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Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
- Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
- Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
- US stocks: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike betsUS stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later th...
- US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
- Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
- China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- Gas at $4: Americans cut back on discretionary spends as fuel bills mountAmericans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...
- India's fuel demand outlook hit by price hikes, slowing industrial activityIndia's fuel demand growth is set to slow. Price increases for gasoline and diesel are impacting consumers. The trucking sector shows early...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- Walmart delivers another strong quarter but economic uncertainty clouds outlook for retail sectorWalmart saw impressive sales, attracting shoppers with fast deliveries and low prices. However, the retail giant is cautious about the futu...
- TGT stock: Why are Target Corp shares rising? Is it the most lucrative stock today at Wall Street?TGT stock: More customers buying in all six of Target’s main merchandising categories helped deliver the better-than-expected sales, the co...
- Petrol, diesel prices hiked for first time in 4 years; fuel retailers still face a gap of Rs 15-20/litre on salesIndia is the world’s third-largest oil importer, heavily dependent on global markets and energy flowing out of the Persian Gulf. In a crisi...
- Amazon vs Walmart: Great American race begins for $1 trillion annual sales. How will this benefit customers in rural U.S?Amazon last year invested $4 billion to bring same-day or next-day deliveries to 4,000 smaller cities, towns and rural communities.
- Walmart and Amazon race to win over rural America with speedier deliveriesWalmart and Amazon are aggressively expanding online delivery services into rural America, a market previously overlooked due to logistical...
- India braces for more fuel hikes as Iran war forces Modi’s handConsumers in India are bracing for more fuel price increases. A recent modest hike in diesel and gasoline prices aims to ease the burden on...
- US stocks today: US stocks end higher on tech rally; investors eye Beijing talksUS stocks closed higher with S&P 500 and Nasdaq hitting fresh record highs, led by a tech rally after Nvidia got approval to sell H200 chip...
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