S&P Data Reveals October Marks Highest Mineral Exploration Activity in a Year
S&P reports that the metrics it uses to calculate the PAI were again mostly positive in October 2024. Significant drill results, financings and initial resources all increased, while positive milestones announced by mining companies stayed flat. Credit: S&P Global Meanwhile, the Exploration Price Index (EPI), which the firm uses to measure the relative change in […]
Future of Budget Flights According to Booking Holdings CEO
Booking Holdings CEO on the future of cheap flights Despite a difference of opinion with his Gen Z son, Glenn Fogel insists on leaving hours early for the airport. That way he will never miss a flight. It’s one of many mantras that the Booking Holdings CEO adheres to. Fogel presides over all of the […]
4 Key Factors We’re Monitoring in the Stock Market This Week
Here are 4 things we’re watching closely in the stock market this week It was a great — albeit short — trading week for the U.S. stock market. The S & P 500 added 1.06% on the week while the Nasdaq Composite advanced 1.13% and the Dow Jones Industrial Average rose 1.39%. These gains added […]
Pressure on Small and Micro Loans May Weaken Consumption Amid Strain on Small Finance Lenders | Business News
As small and micro loans come under pressure, stress on small finance lenders could dent consumption further | Business News Early signs of stress in India’s microfinance institutions, small finance lenders, and unsecured personal loans are beginning to show up, primarily driven by escalating borrower indebtedness. Latest data reveals a surge in delinquencies during the […]
Biden’s $6.6 Billion Loan to Rivian Criticized by Elon Musk’s DOGE Partner Vivek Ramaswamy
Elon Musk’s DOGE partner Vivek Ramaswamy blasts $6.6 billion Biden loan to Tesla rival Rivian Donald Trump’s designated government efficiency co-czar, Vivek Ramaswamy, signaled his intention to scrutinize a loan granted by the Biden administration to EV manufacturer Rivian, a rival of Tesla. Ramaswamy, the founder of several biotech firms collectively known as the “Vants,” […]
Oil and Gas Drilling Expected to Hit 10-Year Peak, but Trump Tariffs Present Risks
Oil and gas drilling projected to reach 10-year high but Trump tariffs pose threat Canada’s oil and gas well drilling sector is poised to employ more people next year than it has in a decade, but the job growth could be derailed if president-elect Donald Trump makes good on his tariffs threat. The Canadian Association […]
Canada’s Economic Growth Takes a Significant Slowdown, Paving the Way for…
Canada’s economic growth eased to a 1% annualized rate in the third quarter, marking a slowdown from 2.2% annualized growth in the previous quarter. The weak gross domestic product report raises the likelihood that the Bank of Canada might deliver a more substantial rate cut at its Dec. 11 announcement, economists say. With annual inflation […]
Column: U.S. Focuses on Scrap to Bridge the Critical Minerals Gap
Column: US targets scrap to close the critical minerals gap As global demand for critical minerals rises amid an electrification and green energy shift, policymakers and industries are increasingly focusing on recycling—often termed “urban mining”—as a solution to the challenges posed by dwindling domestic mining capabilities and environmental concerns. The U.S. Department of Defense (DOD) […]
Canada’s Economic Growth Experiences Significant Slowdown
Canada’s economic growth eased to a 1% annualized rate in the third quarter, marking a slowdown from 2.2% annualized growth in the previous quarter. The contraction raises the likelihood that the Bank of Canada might deliver a more substantial rate cut at its Dec. 11 announcement. With inflation now comfortably at the 2% target, policymakers […]
UK Raises World Bank Contribution, Enhancing Climate Finance Opportunities | COP29
UK increases World Bank contribution, boosting climate finance prospects | Cop29 The UK has increased its contribution to the World Bank, in a move that will boost prospects for climate finance. Next week, at a meeting in Seoul of the International Development Association (IDA) – the body that funds the World Bank’s support for low-income […]