Banking FeaturedSVB crash: More banks to fail despite Joe Biden government intervention, says Bill AckmanIFM CorrespondentMarch 16, 2023March 17, 2023 by IFM CorrespondentMarch 16, 2023March 17, 2023 Bill Ackman slammed the Joe Biden government's response while predicting an economic disaster to occur... Read more
Featured TransportJoe Biden government’s EV charger rule forces Tesla to change key policyIFM CorrespondentMarch 7, 2023 by IFM CorrespondentMarch 7, 2023 Tesla has now agreed to open to the public at least 7,500 chargers on its proprietary network... Read more
Featured Oil & GasUS inventory jump, rate hike worries bring negative volatility in oil sectorIFM CorrespondentFebruary 21, 2023 by IFM CorrespondentFebruary 21, 2023 Russian Deputy PM Alexander Novak announced that the country plans to cut its oil production by 500,000 barrels per day in March 2023... Read more
Featured TransportTesla adjusts electric vehicle prices again amid share gainsIFM CorrespondentFebruary 16, 2023 by IFM CorrespondentFebruary 16, 2023 Tesla's shares extended their breakneck rally in February 2023 to double from the lows touched in early January... Read more
Aviation FeaturedAviation industry’s climate goals may harm passengersWebAdminDecember 20, 2022 by WebAdminDecember 20, 2022 The aviation industry is regarded as one of the hardest to decarbonize because the fuel used for flights cannot be easily substituted by other forms of energy... Read more
Economy FeaturedUS’ inflation fight going nowhereWebAdminDecember 9, 2022 by WebAdminDecember 9, 2022 For those having loans from private banks, variable interest rates amid inflation will make the repayment tougher... Read more
Economy FeaturedUS bans tech firms from building facilities in ChinaWebAdminOctober 4, 2022 by WebAdminOctober 4, 2022 The US and China are embroiled in a protracted trade and technological conflict... Read more
Featured Oil & GasSaudi Aramco makes huge profit amid Ukraine-Russia warIFM CorrespondentAugust 22, 2022 by IFM CorrespondentAugust 22, 2022 The amount from the Saudi oil firm Aramco is the biggest quarterly adjusted profit of any listed company.... Read more
Featured Oil & GasUS imposes fresh sanctions: More trouble for Chinese, UAE firmsIFM CorrespondentAugust 11, 2022August 10, 2022 by IFM CorrespondentAugust 11, 2022August 10, 2022 The United States imposed penalties on companies from Singapore, Hong Kong, and the UAE, as per the Treasury website.... Read more
Economy FeaturedTakeaways from Joe Biden’s first trip to Middle EastIFM CorrespondentJuly 21, 2022 by IFM CorrespondentJuly 21, 2022 OPEC+ decided last month to increase output targets by 648,000 barrels per day in August.... Read more