Elon Musk Chooses HPE for $1 Billion AI Server Deal—What’s Next for Tesla and X?HPE signs a $1 billion contract to provide AI servers to Elon Musk's platform X, highlighting surging demand for AI hardware.
Macy's Slams the Door on 66 Locations in Latest Store Closure WaveMacy's plans to close 66 more stores as part of a strategic overhaul, focusing on 350 key locations by 2026 amid declining demand.
U.S. Cold Snap Drives Oil Prices Up, WTI Climbs to $74.25A cold wave in the U.S. boosts heating demand, raising oil prices to a three-month high amid expectations of China's economic stimulus.
WTI Crude Hits Highest Price Since October—Why China’s Economic Stimulus Is Driving Up OilOil prices rise due to expectations of China's economic stimulus, with WTI reaching its highest since October 2023.
U.S. Natural Gas Futures Surge 16%, Hitting Two-Year HighU.S. natural gas futures soared due to colder weather forecasts, with February delivery prices reaching a two-year high amid rising demand.
China’s Steel Industry Faces Tough Times: Demand Expected to Drop 1.5% in 2025China's steel demand is set to decline by 1.5% in 2024 due to a sluggish real estate market and slowing manufacturing growth.
Why Gold Just Dropped 3.5%—Investors React to Ceasefire News and U.S. PoliticsGold prices fell sharply due to reduced safe-haven demand amid geopolitical developments and optimism in U.S. economic stability.
World's Largest Miner Goes Big: $7 Billion Investment in Chilean CopperBHP plans to invest over $7 billion in Chilean copper operations to meet rising demand, despite projected production declines by 2030.
Spirit Airlines Furloughs Pilots and Prepares for Bankruptcy Filing in Next Few WeeksSpirit Airlines is filing for bankruptcy after failed merger talks with Frontier, facing financial losses and upcoming debt obligations.
Copper Prices Tumble: What’s Behind the 12% Drop Since Trump’s Election?Copper prices are declining due to U.S. tariffs and disappointing Chinese stimulus, impacting the global metal market significantly.
$2.1 Trillion Needed by 2050 to Meet Raw Material DemandBy 2050, the mining industry will need $2.1 trillion to meet the rising demand for minerals crucial for a low-carbon economy.
Is Your Makeup Cruelty-Free? 10 Truth About Vegan CosmeticsThe vegan cosmetics market in South Korea has surged to 570 billion won in 2022, projected to reach 1 trillion won by 2025.
FedEx to Eliminate Up to 2,000 Jobs in EuropeFedEx is reducing its workforce due to a lower cargo demand in Europe. On the 12th, FedEx announced plans to cut between 1,700 and 2,000 back-office jobs in Europe as part of its recent cost-cutting efforts due to a decline in cargo demand. According to the statement, the reduction will take place over 18 months. […]
AI Data Centers Predicted to Devour 9% of U.S. Power by 2030Due to the surge in demand brought on by the AI boom, power consumption in data centers is projected to double by 2030.
China Makes Strategic Move That Worries Western CompaniesAccording to recent assessments, Chinese companies are expanding their dominance in the mineral market despite years of sanctions. The Wall Street Journal (WSJ) reported on the 20th (local time) that China is winning the mineral war, with Chinese companies aggressively expanding their businesses, over-supplying, and driving down prices to push out competitors. According to raw […]
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Elon Musk Chooses HPE for $1 Billion AI Server Deal—What’s Next for Tesla and X? HPE signs a $1 billion contract to provide AI servers to Elon Musk's platform X, highlighting surging demand for AI hardware.
Macy's Slams the Door on 66 Locations in Latest Store Closure Wave Macy's plans to close 66 more stores as part of a strategic overhaul, focusing on 350 key locations by 2026 amid declining demand.
U.S. Cold Snap Drives Oil Prices Up, WTI Climbs to $74.25 A cold wave in the U.S. boosts heating demand, raising oil prices to a three-month high amid expectations of China's economic stimulus.
WTI Crude Hits Highest Price Since October—Why China’s Economic Stimulus Is Driving Up Oil Oil prices rise due to expectations of China's economic stimulus, with WTI reaching its highest since October 2023.
U.S. Natural Gas Futures Surge 16%, Hitting Two-Year High U.S. natural gas futures soared due to colder weather forecasts, with February delivery prices reaching a two-year high amid rising demand.
China’s Steel Industry Faces Tough Times: Demand Expected to Drop 1.5% in 2025 China's steel demand is set to decline by 1.5% in 2024 due to a sluggish real estate market and slowing manufacturing growth.
Why Gold Just Dropped 3.5%—Investors React to Ceasefire News and U.S. Politics Gold prices fell sharply due to reduced safe-haven demand amid geopolitical developments and optimism in U.S. economic stability.
World's Largest Miner Goes Big: $7 Billion Investment in Chilean Copper BHP plans to invest over $7 billion in Chilean copper operations to meet rising demand, despite projected production declines by 2030.
Spirit Airlines Furloughs Pilots and Prepares for Bankruptcy Filing in Next Few Weeks Spirit Airlines is filing for bankruptcy after failed merger talks with Frontier, facing financial losses and upcoming debt obligations.
Copper Prices Tumble: What’s Behind the 12% Drop Since Trump’s Election? Copper prices are declining due to U.S. tariffs and disappointing Chinese stimulus, impacting the global metal market significantly.
$2.1 Trillion Needed by 2050 to Meet Raw Material Demand By 2050, the mining industry will need $2.1 trillion to meet the rising demand for minerals crucial for a low-carbon economy.
Is Your Makeup Cruelty-Free? 10 Truth About Vegan Cosmetics The vegan cosmetics market in South Korea has surged to 570 billion won in 2022, projected to reach 1 trillion won by 2025.
FedEx to Eliminate Up to 2,000 Jobs in Europe FedEx is reducing its workforce due to a lower cargo demand in Europe. On the 12th, FedEx announced plans to cut between 1,700 and 2,000 back-office jobs in Europe as part of its recent cost-cutting efforts due to a decline in cargo demand. According to the statement, the reduction will take place over 18 months. […]
AI Data Centers Predicted to Devour 9% of U.S. Power by 2030 Due to the surge in demand brought on by the AI boom, power consumption in data centers is projected to double by 2030.
China Makes Strategic Move That Worries Western Companies According to recent assessments, Chinese companies are expanding their dominance in the mineral market despite years of sanctions. The Wall Street Journal (WSJ) reported on the 20th (local time) that China is winning the mineral war, with Chinese companies aggressively expanding their businesses, over-supplying, and driving down prices to push out competitors. According to raw […]
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