Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Nigerian Industrial Behemoth That Could Reshape the African Economy
Earlier in August, it was reported that Nigeria's Dangote Refinery secured a $1 billion underwriting for its upcoming stock market listing, which is set to become Africa's largest IPO. Indeed, the whole the continent has seen lots of economic…
Trapped in K-shaped economy
Is Korea trapped in a K-shaped economy? Likely so. While a few sectors, most notably semiconductors, are experiencing euphoria from record-high profits, a far greater number of sectors are witnessing plunging profitability and stagnant job growth.
How Canada could hit back to hurt the US economy - and Trump
What leverage does Canada, which sells about 70% of its goods to the US, actually have in this spiralling trade dispute with its southern neighbour, who also happens to be the world's largest economy? Canada is the top customer for 26 US states…
How Canada could hit back to hurt the US economy - and Trump
Jessica Murphy Canada digital editor, Toronto What leverage does Canada, which sells about 70% of its goods to the US, actually have in this spiraling trade dispute with its southern neighbour, who also happens to be the world's largest economy?
Climate damage would obliterate any economic benefits of new North Sea fields, analysis shows
The climate damage caused by developing the Rosebank and Jackdaw oil and gas fields under consideration by the UK government would destroy their economic benefits many times over, according to an analysis. It estimates the economic damage caused by…
Trump admin launches 'Economic D-Day' sanctions on Iran: Key actions
The Trump administration on Monday launched what it described as an unprecedented economic offensive against Iran, unveiling a sweeping package of sanctions, enforcement measures and diplomatic pressure aimed at cutting off the Islamic Republic's…
Knowledge is power: Why America needs economic security intelligence
America was unprepared for its trade war with China, but it shouldn't have been. As Beijing cut off access to critical minerals, the United States had no response but a quiet retreat. The Trump administration's recent push to rebuild mining and…
Goal of 'D-Day' sanctions on Iran is 'economic asphyxiation': Bessent
Treasury Secretary Scott Bessent unveiled new economic penalties and sanctions against Iran and the countries and foreign actors propping up the regime's war machine. Bessent told reporters at a Monday press conference that the sanctions will…
Bessent warns Iran's global partners to cut ties or face 'Operation Economic Outcast'
Treasury Secretary Scott Bessent on Monday issued a global warning for countries to cut any financial ties with Iran or risk being cut off from the U.S. dollar system, launching a new economic pressure campaign against the Islamic Republic as the…
Trump forgoes military strikes, attempts economic chokehold on Iran
Defense Secretary Pete Hegseth said Monday that the Trump administration's economic pressure on Iran is hurting the regime “the most right now,” but did not rule out the U.S. military resuming airstrikes if necessary. © Matias…
Global oil prices fall ahead of 'Economic D-Day' announcement on Iran
Aug. 24 (UPI) -- Oil prices fell slightly on Monday ahead of the unveiling by U.S. Treasury Secretary Scott Bessent of the toughest set of Iran sanctions yet. The futures contract for Brent crude, the international benchmark, fell by around 1.4% to…
The Economically Sensitive Materials Sector Is Breaking Out
Basic Materials broke out of a multi-month consolidation, with unusually broad strength in copper and agricultural input stocks creating several attractive trend-trading setups. The strength in economically sensitive Materials supports the…
Money Quote: Economic Pain Crossing the Border
Stock Market News, Aug. 24, 2026: Oil Maintains Declines After Bessent Outlines Plan to Squeeze Iran wsj.com 📣 “President Trump wants to inflict pain on Canadians.... Well unfortunately, we have to inflict pain on Americans.”…
Trump claims Iran 'collapsing' as US threatens 'economic D-Day
US President Donald Trump said Monday that Iran was 'collapsing' as Washington prepared to announce the details of a new economic pressure campaign that Tehran has derided as an admission of defeat. SCROLL TO CONTINUE WITH CONTENT Almost six months…
Iran's rial slump sets stage for Donald Trump's economic 'D-Day'
The rial fell to a record 2.02 million to the dollar on Monday, setting the stage for President Donald Trump's so-called 'economic D-Day'—his latest gambit to bring the months-long conflict with Iran to a conclusion. Trump has said his two…
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