Amazon's Prime Big Deal Days On Oct. 10-11

Amazon.com, Inc.’s Prime Big Deal Days are here on October 10 and 11, offering Early Holiday Deals exclusively for Prime members. Beginning on October 10 at 3 a.m. EDT, Prime members can start their shopping early this upcoming season. Along with the United States, Prime Big Deal Days are available in 18 other countries, such as Australia, Austria, Belgium, Brazil, […]

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UK Retail Sales Recover In August

UK retail sales expanded in August on food and non-food store sales after wet weather hit footfall in July, official data showed on Friday. Retail sales posted a monthly growth of 0.4 percent, in contrast to the 1.1 percent decline seen in July. Nonetheless, sales volume was slightly weaker than economists’ forecast of 0.5 percent rise. Excluding auto fuel, retail […]

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Gulf of Mexico: Oil and Gas vs Wind Energy

In late August, the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) completed its first auction of wind energy development rights in the U.S. portion of the Gulf of Mexico. It was not a resounding success; only one of three available leases received a bid. (These 20 American companies have the worst reputations.) That single bidder, Germany’s […]

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New US Package To Strengthen Ukraine's Air Defense Capabilities

President Joe Biden has announced a new package of military assistance that includes significant air defense capabilities to help Ukraine protect its people from Russia’s continued aerial attacks. The $325 million arms package was announced just after Russia launched another wave of airstrikes against five cities in Ukraine that hit critical civilian infrastructure and knocked out power in many parts […]

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German House Prices Fall Most Since 2000

House prices in Germany declined in the second quarter at the fastest pace since 2000, adding further evidence to the adverse impact of rising interest rates on the real estate market in the biggest euro area economy. Prices of residential property decreased by an average 9.9 percent year-on-year, the statistical office Destatis said Friday. This was the biggest annual fall […]

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Wall Street Might Open Broadly Up

Investors might be focusing on Import and Export prices, Industrial Production and Consumer Sentiment on Friday. Early trends on the U.S. Futures Index suggest that Wall Street might open mostly up. Asian shares finished mostly higher, while European shares are trading higher. As of 7.55 am ET, the Dow futures were up 64.00 points, the S&P 500 futures were adding […]

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No signs of systemic risk build-up in bank credit: RBI’s Michael Patra

India’s bank credit remains resilient and is showing no signs of systematic risk, Reserve Bank of India (RBI) Deputy Governor Michael Patra said on Monday. A copy of the speech was uploaded on the RBI website on Thursday. “Bank credit is monitored as a lead indicator of overheating. Our assessment, based on a menu of approaches, indicates that current rates […]

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