Oil prices rise on Trump’s sanction threat on Russia; oversupply to weigh on sentiments
Oil prices rose on Friday, following US President Donald Trump’s announcement of an upcoming statement concerning Russia, which hinted at…
Glenmark Pharma hits record high after $2B licensing deal for cancer drug
Shares of Glenmark Pharmaceuticals surged 14% to an all-time high on Friday after its biotechnology unit, Ichnos Glenmark Innovation (IGI),…
China’s Iranian oil imports near record highs as traders circumvent sanctions
China’s import of Iranian crude oil continued to rise last month as shipments were close to the record highs touched…
Barrick CEO remains bullish on copper amid US tariff uncertainty
Mark Bristow, CEO of Barrick Mining Corp, reiterated the copper miners’ bullish outlook on the metal’s future in Zambia, where…
The era of institutional Bitcoin adoption has arrived. And this time it’s different
Bitcoin has just flown past another all-time-high early on Friday. That alone would be headline-worthy. But it’s not the number…
Levi Strauss shares jump 7% on raised outlook; analysts increase price targets
Levi Strauss & Co. shares surged more than 7% in premarket trading on Friday after the company raised its full-year…
Brazil raises 2025 growth forecast, sees limited impact from US tariffs
Despite external trade headwinds and tight domestic monetary conditions, Brazil’s finance ministry has upgraded its 2025 economic outlook and now…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Trade tariffs force Nissan to suspend production of key models for Canada
Nissan Motor has announced a suspension of US production for three of its vehicle models specifically designated for the Canadian…
Freeport-McMoRan shares rise on Trump’s 50% copper tariffs: why is it a ‘top pick’
Shares of US-based copper giant Freeport-McMoRan climbed 3.75% to $47.30 in premarket trading on Wednesday, as investors reacted to a…