Bank of America analysts are warning clients in a note that a pattern indicative of bearish behavior is forming in the S&P 500, and it could mean significant downside risk is ahead. Called a “Head […]
According to a new report in Bloomberg, Russian mining company Alrosa has managed to return its exports to pre-sanctions levels. The report noted the company is now selling $250 million in diamonds per month. That […]
First Solar (FSLR) announced it will invest $1.2 billion into manufacturing facilities in the US, now that the Inflation Reduction Act (IRA) has passed. Already the largest US-based solar manufacturer, $1 billion of that investment […]
Low cost airline CEO Michael O’Leary told reporters he expects to see his airline, Ryanair, cruise through a recession as customers trade down from his more expensive rivals to ease the strain on their pocketbooks. […]
The former longtime Chairman of Morgan Stanley Asia, Stephen Roach has said that the negative economic growth which the United States has endured in the first half of the year will likely continue, and that […]
According to a new report in Bloomberg, Goldman Sachs analysts are telling clients that British inflation could jump above 22% if gas prices continue to rise. According to the report, economists with the bank are […]
By Vijay Jayaraj With ice coverage for July and August remaining above the 10-year average of 2010-20, the extent of summer sea ice in the Arctic has surprised experts who once predicted that such […]
August 31, 2022 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) Ethane production has been increasing in the United States for the past five years, and it reached a monthly record […]
Californians may need to take measures to conserve energy, including by avoiding charging electric vehicles, to prevent strain to the state’s power grid over the Labor Day weekend, officials said—a week after state regulators voted on […]
One month ago, we were surprised to read how, despite a suppressed appetite for energy amid its housing crash and economic downturn (for which “zero covid” has emerged as a convenient scapegoat for emperor Xi), China […]
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