News & Perspective
Keep current on recent E.J. McKay news & industry trends.
Saudi Aramco’s full-year profit more than doubles on soaring oil prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion. Aramco’s 2021 net income increased by 124% to $110 billion…
LME nickel more than doubles, tops $100,000T on Russia supply risks
The London Metal Exchange (LME) cancelled nickel trading on Tuesday after an unprecedented 250% price spike triggered by Western sanctions against Russia. Soared To A Record Prices for the metal, mainly used in stainless steel,…
U.S. crude oil tops $130 a barrel, a 13-year high on possible Western ban of Russian oil
U.S. crude oil surged more than 8% in early trading on Sunday evening as the market continued to react to supply disruptions stemming from Russia’s ongoing invasion of Ukraine and the possibility of…
How the SWIFT System Works
Need to transfer money overseas? Today, it is easy to walk into a bank and transfer money anywhere around the globe, but how does this happen? SWIFT for Electronic Funds Transfers Behind most…
Beijing Winter Olympics embodies an ideal world
Athletes parade during the closing ceremony of the Beijing 2022 Olympic Winter Games at the National Stadium in Beijing, capital of China, Feb. 20, 2022. The Beijing Olympic Winter Games, which ends on…
Eileen Gu Wins Olympic Gold in Freeski Big Air at 18 Years Old
18-year-old California native Eileen Gu has won gold in the 2022 Beijing Olympics big air event becoming the youngest freestyle skiing gold medalist in Olympics history. Go For Gold Representing China in this year’s games, Gu was in third…
