Market Chatter: Bombardier Granted Exemption From Canadian sanctions on Russian Titanium
Market Chatter: Bombardier Granted Exemption From Canadian sanctions on Russian Titanium
President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
Runes etching on Bitcoin network drops drastically, affecting miners' income.
(Bloomberg) -- Chinese buyers are temporarily shunning Russian aluminum, as commercial realities intrude on the push to deepen bilateral trade ties.Most Read from BloombergFlood of China Used Cooking Oil Spurs Call to Hike US LeviesHow One of the World's Oldest Hedge Funds Went BankruptBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsTrump Vows ‘Day One’ Executive Order Targeting Offshore WindOpenAI Chief Scientist Ilya Sutskever Is Leaving the CompanySanctions imposed on Russian b
Oil prices rose on Wednesday on expectations for higher demand as the U.S. dollar weakened and a report showed U.S. crude and gasoline inventories fell while the release of inflation data may point to a more supportive economic outlook. Brent crude futures were up 51 cents, or 0.6%, at $82.89 a barrel at 0630 GMT. U.S. crude oil inventories fell 3.104 million barrels in the week ended May 10, according to market sources citing American Petroleum Institute figures on Tuesday.
(Bloomberg) -- China’s CMOC Group Ltd. is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo mines.Most Read from BloombergFlood of China Used Cooking Oil Spurs Call to Hike US LeviesBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsTrump Vows ‘Day One’ Executive Order Targeting Offshore WindHow One of the World's Oldest Hedge Funds Went BankruptOpenAI Chief Sci
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.
Major firms are betting big on the Web3 job market anticipating an increased adoption of blockchain technology
(Bloomberg) -- OPEC+ is once again grappling with the thorny question of how much oil its members are actually capable of pumping, an issue that poses risks for the group’s efforts to stabilize world markets. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsFlood of China Used Cooking Oil Spurs Call to Hike US LeviesMacron Puts French Banks in Play With Plan to Transform EuropeHow One of the World's
In its financial results published on Monday, Petrobras recorded a net recurring profit of 23.9bn reais ($4.63bn) in the quarter ending in March.
A train that travels from rural northern Morocco to a port on the Mediterranean Sea carries no passengers. Three times a day, it brings hundreds of cars stacked bumper to bumper from a Renault factory outside Tangiers to vessels that transport them to European dealerships. Business incentives and investing in infrastructure like the freight railway line have allowed Morocco to grow its automotive industry from virtually non-existent to Africa's largest in less than two decades.