According to calculations by the US Department of Energy's Energy Information Administration (EIA), US oil exports rose by 13% from 2022 to a record 4.1 million barrels per day (bpd)…

Steven Mnuchin, the former Treasury Secretary of the United States, is assembling a group of investors to purchase the TikTok service for making and watching short videos, reports CNBC.

According to the Organization for Economic Cooperation and Development's (OECD) preliminary assessment, the G20 countries' economy grew by 0.7% in the fourth quarter of 2023 compared to the preceding three…

Official figures from the European Union's statistics agency (Eurostat) show that the GDP of the Eurozone remained constant in the fourth quarter of 2023 compared to the preceding three months.

According to Calastone analysis, British investors have been actively buying American equities since October 2023, while keeping their money out of the securities of British corporations.

Nvidia is now the third-biggest company in the world with a higher market valuation than Saudi Aramco.

Analysts at Bank of America raised their prediction for the US market index S&P 500 at the end of 2024 from 5,000 points to 5,400 points.

Delegates from the member states of OPEC+ have decided to prolong the cutback in oil exports by 2 million barrels per day (bpd) until the end of June, according to…

A study by UBS Group AG shows that Chinese state funds have supported the nation's stock market by infusing more than 410 billion yuan ($57 billion) into it since the…

By 2030, the United States may account for 20% of the world's output of the most sophisticated processors required to run artificial intelligence (AI) systems, said the nation's Secretary of…

The biggest luggage manufacturer is looking into a number of possibilities, such as a sale with delisting.

US bank Goldman Sachs Group revised the Federal Reserve's (Fed) federal funds rate trajectory for 2024 in light of recent remarks made by Fed officials and the meeting minutes from…

Nikkei 225, the main stock index in Japan, broke the previous record of 38,915 points set in December 1989 by reaching a record high of 39,098 points yesterday. The index…

The biggest economy in Africa, Nigeria, is going through one of its worst crises ever.

Preliminary estimations show that the economies of nations - members of the Organization for Economic Cooperation and Development (OECD) expanded by 0.4% in the fourth quarter of 2023 compared to…

Rio Tinto, an Australian miner, reduced its net profit in 2023 from a revised $12.39 billion to $10.06 billion. This represents a 19% reduction.

The biggest producer of platinum, Anglo American Platinum (Amplats), stated in a presentation that it anticipates a drop in platinum production to 3-3.4 million ounces in 2025–2026.

Five-year loan rates were reduced from 4.2% to 3.95%.

The escalation in the Red Sea has resulted in a 10-15 day increase in delivery times from Asia to Europe, according to European Commissioner for Economic Affairs Paolo Gentiloni. Transport…

IMF: Debt levels have reached their highest points in half a century in a number of nations worldwide.

The World Bank said in a joint statement posted on its website that the UN, EU, Kiev, and others estimate the cost of reconstructing Ukraine over the next ten years…

According to Fatih Birol, president of the International Energy Agency (IEA), supply build-up by several nations will assist satisfy demand and keep prices in line, therefore the situation in the…

According to Bloomberg, Germany's economy—which is regarded as the biggest in the eurozone—has been in decline since 2017. More recently, this drop has accelerated because of the country's decreased competitiveness.…

US toy manufacturer Mattel Inc. reported a net income growth of over nine times in the fourth quarter of 2023, despite lower-than-expected adjusted earnings and revenue.

According to Sarah Breeden, the deputy governor of the British Central Bank's financial stability unit, management at the Bank of England are now more concerned with determining how long to…