Business news

Adidas vs. Puma: how a sibling split in a small German town gave birth to a longstanding rivalry

When Puma announced on Thursday that former Adidas sales chief Arthur Hoeld would become its new CEO, replacing Arne Freundt over “differing views on strategy execution,” it wasn’t just a routine leadership shake-up. The move added another chapter to...

Lower oil prices cloud US output as OPEC surprises with May production hike

The plunge in oil prices on Friday presented a different layer of complexity for the Organization of the Petroleum Exporting Countries and allies.  In a surprising move on Thursday, the cartel decided to raise crude oil production by 411,000 bar...

Pandora stock plunges as Trump tariffs on Thailand deliver bitter surprise

Pandora A/S (CPH: PNDORA) has lost more than 15% in recent sessions after the US President Donald Trump announced new tariffs on Thailand that were well above the company’s expectations. Thailand is where Pandora currently makes most of its luxury je...

Oil prices sink to over 4-year low on tariffs concerns; OPEC+ in a pickle?

Oil prices fell to their lowest levels in over four years on Friday after China imposed retaliatory tariffs in response to US trade measures earlier in the week. In a significant escalation of the ongoing trade war, China has announced its decision t...

Ivanhoe Mines to Issue Q1 Production Results on April 7, 2025

Toronto, Ontario--(Newsfile Corp. - April 4, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will release its first quarter 2025 production results for the Kamo...

Analysis: What does OPEC’s supply increase means for oil prices?

The surprising decision of the Organization of the Petroleum Exporting Countries and allies to increase oil production by a hefty amount for May leaves the market better supplied over April-June.  However, there is still uncertainty around this....

AT&T stock price is soaring: is it a good dividend company?

AT&T stock price continues to fire on all cylinders and is now sitting at a record high as its turnaround efforts continues. It has jumped in the last four consecutive weeks, meaning that it has surged by 75% in the last 12 months. This surge mea...

Short XAUCHF: bearish breakout below rising channel, strong CHF demand and hawkish fed weigh on gold

Top crypto price predictions: DigiByte, Cosmos ATOM, Pi Network

Crypto prices remained on edge on Friday as the market came to terms with Donald Trump’s trade war and its implications. Bitcoin bounced back above $84,000, while other popular tokens like Ethereum, Ripple, and Solana crawled back. This article looks...

Trump tariffs trigger $208 billion bloodbath among the world’s richest in a single day

A sweeping package of trade tariffs announced by US President Donald Trump triggered a brutal sell-off across global markets on Thursday, wiping out $208 billion from the fortunes of the world’s 500 richest individuals. The shock drop marks the fourt...

BP chairman Helge Lund out as green energy strategy collapses

The chairman of BP, Helge Lund, is set to step down, marking the end of an era defined by the company’s ambitious but ultimately unsuccessful foray into green energy. The oil giant announced on Friday that Lund would be relinquishing his role &...

TJX and ROST: off-price retailers set to gain from Trump tariffs

President Trump sent global financial markets tumbling down this week as he announced steep new tariffs on a whole bunch of countries, including a 34% duty on China and 20% on the EU. Amidst the chaos, there are two US based retailers that actually s...

Is First Merchants Losing Its Luster in the Market?

Highlights,Raymond James revises its valuation outlook for First Merchants.,The firm operates in the regional banking and financial services sector.,Recent adjustments reflect broader market shifts affecting the firm.,First Merchants (NASDAQ:FRME) is...

Is Dominos Pizza Losing Its Sizzle in Sales?

Highlights,Stephens maintains its valuation stance on Dominos Pizza.,The company is a leading brand in the quick-service restaurant sector.,Market factors have contributed to a reassessment of share performance.,Dominos Pizza (NASDAQ:DPZ) operates wi...

Goldman Sachs lowers oil price outlook on supply glut and recession concerns

Goldman Sachs has revised its forecast for Brent crude oil’s average price for the year, lowering it by 5.5% to $69 per barrel.  Similarly, the forecast for West Texas Intermediate crude oil prices has been reduced by 4.3% to $66 per barre...

Top 3 Nasdaq 100 stocks rising as it moves into a correction

The Nasdaq 100 Index has slumped into a technical correction this year, falling by over 16% from its highest level in January. It has crashed to a low of $18,520, its lowest level since August 9 of last year.  The tech-heavy index has crashed as...

Dow Jones to rise as fear and greed index slips: needs to hit $38,900 first

The Dow Jones Industrial Average (DJI) has plummeted this week as the US economic risks jumped following Donald Trump’s Liberation Day speech. It plunged to a low of $40,545 on Thursday, its lowest level since September 11. It has crashed by 10% from...

Dressed for disaster? The harsh impact of Trump’s tariffs on the fashion industry

The global fashion industry is grappling with the fallout from President Donald Trump’s announcement of sweeping new tariffs, the most comprehensive trade restrictions seen in nearly a century. The move, which targets some of the largest appare...

Top 3 reasons S&P 500 index ETFs like SPY and VOO will rebound

The S&P 500 index crashed by almost 5% on Thursday as the market reacted to Donald Trump’s tariffs on imported goods. It plunged to a low of $5,400, its lowest level since August last year and 12% below its highest level this year, meaning that i...

IAMGOLD Files Technical Report for The Nelligan Gold Project

Toronto, Ontario--(Newsfile Corp. - April 3, 2025) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") announces that the Company has file...