Turkey faces possible credit downgrade
Turkey is facing a possible credit downgrade if it can't get its financial act together, according to new analysis from credit ratings firm Moody's.
Turkey needs to put a substantial and reliable plan in place...
Markets brace for prolonged trade war
The trade war is officially back on, with the United States and China both refusing to give even an inch, causing investors worldwide to lose big as markets face their worst May in nearly...
Binance loses $41 million as exchanges grapple with growing threat from hackers
Binance, one of the world's biggest cryptocurrency exchanges, fell victim to a major data breach on Sunday evening.
The "security breach" as Binance is reporting it, led to 7,000 bitcoin being taken from the exchange...
Petrobras gets hedge fund bump despite production woes
Petrobras, Brazil's state-owned oil giant, missed out on production marks in the first quarter, but that hasn't kept hedge funds from making some big bets on the business' stock price.
Petroleo Brasileiro SA's oil output...
Trump lights a fire under China as trade deal fails to materialize
U.S. President Donald Trump has increased the pressure on Beijing to bring an end to the ongoing trade war, threatening to ramp up tariffs if a trade deal is not made by the end...
A New Mega-Cartel That Could Rattle 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...
Will the Fed ignore Trump’s call to slash interest rates?
The Fed is facing fresh criticism from U.S. President Donald Trump following a two-day conference where the body is anticipated to announce a new decision relating to interest rates.
The U.S. Federal Reserve is expected...
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...
WeWork eyes IPO with help from SoftBank
Co-working behemoth WeWork, otherwise known as the We Company, has filed confidential documents for its IPO with the Securities and Exchange Commission on Monday.
WeWork noted that its modified IPO registration with the U.S. Securities...
Tesla earnings report shakes investor sentiment
Tesla has just posted its first-quarter earnings, and shareholders aren't impressed, weighing on the company's stock price as markets opened.
Though Tesla boss Elon Musk had prepared Wall Street for a Q1 loss, analysts were...
