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HomeFinance

Finance

Trump
Finance

Trump’s Threat to Revoke China’s Trade Status, Explained

December 5, 2024 Mariel Alumit

The move could deal a significant blow to U.S.-China trade relations and unleash a deluge of new tariffs. U.S. President-elect Donald Trump has made it clear that trade is at the top of his agenda […]

China
Electric Vehicles

China automakers pivot to hybrids for Europe to counter EV tariffs

December 5, 2024 Mariel Alumit

  Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme. The bloc’s latest […]

Crescent Energy
Finance

Crescent Energy Announces Accretive Central Eagle Ford Bolt-On

December 4, 2024 Mariel Alumit

HOUSTON, Dec. 03 /BusinessWire/ — Crescent Energy Company (NYSE:CRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million […]

New-Vehicle Sales
Finance

Cut the Price and They Will Come: New-Vehicle Sales Jump amid Big Discounts and Incentives, as Inventory Balloons

December 4, 2024 Andy Del Prado

But prices are still way too high, and automakers are not cutting them nearly enough. By Wolf Richter for WOLF STREET. Total new-vehicle sales in November – retail and fleet deliveries by dealers and automakers to end-users – […]

Europe
Electric Vehicles

Car giant Stellantis urged to put Italy’s interests first amid crisis

December 4, 2024 Mariel Alumit

  The Capitals brings you the latest news from across Europe, through on-the-ground reporting by Euractiv’s media network. You can subscribe to the newsletter here. The European news you deserve to read. Welcome to The […]

Price
Finance

Underlying Job Market Dynamics Begin to Retighten. The Fed Is Already Backpedaling on the Pace and Depth of Rate Cuts

December 3, 2024

Job openings and voluntary quits jumped by the most in over a year, layoffs and discharges plunged.

STX Group
Biofuel

Trading house STX Group buys Marine Olie for biofuels business growth

December 3, 2024 Mariel Alumit

STX Group Dutch environmental commodity trader STX Group has acquired compatriot trader of waste-based advanced feedstocks Marine Olie for an undisclosed sum. The Amsterdam-based firm said the move would bolster its position in the biofuels […]

US
Finance

Beijing vows to protect itself from US economic ‘bullying’

December 3, 2024 Mariel Alumit

Washington has restricted the export of a broad range of chipmaking tools and software to China China’s Ministry of Commerce has vowed to take “necessary measures” to safeguard its interests after the US imposed sweeping […]

Downstream

US Has Natty Gas for days!

December 2, 2024 Andy Del Prado

Daily Standup Top Stories Traders Become More Bullish on European Diesel as Winter Arrives December 2, 2024 Mariel Alumit Hedge funds and portfolio managers are reducing their short positions on European diesel futures. Rising natural gas […]

Price
Finance

Factory Construction Spending Soars to New Record, +16% YoY, +242% since 2019: Result of Corporate & Strategic Rethink

December 2, 2024

Trump’s tariffs — a tax on profit margins of US & foreign companies — will push in the same direction as Biden’s taxpayer-and-debt-funded incentives.

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