{
}
EPA chief Lee Zeldin has announced a significant rollback of 31 environmental regulations, claiming it to be the largest deregulatory action in U.S. history. This move aims to boost the economy by ensuring affordable energy and reducing reliance on electric vehicles, which currently face consumer skepticism and market challenges. Public outrage over climate mandates appears to be waning, with growing skepticism about the urgency of climate change initiatives.
HSBC chair Sir Mark Tucker stated that "globalisation as we knew it may have now run its course," citing trade and geopolitical tensions that could reshape economic ties among regional groups and trade blocs. He emphasized that while the world won't regress into de-globalisation, new opportunities will arise, particularly among the expanding Brics group, which now includes additional countries like Iran and the UAE. Tucker noted that economic connectivity between Asia and the Middle East is expected to increase significantly in the coming years.
Fermaca Global is set to invest $3.7 billion in data infrastructure and a fertilizer plant in Durango, Mexico. The project includes a $2.7 billion Digital City initiative, which will establish a 2,000-kilometer dark fiber network connecting Texas to central Mexico, with a commitment of $100 million from Fermaca. The network will be developed in four phases over 15 to 18 months, supported by long-term contracts with major tech and telecom companies.
LG Innotek plans to mass-produce key components for humanoid robots by 2026, with production volumes potentially increasing tenfold annually from 2027 or 2028. CEO Moon Hyuk-soo highlighted the company's focus on robot hands, joints, and camera components as a significant growth opportunity. He also addressed concerns about potential tariffs on products made in Mexico and predicted a recovery in EV demand by the end of 2025.
Gold prices have surged, with UBS raising its forecast to $3,200 per ounce amid ongoing trade tensions and market uncertainty. While gold has gained over 14% year-to-date, platinum has struggled, down 3.39%, as ETFs offload the metal. Analysts remain bullish on gold, citing strong demand and central bank purchases, despite potential risks from India's gold bond program and fluctuating investor sentiment in China.
UBS has upgraded Nucor and Steel Dynamics to Buy, citing increased U.S. steel trade protections and a positive price outlook, raising price targets to $160 and $149, respectively. Despite a recent drop in steel equities, UBS anticipates a recovery in demand and higher prices, projecting U.S. hot-rolled coil prices to average $800 per short ton by 2026-2028. The firm remains cautious on rebar and Commercial Metals Company due to expected supply growth pressures.
UBS has upgraded Nucor and Steel Dynamics to "Buy," citing strengthening US trade protections and higher price expectations for steel, while maintaining a "Neutral" stance on Commercial Metals Company. Price targets have been set at $160 for Nucor and $149 for Steel Dynamics, with expectations of US hot-rolled coil prices averaging $800 per short ton by 2026-2028, supported by tariff updates and rising scrap prices. Despite recent declines in the sector, UBS sees an attractive entry point for investors, anticipating a stabilization in demand and earnings growth through 2025.
UBS has lowered its price target for Archer-Daniels-Midland from $64 to $55 while maintaining a neutral rating. The company is a major player in transforming agricultural products into food ingredients, fuels, and industrial products, with net sales primarily from agricultural services (77.8%) and a significant presence in the U.S. (39.2%).
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
BNP Paribas Exane has raised its price target on Hershey Company to $167 from $157 while maintaining a neutral rating. Hershey specializes in chocolate-based products and candies, with 81.7% of net sales from confectionery, 9.8% from snacks, and 8.5% from international activities. The company operates 13 production sites across the U.S., Mexico, and Malaysia.
MEX
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
trump and zeldin reshape us environmental policy amid growing public skepticism
United States Dollar
IND
MEX
CHN
USA
Joe Biden
Greta Thunberg
Stacey Abrams
Al Gore
Donald Trump
Alexandria Ocasio-Cortez
Lee Zeldin
Show more
10:00 25.03.2025
globalisation may be ending as trade tensions reshape economic ties
Chinese Yuan
Mexican Peso
United States Dollar
RUS
ARE
EGY
MEX
CAN
IDN
BRA
CHN
IND
ZAF
IRN
ETH
HKG
Mark Tucker
Donald Trump
Show more
07:17 25.03.2025
Fermaca announces 3.7 billion dollar data and fertilizer projects in Mexico
06:30 25.03.2025
lg innotek to start mass production of humanoid robot parts by 2026
03:30 25.03.2025
gold prices soar as market uncertainty drives safe haven demand
United States Dollar
Citigroup Inc.
