According to a Reuters report, Brazilian miner Vale SA’s vice president of iron ore solutions, Marcello Spinelli, said that China’s steel demand is declining, but...
RBA Holds Rates as Inflation Cools Down in Australia
Australia’s inflation rate slowed down more than anticipated in the month of July, reflecting global trends and strengthening the case for the Reserve Bank of...
Russia still has options to sustain its creaking war economy
Russia’s war in Ukraine has taken a heavy toll on its economy, which is facing unprecedented sanctions, currency collapse, inflation, and recession. But the Kremlin...
Costco’s China success defies retail slowdown
Costco, the U.S.-based wholesale retailer, has been expanding its presence in China amid a broad slowdown in the country’s consumer market. The company opened two...
Fed’s Job Openings Obsession Finally Ends, Says Bloomberg
According to a Bloomberg opinion article, the Federal Reserve’s fixation with the job openings data from the Job Openings and Labor Turnover Survey (JOLTS) is...
Oil Prices Surge After Unexpected Drop In U.S. Crude Stocks
Oil prices rose sharply on Tuesday after the American Petroleum Institute (API) reported a surprise crash in U.S. crude inventories, signaling a tightening supply-demand balance...
Pound Sterling rises as US yields fall and UK inflation expectations increase
The British pound (GBP) gained some ground against the US dollar (USD) on Tuesday, as the greenback weakened amid lower US Treasury yields and disappointing...
Natural Gas Price Rises for Fifth Day Despite US Dollar’s Bounce
Natural gas price (XNG/USD) extended its rally for the fifth consecutive day on Tuesday, reaching a two-week high of $2.82 amid strong demand and supply...
Unilever wins legal battle over Ben & Jerry’s boycott of Israeli settlements
A federal judge in New York has dismissed a lawsuit filed by a group of shareholders against Unilever, the parent company of Ben & Jerry’s,...
Samsung and Disney Collaborate to Launch a Limited-Edition TV
Samsung Electronics has announced the launch of a special edition of The Frame TV to celebrate Disney’s 100th anniversary. The Frame-Disney100 Edition is a limited-edition...
Voice assistants may not be reliable for CPR instructions, study finds
A new study published on Monday revealed that voice assistants like Google Assistant, Siri and Alexa may not be very helpful when it comes to...
Nintendo Switch Breaks Wii’s Record in US Market
Nintendo’s hybrid console, the Switch, has achieved a remarkable feat by surpassing the lifetime sales of the Wii in the US market. The Switch, which...
Thrive: Heavy Lies the Crown – A Medieval City-Building Game with a Twist
Thrive: Heavy Lies the Crown is an upcoming strategy game that combines city-building and real-time combat in a medieval fantasy setting. The game is developed...
Porsche Cayenne Turbo E-Hybrid: The Most Powerful Cayenne Ever
Porsche has just unveiled the 2024 Cayenne Turbo E-Hybrid, a plug-in hybrid SUV that combines a twin-turbo V8 engine with an electric motor to produce...
Google Pixel 8 to rival iPhone with five years of Android updates
Google is reportedly planning to match Apple’s software support for its upcoming Pixel 8 series, which will feature the company’s own Tensor chip. According to...
Saints Row Reboot Coming to PS Plus Essential in September
The PlayStation Plus Essential lineup for September 2023 has been leaked by a reliable source, and it includes the 2022 reboot of Saints Row. The...