Wall Street braces for weakest earnings season since 2023 amid market highs
As the second-quarter earnings season kicks off, US equity markets are hovering near record highs, buoyed by optimism that many…
Trump raises tariffs on Canadian imports to 35%, escalating trade tensions
US President Donald Trump announced a sweeping new 35% tariff on Canadian imports, escalating trade tensions between the two countries…
Gold to remain supported as economic uncertainty, high tariffs persist, says Metals Focus
Broad investor optimism and a one-month delay in US import tariffs are keeping gold prices around $3,300 an ounce. Although…
Saudi Arabia boosts China oil exports to over 2-year high in August, Sinopec ramps up intake
In August, Saudi Arabia is poised to increase its crude oil exports to China, reaching their highest level in over…
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…