The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Huges said in a Friday report. The total number of operational rigs fell by two, settling at 547 in the week to October 10, according to the report.
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The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Huges said in a Friday report. The total number of operational rigs fell by two, settling at 547 in the week to October 10, according to the report.
4KSovEcon, a leading agricultural analytics agency, has scaled up its projection for Russia’s 2025 wheat harvest. The revised forecast now stands at 87.8 million metric tons (MMT), a notable rise from its previous estimate of 87.2 MMT. This upward adjustment is primarily attributed to unprecedented and record-breaking yields observed across the Siberian region. Favourable growing
SovEcon, a leading agricultural analytics agency, has scaled up its projection for Russia’s 2025 wheat harvest. The revised forecast now stands at 87.8 million metric tons (MMT), a notable rise from its previous estimate of 87.2 MMT. This upward adjustment is primarily attributed to unprecedented and record-breaking yields observed across the Siberian region. Favourable growing
2.8KUS President Donald Trump announced on Friday sweeping new tariffs on China, declaring an additional 100% tariff on all Chinese goods and tighter controls on exports of critical US software, effective November 1, 2025. Trump says the move is a direct response to what he called China’s “extraordinarily aggressive” trade tactics, especially Beijing’s new plans
US President Donald Trump announced on Friday sweeping new tariffs on China, declaring an additional 100% tariff on all Chinese goods and tighter controls on exports of critical US software, effective November 1, 2025. Trump says the move is a direct response to what he called China’s “extraordinarily aggressive” trade tactics, especially Beijing’s new plans
2.4KUS stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on rare earth metals. The metals are critical for both the tech and defense industries, and the remarks immediately triggered a broad market sell-off, erasing early
US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on rare earth metals. The metals are critical for both the tech and defense industries, and the remarks immediately triggered a broad market sell-off, erasing early
1.1KWall Street is looking at a volatile week ahead as US President Donald Trump’s latest tariffs on China is expected to increase the uncertainties among investors. The ongoing government shutdown is already testing the nerves of the market, and adding geopolitical tensions to that will work as a perfect recipe for a storm. Q3 earnings
Wall Street is looking at a volatile week ahead as US President Donald Trump’s latest tariffs on China is expected to increase the uncertainties among investors. The ongoing government shutdown is already testing the nerves of the market, and adding geopolitical tensions to that will work as a perfect recipe for a storm. Q3 earnings
4.9KQualcomm CEO Cristiano Amon met with Indian Prime Minister Narendra Modi on Saturday, as the Asian country looks to ride the wave of the global AI boom. The meeting, which came on the sidelines of India Mobile Congress 2025, came as the Indian administration is looking for more partners in the chipmaking world and to
Qualcomm CEO Cristiano Amon met with Indian Prime Minister Narendra Modi on Saturday, as the Asian country looks to ride the wave of the global AI boom. The meeting, which came on the sidelines of India Mobile Congress 2025, came as the Indian administration is looking for more partners in the chipmaking world and to
3KUS homebuilder stocks remain in focus after an Evercore ISI analyst, Stephen Kim, downgraded six of them, citing near-term headwinds despite the sector posting robust profitability and capital returns. According to him, the policy shifts could hurt valuations. “It’s unfortunate for the homebuilders,” he told CNBC, pointing to government efforts that may inadvertently pressure sector
US homebuilder stocks remain in focus after an Evercore ISI analyst, Stephen Kim, downgraded six of them, citing near-term headwinds despite the sector posting robust profitability and capital returns. According to him, the policy shifts could hurt valuations. “It’s unfortunate for the homebuilders,” he told CNBC, pointing to government efforts that may inadvertently pressure sector
3.5KFrom a new US-China trade flare-up to an unexpected Nobel twist, this week was packed with major global headlines. President Trump slapped a 100% tariff on Chinese imports, Venezuela’s María Corina Machado won the 2025 Nobel Peace Prize, Israel and Hamas agreed to a fragile ceasefire, AMD partnered with OpenAI, and the UK-India relationship got
From a new US-China trade flare-up to an unexpected Nobel twist, this week was packed with major global headlines. President Trump slapped a 100% tariff on Chinese imports, Venezuela’s María Corina Machado won the 2025 Nobel Peace Prize, Israel and Hamas agreed to a fragile ceasefire, AMD partnered with OpenAI, and the UK-India relationship got
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China’s decision to blacklist Canadian semiconductor research firm TechInsights has stirred fresh concerns about the opacity of its technology ecosystem. The move, which restricts Chinese entities from sharing information with the company, comes amid a widening global battle for semiconductor self-sufficiency, data control, and national security. The ban was announced by China’s Commerce Ministry on
China’s decision to blacklist Canadian semiconductor research firm TechInsights has stirred fresh concerns about the opacity of its technology ecosystem. The move, which restricts Chinese entities from sharing information with the company, comes amid a widening global battle for semiconductor self-sufficiency, data control, and national security. The ban was announced by China’s Commerce Ministry on
2KTata Consultancy Services (TCS), India’s largest private-sector employer, has made its deepest job cuts ever as the country’s $280 billion IT services industry braces for disruption from artificial intelligence and geopolitical headwinds. The company’s workforce fell below 600,000 for the first time since 2022 after it shed 19,755 employees in the quarter ended 30 September
Tata Consultancy Services (TCS), India’s largest private-sector employer, has made its deepest job cuts ever as the country’s $280 billion IT services industry braces for disruption from artificial intelligence and geopolitical headwinds. The company’s workforce fell below 600,000 for the first time since 2022 after it shed 19,755 employees in the quarter ended 30 September
