Global Trade
Intel Hit with €376M Fine by European Commission
In a decisive move, the European Commission (EC) has imposed a hefty fine of 376 million Euros ($400 million) on Intel for engaging in anti-competitive...
China Eases Rules for Cross-Border Money Transfers
In a bid to counter the decline in overseas investments and tackle an economic slowdown, China has reiterated regulations ensuring unhindered cross-border money transfers for...
Activision Blizzard Acquisition Progresses for Microsoft
Microsoft (MSFT) is on the brink of surmounting its last obstacle in the United Kingdom, as it strives to secure its acquisition of the renowned...
Trans Mountain Pipeline: Canada’s Oil Export Revolution
In a transformative move for Canada’s oil sector, the nearing completion of the Trans Mountain pipeline expansion is poised to redefine the nation’s standing in...
Crude Oil Prices: Analysts Eye $100 per Barrel Milestone
Wall Street analysts are issuing a stark warning as crude oil prices surge towards a potential milestone of $100 per barrel. Goldman Sachs, a prominent...
Bank of England Holds Key Rate at 5.25% Amidst 15-Year High
The Bank of England announced on Thursday that it would keep its key interest rate unchanged at 5.25%, marking the highest level in 15 years....
WhatsApp Unveils “Flows” to Elevate Shopping Experience
WhatsApp, a subsidiary of Meta, is set to revolutionize the in-app shopping experience for both merchants and users with the introduction of its innovative feature...
Ford’s Canadian Deal with Unifor Prevents Strike
In a late-night turn of events on Tuesday, Ford Motor Company successfully sidestepped a potentially crippling strike at Ford’s Canadian facilities, following a last-minute deal...
Trans Mountain: A New Dawn for North American Oil Supplies
After years of anticipation, the Trans Mountain oil pipeline expansion (TMX) is poised to commence operations in early 2024, heralding a transformative shift in North...
Gas Prices Surge: 2023 Hits New Highs
In a staggering surge, gas prices in the United States reached a new peak for 2023 on Monday, according to data released by the American...