business news

Will Oil Prices Drop to $70? The Impact of Hormuz Strait Stability and Middle East Pipeline Alternatives

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Global oil prices could face significant downward pressure, potentially stabilizing near $70 per barrel, as market analysts evaluate the long-term impact of supply chain security and geopolitical shifts in the Middle East. While current market volatility remains linked to tensions in the Strait of Hormuz, projections from major financial institutions suggest that a de-escalation in … Read more

Global Oil Reserves Falling at Record Pace: IEA Warns of Price Spikes Amid Iran Conflict

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By Dr. Olivia Bennett | May 13, 2026 Global Oil Reserves Plunge at Record Pace as Iran War Disrupts Supply Chains The world’s oil reserves are being depleted at an unprecedented rate, with global stocks now running nearly a billion barrels below pre-war levels, according to the latest assessment from the International Energy Agency (IEA). … Read more

Evergrande’s Xu Jiayin’s Tsim Sha Tsui Property Approved for Price Cut to HK$2.75M Amid Debt Crisis

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Hong Kong’s property market is once again at the center of attention as a court has approved the reduction of the asking price for a luxury apartment previously owned by Evergrande founder Hui Ka Yan. The property, located in Kowloon’s Tsim Sha Tsui district, will now be offered for sale at HK$2.75 million (approximately US$352,000), … Read more

Pokémon Winds & Waves: New Open-World Games Coming to Nintendo Switch 2 in 2027

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The Pokémon franchise, a cornerstone of the video game industry for over three decades, is embarking on a new chapter. The Pokémon Company announced today the development of two new titles, Pokémon Winds and Pokémon Waves, slated for release on the Nintendo Switch 2 in 2027. This reveal coincides with the 30th anniversary of the … Read more

LatAm Currencies Defy Dollar Strength & Volatility in February

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2026-02-27 11:06:00 Bloomberg Línea — Las monedas de Latinoamérica se mantuvieron en terreno positivo en febrero a pesar del repunte global experimentado por el dólar, la volatilidad que predominó en los metales y el regreso de la incertidumbre por cuenta de los aranceles globales del presidente Donald Trump. En lo corrido de febrero, el comportamiento … Read more

Amazon’s Capex Surge and AI Valuation Concerns Weigh on Investors

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2026-02-06 17:47:00 People walk by the exhibit for Amazon Web Services (AWS) at National Retail Federation (NRF) 2026: Retail’s Big Show, in New York City, U.S., Jan. 12, 2026. Kylie Cooper | Reuters Amazon is following in the footsteps of fellow tech giant Microsoft, and not in a good way. Shares of the e-commerce and … Read more

Premarket Movers: PLTR, MRK, PFE and Top Stocks to Watch

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market movers: Stocks Making Headlines Before the bell – February 3, 2026 New York, NY – As the trading day begins, several companies are experiencing significant pre-market movement following earnings reports and outlook revisions. Here’s a breakdown of the key players grabbing investor attention: Palantir Technologies (PLTR) is leading the charge, surging over 11% in … Read more