The US stock market ended slightly higher on Monday, as investors weighed the prospects of a soft landing for the economy amid easing inflation pressures...
Global markets fall as inflation fears and supply chain woes persist
Global stock markets declined on Wednesday as investors remained worried about rising inflation and supply chain disruptions amid the ongoing pandemic. The US Federal Reserve...
Russian Economy Grows for Second Consecutive Quarter Despite Sanctions and Inflation
Russia’s economy grew for a second consecutive quarter despite high inflation and Western sanctions that have weakened the ruble, official data showed Wednesday. The economy expanded...
Qianhai: China’s fading dream of a global financial hub
Qianhai, a special economic zone in Shenzhen, was once hailed as China’s gateway to the global financial market and a symbol of its economic miracle....
Stocks rally on subdued inflation data, Fed signals no rate hike
The U.S. stock market ended higher on Wednesday, extending its rally from the previous session, as investors welcomed another round of subdued inflation data and...
Brick-and-mortar merchants face challenges as retail sales slow down
The retail sector in the US has been hit by a slowdown in sales growth, as consumers face higher prices, supply chain disruptions, and uncertainty...
Australian economy adds twice as many jobs as expected as unemployment rate rises to 3.7%
The Australian economy created 64,900 new jobs in October, more than double the market expectations, as the labour market continued to recover from the impact...
Apple faces setback in EU court over €14.3bn Irish tax case
The European Union’s top court has dealt a blow to Apple’s hopes of overturning a €14.3bn tax bill in Ireland, as an adviser to the...
Zelle to refund customers who fell victim to imposter scams
Zelle, a popular payment app owned by seven major U.S. banks, has announced that it will refund customers who lost money to imposter scams, a...
Fnality Secures $95 Million in Series B Funding for Tokenized Cash Platform
Fnality International, a fintech company that aims to use blockchain technology to facilitate cash transfers between financial institutions, announced on Monday that it had raised...
FTX Foundation employee sues for unpaid bonus after founder’s arrest
A former employee of the FTX Foundation, the charitable arm of the bankrupt cryptocurrency exchange FTX, has filed a lawsuit against the foundation and its...
Motozite: Making Luxury Vehicles Accessible
Motozite, an IIM Lucknow-incubated startup, is making luxury vehicles accessible to everyone through its online platform. The company offers a one-stop solution for buying, selling,...
US and Indonesia to Explore Potential Partnership on EV Minerals
The United States and Indonesia are set to discuss the possibility of a trade deal for critical minerals that are essential for electric vehicle (EV)...
Automobile and real estate markets in Nashik get a festive boost
The city of Nashik in Maharashtra has witnessed a surge in the sales of automobiles and real estate properties during the auspicious days of Dhanteras...
BYD: How China’s battery maker became a global leader in electric vehicles
BYD, or Build Your Dreams, is a Chinese company that started as a battery maker and later became one of the world’s largest electric vehicle...
Geely and Proton join forces to boost EV market in Southeast Asia
Geely, one of the leading automakers in China, has partnered with Proton Holdings, a Malaysian car company, to tap into the growing electric vehicle (EV)...