April 28, 2025

global recession

Investors

This is Why Investors Should Exercise Caution With Petrobras

Energy stocks have had a rough ride lately. With concerns mounting over a global recession, oil demand expectations are under pressure—and prices have reflected that sentiment. Among the sector’s big names, Petrobras PBR has fallen more than 12% year to date, underperforming ExxonMobil XOM and Shell‘s SHEL 7.1% and 4.6% decline, respectively. While the entire

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Finance

Trump’s finance chief rejects US recession fears

Scott Bessent, the US treasury secretary, and Howard Lutnick, the commerce secretary, with Donald Trump at the White House – Elizabeth Frantz/Reuters Donald Trump’s finance chief has rejected fears of a US recession despite the president’s trade war sparking a $6 trillion (£4.7 trillion) stock market collapse. Scott Bessent, the treasury secretary, said on Sunday

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