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VW Approves Plan for 50K More Layoffs, US Retail Diesel Hits Record | The Opening Trade 9/4/2026
Volkswagen’s supervisory board backed a sweeping restructuring that calls for 50,000 additional job cuts, far fewer models and a smaller industrial fo...
Sep 04, 2026 · StaffOriginally on Wedgetail
'Secretive' UAE and Swiss-based firms reportedly major crude suppliers to Israel
'Secretive' UAE and Swiss-based firms reportedly major crude suppliers to Israel Two little-known oil traders, Vitol and Heritage Petroleum FZCO, have...
Sep 04, 2026 · StaffOriginally on Wedgetail
Russia raises share of China's oil imports to record 23%
Russia supplied 67 mln metric tons of oil to China in the first seven months of 2026, Rosneft CEO Igor Sechin said
Sep 04, 2026 · StaffOriginally on Wedgetail
Six reasons that the risk of a stock-market selloff is rising. Here’s what investors should be doing.
Many markets are priced for perfection warns Longview Economics.
Sep 04, 2026 · StaffOriginally on Wedgetail
Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips
Nvidia’s $12.9 billion Hugging Face deal could protect its open AI ecosystem, deepen ties with developers and keep the platform from rivals.
Sep 04, 2026 · StaffOriginally on Wedgetail
Soaring Jet Fuel Prices Cool Investor Appetite for Airline Bonds
As the US-Iran battle escalates, surging jet fuel prices are driving up borrowing costs for airlines, further dimming the prospects for smaller Americ...
Sep 04, 2026 · StaffOriginally on Wedgetail
Governments keep trying to calm global markets. Why that should worry investors.
Government interventions, such as currency buying and bond buybacks, are supposed to reassure markets. But lately, they are doing the opposite.
Sep 04, 2026 · StaffOriginally on Wedgetail
Chinese tech firms deepen ties in Saudi Arabia
Chinese AI, robotaxis, and factories are all coming to the kingdom (if they aren’t already there).
Sep 04, 2026 · StaffOriginally on Wedgetail
Dimon and Dalio RSVP to Saudi's flagship investment summit
Saudi Arabia’s flagship investment conference has published its RSVPs nearly two months out.
Sep 04, 2026 · StaffOriginally on Wedgetail
Saudi's $8.1B beauty market dominates Gulf
The boom is being driven by Saudi women’s rising disposable income.
Sep 04, 2026 · StaffOriginally on Wedgetail
Potential midterm-election chaos can roil markets. Here’s one trader’s play.
Buying portfolio insurance to protect against falls in the market — if the outcome of the midterm elections is disputed — is so obvious to Kevin Muir,...
Sep 04, 2026 · StaffOriginally on Wedgetail
Kiev’s latest push for funds, missiles stalls in Brussels — Politico
According to the report, Kiev is running out of money and sources from which to obtain new interceptor missiles
Sep 04, 2026 · StaffOriginally on Wedgetail