Turkey Takes Steps to Stop Flow of Western Goods to Russia
Istanbul, Turkey — Turkey has taken steps to stop the flow of Western goods to Russia in compliance with US sanctions. The Turkish government has ordered customs officials to block…
Elon Musk: Tesla to build new battery factory in Shanghai
Tesla is planning to build a new battery factory in Shanghai, China. The news was announced by CEO Elon Musk in July 2021 during the company’s second-quarter earnings call. Musk…
B.C. Homeowners Grapple with Soaring Mortgage Costs Amidst Interest Rate Hikes
In a recent financial shockwave, interest rate hikes have delivered a substantial blow to homeowners in British Columbia, leaving many struggling to manage skyrocketing mortgage payments. One couple from the…
Saudi Arabia plans to extend oil cut by 1 million barrels per day until the end of the year
(September 5, 2023) — Saudi Arabia announced on Tuesday that it will extend its voluntary oil production cut of 1 million barrels per day for another three months, until the…
Who Is James Gorman? Morgan Stanley CEO, Taylor Swift Booster
James Gorman is the CEO of Morgan Stanley, one of the largest investment banks in the world. He has been with the company since 2006 and assumed the role of…