World Trade

Even after a sharp decline, some investors see few indications of a bottom in U.S. stocks.

NEW YORK (Reuters) – Even though a huge selloff sent U.S. stocks into a bear market, investors don’t see much…

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UK Inflation Expert Warns BOE to Halt Rate Increases Prior to Recession

(Bloomberg) — Tim Congdon, a seasoned UK monetarist who was an early prognosticator of the global inflation shock, suggests that…

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Lynas received a $120 million Pentagon contract for a U.S. rare earths project.

The U.S. Department of Defense has awarded Lynas Rare Earths an additional $120 million to construct a commercial heavy rare…

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A strike in S. Korea stops shipments of a key cleaning agent for making chips.

The Korean International Trade Association (KITA) said on Tuesday that a strike by truck drivers in South Korea has stopped…

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For the first time in seven consecutive quarters, profitability for Asian corporations has declined.

(Reuters) – Asian companies’ earnings went down in March for the first time in seven quarters. This was caused by…

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“Forced by circumstances,” some banks are predicting a 75bp increase in the Fed rate.

(Reuters) – SingaporeAs a result of a higher-than-expected inflation reading, investment banks have raised their predictions for U.S. interest rate…

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Drilling vs returns.The trade-off for U.S. oil producers as a windfall tax looms

(Reuters) – U.S. oil firms earning from sky-high prices are doling out billions to shareholders and creating cash reserves, a…

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Tesla will ask investors for permission to split its stock 3 for 1.

Tesla (NASDAQ: TSLA) Inc. proposed a three-to-one stock split, which would make its shares cheaper after the most valuable automaker’s…

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The CEO of JetBlue says that the airline is “confident” that it will be able to buy Spirit.

Robin Hayes, CEO of JetBlue Airways Corp (JBLU.O), stated on Friday that he is “hopeful” that a deal to acquire…

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As the U.S. SEC starts its investigation, fears of a bigger fine cause Ericsson shares to fall.

A few years ago, U.S. agencies looked into the company. As a result, Ericsson had to pay a $1 billion…

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