International Markets

Maersk container ship

US Trade Deficit Grew Handily in August

The reading on international trade, known as the U.S. trade deficit to those who have been watching the reading since the 1980s and 1990s, came in at -$48.3 billion in ...
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Arab oil

Middle East Sovereign Wealth Funds, Reserves Taking a Beating

Low oil prices may have cost the government of Saudi Arabia more than $70 billion in the past six months. Qatar’s sovereign wealth fund has taken paper losses of up ...
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JASSM-B2 Lockheed

When Putin Talks Tough, Lockheed Benefits

Lockheed Martin Corp. (NYSE: LMT) may be adding Russian President Vladimir Putin to its Christmas card list this year. Putin’s tough talk and muscle-flexing have ratcheted up fears of what ...
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Open pit mine

Will Glencore Survive?

Barely two weeks ago, mining and commodity trading giant Glencore placed an offering of more than 1.3 billion new ordinary shares at 125 pence per share (about $1.90) with existing ...
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BMW Defends Diesel Technology

While it is still too early to assess all the damage caused by the revelations of Volkswagen’s cheating on emissions testing of its diesel engines, no one doubts that the ...
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Will 3 Days in a Row of Market Holidays in Japan Be Felt in Asian Equities?

Japan has endured one of the greatest efforts of quantitative easing measures. Abenomics has tried and tried to rekindle some inflation and growth in Japan, but now the Asian equities ...
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Open pit mine

Glencore Places $2.5 Billion in Share Offering

Mining and commodity trading giant Glencore announced Wednesday morning that it had placed a total of more than 1.3 billion new ordinary shares in the London-traded company with existing and ...
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United Nations Securty Council

UN General Assembly Adopts Plan to Reform Security Council

Couched in language that took 23 years to reach agreement on, the United Nations General Assembly on Monday adopted by consensus a negotiating text that sets the stage for adding ...
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Volkswagen Golf 2015

Ford, GM European Sales Rise in August

The European Automobile Manufacturers Association (ACEA) reported that new vehicle registrations in the European Union rose 11.2% year over year in August and were up 8.6% for the year to ...
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Puerto Rico

Will Higher Revenues Move the Needle for Puerto Rico?

Any time a nation has higher revenues, it sounds great for its credit ratings and financial footing. The question to ask in the case of Puerto Rico is if higher ...
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nuclear power plant

Iran Sends Nuclear Chief to Atomic Energy Conference

When the International Atomic Energy Agency (IAEA) begins its week-long conference in Vienna Monday, Ali Akbar Salehi, head of the Atomic Energy Organization of Iran (AEOI), will lead a delegation ...
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Eurofighter Typhoon

Does Kuwait Buy of Eurofighter Planes Dash Boeing Hopes?

A partnership among the U.K.’s BAE Systems, Italy’s Finmeccanica and Airbus, known as Eurofighter, is reported to be about to close a deal with Kuwait for 28 of Eurofighter’s Typhoon ...
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Open pit mine

Mining and Trading Giant Glencore Abandons Dividend to Cut Debt

London-traded Glencore paid more than $44 billion for Xstrata in a deal that closed just over two years ago. Glencore first offered to buy Xstrata in early 2012, before the ...
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Trouble Brewing in Boeing Freighter Market?

Air cargo volumes are either growing slowly or shrinking slowly, depending on your point of view. In either case, though, this is not good news for Boeing Co. (NYSE: BA). On ...
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cargo ship

Positive International Trade Report Lifts Preliminary GDP Estimates

In the most recent international trade release, the nation's trade gap narrowed to a nearly as expected $41.9 billion in July, after an upward revised gap of $45.2 billion was ...
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