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US may offer Iran access to $30 billion in civilian nuclear investment 06/27/2025

NATO countries committed to increasing defense spending to 5% of GDP by 2035 06/26/2025

Fast food chain Raising Cane's surpasses KFC in US sales in 2024 07/01/2025

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Economics

Oil producers predict a boom in the market of electric vehicles

Total, one of the world's largest oil producers, believes that almost a third of new car sales will fall on electric cars by the end of the next decade. The groeing number of vehicles running on batteries will lead to a drop in demand for oil-based fuel in the 2030s, said Chief Economist for Energy...

The IMF Says The Debt Problem In China Needs To Be Fixed

The International Monetary Fund is issuing a strong warning over growing debt in the world's second-largest economy – China, even as the funds lauds the growth in the Chinese economy and says that the economy is looking good enough for the organization to raise its outlook. From the...

Trump's 'America First' Agenda Looms Large As NAFTA Talks Begin

The biggest uncertainty in the forthcoming NAFTA talks is whether a deal can pass President Donald Trump's "America First" test as the United States, Canada and Mexico kick off negotiations to modernize the agreement. Shuttering of U.S. factories and sending U.S. jobs to low-wage Mexico...

If U.S. Harms Trade Ties, It Will 'Take Action To Defend Interests', China Warns

At a time of heightened tension over North Korea’s nuclear ambitions, Trump's move, the first direct trade measure by his administration against China, is believed unlikely to prompt near-term change in commercial ties. The White House and U.S. industry groups say that China's...

As NAFTA Talks Start, Trump's NAFTA Autos Goals And The Auto Industry Set To Collide

Aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts, the Trump administration is starting renegotiations of the 23-year-old NAFTA trade pact this week but has set a collision course with the auto industry. U.S. President Donald Trump...

In Second Quarter, A Sweet Spot For U.S. Companies’ Earnings Is China

Corporate America is finding China to be a reliable source of profit growth this year even as trade tensions between Washington and Beijing may be running high. In recent weeks, many major U.S. companies have reported stronger second-quarter earnings and revenue from their Chinese...

Why we should forget about shares of American exporters

This year, shares of US companies that receive bulk of their profits outside the country have shown significantly better returns than those of organizations oriented to the domestic market. On average, the shares of the largest US exporters from the S&P 500 - the top 10 of the companies showing...

The 5 biggest misconceptions in the oil market

Companies operating in the Permian basin in the US showed good results in August. This is not surprising, given the fact that this pool, located in Texas and New Mexico, is one of the best oil fields, according to American experts. However, there were also negative components, such as delays in...

Is there a worthy alternative to LIBOR?

London Interbank Offered Rate (LIBOR) is published each working day shortly before noon on British time. This is the weighted average rate at which loans are offered to banks in five currencies and seven maturities, from one day to 12 months. The rate is based on the data provided by 20 selected...

As Wall Street Cuts Analyst Jobs, Funds Target 'Unknown' Stocks

Hot stocks like Google-parent Alphabet Inc and Visa Inc. are being outpaced by shares of industrial products maker Handy & Harman Ltd with a nearly 30-percent gain in 2017. Yet, in large part because no sell-side research analysts publish any estimates of its earnings, few on Wall Street have...