Monday's global financial markets witnessed extraordinary movements as precious metals achieved historic price levels while analysts emphasized Trump's history of randomly imposed tariffs. Silver led the precious metal rally with a spectacular surge to $94.08 per ounce—an all-time record—before settling at $93.15 with a robust 3.6% gain. Gold advanced 1.6% to reach $4,671 per ounce after touching an unprecedented high of $4,689.
Market observers note...
BP is strategically clearing the path for incoming CEO Meg O’Neill, announcing a $5 billion writedown on green energy assets just months before she takes the helm. This "kitchen sinking" of bad news is designed to ensure that O’Neill inherits a balance sheet free from the drag of overvalued transition businesses.
The writedown targets the gas and low-carbon divisions, reflecting the company’s pivot away from...
The World Trade Organization (WTO) has issued a stark warning that former U.S. President Donald Trump's sweeping tariffs could reverse global trade progress and...
Global oil markets are facing their most turbulent moment in years, as geopolitical tensions, trade war fallout, and unexpected supply shifts collide to drag...
IMF Managing Director Kristalina Georgieva has issued a stark warning, predicting that a third of the global economy will slip into recession in the...
According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in...
During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the...
New Delhi: Following SpiceJet's recent claim regarding the strength of its safety processes after an audit by the International Civil Aviation Organisation (ICAO), the...
New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in global power generation. The breakthrough...
