Markets & Industries
Automakers' losses due to EV policy changes exceed $65 billion in 2025 - 02/17/2026
The change in focus towards phasing out vehicles powered by internal combustion engines in favor of electric vehicles (EVs) has led to losses of at least $65 billion for global automakers in 2025, as reported by The Financial Times. The publication points out that these losses might rise considerably. The significant change in US policy, which has removed financial incentives for electric...
Eurozone GDP grows by 0.3% in Q4 2025 - 02/16/2026
The eurozone economy grew by 0.3% in the fourth quarter of 2025 when compared to the third quarter, as updated figures from Eurostat, the European Union's statistics agency, show. Year-on-year, GDP growth was 1.3%. The results matched what was already announced earlier and also aligned with the predictions from analysts who were surveyed by Trading Economics. In the third quarter of 2025, the...
EC President blames fossil fuels for high EU energy prices - 02/12/2026
European Commission President Ursula von der Leyen thinks that high energy prices in the EU are partly because the region still relies on fossil fuels, and she stressed the need to invest in cleaner energy sources. The EC President stated on Wednesday during a discussion at the European Parliament plenary session in Strasbourg that the issue stems from the absence of sufficient interconnectors...
Chinese banks advised to cut their holdings of US Treasuries - 02/10/2026
Chinese regulators told financial institutions to lower their investments in US Treasury bonds, pointing to the dangers of having too much concentrated exposure and the potential for market fluctuations, according to Bloomberg. According to Bloomberg sources, officials are encouraging banks to decrease their buying of US Treasuries and advising financial institutions that hold a significant...
European Commission responds to French investigation into social media platform X - 02/04/2026
The European Commission became aware of the Paris prosecutor's office investigation into the French operations of social media platform X through the media, and the EC is currently engaging with French authorities on the matter, according to EC spokesperson Thomas Regnier. “We are in communication with the French authorities regarding this and other matters, but I would like to remind you of the...
Cocoa bean prices drop below $4,000 per ton for the first time since 2023 - 02/02/2026
The market has been in a downward trend for the past year because there is evidence showing that demand is becoming weaker. So far, prices have dropped by nearly 70% from the highest levels they reached at the end of 2024. The value of March cocoa futures in New York dropped by 5.9% on Friday, with the price declining to $3,931 per ton, marking the lowest level since November 2023. In December...
US Treasury Department authorizes U.S. entities to transact with Venezuelan oil - 01/30/2026
The US Treasury Department has released a general license that permits the export, sale, storage, and refining of oil within the country, provided that these activities are carried out by a legal entity that is officially registered in the United States. According to the general license, which was posted on Thursday by the Office of Foreign Assets Control (OFAC), a division of the U.S. Treasury,...
Norway's sovereign wealth fund earns $247 billion in income in 2025 - 01/30/2026
The Government Pension Fund of Norway, also referred to as the Oil Fund, which is the world's largest sovereign wealth fund, made a profit of NOK 2.36 trillion, equivalent to approximately $247.4 billion, in 2025. The financial reports of the fund indicate that the return on investments amounted to 15.1%. The fund achieved a return of 19.3% from equities, 5.4% from fixed income, 4.4% from...
Gold approaches $4,900 despite easing tensions over Greenland - 01/23/2026
Gold persisted in its upward trend on Thursday, even as worries about a worsening US-Europe dispute over Greenland lessened. US President Donald Trump announced at the World Economic Forum in Davos on Wednesday that the United States seeks to promptly initiate talks to purchase Greenland from Denmark and has no plans to use military force to take control of the island. Trump subsequently posted...
China cuts steel production to seven-year low in 2025 - 01/20/2026
China's steel production in 2025 dropped to 960.81 million tons, marking the lowest level in seven years. This represents a decrease of 4.4% from the 2024 production figure, as reported by the National Bureau of Statistics. In December, steel output fell by 10.3% compared to the same month in the previous year, reaching 68.18 million tons. This is the lowest volume recorded in two years. The...