Macquarie Group Ltd
Kaiser Reef Ltd
SCOTUDI C1E
Kinross Gold Corp.
SSR Mining Inc.
Equinox Gold Corp.
Galiano Gold Inc.
New Gold Inc.
B2Gold Corp.
Calibre Mining Corp.
Catalyst Metals Limited
Bank of America Corporation
IND
AUS
USA
CHN
MEX
Giovanni Staunovo
Wayne Gordon
Imaru Casanova
Show more
17:18 24.03.2025
ubs upgrades steel stocks on tariff support and positive price outlook
United States Dollar
Steel Dynamics, Inc.
Commercial Metals Company
Nucor Corp
CHN
USA
CAN
MEX
Show more
16:46 24.03.2025
ubs upgrades nucor and steel dynamics on tariffs and price expectations
Chinese Yuan
Canadian Dollar
United States Dollar
Steel Dynamics, Inc.
Commercial Metals Company
Nucor Corp
CHN
USA
CAN
MEX
Show more
16:16 24.03.2025
ubs lowers price target for archer daniels midland to fifty five dollars
14:26 24.03.2025
Morgan Stanley announces management changes for China A Share Fund
United States Dollar
Citigroup Inc.
National Australia Bank Ltd
Morgan Stanley
Deutsche Bank RV Global PP
HKG
ASM
SWE
PCN
TTO
IRL
HTI
CHE
SVN
FRO
GRC
NIC
CUW
BRB
LUX
FIN
BMU
NIU
BHS
USA
CHN
HRV
SLV
VIR
IOT
GRD
BVT
NLD
SXM
NOR
BGR
ITA
IND
ATF
REU
DMA
KNA
JAM
EST
AUS
GUM
ROU
AUT
CUB
CHL
BRA
HND
BEL
MSR
ARG
LTU
SVK
TCA
CRI
VCT
FLK
CZE
TKL
DNK
ATG
PRT
GTM
FRA
MEX
GBR
HUN
ECU
IMN
ABW
BES
BOL
SGS
CAN
BLM
GGY
CCK
ATA
PAN
SPM
JEY
GLP
POL
AIA
WLF
CYM
DOM
URY
ESP
LVA
VEN
GIB
SJM
LCA
PRY
PER
SHN
DEU
NCL
NFK
CYP
PYF
PRI
MLT
MNP
COL
MTQ
MYT
GRL
Show more
13:46 24.03.2025
bnp paribas exane raises price target on hershey company to 167 dollars
11:16 24.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Banking Regulations
Global Financial Events
Market Analysis and Predictions
Retail and Consumer Goods
CEO Changes
Financial Scams and Security
Global Trade Developments
Central Bank Actions
GDP Growth & Recession Forecasts
Industry Mergers & Acquisitions
Government Policies
Hedge Funds & Private Equity
Inflation and Monetary Impact
Workplace Trends
Government Economic Policies
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Wells Fargo & Company
Barclays PLC
Citigroup Inc.
Morgan Stanley
Deutsche Bank Money Market PP
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
American Express Company
UBS Group AG
AMERICAN EXPRESS
Northern Trust Corporation
Amazon.com, Inc.
AXA SA
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Indian Rupee
Japanese Yen
Canadian Dollar
Australian Dollar
Russian Ruble
Mexican Peso
Saudi Riyal
United Arab Emirates Dirham
Indonesian Rupiah
Hong Kong Dollar
Danish Krone
Offshore Chinese Yuan
Singapore Dollar
Ghanaian Cedi
South Korean Won
People: