100 Oil and Gas Wells Successfully Drilled in One Year
Drilling of 100 oil, gas wells completed in a year TEHRAN – National Iranian Drilling Company (NIDC) completed the drilling and finalization of 100 oil and gas wells across onshore and offshore fields in the Iranian calendar year 1403 (ended on March 20), the company’s head said, bringing the total number of wells drilled since […]
Strategies of a Leading International Stock Fund for Success
Amid the uncertainty wrought by US President Donald Trump’s trade war, non-US stock markets have posted strong gains, lifting funds like the Bronze-rated Sun Life MFS International Opportunities F. Yet Greg Johnsen, institutional portfolio manager at Boston-based MFS Investment Management and a member of the team that oversees this fund, remains upbeat about the prospects […]
Canada’s Stock Market Declines Amid Intensifying Global Selloff
Canadian markets swooned second consecutive day, with Morningstar Canada index plummeting 3.25% in the morning as Trump’s trade war intensified Thursday’s global selloff. The S&P/TSX Composite Index started the morning 3.08% lower at 23,504.48 points, resulting from a broad-based selloff, led by energy and mining stocks, as the trade war whipped up selling frenzy and […]
Effects of Tariffs Lead Us to Scale Back US Shale Production…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. On April 2, 2025, US President Donald Trump unveiled a tariff plan calling for a 10% baseline tariff on all imports, with select countries facing higher tariffs. In addition, the Organization of the Petroleum Exporting Countries and partners will raise […]
Barrick Aims for 30% Production Increase by 2030
Barrick Gold (NYSE: GOLD) (TSX: ABX) announced Friday it is advancing its portfolio of growth projects to support a planned 30% growth in gold-equivalent production by the end of the decade. The company’s chairman John Thornton said that despite a challenging operating environment, Barrick delivered on the goals it set for 2024, meeting its gold […]
Market Reacts: Following Trump Tariffs Inducing Selloff, China Seeks ‘Equal-Footed Consultation’ with the US
‘Market has spoken’: After Trump tariffs spark selloff, China calls US for ‘equal-footed consultation’ | World News After global stock markets took a stumble, China Saturday said “the market has spoken” in rejecting US President Donald Trump’s tariffs. Chinese foreign ministry spokesperson Guo Jiakun, in a post on Facebook, called on Washington for a consultation […]
IRS Plans Staff Reductions of Up to 25%, Beginning with Closure of Civil Rights Office, Sources Tell AP
IRS plans to cut up to 25% of staff, starting with closing its civil rights office, AP sources say WEST PALM BEACH, Fla. (AP) — The IRS plans to cut as many as 20,000 staffers — up to 25% of the workforce — as part of layoffs that began Friday, two people familiar with the […]
Big Three Oilfield Services: Effects of Tariffs on…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. President Donald Trump unveiled a broad new tariff plan. The plan calls for a 10% baseline tariff on all imports. China will face higher tariffs. The Organization of the Petroleum Exporting Countries and partners, or OPEC+, will also raise crude […]