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Europe’s petrochemical industry is struggling with China’s global capacity expansion and the closure of plants following years of losses. High production costs and aging facilities are challenging European producers and making the

Crypto-related stocks surged sharply on Monday after US President Donald Trump signed the GENIUS Act, which regulates stablecoins. The rise in Ethereum prices also supported this increase. The law was signed into

A last-minute settlement between Meta Platforms (META.O) and its investors ended an $8 billion lawsuit, preventing Mark Zuckerberg from testifying about Facebook’s data breaches. It also eased pressure on the state of

The Chinese Foreign Ministry announced that the travel ban imposed on Wells Fargo (WFC.N) banker Chenyue Mao was due to a criminal case and that Mao must cooperate with the investigation. Ministry

Oil prices fell for a third consecutive day amid concerns about an escalating trade war between the United States and the European Union. Fears that trade disputes could slow economic activity and

Nasdaq and S&P 500 futures rose on Tuesday as investors await earnings reports from major Wall Street banks and inflation data that could shape expectations for interest rate cuts. As of 05:32

JPMorgan Chase, the largest bank in the US, reported a net profit of $14.99 billion in the second quarter of 2024. This figure, equivalent to $5.24 per share, fell short of the

Consumer inflation in the US is estimated to have risen in June. This increase is expected to continue in the second half of the year, particularly due to the impact of new

Google has signed a historic $3 billion deal with Brookfield Asset Management to procure up to 3 gigawatts of hydroelectric power in the US. This agreement is the largest of its kind.