Friday brought fresh developments on the US-China trade front, the federal workforce, and tech regulation.President Trump threatened steep tariffs on Chinese imports amid rare earth export controls, while federal layoffs began as the government shutdown hit day ten.Meanwhile, China launched an antitrust probe into Qualcomm, highlighting rising tensions in global…
Activist investor Elliott Management says PepsiCo’s (NASDAQ: PEP) North American beverage unit has underperformed Coca-Cola for years due to its vertically integrated bottling operations.PepsiCo acquired its bottling business after the great financial crisis, a move that made its beverage supply chain more operationally intensive and less margin-efficient.According to the activist…
US markets fell hard on Friday after President Donald Trump threatened to impose a “massive increase of tariffs on Chinese products,” reigniting investor concerns about a renewed US-China trade conflict. The comments triggered a broad market selloff, erasing early gains and sending major stock indexes sharply lower.Stocks reverse gains as…
The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Huges said in a Friday report. The total number of operational rigs fell by two, settling at 547 in the week to October 10,…
SovEcon, a leading agricultural analytics agency, has scaled up its projection for Russia’s 2025 wheat harvest. The revised forecast now stands at 87.8 million metric tons (MMT), a notable rise from its previous estimate of 87.2 MMT. This upward adjustment is primarily attributed to unprecedented and record-breaking yields observed across the…
US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on rare earth metals. The metals are critical for both the tech and defense industries, and the remarks immediately triggered a…
US President Donald Trump announced on Friday sweeping new tariffs on China, declaring an additional 100% tariff on all Chinese goods and tighter controls on exports of critical US software, effective November 1, 2025.Trump says the move is a direct response to what he called China’s “extraordinarily aggressive” trade tactics,…
Locksley Resources, Ltd. (ASX: LKY,OTC:LKYRF; OTCQX: LKYRYF) announced that recent structural mapping has significantly expanded the scale of its target mineralized corridor at the Desert Antimony Mine (DAM) Prospect. A new parallel structural target was also identified in this mapping, enhancing the potential for a larger mineralized system across multiple…
Canadian miner Silver Storm Mining (TSXV:SVRS,OTCQB:SVRSF) has signed a US$7 million offtake prepayment deal with Samsung Construction and Trading (HKEX:028260) and two of its subsidiaries to help restart production at its La Parrilla silver mine complex in Durango, Mexico. Under the agreement announced Friday (October 10), Samsung and subsidiaries will…
China has sharply expanded its export controls on rare earth elements and related technologies, tightening its grip on a strategically vital sector just weeks before a possible meeting between US President Donald Trump and Chinese President Xi Jinping in South Korea. The Ministry of Commerce announced Thursday (October 9) that…