Business
Chile’s Economic Forecast: 3% GDP Growth for 2027-2028
Chile's finance ministry projects 3% GDP growth for 2027-2028, rising to 3.5% by 2030, with copper prices expected to average 5.50 dollars per pound through 2030.
Category: Business
Follow market trends, company news, and economic insights to help you understand today’s business world.
Business
Oracle Stock Drops 10% After 20B Dollar Equity Raise Plan
Oracle beat Q4 earnings with 2.03 dollars per share but stock fell 10% on plans to raise 20 billion dollars more for AI infrastructure. Revenue hit 19.18 billion dollars.
Business
Bank of Canada Holds Rate at 2.25% as Economy Slows
Bank of Canada kept its overnight rate at 2.25% for the fifth time as Governor Macklem balances weak growth, 2.8% inflation, and trade uncertainty. What it means for Canadians.
Business
SpaceX IPO Forces Stock Rotation: Buy These 8 Instead
Wall Street strategist warns SpaceX's 1.75 trillion dollar IPO will force institutions to sell mega-cap tech to fund allocations. Eight public stocks offer exposure now.
Business
Oracle Reports Higher Profit on Surging Cloud Revenue
Oracle posted Q4 earnings of 2.11 dollars per share, beating estimates on 47% cloud revenue growth to 9.9 billion dollars and 638 billion in contracted future revenue.
Business
Markets React to U.S.-Iran Escalation: Oil, Equities Fall
U.S.-Iran military strikes on Feb 28 halted Strait of Hormuz traffic, sending oil to 90 dollars and equities down 1.5%. Analysis of supply risks and market impact.
Business
Rising Costs Shrink FMCG Firms’ Q1 Earnings by 100-430 bps
Major FMCG companies saw operating margins contract 100-430 basis points in June 2025 as copra, palm oil, and wheat inflation outpaced limited pricing power.
Business
Markets React to U.S.-Iran Escalation: Oil Soars
Global equities drop 1.5% as U.S.-Iran tensions push oil to 93.10 dollars per barrel. Inflation fears rise ahead of CPI data and Fed policy decisions.
Business
Rising Production Costs Shrink FMCG Firms’ Q1 Earnings
Fast-moving consumer goods firms report sharply squeezed Q1 2026 profit margins as surging input costs for copra, palm oil and wheat collide with cautious pricing strategies.
Business
Tech Stocks Tumble Amid Geopolitical Tensions and Inflation
Technology stocks plunged June 9, 2026, with the Nasdaq dropping 448.73 points as inflation hit a three-year high and Iran tensions escalated, pushing oil toward 95 dollars.
Business
Currency Firm Boosts Payments 73%, Exits Canada 2026
Currency Exchange International increased payment volumes 73% while closing its Canadian banking unit. Analysis of strategic shifts reshaping forex and payment services.
Business
Will the AI boom lead to lower interest rates?
Federal Reserve officials clash over whether AI's productivity gains justify rate cuts or require higher borrowing costs as one trillion dollars in annual spending creates inflation.
Business
Will the AI boom lead to lower interest rates?
Kevin Warsh advocates AI-driven rate cuts, but Fed officials warn massive AI investment may drive inflation higher. Current spending hits 750 billion dollars annually.
Business
New Zealand’s Economic Tightrope: Balancing Inflation and
New Zealand faces rising inflation and unemployment as the Reserve Bank prioritizes inflation control, impacting voter sentiment ahead of the election.
Business
New Zealand Election: Inflation vs. Jobs Debate Heats Up
New Zealand faces 4.3% inflation and 5.4% unemployment ahead of the November election. The Reserve Bank's mandate debate could decide the outcome.
