BHP, a major mining company, has stated that establishing a “green iron” industry in Australia is cost-prohibitive, Reuters said in a report. BHP’s declaration comes after Australia and China…
China’s economy is officially expanding. GDP rose 5.2% in the second quarter of 2025, slightly above expectations. Retail sales jumped 6.4% in May. Exports have gained short-term momentum…
Against the backdrop of rising global geopolitical tensions and growing economic uncertainty, the European Central Bank (ECB) is intensifying its vigilance against possible risks to the eurozone’s financial…
UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients issued Tuesday, the bank…
Big US banks kicked off second-quarter earnings on a high note Tuesday, signalling a rebound in investment banking activity after months of subdued dealmaking. JPMorgan Chase, Citigroup, and…
US equities advanced on Tuesday as investors digested June inflation data and looked ahead to the second-quarter earnings season. The S&P 500 rose 0.5%, the Nasdaq Composite gained…
According to Statistics Canada data released on Tuesday, Canada’s inflation rate increased to 1.9% per year in June, up from 1.7% in May. The increase was primarily driven…
Former National Security Advisor Mike Waltz is poised to face members of the Senate on Tuesday to get the ball rolling on his nomination to represent the U.S.…
Underlying US inflation cooled more than forecast in June, marking the fifth consecutive month of softer-than-expected core consumer price increases, according to data released Tuesday by the Bureau…