Ford, the American carmaker, calculated that the US President Joe Biden administration's plan to increase fuel efficiency rules may result in $1 billion in fines between 2027 and 2032, writes Bloomberg. "This is alarming in and of itself and threatens significant economic hardship for Ford," the...

An expansion of the Israel-Gaza dispute into a larger conflict might provide another shock to global GDP and halt disinflationary forces in their tracks.   So far, market reaction has been muted, but this could change.   "Whether this conflict remains limited to a confrontation...

China's economy grew at a faster-than-expected rate in the third quarter, while consumer and industrial activity in September also surprised on the positive, indicating that the recent flurry of policy measures is bolstering a fragile recovery.   Rapidly weakening growth in the world's...

According to the EU statistics office (Eurostat), the number of commercial flights inside the European Union grew this summer compared to the previous year, although it is still lower than it was before to the pandemic in 2019. June saw a 6.9% increase in air travel compared to the same month...

Indian Prime Minister Narendra Modi declared that his nation would send astronauts to the moon by 2040 and construct a national orbital station by 2035. The Prime Minister proposed establishing new, lofty objectives, noting the accomplishments of Indian space programs, such as the successful...

On the back of increased oil prices, Goldman Sachs stated on Tuesday that it anticipates earnings for companies in the pan-European STOXX 600 index to climb by 3% in 2023 as opposed to its previous prediction of no growth.   Benchmark Since the Middle East war erupted earlier this month,...

In an effort to restore its property market, which has been in crisis since officials started cracking down on the industry's debt levels in 2021, China has implemented a flurry of assistance measures in recent months.   However, according to economists, they are not sufficient to quickly...

The U.S. Securities and Exchange Commission (SEC) unveiled new regulations with the goal of enhancing "short selling" transparency in the stock market, reports CNBC. An investor that engages in a "short sale" borrows shares, sells them, and then watches for a decline in quotes to purchase stocks at...

As investors watch to see if the conflict draws in additional nations with the potential to push up oil prices further and inflict a major blow to the world economy, attention has been drawn to mounting geopolitical concerns for financial markets.   As its troops prepared for a ground...