Blog - Markets

Volvo Cars Reports 5% Decline in January Sales Due to Chinese New Year Timing

Feb 4, 2025

Volvo Cars saw a 5% drop in January sales, largely due to Chinese New Year timing, despite a 17% rise in electrified vehicle sales.

Panasonic's Energy Division Reports Strong Q3 Performance Amid U.S. Expansion

Feb 4, 2025

Panasonic's energy division achieves a 39% rise in Q3 operating profit, bolstered by enhanced U.S. plant performance and increased energy system sales.

Mexico Sees a 23% Surge in Battered Fish Fillet Imports, Reaching An Unprecedented $244M in 2023

Feb 4, 2025

Imports of Battered Fish Fillet reached a peak and are projected to keep rising in the near future, with a value of $244M recorded in 2023.

Eurasian Resources Group Overhauls Operations Amid Cobalt Market Struggles

Feb 3, 2025

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ERG revamps its operations due to cobalt market challenges, focusing on DRC permits and potential Mozambique asset sales.

Ford Faces 6.3% Decline in U.S. Sales Amidst Growth in Electrified Vehicles

Feb 3, 2025

In January, Ford's U.S. sales declined by 6.3%, primarily due to reduced demand for ICE vehicles. However, Ford's electrified vehicle sales rose by 20%, reflecting a shift towards sustainable options.

Energizer Holdings Set to Release Quarterly Earnings Report

Feb 3, 2025

Energizer Holdings (NYSE:ENR) anticipates 1.5% revenue growth in its upcoming earnings report, signaling potential recovery amidst broader industry dynamics.

Ecopetrol Renews Joint Venture with Occidental Petroleum in the U.S. Permian Basin

Feb 3, 2025

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Ecopetrol has renegotiated its oil joint venture with Occidental Petroleum in the Permian Basin, planning substantial investments and increased production, impacting the global oil market.

OPEC+ Maintains Oil Supply Curbs Amid Market Uncertainty

Feb 3, 2025

OPEC+ continues its strategy of oil supply curbs to stabilize prices, amid market uncertainty and geopolitical challenges.

Taiwan Supports Foxconn Amid US Tariff Hikes

Feb 3, 2025

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Taiwan aids Foxconn in response to Trump's tariff increases, ensuring robust tech supply chains by shifting production to Mexico and enhancing US market presence.

US Oil Refiners Shift Focus Amid Rising Tariff Challenges

Feb 3, 2025

US oil refiners are pivoting to new crude sources amid rising tariffs on Canadian and Mexican imports, impacting global trade routes and costs.

Stellantis Announces Strategic Internal Overhaul

Feb 3, 2025

Stellantis announces a major internal reorganization to enhance efficiency, integrating software and engineering while empowering regional leaders, amidst leadership changes.

Cells and Batteries; Lithium Export in South Africa Set to Rise Sharply, Reaching $14 Million by 2024.

Feb 3, 2025

As a result, the exports attained the peak of 1.4M units, and then shrank significantly in the following year. In value terms, Cells and batteries; lithium exports soared to $26M in 2024.