Energy stocks have been strong over the last six months because the sector is benefiting from a powerful mix of tightening global supply, disciplined capital spending, and surprisingly resilient demand. Crude prices have remained supported as major producers, including OPEC and OPEC+, continue to manage output. So that you know, OPEC+ has discussed a modest…
Key Points On Dec. 31, after more than half a century at the helm, Warren Buffett stepped down from the CEO role at Berkshire Hathaway. The stock market is historically expensive, as evidenced by Berkshire’s enormous cash pile and Buffett’s persistent net selling of stocks leading up to his retirement. However, patience has paid off…
At least five Hong Kong universities have backed the government’s proposal to launch study tours aimed at attracting non-local secondary students to pursue higher education in the city, with programmes featuring topics such as AI. The University of Hong Kong (HKU), the city’s oldest tertiary institution, said it would offer up to 35 programmes this…
2 After a dismal midweek, Borussia Dortmund were looking to not end their season in the space of seven days and close the gap on Bayern Munich to five points to give hope of a potential title race. Considering the performance of Niko Kovac’s side in midweek, the first half was a massive improvement; they…
Luckin Coffee (OTCPK:LKNC.Y) has surpassed 30,000 stores in China, marking a new scale milestone in its domestic network. The company reports continued growth in overall revenue alongside a slowdown in same-store sales. Profit margins are under pressure as Luckin Coffee invests in rapid expansion and faces rising competition and costs. The brand is also expanding…
China’s ministry of foreign affairs has expressed concern over U.S.-Israeli strikes against Iran and called for an immediate ceasefire, urging all sides to avoid escalation and to resume dialogue and negotiation. In a statement on Saturday, the ministry said Iran’s sovereignty, security and territorial integrity should be respected.On Sunday, China’s embassy in Israel issued a…
Russian riot police lead a charge on demonstrators protesting the arrest of Alexei Navalny – hero of the democracy movement – following his return from Germany, after his first poisoning with the banned chemical Novichok in 2021. (Photo by Olga MALTSEVA / AFP) (Photo by OLGA MALTSEVA/AFP via Getty Images) AFP via Getty Images Russia’s…
A popular prayer app used in Iran is believed to have been hacked after it began urging users to lay down their weapons on Saturday following airstrikes by the U.S. and Israel. The messages, as reported by WIRED Middle East, were sent in quick succession over a 30-minute period to users of “BadeSaba Calendar.” The…
Patrick McMullan / Getty Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. “Rich Dad Poor Dad” author Robert Kiyosaki has issued a chilling new warning. “BIGGEST CRASH IN HISTORY STARTING,” he wrote in a recent post on X (1). According to Kiyosaki, this is the very downturn…
There will not be many games left this season where this is the case, but Arsenal might reasonably feel going into Sunday’s game that the pressure is just as much on their opponents as it is the title contenders. The title might be the Premier League’s holy grail, but for the league’s elite, any campaign…