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Economy

Otis stock poised for rebound as analysts see services growth, construction boom: should you buy?

Otis Worldwide Corp.’s share price has been on a slow decline for much of the year, but signs are emerging that the…
Economy

China’s petrochemical sector faces profit squeeze amid expansion

China’s petrochemical sector anticipates significant growth in a key segment, projected to expand by nearly 50% by 2028.  This expansion is set…
Economy

WhatsApp, Telegram face restrictions in Russia: report

Russia has begun restricting WhatsApp and Telegram calls, intensifying its control over the country’s online communication channels and pushing users towards its…
Economy

Aviva shares hit 17-year high as profits surge 22% — can the rally last?

Aviva shares climbed to their highest level since before the 2008 financial crisis on Thursday, after the FTSE 100 insurer reported a…
Economy

Dow futures trade flat ahead of key data: 5 things to know before Wall Street opens

Dow futures were little changed Thursday after Wall Street’s strong run earlier in the week. Futures on the Dow ticked up 0.02%,…
Economy

South Africa’s auto sector faces 12 closures, 4,000 job losses as US tariffs bite

South Africa’s automotive industry is under strain as a combination of import dominance, low local content levels, and new US tariffs weighs…
Economy

Global oil supply to surge in 2025, outpacing demand: IEA report

The International Energy Agency scaled up its forecast for global oil supply in 2025, citing higher production by the Organization of the…
Economy

Dow futures soar 135 points today: 5 things to know before Wall Street opens

Dow futures ticked up in early trade Wednesday, helped by growing chatter that the Federal Reserve could cut interest rates in September….
Economy

Ethereum price target raised to $7,500 by Standard Chartered on stablecoin boom

Standard Chartered has raised its year-end 2024 price target for ether to $7,500, up from $4,000, citing rapid growth in stablecoin adoption…
Economy

Elon Musk to face OpenAI’s counterclaims in high-stakes 2026 Jury Trial

A federal court has ruled that Elon Musk must face OpenAI’s counterclaims alleging a prolonged campaign to harm the company he co-founded…
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