Payment problems stifle Russian imports of Chinese cars

Payment issues between Russia and China, caused by U.S. sanctions, pose serious issues for Russian imports of Chinese cars that have supplied the domestic market over the last two years, the head of Russia's car dealers' association told Reuters. Moscow and Beijing...

China-Bound Oil Tankers Hit Two-Year Low in Warning for Bulls

Flow of supertankers headed for the Asian nation drops sharply Decline in cargoes adds to concern over China’s demand outlook The number of supertankers headed for China dropped to the lowest in almost two years, adding to recent concerns about demand in the largest...

Fireworks for Stocks About to Begin

My research of NIKE’s reported earnings and press release for Fiscal 2024 resulted in a significant discovery.   NIKE will be the poster child for the secular bear market that is now underway. My target for NIKE’s peak to trough decline is 80 percent. S&P 500...

Staying Private: Why Companies are Delaying IPOs

Companies have always relied on private capital - from banks, personal funds, and specialist early-stage investors such as venture capital firms - to finance the early stages of their business. Upon reaching a certain size, the most efficient way to obtain additional...

AI startup Abnormal Security ‘valued at $5bn’

AI startup Abnormal Security, focused on preventing email attacks, is set to be valued at $5 billion in a new funding round. The company reached $100 million in annual recurring revenue in 2023, five years after its founding, and previously raised $210 million in...

Chinese Beef Prices Plunge as Appetite for Premium Meat Wavers

Local government urged to provide subsidies and forage Beef is a pricey option for China’s cash-strapped diners The Chinese beef market is facing a conundrum. The government has pushed farmers to raise production at home and opened the door to more imports, but a...

Nike Rout Is Exclamation Point on Consumer Stocks’ Ugly Week

Shares of sneaker maker suffered record one-day drop on Friday Household spending is starting to show signs of a slowdown A dismal week for consumer stocks is raising concern about the financial health of US households just before the second-quarter earnings season...