Oil tanks are seen at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. /Reuters Saudi Arabian state oil giant Aramco on Tuesday reported a 44.6 percent dro
Profits for China's major industrial companies climbed by 10.1 percent year on year to 646.43 billion yuan (about $96.5 billion) in September, narrowing 9 percentage points from August, National B
Remember back in March when the VC game was done for the year, checkbooks were snapping shut and startup layoffs led the headlines? So much for all that. Q3’s venture capital numbers are in and
A street scene of London, Britain, June 3, 2019. /VCG Ratings agency Moody's cut the United Kingdom's debt rating on Friday over the huge economic hit from the coronavirus crisis, Brexit and t
Foxconn aims to provide components or services to 10 percent of the world's electric vehicles (EVs) by between 2025 and 2027, and has been in talks with multiple car manufacturers for future cooperat
An employee seen talking to customers at a Samsung store in Seoul, South Korea, July 5, 2020. /VCG Samsung Electronics Co said on Thursday third-quarter operating profit likely rose by 58 perc
The Federal Reserve building is pictured in Washington, DC, U.S.. (VCG Image) The US Federal Reserve on Wednesday pledged to keep rates low until it has achieved its goal of maximum employment
New Delhi, capital of India. /VCG India's Gross Domestic Product (GDP) has shrunk by 23.9 percent year on year in the first quarter of the financial year 2020-21, as a strict national lockdown
A woman walks past at a shopping district amid the COVID-19 pandemic in Tokyo, Japan, August 17, 2020. /Reuters Japan's economy shrank slightly more than initially thought in the April-June qu
The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. /Reuters Crude oil gained more ground on Tuesday, with prices und
While a handful of tech companies like Zoom and Shopify are enjoying massive gains as a result of COVID-19, that’s obviously not the case for most. Weaker demand, slower sales cycles, and customer ins
A Southwest Airlines plane lands next to a United Airlines plane at San Francisco International Airport, California, the United States of America, March 6, 2020. /VCG Global air traffic will n
Wall Street's major averages declined in the week as investors pored through a new wave of earnings reports while grappling with fears over the soaring coronavirus cases in the United States. For
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, the U.S., September 4, 2018. /Reuters The greenback's prevalence is unfavorable for emerging
China shares inched higher midday on Tuesday, supported by strong gains in healthcare stocks on rising hopes for a coronavirus vaccine, although profit-taking after the previous session's rally ke
Australian mining giant BHP has recorded its largest quarterly output of iron ore ever from the company's Western Australian (WA) operations, due to strong demand from Chinese steel mills. BHP sai
Today after the bell, Netflix reported its Q2 financial performance. After its second-quarter numbers were out, the popular video streaming service saw its value drop sharply, with its shares off 10%