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HomeFinance

Finance

Chinese
Finance

Europe faces Chinese cheap car ‘invasion’, Vauxhall owner warns

July 28, 2023 Mariel Alumit

Vauxhall owner Stellantis has warned of a coming “invasion” of cheap Chinese cars as it pressures its suppliers to cut costs to compete. The firm, which also owns Peugeot, Fiat and Jeep, will also use its […]

Shell
Earnings

Shell’s profits tumble 56% to $5 billion as energy prices cool

July 27, 2023 Mariel Alumit

LONDON, July 27 (Reuters) – Shell (SHEL.L) on Thursday reported a 56% fall in second-quarter profit to $5 billion as oil and gas prices and refining profit margins fell, prompting the energy giant to slow its share […]

Finance

These Are The World’s Most Valuable Brands In 2023

July 27, 2023 Mariel Alumit

Brand value can be a critical part of any company’s intangible assets. These kind of non-physical assets, such as patents and brand names, are having an increasing influence on a company’s overall value. A 2020 […]

Crypto

WorldCoin May Face UK Data Regulators Inquiry Days After Launch: Report

July 27, 2023 Mariel Alumit

Authored by Prahsnat Jha via CoinTelegraph.com, The project has faced criticism from within the fintech world over its dystopian features and privacy concerns…   The newly launched controversial crypto and ID project Worldcoin could face […]

BRICS

Escobar: BRICS Problems, BRI Solutions

July 26, 2023 Mariel Alumit

Authored by Pepe Escobar via The Cradle, While the five original BRICS states have their geopolitical differences, they are finding enormous common ground on the geoeconomic front as trade volumes surge and trade routes multiply… […]

BRICS

“It’s A Way To Destroy The Dollar” Jim Rickards Warns Of Supply Chain Fragility and BRICS Currency Plan

July 25, 2023 Mariel Alumit

Via Greg Hunter’s USAWatchdog.com, Seven-time, best-selling financial author James Rickards predicted in his most recent best-seller called “Sold Out” why broken supply chains would cause big inflation.   He was right, and he still contends, […]

Finance

Have We Been Looking At The Wrong Yield Curve?

July 25, 2023 Mariel Alumit

Authored by Simon White, Bloomberg macro strategist, The nominal yield curve is the predominant focus of attention, but in an inflationary environment the real yield curve is key to understanding the market and the current […]

Crypto

Banks Bid, Bonds and Bitcoin Battered As Stagflation Scare Soars

July 24, 2023 Mariel Alumit

Ahead of a week full of potential headline-bombs (FOMC, Q2 GDP, PCE…), the day started off – from a macro perspective – to the downside with EU PMIs an utter disaster (growth plunging but inflation […]

Biden
Electric Vehicles

What Hunter Biden’s emails reveal about his investment in now-defunct Fisker Automotive

July 24, 2023 Mariel Alumit

Editor’s note: Hunter Biden is scheduled to appear in federal court Wednesday in Delaware. It is the latest of at least three years of controversy surrounding the son of the president and his businesses, much […]

Finance

China’s state planner unveils steps to boost private investment

July 24, 2023 Mariel Alumit

China’s state planner has unveiled measures to spur private investment in infrastructure and strengthen financing for private projects. The latest announcement on Monday comes after China last week released guidelines aimed at making the private […]

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