China To Accelerate The Construction Of Coal-Fired Power Plants

The US-Israeli war against Iran is already expanding into Lebanon with an Israeli ground invasion of southern Lebanon, but Reuters is now reporting that the Trump Administration is keen to drag Syria into the conflict as well, encouraging its Islamist government to invade Lebanon and fight Hezbollah. Citing multiple Syrian officials familiar with the situation, […]

Air Freight Rates To Spike As Iran War Escalates By Eric Kulisch of FreightWaves The war launched by the United States and Israel against Iran on Saturday is already disrupting air cargo traffic in the Middle East, a key freight corridor between Asia and Europe where two of the world’s largest cargo airlines are based, and raising the potential for a rise in air freight rates.  Airlines are suspending flights, rerouting traffic around the conflict zone and unable to use key transload hubs in Dubai, Abu Dhabi and Qatar because of retaliatory...

Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag" Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market. The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market....