The artificial intelligence rally has already reached historic proportions and is now passing some famous – or rather, infamous – milestones. The SOX semiconductor index has a peak price that’s 62% higher than its 200-day moving average – more than double the spread of the Dow Jones Industrial Average in the run-up to Black Monday…
China and the United States have provided critical support to the oil market and helped ease the huge supply disruption in the Middle East and kept energy prices from surging even higher. The oil market has lost about 10 million barrels per day (bpd) of exports from the Persian Gulf due to Iran’s blockade of…
HALIFAX, NOVA SCOTIA — Michael MacGillivray sees the arrival of Chinese electric vehicles in Canada as a potential game changer. “I think it is going to a be a huge eye opener,” said MacGillivray, who oversees 10 dealerships in Nova Scotia and New Brunswick, Canada. As the CEO of Century Auto Group and SIGMA Auto Group,…
DFI Retail Group CEO Scott Price shares insights on navigating Asia’s fast-changing retail landscape — and how the company is adapting to shifting consumer trends, data-driven shopping and rising competition. Retail in Asia is changing fast, with weaker consumer sentiment, rising costs and shifting shopping habits forcing companies to adapt. For DFI Retail Group, that…
Abu Dhabi is accelerating construction of the new West-East pipeline to Fujairah as it looks to expand its oil export capacity and bypass the Strait of Hormuz chokepoint. The project, expected to come online in 2027, will double the Abu Dhabi National Oil Company’s (ADNOC) export capacity. The second pipeline project comes as global energy…
BEIJING, CHINA – MAY 15: U.S. President Donald Trump and Chinese President Xi Jinping tour the Zhongnanhai leadership compound on May 15, 2026 in Beijing, China. Mark Schiefelbein-Pool | Getty Images News | Getty Images China is eager to “help” peace negotiations between Washington and Tehran, U.S. President Donald Trump said Thursday, as he concluded…
U.S. President Donald Trump and Chinese President Xi Jinping tour Zhongnanhai Garden on May 15, 2026 in Beijing, China. China Pool | Getty Images News | Getty Images President Donald Trump said Friday that he refused to directly answer Chinese President Xi Jinping when asked if the United States would defend Taiwan if it were…
A trader works during the Hawkeye 360 Inc. initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, May 7, 2026. Michael Nagle | Bloomberg | Getty Images Government bonds, precious metals and international stocks sold off on Friday, as inflation fears mounted and U.S….
Chinese President Xi Jinping (not pictured) holds a welcome ceremony for U.S. President Donald Trump, who is on a state visit to China, outside the Great Hall of the People prior to their talks on May 14, 2026 in Beijing, China. VCG | Getty Images Hello, this is Katie Foley writing to you from London….
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images European stocks are set to fall on Friday as inflation returns to investors’ minds following a week of hotter-than-expected U.S. price data, while U.K. Prime Minister Keir Starmer faces a…
