SINGAPORE/LONDON — China’s liquefied natural gas (LNG) importers will stay out of the spot market this winter as demand growth has skidded to the slowest since 2002, meaning the world’s top importer of the fuel will likely avoid competing with ...
WASHINGTON — The International Monetary Fund (IMF) backs moves by governments to tax companies’ excess profits, but believes such changes must be clearly communicated and cannot apply to already realized profits, the IMF’s top fiscal expert told Reuters. Vitor Gaspar, ...
Earnings season for the 3rd quarter has begun, with Pepsico (PEP) reporting earnings and sales results today that were above estimates despite recognizing a $1.4B charge related to its withdrawal from Russian markets. Even more important for investors is the ...
One of the most important first steps towards trading success is to tilt your trading towards trending sectors that display strength and avoid market weakness. A very helpful tool for understanding the underlying forces driving trends is Mish’s Modern Economic ...
High street giant Marks and Spencer is set to close 67 stores over the next five years as part of a major shake-up. The retailer said it is shutting some of its “lower productivity, full line stores”, but announced that ...
RMT leader tells MPs a change of atmosphere was needed to break the deadlocked row. The Government has been accused of prolonging the bitter rail dispute by refusing to give the industry enough funds to resolve the deadlocked row over ...
Members of the CWU union are embroiled in a long-running row, which is set to continue in the build up to Christmas. Postal workers will stage a fresh strike on Thursday in a long-running dispute over pay and conditions, with ...
New ONS figures reveal UK trade with the EU fell sharply again in August, even though it increased with the rest of the world. August’s Office for National Statistics (ONS) UK Trade figures reveal Brexit is still having a huge ...
The proportion of households struggling to make their mortgage payments is expected to increase to its pre-financial crisis peak by the end of next year, the Bank of England has warned. The Bank’s Financial Policy Committee (FPC) said households with ...
SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. We updated this chart from yesterday, where we said, “The blue numbers next to the candles ...