Nonfarm payrolls report looms: what could move markets and test investor nerves
The stakes are rising ahead of the May nonfarm payrolls report. For months, investors bet on a soft landing: cooling…
ECB cuts key rate by 25 basis points, citing cooling inflation
The European Central Bank on Thursday delivered a widely expected quarter-point rate cut, lowering its deposit facility rate to 2%…
UK’s Centrica signs $27B gas deal with Norway’s Equinor
British energy giant Centrica, the owner of British Energy, has entered into a substantial long-term agreement with Norwegian energy company…
Silver soars to 13-year high; can prices rise further?
Silver prices have breached the psychological barrier of $35 per ounce and have hit an over 13-year high on Thursday. …
Kimberly-Clark sells majority stake in global tissue unit to Brazil’s Suzano
Kimberly-Clark announced Thursday that it has reached an agreement with Brazilian pulp manufacturer Suzano to sell a controlling stake in…
Trump, Xi Jinping speak for 90 mins, new US-China trade talks announced
US President Donald Trump said trade officials from the United States and China will meet soon, though a location and…
Black Iron says Shymanivske project key to Ukraine recovery; sees post-war steel demand boosting prices
Even as peace between Russia and Ukraine remains out of reach, with a ceasefire still uncertain, Canada-based Black Iron is…
GBP/USD rebounds amid trade tensions and economic data
The British Pound (GBP) kicked off the week with a modest rally against the US Dollar (USD) on Monday, clawing…
China’s export curbs on critical minerals raise alarms for global automakers
Automakers worldwide voiced concerns alongside US manufacturers on Tuesday regarding China’s dominance over critical minerals, Reuters reported. The companies warned…
China plans major Airbus deal before EU leaders’ visit, report says
China is in advanced discussions to place a major order for Airbus SE aircraft, with a deal potentially timed to…