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Apr 15, 2026 / Tyler Durden
Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears
Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears
BRP's US-listed shares crashed the most on record as the US cash session began, after the jet ski and snowmobile maker withdrew its financial outlook.
The company warned that changes in the US tariff environment surrounding steel, aluminum, and copper could result in a $500 million hit before any mitigation efforts.
BRP wrote in a statement:
For BRP, the amendment mainly leads to a 25% tariff on the total value of imported snowmobiles and the majority of ORV models, replacing the...
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Mar 5, 2026 / Tyler Durden
Iran War Puts Ukraine Peace Talks On Hold, As Gulf Venue Under Attack
Iran War Puts Ukraine Peace Talks On Hold, As Gulf Venue Under Attack
The Russia-Ukraine war, having just last month entered its fifth year, continues experiencing spillover effects from the Trump-ordered Operation Epic Fury in Iran. Ukrainian President Volodymyr Zelensky has newly announced (overnight) that trilateral peace talks with Russia and the United States are on hold due to the Iran war.
In his nightly address, Zelensky said Ukraine remains in constant contact with Washington but the diplomatic process has paused: "We continue to engage with the United States practically on...
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Apr 17, 2026 / Tyler Durden
Drone Attack On Russia's Tuapse Oil Refinery Unleashes Fire So Large It Can Be Seen From Space
Drone Attack On Russia's Tuapse Oil Refinery Unleashes Fire So Large It Can Be Seen From Space
Russia and Ukraine have continued trading blows on key oil and energy sites, with the latest being a drone attack targeting Russia's Tuapse Oil refinery, which unleashed a fire so large it can be picked up by satellites in space.
The refinery is owned by Rosneft and has suffered major attack before, in a March 2025 Ukrainian operation. Local authorities have declared a state of emergency, after schools and residential buildings suffered damage, and all...
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