Industrials

Baltimore Bridge Ship Crash Shuts Down Port, Disrupts Shipments: Will Consumer Goods Prices Surge?

The Baltimore Bridge collapse halted Port operations, disrupting supply chains. With thousands of jobs at risk, fears rose over consumer goods prices.


Canada Goose to Cut 17% of Corporate Workforce, Impacting 915 Employees Amid Retail Downturn

Canada Goose slashes 17% of global corporate staff, impacting 915 employees amidst declining luxury demand. CEO cites the need for optimization amid industry shifts...

Japan’s Nippon Steel Is Determined to Acquire US Steel Despite Joe Biden's Opposition

After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal...

Oil Prices Remain Nearly Unchanged as Market Ponders on Chinese Demand, North America Supply Rises

Oil prices remained relatively stable on Thursday, with Brent crude futures settling unchanged at $82.96 per barrel...


Latest News

Honeywell Drops Its Bid of United Technologies
After United Technologies refused its $90.7 billion offer, Honeywell announced on Tuesday to stop its effort in acquiring its rival company. United Technologies refused the offer because of regulatory
China's super regulator plan may merge banking, securities & insurance sectors
China is working on a new financial super-regulator mechanism to take care of banking, securities and insurance segments under one umbrella. Recent turmoil in the financial markets are driving the Chi
India's Budget Focuses on Rural Development
With the release of the yearly budget many are hopeful that their lives will change for the better especially for those who live in the rural areas. The allocated budget focuses mainly on the agrarian
Fortescue H1 profit slips amid poor commodity prices
Fortescue Metals reported a 4% decline in its first six-month net profit owing mainly to the fall in commodity prices. The company has declared an interim dividend of A$0.03 (fully franked).
BHP Billiton chases oil more closely than iron ore
Shares of BHP Billiton, a mining and petroleum firm in Melbourne, started chasing oil prices very closely as they entered into the horrible downturn period in the oil industry. Analysts expect the min
27th Large Diamond Mined in Angola Weighing 404 Carats, Worth $20 Million, Increasing The Company Share
The 27th largest diamond in the world was just discovered in Angola. The spectacular diamond has been estimated to worth $20 million Australia or $14.3 million USD. The diamond was found under an Aust
Reliance Infrastructure Ltd Sells Its Cement Business To Birla Corporation for Rs. 4,800 Crore
Reliance Infrastructure Ltd has sold Reliance Cement Company Pvt. Ltd to Birla Corporation for Rs. 4,800 crore. Anil Ambani's Reliance has made this decision to cut down the debts the company has accu
German Job Rate Increased Near EU Record Due to Female Workforce
Reports show that 73 percent women were joining the workforce in 2014, compared to 63 percent in 2005. The rise has also pulled the overall employment rates up for Germany at 78 percent. German's empl
Boeing 747-8 Jumbo jet, the new Presidential aircraft
The U.S. Air Force said Boeing would build the planes to replace the two outdated model of Boeing VC-25 airplanes used by the U.S President. Boeing was the sole bidder, and the initial $25.8 million c
Global Coffee Prices to be Affected Due to Drought and Extreme Weather in Brazil and Colombia.
Brazil, the world's number one coffee grower and exporter, has been hit by El Nino from last year, affecting the coffee crops and harvests. The weather has affected prices expectations and investors m
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