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Pernod Ricard, Remy, and other alcohol stocks fall as Trump threatens 200% tariff on European spirits
World News

Pernod Ricard, Remy, and other alcohol stocks fall as Trump threatens 200% tariff on European spirits

US President Donald Trump has reignited trade tensions with the European Union by threatening to impose a 200% tariff on wines, champagnes, and other alcoholic products from France and the wider EU. The move comes in retaliation to the bloc’s decision to impose a 50% tariff on American whiskey, further straining relations between the two […]

  • March 13, 2025 09:52 AM PDT
  • Invezz
US imposes new sanctions on Iran’s oil trade, shadow fleet; here are the details
Energy

US imposes new sanctions on Iran’s oil trade, shadow fleet; here are the details

The United States Treasury Department announced on Thursday that it has imposed sanctions on Iran’s oil minister, Mohsen Paknejad, as well as several Hong Kong-flagged vessels.  These vessels are reportedly part of a “shadow fleet” that facilitates the concealment of Iranian oil shipments, allowing Iran to circumvent international sanctions, according to a Reuters report. The […]

  • March 13, 2025 09:33 AM PDT
  • Invezz
Brazil’s CSN reports Q4 net loss of $15 million
Commodities

Brazil’s CSN reports Q4 net loss of $15 million

Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) recently posted a net loss of 85 million reais ($14.66 million) in the fourth quarter after substantial financial expenses. According to a Reuters report, core earnings and revenues in the Brazilian steel and mining company exceeded market expectations. Fourth quarter financial performance: a mixed picture CSN recorded a net […]

  • March 13, 2025 09:19 AM PDT
  • Invezz
Is the US headed for a self-inflicted recession? Here’s what the the public thinks
Economy

Is the US headed for a self-inflicted recession? Here’s what the the public thinks

Donald Trump built his presidency on promises of economic strength.  But as the markets tumble and businesses hesitate, the public is now worried that the US is heading for a recession.  But the answer isn’t simple, even if the warning signs are there. The markets have lost trillions, consumer confidence is sliding, and businesses are […]

  • March 13, 2025 09:10 AM PDT
  • Invezz
Linkers Industries Limited Announces Receipt of Nasdaq Minimum Bid Price Deficiency Letter
Market Updates

Linkers Industries Limited Announces Receipt of Nasdaq Minimum Bid Price Deficiency Letter

New York, March 13, 2025 (GLOBE NEWSWIRE) -- Linkers Industries Limited (Nasdaq: LNKS) (the “Company”), a manufacturer and a supplier of wire/cable harnesses with operation in Malaysia, today announce...

  • March 13, 2025 08:51 AM PDT
  • EODHD
Meta to Start Testing ‘Community Notes’ Fact-Checking Tool
Market Updates

Meta to Start Testing ‘Community Notes’ Fact-Checking Tool

Meta Platforms will start testing its new Community Notes fact-checking tool next week, part of a shift toward having users police content on its social media platforms themselves. Facebook, Instagram...

  • March 13, 2025 08:41 AM PDT
  • EODHD
Kiting – A Deceptive Financial Practice
Stock Market

Kiting – A Deceptive Financial Practice

Highlights,Banking Exploitation:,Kiting takes advantage of the delay in check processing between banks.,Check Fraud:,It involves illegally altering check values to inflate their worth.,Stock Manipulation:,In securities, kiting artificially boosts stock pr...

Killer Bees: The Defense Force Against Hostile Takeovers
Stock Market

Killer Bees: The Defense Force Against Hostile Takeovers

Highlights,Killer bees help companies defend against hostile takeover attempts.,They are usually investment bankers, lawyers, or consultants specializing in takeover defense.,Their strategies make the target company less attractive or harder to acquire.,W...