Global Trade
Gasoline Prices Decline with Falling Oil
Gasoline prices are showing a notable retreat from their 2023 peak last month, in tandem with a cooling off of crude oil prices. Tom Kloza,...
BlackBerry Divides: IoT and Cybersecurity Units for Growth
Canadian technology company BlackBerry disclosed on Wednesday its intention to segregate its business operations into two distinct units, namely Internet of Things (IoT) and cybersecurity....
Belgian Authorities Probe Presence of Alibaba Group
Belgian authorities are intensifying their scrutiny of China’s Alibaba Group Holding (BABA) amid concerns about potential security risks associated with the e-commerce giant’s operations at...
Oil Prices Plunge Amid Global Growth Concerns
Oil prices plunged once again as fears of a global economic slowdown loomed large. This sharp decline followed yesterday’s substantial drop, marking the most significant...
Oil Prices Surge 28% in Q3 2023
Global oil prices experienced a significant surge of 28% in the last quarter, culminating in a peak for 2023 in September. This surge can be...
BYD: Potential New EV Leader, Overtaking Tesla
BYD, headquartered in Shenzhen and specializing in electric vehicles (EVs), stands on the cusp of surpassing industry giant Tesla to become the leading global EV...
Q3 Report: US New Vehicle Sales Defy UAW Strike Concerns
Global automakers have reported a significant surge in new vehicle sales in the US during the third quarter of this year. Leading the charge, General...
TSMC Sees Significant Stock Value Decline
Taiwan Semiconductor Manufacturing Co. (TSMC) is experiencing a significant decline in its stock value, surpassing any other in Asia since mid-June. This trend is indicative...
Citi Analysts: Brent Prices Face Decline in 4Q and 2024
In a remarkable surge, oil prices catapulted an impressive 28% on average over the past quarter, attaining four-month peaks. This dramatic upswing can be attributed...
World Bank Lowers 2024 Forecast for China, Cites Global Factors
In its semi-annual regional update released on Sunday, the World Bank affirmed its economic growth projection for China in 2023 at 5.1%, holding steady from...
