World price

Subscribe to the New Economy Daily newsletter, follow us @economy and subscribe to our Podcast. China’s robust economic momentum appears to have continued into the second quarter as its factory-led recovery spread to the consumer – while strengthening inflationary pressures. Industrial production likely rose 10% in April from a year earlier, while retail sales rose …

The most important reason why not everyone immediately buys an electric vehicle is the price. There are other reasons like inadequate charging infrastructure, but price is usually the problem most people cite. This is a valid concern, when an electric car still costs £ 5-10,000 ($ 7-14,000) more than an internal combustion equivalent. But this …

There is a construction boom around the world as governments seek to extricate themselves from the economic hardships of the pandemic. Key points: Iron ore and lumber futures hit record highs this week Australian timber supplies are very low and imports are declining Federal government’s HomeBuilder program reportedly exerts ‘extreme pressures’ on building materials It …

The Chinese flag is reflected in a drop on a syringe needle in this illustration taken on November 9, 2020. REUTERS / Dado Ruvic / Illustration Chinese biotech company Kintor Pharmaceutical Limited (9939.HK) saw its share price rise more than 20% the day after announcing on April 25 that it had “completed the first enrollment …

A worker rides a bicycle in a container area at a port in Tokyo, Japan, January 25, 2016. REUTERS / Toru Hanai Japanese exports likely rose more than 30% year-over-year in April, the strongest in more than a decade, a Reuters poll showed on Friday, but the base effect was a major factor after the …

A majority of BP shareholders voted against a resolution tabled by Dutch activist investor group Follow This demanding that the supermajor increase its emission reduction commitments. About 80% voted against the resolution. Follow This and others noted, however, that the 20.7% who voted in favor of the new goals was double the support that a …

Majeda El-Batsh and Guillaume Lavallee (AFP) Lod, Israel ● Thu 13 May 2021 05/13/2021 4:55 p.m. 0 9a83ea3b2805adb41e1c26538e9bea37 2 World Israel-annexation, Palestine-Israel talks, conflict, Islam, Judaism, Jews Release For years Jews and Arabs have lived together in the central Israeli city of Lod. This week it all fell apart, leaving a man dead, a synagogue …

The CEO of Cenovus Energy Inc. is optimistic that his oil and gas company’s second consecutive annual online webcast from shareholders on Wednesday will be the last. Alex Pourbaix says the global deployment of vaccines to counter the COVID-19 pandemic gives him hope that next year’s meeting will be held in person, with the possible …

TipRanks 2 “Strong Buy” shares with a dividend yield of at least 7% Are we seeing signs of danger in the markets? At first glance, this does not appear to be the case. The S&P 500 is just below its all-time high, as is the Dow Jones average. The big tech giants – Amazon, Apple, …

The American Petroleum Institute (API) on Tuesday reported a drop in crude oil inventories of 2.533 million barrels for the week ending May 7. Analysts predicted a draw 2.817 million barrels for the week. In the previous week, API reported a massive 7.688 million barrel oil inventory draw after analysts predicted a 2.346 million barrels …