The recent violent riots in New Caledonia, a French territory, have led to an increase in the price of nickel. Nickel is a crucial metal in the transition away from fossil fuels and its price has been impacted by global conflicts affecting the market.
Goldman Sachs analysts see changes in oil market
Oil prices are known for their constant volatility. In the past year alone, the price of U.S. crude has experienced significant fluctuations, ranging from $67 to $94 per barrel.
Salesforce’s stock tumbles as earnings provide latest dose of software-sector pain
The software sector has been causing concern among investors this year, and the latest earnings report from Salesforce Inc. has only intensified these worries.
BlackRock’s $20 Billion ETF Is Now the World’s Largest Bitcoin Fund
BlackRock Inc.’s iShares Bitcoin Trust has surpassed the Grayscale Bitcoin Trust to become the largest fund for Bitcoin, accumulating nearly $20 billion in total assets since its US listing earlier this year. According to Bloomberg data
Homeowners face soaring insurance costs as violent storms wreak havoc
In response to the rising risk of powerful storms, insurance companies are raising the cost of homeowners coverage. This comes after a series of devastating storms that tore through five states during the Memorial Day weekend.
UAE president visits South Korea with defence and energy on agenda
The President of the United Arab Emirates, Sheikh Mohammed bin Zayed Al Nahyan, arrived in South Korea on Tuesday for his first state visit to the country.
Factbox-South Korea, China, Japan joint declaration after first summit in four years
Leaders of South Korea, China, and Japan came together for the first time in over four years to issue a joint declaration highlighting their cooperation in various areas. The declaration covers topics such as trade, climate change, and ageing societies.
Israeli tanks reach central Rafah as Gazans describe ‘horrifying’ strike
Palestinians searching through charred remains described a “horrifying” scene of people running to escape the blaze that swept through a tent camp in Rafah, as Israeli forces pushed deeper into the southern Gaza city Tuesday despite mounting global condemnation.