Browsing: Business

The S&P 500 posted a 2.3% gain in August, reversing early losses, driven by strong performances in sectors like consumer staples, real estate, and healthcare.

China’s economy is under severe strain as manufacturing and property sectors struggle, raising doubts about the government’s growth target for 2024.

Japan’s industrial output rose 2.8% in July, driven by increased semiconductor and electrical device production amid growing global demand.

Saudi Arabia’s strategic reforms lead to a $215 billion FDI, positioning it as a top global investment destination.

Nvidia’s earnings, a significant indicator for AI investments, are set to reveal, potentially driving major shifts in tech stock dynamics and market stability.

Lego’s revenue climbs to $4.65 billion in 2024, led by diverse product lines and strategic partnerships.

The EU achieved a €40.4 billion trade surplus in Q2 2024, driven by strong machinery and chemicals sectors, despite significant energy deficits.

U.S. crude oil prices increased by 3% due to a production stop in Libya and ongoing Middle East tensions.

Following Powell’s remarks, the 10-year Treasury yield remains unchanged, signaling market anticipation of rate cuts.

OPEC chief highlights the synergistic roles of oil and electrification in the global energy mix.