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Toyota Chairman Says Electric Cars Will Never Dominate Global Market
Article By:
Tyler Durden
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Wednesday, January 24, 2024 5:26 AM EDT
Toyota's chairman and former CEO, Akio Toyoda, is at it again: providing the public with a dose of reality that electric vehicles will never dominate the global car market.
Antitrust, Boomer Style
Podcast By:
Felix Salmon
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Sunday, January 21, 2024 11:00 AM EDT
The Money group discusses Biden’s antitrust agenda, the state of work-from-home, and why oil prices are weathering the Middle East conflict.
FRO – Sale Of Its Five Oldest VLCCs
Article By:
NASDAQ GlobeNewswire
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Saturday, January 13, 2024 9:30 PM EDT
Following this transaction, Frontline's fleet will consist of 84 vessels.
In this article: FRO
A Massive Week Of Data May Bring A Big Surprise To Markets The Week Of January 3, 2024
Article By:
Michael J. Kramer
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Sunday, December 31, 2023 5:14 PM EDT
2024 could start with a bang amid a massive data dump that includes the FOMC December minutes.
Israel's Eilat Port Sees 85% Drop In Activity As Mediterranean Imports Also Take Hit
Article By:
Tyler Durden
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Sunday, December 24, 2023 6:23 AM EDT
This week the chief executive of Israel's Eilat Port confirmed that Houthi attacks on Red Sea shipping has had a devastating impact on the rate of goods coming into the country.
BP, Evergreen, Euronav Halt Sailings Through Chaotic Red Sea As Insurers Demand War Risk Coverage
Article By:
Tyler Durden
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Monday, December 18, 2023 8:51 AM EDT
Add Taiwanese container shipping line Evergreen and Belgian tanker owner Euronav to the growing list of major shipping firms halting all sails through the Red Sea strait. This brings the total to seven.
In this article: BNO
Alcoa Is Back
Article By:
Tim Knight
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Sunday, December 17, 2023 6:54 AM EDT
For those who wished they were short Alcoa but missed it, I’d say this is another golden opportunity. This is a very slow-moving critter, but the top is gargantuan. I’d say 31.32 as a stop-loss would make sense.
Four Major Shipping Firms Halt Red Sea Route After Houthi Attacks
Article By:
Tyler Durden
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Sunday, December 17, 2023 4:13 AM EDT
Yemen's Iran-backed Houthis have launched a series of attacks on commercial vessels in the highly trafficked Red Sea strait as retaliation for Israel's Gaza operation and Washington's support of Israel.
Airlines Set For A Record-Breaking 2024, But Interest Rates Remain A Concern
Article By:
The Tokenist
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Wednesday, December 6, 2023 6:51 AM EDT
The airline industry is expected to record a net profit of $25.7 billion on a 2.7% margin in 2024, per IATA's report.
'Santa Married Goldilocks' - Soft CPI Sparks Big Week Of Buying For Bonds, Stocks, & Gold
Article By:
Tyler Durden
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Friday, November 17, 2023 11:30 PM EDT
The 'higher-for-longer' soft landing economy may be transitioning back to a 'Goldilocks' economy of not-too-hot/not-too-cold activity and inflation...
Boeing Shares Up In Premarket As China Mulls Lifting 737 Freeze
Article By:
The Tokenist
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Monday, November 13, 2023 6:32 AM EDT
Boeing's stock rose in the Monday premarket after reports of a possible lifting of 737 MAX's commercial freeze in China.
In this article: BA