Exxon and Chevron dive deep into oil amid clean energy surge
Despite the worldwide momentum toward clean energy, two of America’s oil giants have recently placed significant bets on fossil fuels. Both Exxon Mobil and …
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Tech stocks feel the heat from soaring Treasury yields
On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable…
U.S. addresses energy inefficiencies, revealing a remarkable $18.5…
The latest report from the U.S. Department of Energy (DOE) highlighted the tremendous strides made by the Better Buildings Initiative, revealing a collective…
NMDC showcases impressive AED1.513 billion net profits in nine months of…
The National Marine Dredging Company (NMDC) is riding high on financial success. The prominent player in the dredging sector recorded a significant uptick in…
Merck and Daiichi Sankyo forge $5.5 billion cancer drug alliance
Merck, a global pharmaceutical giant, has inked a partnership with Japanese firm Daiichi Sankyo, valuing at $5.5 billion, to co-develop three advanced…
Solaredge’s warning sends solar stocks spiraling downward
Solar stocks took a significant hit on Friday as Solaredge, a prominent solar product manufacturer, indicated a sharp decline in European demand. This warning…
Tesla stock faces setback after Elon Musk’s contentious conference call
After releasing its Q3 financial results, Tesla’s stock took a significant hit, plummeting by nearly 10%. While the Q3 results did not meet market expectations,…
LVMH experiences a sharp sales slowdown as shares plummet
Luxury giant LVMH witnessed a dramatic plunge in its shares, falling by as much as 8% on Wednesday. This substantial dip came in the wake of the company’s…
Economic headwinds push Samsung’s Q3 profits down by 78 percent
Amidst a challenging global economic environment, Samsung, the South Korean tech juggernaut, anticipates a sharp 78% decline in its operating profit for the…
China’s slowdown prominent as global economy loses $3.7 trillion, notes…
Amid concerns about the state of the world economy, Kristalina Georgieva, the head of the International Monetary Fund (IMF), painted a picture of weak yet…