In a recent escalation of the ongoing dispute between the Malian government and Canadian mining company Barrick Gold over mining revenues, authorities in Mali have taken the drastic step of shutting down Barrick Gold’s office in the capital city, Bamako. The closure was due to alleged non-payment of taxes by Barrick Gold, Reuters quoted two […]
While US President Donald Trump’s renewed tariff campaign has rattled markets and tested corporate nerves, Wall Street banks are reaping the rewards. Major US lenders have reported robust earnings for the first quarter, buoyed by a resurgence in equities trading as investors scrambled to reposition portfolios amid mounting geopolitical tensions and trade uncertainty. Bank of […]
After a shaky start to Tuesday’s session, Tesla stock recovered, rising over 1% to trade at around $255 in early action. The move aligned with broader market gains, as the Dow Jones Industrial Average advanced 156 points, or 0.4%, while the S&P 500 and Nasdaq Composite each climbed 0.5%. All three major indices are now […]
European stock markets navigated a complex session on Tuesday, inching higher as investors weighed tentative optimism over US trade policy against concerning signs of weakness in the luxury goods sector, highlighted by a significant slump in LVMH shares. The day reflected the ongoing push-and-pull between hopes for tariff relief and the tangible economic impacts of […]
Shares in LVMH dropped 8% on Tuesday morning after the French luxury giant reported an unexpected fall in first-quarter sales, triggering a sharp reaction across the European luxury sector. LVMH, which owns flagship brands including Louis Vuitton, Moët & Chandon and Hennessy, reported a 3% year-on-year decline in revenue for the first three months of […]
Japan’s competition watchdog has ordered Google to stop prioritising its search engine and browser on Android smartphones in a move that could reshape mobile search dominance in the country. The Japan Fair Trade Commission (JFTC) on Tuesday issued a cease and desist order against the tech giant, stating that Google’s conduct may violate the country’s […]
In a further escalation to the trade war with the US, China has instructed its airlines to suspend all further deliveries of Boeing aircraft and halt purchases of aircraft-related equipment and parts from US suppliers, Bloomberg reported citing people familiar with the matter. The directive comes after US President Donald Trump imposed sweeping tariffs of […]
In another milestone for the crypto industry, Canada plans to launch spot Solana exchange-traded funds. Bloomberg’s ETF expert Eric Balchunas revealed that the Ontario Securities Commission (OSC) officially approved multiple SOL ETFs from top Canadian asset managers, including Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ. Eric Balchunas @EricBalchunas ·Follow Canada is readying […]
Airbus stock price has imploded in the past few weeks as investors reacted to Donald Trump’s tariffs and the potential supply chain issues. It has crashed from a high of €177.20 in March this year to the current €140. This article explains why the stock is a good beneficiary for the ongoing trade war. China […]
Indian equity markets delivered a powerful performance on Tuesday, April 15, closing the session with substantial gains as easing global trade tensions, particularly surrounding US tariffs, ignited broad-based buying across Dalal Street. The benchmark indices reflected the buoyant mood, scaling significant milestones amidst widespread sectoral participation. The primary catalyst for the rally was the perceived […]