The Iran-Israel conflict isn’t denting Chinese business optimism in the Middle East

Key Points

Chinese shipments to Dubai’s logistics hub have risen by 20% this month from a year ago, according to estimates from Bear Huo, China general manager at FundPark.
Chinese companies have increasingly turned to the region in the last few years.
“A more stable Middle East serves China’s economic and strategic interests,” said an EIU economist.

Source

Finance

Tesla supplier CATL has potential beyond just batteries, analysts say

July 13, 2025

Source

Finance

Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more

July 11, 2025

Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, […]

Finance

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

July 11, 2025

Key Points Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building. “This is about the largesse and the fact that he has systemically mismanaged the Fed,” Vought told CNBC. The accusations represent another front on Trump’s ongoing campaign against Powell. Source