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Economy

UK grocery inflation hits 4.1% as wage hikes and tax changes push up prices

British grocery inflation climbed to 4.1% in the four weeks to 18 May, the highest level in over a year, according to…
Economy

Costco stock price rare chart pattern points to a dive after earnings

Costco stock price will be in focus this week as it publishes its financial results, which will provide more color on its…
Economy

Asian markets close: Sensex closes over 620 pts lower; Japan’s Nikkei gains on US-EU tariff deferral

Asia-Pacific stock markets presented a varied landscape at Tuesday’s close, with investors continuing to navigate the evolving global trade climate, particularly after…
Economy

French firm ALTBG grows Bitcoin stash to 1,437 BTC, targets 170K by 2032

French crypto holding firm Blockchain Group has intensified its Bitcoin accumulation strategy following a successful €63.3 million bond issuance. The company, listed…
Economy

Why biofuel adoption in shipping faces supply and viability challenges

Driven by the shipping industry’s net-zero carbon emissions target, demand for biofuels is rising. Biofuels offer an easily adopted solution due to…
Economy

Tesla’s European sales halve in April amid growing rivals and outdated lineup

Tesla’s electric vehicle (EV) sales in Europe plummeted by nearly half in April, underlining the growing challenges the company faces in one…
Economy

Here’s why the Nio stock price dropped in Hong Kong

Nio stock price retreated in Hong Kong as investors expressed concerns about the intensifying competition in China’s electric vehicle industry. The stock…
Economy

Here’s why the German DAX index is soaring today

The DAX Index surged on Monday, making it one of the best-performing indices in the market. It jumped by over 1.5% to…
Economy

Asian stocks close mixed on Monday: Hang Seng slips 1.4%, Nikkei jumps 1%

Asian markets closed mixed on Monday, as investors reacted to renewed tariff threats from US President Donald Trump. Trump warned that a…
Economy

Sunrun stock price crashed: will the US Senate save it?

Sunrun stock price crashed this week as concerns about the future of the solar energy industry continued. RUN plunged to a low…
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