Business news

Shell Q1 profit falls 28% but tops analyst expectations

Shell PLC disclosed on Friday that its net profit for the first quarter experienced a substantial 28% year-over-year decrease, settling at $5.58 billi...

De minimis gone: how a little rule change is likely to upend US-Chin...

The Trump administration on Friday formally closed a trade loophole that had allowed a flood of inexpensive goods from China to enter the United State...

Gold prices could hit $4,000 by 2025: Bybit & FXStreet report

Bybit and FXStreet have released a new joint report predicting that gold could climb to $4,000 per ounce by the end of 2025, citing a powerful combina...

Hershey Q1 results beat expectations despite sales dip, salty snacks...

Hershey reported a less severe decline in sales than anticipated for the first quarter, alongside exceeding profit expectations, according to a Thursd...

Alcoa sees strong order book but faces uncertainty amid tariffs, pow...

Alcoa reported on Thursday that its second-quarter order book remains strong and has not yet been affected by US tariffs. The aluminium producer also...

Gold slips to two-week low as safe-haven appeal fades; can prices re...

Gold prices remained vulnerable to further downside on Thursday as prospects of a trade deal between the US and its trading partners wiped the sheen o...

Why oil prices may face an uphill battle despite market support

Oil prices were slightly lower on Thursday after sharp losses in the previous session due to prospects of higher supply and a slowing US economy.&#160...

The Big Picture Webcast Spotlights Mortgage Industry Power Players I...

CLEVELAND, Ohio, April 28, 2025 (SEND2PRESS NEWSWIRE) -- Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, an...

Oil prices rebound: what’s driving the rally and what comes next for...

Oil prices have bounced back, climbing over 3% in just a few days. Crude oil has climbed to $80 early on in 2025, before falling 25% down to below $60...

BP shares rise after Elliott reveals 5% stake: here’s what it plans...

BP shares climbed by more than 5% on Wednesday after hedge fund Elliott Management revealed a 5.006% stake in the British oil major. The stock was up...

Germany to phase out power payments, saving consumers €1.5B

Germany’s Bundesnetzagentur, the regulatory body overseeing the country’s energy grid, has announced a proposal aimed at providing financi...

XRP price prediction: How high would it go if most US banks integrat...

XRP price has slowly moved above a crucial resistance level this week, raising optimism that it will maintain its momentum. Ripple surged to a high of...

JPMorgan sees gold topping $4,000 by Q2 2026 on rising trade tension...

In a note released recently, JPMorgan has predicted that the price of gold could surpass $4,000 per ounce in the coming year. This forecast is based o...

Pi Network price has crashed: 5 reasons not to short Pi Coin

Pi Network price has collapsed after peaking at $3 in February shortly after its mainnet launch. The Pi coin token has crashed to the current $0.65, d...

Here’s why DeepBook, Dogecoin, Shiba Inu, Cardano, and altcoins are...

The crypto market was a sea of green as Bitcoin and most altcoins continued their recent recovery. The market capitalization of all cryptocurrencies s...

Here’s why Algorand price could rise as its key data deteriorate

The Algorand price has crawled back in the past few days, mirroring the performance of other altcoins. ALGO token was trading at $0.213 on Wednesday,...

Polkadot price prediction: top reasons DOT will surge soon

Polkadot price has bounced back in the past few days as the crypto market has improved. After bottoming at $3.24 earlier this month, the token has jum...

Japan’s crude oil imports in structural decline, dependence on Middl...

Japan’s crude imports are in structural decline. The country is increasingly dependent on Saudi Arabia and the UAE, according to Vortexa. The de...

Russian wheat exports plummet for fourth straight month on lower pro...

SovEcon, a leading agricultural consultancy, estimates that Russia will export 2.0 million metric tons of wheat in April.  This figure represents...

US market confidence is cracking: what are the real risks behind the...

The financial markets are belief systems. They believe in earnings, in productivity, in institutions. When those beliefs hold, valuations stretch upwa...