The Dow Jones Index has moved sideways in the past few weeks as investors reacted to the ongoing crisis in the Middle East. The blue-chip index, which tracks some of…
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Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S. crude oil was last up $1.36, or…
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Business
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
by adminby adminTesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington. The U.S. company posted on the…
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Investors have bailed on First Solar Inc (NASDAQ: FSLR) in recent sessions after the US Senate backed removal of subsidies for solar companies that President Trump proposed last month in…
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Autonomous vehicles have already started taking share within ride-sharing and trucking industries this year, and Goldman Sachs believes the penetration will only accelerate moving forward. According to its analyst Mark…
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Business
Nike pushes back Skims launch with Kim Kardashian due to production delays
by adminby adminKim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the…
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Stock
GMS stock jumps 29% on takeover interest from Home Depot, QXO, analysts raise PTs
by adminby adminShares of GMS Inc. soared on Friday as the building-products distributor became the centre of a potential bidding war between two heavyweights in the construction supply industry: Home Depot and…
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Stock
Japan’s rice price surge: what’s driving it and why it could spark a political crisis
by adminby adminJapan’s rice prices are facing their most severe shock in more than half a century, with costs more than doubling over the past year. The crisis is exposing structural flaws…