World
Oil prices jump again on Russia-Ukraine fears, as IEA calls for cut in energy usage
Gas prices in Westchester are above six dollars as prices at the pump continue to rise across the Southland on Sunday, March 13, 2022 in Los Angeles, CA. Jason Armond | Los Angeles Times | Getty Images Oil prices jumped even higher on Monday after Russia-Ukraine talks appeared to yield no sign of progress, and […]
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The ‘Great Resignation’ has gone global – and it’s shaking up the labor market for good
Millions of workers worldwide have quit their jobs without something else lined up. So, what is the Big Quit, and how will it change our workforce? Chloe Loh, like many other workers across the world, epitomizes the “Great Resignation.” “I left my job in December,” Loh told CNBC. “I was looking for a role that […]
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Shares in Asia-Pacific rise as investors await release of China’s benchmark lending rate; oil jumps 2%
SINGAPORE — Shares in Asia-Pacific rose in Monday morning trade, as investors look ahead to the release of China’s latest benchmark lending rate. Oil prices also jumped more than 2%. The S&P/ASX 200 gained 0.41%, with shares of Macquarie Group and Wesfarmers both up more than 1% each. South Korea’s Kospi hovered fractionally higher. Markets […]
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Goldman strategist names two sectors with ‘incredibly cheap’ stocks after Fed rate hike
A top Goldman Sachs strategist has named sectors that look “cheap” right now, including one which she says provides a “lovely hedge” to inflation. Source
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The Nasdaq is down more than 10% this year. Here are Wall Street’s top picks to buy the dip
As tech stocks endure a broad sell-off this year, Wall Street analysts name some of their top stocks to buy right now. Source
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Biden administration rules Myanmar army committed genocide against Rohingya
A Rohingya family stands by their makeshift tent at a new IDP camp in Tankhali, Bangladesh. Nearly 400,000 Rohingya refugees have fled into Bangladesh since late August during the outbreak of violence in the Rakhine state as recent satellite images released by Amnesty International provided evidence that security forces were trying to push the minority […]
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Shanghai Disney to close starting Monday amid Covid outbreak in China
Shanghai Disneyland reopened in early May. Hu Chengwei The Shanghai Disney Resort said on Sunday it will temporarily close until further notice starting Monday, citing the new coronavirus outbreak in China. “Due to the current pandemic situation, Shanghai Disney Resort, including Shanghai Disneyland, Disneytown and Wishing Star Park will be temporarily closed from Monday, March […]
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These are Goldman’s least favorite stocks, including one it sees dropping nearly 50%
Goldman’s least favorite stock on the list in clean energy stock JinkoSolar, which is seeing falling 47% in the next 12 months. Source
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Ukraine’s Zelenskyy appeals to Russians; officials say Mariupol art school bombed
Art school in Mariupol bombed, says city council Russian bombs fell on an art school in the city of Mariupol where about 400 residents were in hiding, according to Mariupol’s city council. The council said the building was destroyed and “peaceful people are still under the rubble,” adding that there were women, children and the […]
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Saudi Aramco’s full-year profit more than doubles on soaring oil prices
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion. Aramco’s 2021 net income increased by 124% to $110 billion in 2021, […]
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