A renewed wave of spending from Chinese consumers, coupled with steady demand in the US, is breathing life back into the global luxury sector.After a challenging year marked…
The global market for raw sugar is currently experiencing a significant downturn, with prices plummeting to levels not seen in half a decade. Last week, the price of raw…
Merck & Co. has agreed to acquire biotechnology firm Cidara Therapeutics in a $9.2 billion deal, accelerating efforts to broaden its respiratory portfolio as it prepares for the…
Applied Materials’ shares fell sharply in premarket trading on Friday, dropping more than 7%, after the chip equipment maker warned that stricter US export controls would curb spending…
US stocks fell sharply Friday as renewed selling in technology names weighed on broader markets, extending a volatile week marked by concerns over artificial intelligence spending, shifting interest…
Canadian pipeline operator Enbridge is greenlighting a C$1.8 billion ($1.4 billion) expansion of its Mainline and Flanagan South pipelines, allowing even more heavy crude to flow from Canada into…
Investors are pushing Argentina to relax its foreign-exchange regime, contending that a more flexible peso would be a big help in reigniting reserves and maintaining foreign investment. According to…
Gold prices slumped more than 3% on Friday as a December interest rate cut by the US Federal Reserve looks less likely. Silver prices on COMEX plunged over 5%,…
Robinhood Markets Inc (NASDAQ: HOOD) is slipping this morning amidst a broader sell-off in the crypto market that’s even pushed Bitcoin below the $95,000 level.However, this pullback will…