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 White House is framing its controversial energy talks with Russia as a necessary, pragmatic step toward achieving peace in Ukraine. This justification is...
Chancellor Rachel Reeves is poised to welcome the Bank of England's anticipated interest rate cut this Thursday, a move that offers some economic relief...
The United States and the European Union have finalized a major trade agreement after months of tense negotiations, avoiding the threat of a damaging...
