Demand for helium is rising alongside the semiconductor, healthcare and nuclear energy sectors. Produced from natural gas wells, helium is an odorless, colorless, non-toxic, non-combustible and non-corrosive gas. While it may bring to mind birthday balloons, the element is an important industrial gas due to its cooling properties. Helium has…
Mall-based teen accessories retailer Claire’s, known for helping usher millions of teens into an important rite of passage — ear piercing — but now struggling with a big debt load and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. Claire’s Holdings LLC and certain of its U.S. and…
President Donald Trump on Thursday demanded that the CEO of the tech firm Intel resign immediately, saying he is “highly conflicted” because of alleged ties to China. “There is no other solution to this problem,” Trump wrote on Truth Social. Trump’s attack on the Intel chief is his latest attempt…
A coalition of 57 alcohol industry groups has warned President Donald Trump in a letter that a 15% tariff on EU goods could slash US alcohol sales by nearly $2 billion and jeopardise 25,000 American jobs.The letter garnered signatures from key players in the European beverage industry, including major producers…
Walt Disney Co (NYSE: DIS) is inching down this morning after reporting mixed financial results for its third quarter.Investors are choosing caution even though the entertainment conglomerate announced a landmark deal between ESPN and the WWE on Wednesday.According to Disney’s press release today, ESPN will become the exclusive US home…
India’s economy could face a multibillion-dollar impact following US President Donald Trump’s decision to raise tariffs on Indian goods to 50% in response to New Delhi’s continued oil trade with Russia. The latest move doubles the previously announced 25% duties, making it one of the highest levies on any US…
Match Group (NASDAQ: MTCH) shares jumped more than 14% on Wednesday after the online dating company delivered upbeat guidance for the current quarter and highlighted promising results from its recent product innovations.The Dallas-based firm, which owns Tinder, Hinge, and several other dating platforms, said it expects third-quarter revenue to come…
Upstart Holdings Inc. (NASDAQ: UPST) tanked more than 18% on August 6th, even though the AI lending platform reported blockbuster results for its second financial quarter (Q2).According to the company’s earnings release, its revenue more than doubled on a year-over-year basis to $257 million, fuelling a swing to $5.6 million…
Asia-Pacific stock markets presented a mixed and somewhat volatile picture at Thursday’s open, as investors worked to decipher US President Donald Trump’s vow to impose a staggering 100% tariff on imported semiconductors and chips. While this new threat sent shockwaves through the tech sector, a crucial exemption for companies “building…
The oil market remains doubtful about the impact of the additional 25% tariffs imposed by the US on India over its purchases of Russian oil. According to ING Group, the market still expects further negotiations between the US and India before the additional tariffs kick in later this month. On Wednesday, oil…