Sections

ideals

Business Essentials for Professionals



Markets

Exxon Mobil Predicts Prolonged Oil Demand, Highlights Need For Continued Investment In Energy Sector

Exxon Mobil has projected that global crude oil demand will remain above 100 million barrels per day (bpd) through 2050, signaling a robust outlook for the oil industry that contrasts sharply with the forecasts of its European counterparts, particularly BP. This forecast, outlined in Exxon’s latest...

U.S. Intensifies Sanctions On Entities Supporting Russia's War Effort, Including Chinese Firms

The United States escalated its sanctions against over 400 entities and individuals on Friday, targeting those involved in supporting Russia's military campaign in Ukraine. Among those sanctioned are Chinese companies accused of helping Moscow bypass Western sanctions and bolster its military...

China's Humanoid Robot Ambitions: A New Frontier In Industrial Automation

China, already a global leader in electric vehicles, is now setting its sights on revolutionizing industrial automation with battery-powered humanoid robots. At the World Robot Conference in Beijing, over two dozen Chinese companies showcased their latest humanoid robots, designed to work in...

Gold's Ascent Continues Amid Global Tensions And Fed Rate Cut Speculations

Gold prices have been steadily climbing to new heights, with market analysts predicting further records as global uncertainties persist and the U.S. Federal Reserve's upcoming meeting looms. Spot gold recently held steady at its record high of $2,508.14 per ounce, while U.S. gold futures surged by...

Global Efforts To Reduce Dependence On China’s Copper Industry Could Complicate Energy Transition

Efforts by Western countries to lessen their dependence on China’s dominant position in the copper market could face significant challenges, potentially complicating the energy transition and driving up costs, according to a report from Wood Mackenzie.   Challenges In Replacing China’s...

Value-Conscious Shoppers Drive E-Commerce Competition in China

Chinese e-commerce giants Alibaba and JD.com highlighted the growing challenge of attracting budget-minded consumers in their quarterly reports released Thursday, reflecting broader trends in China’s consumer market.   Shift in Consumer Preferences   Both Alibaba and JD.com faced...

Foxconn’s AI Server Business Drives Profit Surge And Future Growth Prospects

Foxconn, the world’s largest contract electronics manufacturer, reported a better-than-expected 6% increase in quarterly net profit, fueled by surging demand for artificial intelligence (AI) servers. The Taiwanese company, formally known as Hon Hai Precision Industry Co Ltd, emphasized its strong...

US Fed Likely To Cut Interest Rates As Inflation Continues To Ease

The Federal Reserve is increasingly expected to cut interest rates next month, as the latest data shows a moderate rise in U.S. consumer prices for July and the smallest annual increase in inflation since early 2021. This development allows the central bank to shift its focus more towards the labor...

India's Rising Weight On MSCI Equity Index Expected To Drive $3 Billion In Market Inflows

India's influence on the MSCI Global Standard index, a key tracker of emerging market stocks, has reached a new high, setting the stage for substantial inflows into its equity markets. The latest adjustments in the index will likely attract around $3 billion into Indian markets, as the country's...

Russia Circumvents Western Sanctions With Billions In Cash Imports Post-Ukraine Invasion

Despite stringent sanctions from the U.S. and EU following its invasion of Ukraine, Russia has successfully imported around $2.3 billion in dollar and euro banknotes since March 2022, according to customs data reviewed by Reuters. These figures highlight Russia's ability to bypass sanctions aimed...

China’s Energy Landscape Shifts As Clean Power Gains Amid Declining Oil Demand"

China's evolving energy landscape is presenting a complex picture, with shifts in oil demand and surging electricity use highlighting the country's transition toward cleaner power sources. Despite recent concerns over slower oil consumption, China's electricity generation and liquefied natural gas...

Indian State Of Uttar Pradesh Stands Firm On Hybrid Car Tax Waiver, Stirring Debate Among Automakers

Uttar Pradesh, India's most populous state and a significant player in the automotive market, has decided to uphold its recent policy of waiving registration taxes for hybrid cars, a move that benefits Toyota but poses challenges for domestic automakers Tata Motors and Mahindra & Mahindra....
1 ... « 8 9 10 11 12 13 14 » ... 85