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Honda is joining the global race for electric vehicle (EV) dominance by announcing an investment of almost $40 billion to electrify its fleet of cars in the next decade. The Japanese automaker’s stock price was unchanged on the Tuesday announcement, ...

Crude futures have fallen nearly 3% after nearing $140 a barrel in early March and hitting $120 as recently as two weeks ago. Rather than skyrocket after Russia’s invasion of Ukraine, oil prices are falling. With Shanghai and other Chinese ...

The Federal Reserve's interest rate hikes should boost lending profits for major financial firms in the US. Blue chip banks, like JPMorgan Chase, Wells Fargo and Citigroup, are expected to report first-quarter earnings this week. Investors are hoping financial stocks ...

The Federal Reserve's interest rate hikes should boost lending profits for major financial firms in the US. Blue chip banks, like JPMorgan Chase, Wells Fargo and Citigroup, are expected to report first-quarter earnings this week. Investors are hoping financial stocks ...

Shell will write down as much as $5 billion following its decision to exit Russia, more than previously disclosed. After revealing post-tax impairments of between $4 billion and $5 billion, the company’s shares fell 1.2% in London trading this week. ...

Western countries are tapping more of their emergency oil reserves to help wean themselves off Russian crude. The International Energy Agency (IEA) said this week it would supply the oil market with 60 million additional barrels of crude from its ...

India has seen a surge in cryptocurrency trading since the start of the coronavirus pandemic. Driven by its 750 million Internet users, the country is growing into a hotbed for crypto investment. In 2021, India ranked second behind only Vietnam ...

Tesla opened its third assembly plant, on the outskirts of Berlin, Germany, and made the first deliveries of its Model Y sedan on Tuesday. With the carmaker's stock down 21% this year due to inflation, the ongoing pandemic, and rising ...

The global economy continued to give mixed signals as it battled with the fallout from Russia’s invasion of Ukraine and lingering high inflation. US stocks slipped Monday just as shares dropped in China, Hong Kong and South Korea. The S&P ...

Europe's stock markets consolidated strong gains made in Asia on Thursday, after the US Federal Reserve pressed ahead with its first interest rate rise in more than three years. The EuroSTOXX 600 was steady, 0.1% lower after an initial rise. ...

In a much-anticipated move, the US Federal Reserve raised interest rates for the first time since 2018. The American central bank is hoping that higher interest rates, in concert with reduced pandemic-era fiscal support, will help reduce inflation. The Fed ...

With Russia no longer a market that investors can enter since the invasion of Ukraine, other emerging economies have started to take on new appeal. Several major US index providers have removed Russian stocks from their indexes. Trading shares of ...

Yields in the global bond market spiked on Tuesday as investors braced for the inflationary impacts of the war in Ukraine, with central banks expected to begin aggressive monetary tightening moves. The yield on 10-year Australian notes jumped eight basis ...

Global wheat prices hit an all-time high last week. Wheat supplies from Russia and Ukraine, which together account for almost 30% of global wheat trade, are starting to dwindle. Another major looming problem is access to fertilizers. Global fertilizer company ...

Gold continues to play a key role in the global economy, first in the fight against inflation and now in Russia’s invasion of Ukraine. The metal fell by the biggest margin in seven months amid a large selloff in commodities ...