US Inflation Expected to Ease Further, Recession Fears Diminish
According to a study issued on Monday, the majority of business economists believe that even if the employment market eventually weakens due to rising interest rates, the U.S. economy might escape a recession in 2024.
Dec 04, 2023 09:31 AM EST


Gold Surges Past $2,100, Signaling a New Era of High Prices
For the second day in a row, gold prices broke beyond $2,100 on Monday, as the world's appetite for metal looks certain to persist.

Oil Markets Brace for Impact as OPEC+ Announces Production Cuts
The OPEC oil cartel, led by Saudi Arabia and allied producers like Russia, took another huge go at supporting lagging crude prices on Thursday, extending some supply restrictions into next year and pulling in up-and-coming oil provider Brazil.

JPMorgan Acquires Significant Stake in Spanish Defense Contractor Indra
JPMorgan purchased a 10.6% stake in Spanish defense systems producer Indra (IDR.MC), according to the stock exchange regulator on Thursday.
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Japan and Airbus welcome new agreement on industrial partnerships
Airline company Airbus welcomes new agreement on industrial partnerships with Japan.
Mar 06, 2017 01:05 AM EST
Mexico economy minister sets meeting with US automaker executives in trade push
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Mar 03, 2017 10:25 AM EST
Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range
The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo.
Mar 03, 2017 09:42 AM EST
Snapchat share price soars on market debut
The firm's valuation of $30 billion is the biggest record for a US tech company since Facebook in 2012.
Mar 03, 2017 08:28 AM EST
Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario
Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.
Mar 03, 2017 08:42 AM EST
Oil prices forecast $50 to $70 per barrel through 2022, report says
Overall, demand is set to outpace supply on average over the forecast period.
Mar 02, 2017 10:58 AM EST
Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies
The company shake-up comes after Tiffany's disappointing financial results.
Mar 02, 2017 09:19 AM EST
Tesco plans to remove 1,700 managerial jobs
The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.
Mar 01, 2017 09:02 AM EST
Qantas posts decline in net profits
The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.
Mar 01, 2017 09:02 AM EST
Alibaba seeks tougher penalties for purveyors of counterfeit goods
E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.
Mar 01, 2017 01:21 AM EST
Asian shares rise ahead of Trump speech
Asian shares up, strengthened by gains on Wall Street as investors await President Donald Trump speech.
Feb 28, 2017 01:54 AM EST
Tesla Nearly Exceeds 114-Year-Old Ford's Market Value
Electric automaker is set to release its mass market car this year.
Feb 28, 2017 10:46 AM EST