Oil prices surged about 3% following the UAE's announcement to leave OPEC, aiming to pursue an independent production policy. This move reflects rising tensions in the Middle East and disagreements within OPEC, especially between the UAE and Saudi Arabia. Traders also reacted to stalled U.S.-Iran negotiations and fears that the Strait of Hormuz may remain closed, tightening oil supply. WTI crude tested new highs above $100, while Brent oil approached resistance near $112, signaling bullish market sentiment amid geopolitical risks. Natural gas prices fell due to bearish weather forecasts, while gold prices dropped as yields and the dollar strengthened.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...
Kenmare Resources reported weaker-than-expected production in the first half of 2026 due to commissioning delays at its Wet Concentrator Plant A, with ilmenite output down 40% year on year in Q2. Despite this, shipments increased by 53% as the compan...
Ramsdens Holdings PLC shares rose 13.6% to 670p following an improved takeover offer from US pawnbroking group FirstCash. FirstCash increased its cash bid to 675p per share from 600p, raising the total offer value to up to £232 million, including div...
