The Federal Reserve's Approach to Interest Rates
Waller emphasizes the importance of a measured and cautious approach to interest rate cuts, guided by incoming data and not market expectations.
Trafigura to Purchase Carbon Dioxide Removal Credits from 1PointFive
Trafigura, a global commodities trader, has agreed to acquire carbon dioxide removal credits from 1PointFive to offset its emissions. This partnership promotes DAC technology and aims to reduce emissions related to energy and commodities su...
Cryptocurrency Market Update
During morning trading, the cryptocurrency market showed mixed performance, with Uniswap rising and Polkadot falling. Other cryptocurrencies also had increases and decreases. The article also highlights notable developments in crypto-relate...
Manufacturing Plunges in New York
Manufacturing activity in New York hits record low as the Empire State business conditions index plunges. Key details reveal significant drops in new orders and shipments, while optimism remains subdued. The decline raises doubts about the...
Allakos Shares Plummet 61% as Company Halts Lirentelimab Activities
Allakos shares plunge 61% as the company stops lirentelimab activities, resulting in a workforce downsizing and focus on AK006 development.
Canadian Wholesale Sales Rebound in November
Canadian wholesale trade rebounds in November with increased sales of vehicles and building materials. Positive trend in the wholesale sector after consecutive months of decline.
Thailand Stocks Drop, While Some Companies See Gains
Thailand's SET Index dropped 0.4%, while certain companies recorded gains. Find out more about the stock market performance in Thailand and other countries.
PageGroup Reports Drop in Profits in Q4
PageGroup, a UK recruitment company, experienced a decline in profits in the fourth quarter due to challenging market conditions. Both client and candidate confidence remained weak, contributing to the decrease in group gross profit. Despit...
Hertz Reverses Plans to Grow Electric Vehicle Fleet
Hertz, the rental-car company, is selling 20,000 EVs and acquiring internal combustion vehicles due to decreased demand and higher costs.
Citi's Oil Market Predictions for 2024-2025
Citi predicts balanced oil markets in 2024 but a more bearish outlook for 2025 with a slowdown in demand growth and increased non-OPEC+ supply. Challenges for OPEC+ are anticipated, while global demand is projected to slow down due to vario...