Economy

Economy
Economy

Copper price surge past $12,000 as tariffs and mine disruptions fuel rally

Copper prices have climbed to a fresh all-time high above $12,000 a metric ton, putting the industrial metal on track for its strongest annual performance since 2009. The rally has been driven by a combination of severe supply disruptions and trade dislocations linked to the tariff agenda of US President Donald Trump, affecting global copper

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Economy

Samsung’s Harman to acquire driver assistance arm from ZF Group

Harman International, owned by Samsung Electronics, is buying a key driver-assistance business from ZF Group in a €1.5 billion transaction that reflects mounting financial pressure across Europe’s auto-supplier sector. The purchase brings radar, smart camera, and automotive computing operations under Harman at a time when suppliers are reassessing capital-intensive portfolios. For Samsung, which bought Harman

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Economy

Ferrari stock price set for $340 dip before rebound, technicals show

Ferrari stock price has had a difficult year, falling from a high of $516 in July to the current $375, a move that has erased its market capitalization from the year-to-date high of $136 billion to the current $90 billion.  Ferrari stock price dropped amid concerns about the company Ferrari, the iconic Italian supercar company,

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Economy

Portugal housing crisis intensifies as price surge reshapes affordability debate

Portugal’s housing pressures sharpened again in the third quarter, pushing affordability further into the political spotlight. Fresh official data showed prices rising at a record pace, underlining how far the market has moved beyond the reach of many residents. The latest surge reflects a mix of strong demand, limited supply, and population growth, with policymakers

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Economy

CertiK flags suspicious wallet breach after funds routed through Tornado Cash

Blockchain security firm CertiK has flagged a suspicious on-chain incident involving the loss of nearly $2.3 million in digital assets, after detecting unusual wallet activity through its monitoring systems. The case was identified using CertiK’s Skylens platform, which tracks abnormal fund movements and behavioural patterns across public blockchains. The incident highlights how wallet-level breaches continue

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Economy

UK government scales back inheritance tax hike for farmers after protests

Britain’s government has announced a significant change to its inheritance tax plans for farmers, scaling back a policy that triggered months of protests across the country. As per a Reuters report, the decision follows sustained opposition from agricultural groups after an inheritance tax charge on farms was announced in 2024, ending a long-standing exemption for

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Economy

Chainlink holds $12.5 amid whale accumulation; a bullish breakout brewing?

Chainlink price has remained steady around $12.50 as the broader crypto market experienced muted volatility. After a slight recovery from the $11.77 support level, LINK is showing resilience, trading at $12.65 with a modest 0.1% gain over the past 24 hours, though it is still down roughly 8.5% over the past week. The current price

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Economy

Down 65% in 2025, will Lucid Group stock price rebound soon?

Lucid Group stock price had a difficult performance this year as it continued falling due to major headwinds. It has dropped by 65% this year, with its market capitalization dropping from over $10.47 billion to the current $3.83 billion. So, is LCID a good company to buy today? Lucid Group is doing well despite major

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Economy

Cramer urges OpenAI to raise $200B at trillion-dollar valuation: here’s why

Famed investor Jim Cramer has urged OpenAI to take an unprecedented step: raise $200 billion at a trillion-dollar valuation. OpenAI should “strike while the iron is hot,” he argued in a recent segment of Mad Money – after a week of swirling speculation about the ChatGPT company’s fundraising ambitions. Recent leaks signal OpenAI is interested

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Economy

From EVs to dairy: what’s straining EU-China relations as trade tensions escalate

As global trade becomes increasingly fragmented, economic relations between China and the European Union are entering a more confrontational phase, marked by a growing reliance on tariffs, investigations and retaliatory measures. What began as targeted disputes in specific sectors has steadily widened, drawing in agriculture, manufacturing, technology and consumer goods. In the latest development in

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