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Global markets news: The US stock market is witnessing one of its steepest losses in recent times following President Donald Trump’s tariff salvo against countries across the globe. Trump’s reciprocal tariffs on the US’s key trading partners have stoked fears that a full-blown trade war could severely hurt global economic growth, revive inflationary pressures, erode…
BEIJING, March 23 (Reuters) – China Petroleum & Chemical Corp , known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated development of the new energy vehicle (NEV) industry. The world’s largest oil refiner by capacity posted a net income of 50.3 billion yuan…
