Newsletter
International Monetary Fund sees Oil Prices going Up
Oil prices are not expected to soar sharply over the next year and stay in the $ 40- $ 50 per barrel range, putting additional pressure on Middle East oil exporters, the International Monetary Fund (IMF) said in its update on Monday regional economic outlook …
Kinross Gold aims to produce over 2.5m ounces of gold per year
In an update to its long-term production guidelines, Kinross Gold (KGC + 1.4%) says it expects to produce an average of 2.5 million gold equivalents per year over the 2020-29 period. Kinross also reiterates the earlier forecast that production will increase …
Half of all multiple sclerosis patients now use cannabis
According to a study by researchers at the University of Michigan, more than 40% of patients with multiple sclerosis have used cannabis or cannabinoid products in the past year. The study, titled "Cannabinoid Use Among Americans With MS: Current Trends and …
US Telecom giants are about to start the 6G revolution
Although the development of 5G networks is still in its infancy, North American operators like T-Mobile (NASDAQ: TMUS), Verizon Communications (NYSE: VZ), AT&T (NYSE: T) and US Cellular (NYSE: USM) as well as technology companies are thinking already after 6G. …
General Motors will shifts its Tennessee production to electric vehicles
General Motors (NYSE: GM) 's Spring Hill, TN assembly plant will be the company's third manufacturing facility to manufacture electric vehicles. The new Cadillac LYRIQ will be the first EV to be produced in Spring Hill, and production of the traditionally …
Merck is setting up a new BCG factory in North Carolina
Merck (NYSE: MRK) announced plans to build a new manufacturing facility in North Carolina to expand manufacturing capacity of TICE®BCG, a drug used to treat bladder cancer. For years the company was the main producer of the elusive oncological drug, but its …
Bidens Plans could mean the end for Natural Gas in the US
While Joe Biden was busy talking from both sides of his mouth about what position he would take if he were chosen to fracking, another revelation has surfaced: Regardless of his position on fracking, his $ 2 trillion plan could go for clean energy for natural …
Three stocks that are at the forefront of the next gold boom
It's not difficult to find reasons to like gold right now. For starters, in 2020 the yellow metal has outperformed all other major assets to date. Here is the scoreboard for the year to date as of this weekend: gold + 23.7%, government bonds + 6.3%, investment …
Legalization turns two in Canada
Two years ago Canada became the second country in the world to legalize the sale of recreational marijuana. Since then, the country has also paved the way for legal edibles, cannabis-infused beverages, and vape pens, but the newly legal cannabis market is …
Nigeria is about to pay back 3bn USD to oil majors
Nigeria's government says it has refunded $ 3 billion to oil companies like Exxon Mobil (NYSE: XOM) and Royal Dutch Shell (RDS.A, RDS.B), getting closer to settling operating costs arrears since 2010. The payments will be made under a five-year crude oil sales …