According to Australia’s automotive association, sales of electric cars (EVs) reached a record high in 2023; yet, sales of light vehicles continued to be primarily driven by trucks and SUVs with high emissions. According to figures released on Thursday by… Read More ›
Over the next two years, copper prices are expected to rise by more than 75% due to disruptions in the mining supply and increased demand for the metal brought on by the push for renewable energy sources. Copper prices will… Read More ›
According to tanker monitoring data, U.S. liquefied natural gas shipments reached monthly and yearly record highs in December. Analysts believe this puts the country in a strong position to overtake Australia and Qatar as the world’s top LNG exporter by… Read More ›
The weight-loss medication Wegovy and the popular diabetic medication Ozempic from Novo Nordisk are being researched to discover if they have any additional health benefits. The active component in both treatments is semaglutide, which belongs to a class of medications… Read More ›
A private-sector survey released on Tuesday revealed that while China’s factory activity increased more quickly in December due to higher output improvements and new orders, business confidence for 2024 remained low. At the end of 2023, the Caixin/S&P Global Manufacturing… Read More ›
According to corporate records, a seasoned software executive from Silicon Valley took the lead last year at a startup in his home China. The business disclosed to prospective investors that it would market software for designing microchips, which is mostly… Read More ›
After a terrible 2022, tech stocks recovered, helping the Nasdaq experience one of its best years in the previous 20 years. The tech-heavy Nasdaq ended 2023 up 43%, its best year since 2020, which was marginally higher, following last year’s… Read More ›
December had the greatest pace of expansion in Russia’s manufacturing sector in about seven years, according to a business survey released on Friday. Despite this, new export orders fell for the second consecutive month. The S&P Global Purchasing Managers’ Index (PMI)… Read More ›
Asia’s top-performing market in 2023 was Japan, as the Nikkei 225 surged 28% to reach levels not seen since 1989. At the close of 1989, the Nikkei reached all-time highs thanks to a bubble in equities and real estate. And… Read More ›
A Reuters poll conducted on Friday indicated that international oil prices are expected to remain around $80 per barrel in 2024, with analysts predicting that weak global growth would limit demand and geopolitical concerns might give support. Analysts questioned if… Read More ›
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