The International Energy Agency (IEA) forecasts a decline in global oil demand by 1 million barrels per day in 2026, marking the first annual drop since the Covid-19 pandemic in 2020. This decrease is largely due to disruptions caused by the Iran war, which affected production and exports in the Middle East, especially through the closure of the Strait of Hormuz, a critical oil and gas shipping route. The decline is uneven across different products and regions, highlighting the geopolitical risks impacting the oil market. This shift signals potential changes in global energy dynamics and may influence future oil prices and supply strategies.
Basel Medical Group Ltd announced it has regained compliance with Nasdaq's minimum bid price rule after its share price stayed at or above $1.00 for 10 consecutive business days ending July 7, 2026. The company was previously notified in January 2026...
The global wax market, valued at $11.26 billion in 2025, is projected to grow to $16.65 billion by 2035 at a CAGR of 3.99%. Growth is fueled by rising demand in packaging, cosmetics, candle making, adhesives, and industrial uses, with natural waxes l...
BingX, a major crypto exchange, introduced the BingX Visa Debit Card in partnership with Wirex, allowing users to spend digital assets globally through Visa's payment network. The card supports purchases, ATM withdrawals, and automatic currency conve...
Backpack has introduced the first-ever 24/7 trading platform for real U.S. equities, allowing international investors to buy and sell stocks like SpaceX, Micron, and SanDisk around the clock. Unlike synthetic derivatives, these are actual equities wi...
Independent proxy advisory firms, including ISS, recommend Equinox Gold shareholders vote in favor of the proposed merger with Orla Mining, which aims to create a leading North American gold producer. The combined company is expected to produce 1.1 m...
