Aramco more profitable than Google and Apple combined
In the middle of its roadshow to raise some $10 billion in investments, Saudi Aramco exposed its earnings for the first time ever.
According to a report from credit agency Moody's, the Saudi oil business...
China’s rare earth “nuclear option” looks increasingly likely
China's threats to ban rare earth exports to the United States is looking increasingly likely as trade tensions in between the two economic superpowers continue to escalate.
China is ready to use rare earths to...
India, China could form mega cartel in oil markets
As Iran remains defiant in the face of U.S. sanctions, India and China, the worlds second and third largest oil buyers, are contemplating a potential move which could counter the U.S.' pull on global...
Russia boosts gold stockpiles
Russia is growing its gold stockpiles as analysts begin to sound the alarms, suggesting another worldwide recession might be in the making.
According to its foreign reserve data updated on Friday, Russia's central bank's gold...
Gold falls below $1,300 as the dollar rebounds
Gold crept upward slightly over the weekend in its path to a second quarterly rise as the dollar fell slightly on lukewarm U.S. financial data.
U.S. consumer spending rose less than forecasted in January and earnings...
Millennials are buying art, but not for the reason you’d expect
Millennials are reshaping the world one beloved institution at a time, and their latest investment trend is taking the art scene by storm.
More young people, especially those in the mid-20s to mid-30s are engaging...
Blockchain tech takes on the energy industry
The oil and gas sector has been surprisingly slow to adapt to new technology, however, with increasing pressure from the rise of renewables, it looks like now it has no other option.
And makes sense....
Gold hits three-month lows on positive economic sentiment
A stronger U.S. dollar and renewed hope for a trade war resolution has taken its toll on gold prices, with the precious metal being up to three-month lows.
In early trading Thursday, gold and silver...
Local economies, avocados and tequila at risk in border wall dispute
As the debate heats up over President Trump's proposed border wall, there may be one ignored consequence with which many Americans have yet to come to terms ... a scarcity of a few of...
Three ways tech titans are winning the data boom
Did you know that in 2018 alone, internet users spent a collective 2.8 MILLION years online? That's a lot of data.
And over 33 percent of that time was spent on social media platforms like...
