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Category: Business

By Rian LordIn News, BusinessPosted August 30, 2023

Pound Sterling rises as US yields fall and UK inflation expectations increase

The British pound (GBP) gained some ground against the US dollar (USD) on Tuesday, as the greenback weakened amid lower US Treasury yields and disappointing...

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By Rian LordIn News, BusinessPosted August 30, 2023

Natural Gas Price Rises for Fifth Day Despite US Dollar’s Bounce

Natural gas price (XNG/USD) extended its rally for the fifth consecutive day on Tuesday, reaching a two-week high of $2.82 amid strong demand and supply...

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By Rian LordIn News, BusinessPosted August 30, 2023

Unilever wins legal battle over Ben & Jerry’s boycott of Israeli settlements

A federal judge in New York has dismissed a lawsuit filed by a group of shareholders against Unilever, the parent company of Ben & Jerry’s,...

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By Rian LordIn News, BusinessPosted August 28, 2023

Fortescue Metals loses its CEO amid renewable energy shift

Fiona Hick, the chief executive officer of Fortescue Metals Group, has resigned from her position after only six months in the role. The Australian iron...

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By Rian LordIn News, BusinessPosted August 28, 2023

Saudi Oil Driller Plans to Raise $1 Billion in Riyadh IPO

Saudi Arabia’s Ades International Holding, a provider of oil and gas drilling and production services, is set to launch its initial public offering (IPO) in...

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By Rian LordIn News, BusinessPosted August 28, 2023

China’s economic slowdown hits corporate earnings and outlooks

China’s economic slowdown is taking a toll on the performance and prospects of its corporate sector, especially in the financial and property industries, which are...

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By Rian LordIn News, BusinessPosted August 28, 2023

Japan’s Startups to Benefit from Easier Stock-Option Tax Rules

Japan’s government and ruling Liberal Democratic Party have announced plans to ease the tax rules for stock options granted by startups to their employees and...

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By Rian LordIn News, BusinessPosted August 28, 2023

ZIM Integrated Shipping Services Gets a Boost from Industrial Alliance Investment Management

Industrial Alliance Investment Management Inc., a Canadian financial services company, has increased its stake in ZIM Integrated Shipping Services Ltd., an Israeli container shipping company,...

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By Rian LordIn News, BusinessPosted August 28, 2023

Japanese distillers get loans backed by whisky and sake NFTs

Japanese lenders are tapping into the common feature of whisky and other fine spirits that take time to mature, to extend distillers financing. One approach...

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By Rian LordIn News, BusinessPosted August 28, 2023

Polestar 4 EV to feature Mobileye’s hands-off autonomous driving technology

Polestar, the performance electric vehicle brand from the Geely Group, has announced that it will collaborate with Mobileye, a leader in autonomous driving technology, to...

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By Rian LordIn News, BusinessPosted August 28, 2023

Rafael’s Record Earnings Boosted by Air Defense System Sales

Rafael Advanced Defense Systems, a government-owned defense company in Israel, has reported record earnings and order backlog for the second quarter and the first half...

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By Rian LordIn News, BusinessPosted August 28, 2023

Gold Price Maintains Its Upward Trend Amid Global Uncertainty

Gold price has been showing a positive stability in the past few days, as it attempted to break the 1913.15 level on Friday but ended...

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By Rian LordIn News, BusinessPosted August 28, 2023

Oil Prices Face Resistance as Demand Growth Slows Down

Crude oil price tested the key resistance level of 80.65 USD per barrel on Friday, but failed to break above it, as the market remained...

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By Rian LordIn News, BusinessPosted August 28, 2023

Oil prices rebound after two-week slump, WTI nears $80 mark

Oil prices rose slightly on Monday, recovering from a two-week decline, as investors awaited economic data from China, the world’s largest oil importer. U.S. crude...

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By Rian LordIn News, BusinessPosted August 28, 2023

Israel’s High Cost of Living Tops OECD Countries in 2022

According to new data from the Organization for Economic Co-operation and Development (OECD), Israel had the highest cost of living among its member countries in...

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By Rian LordIn News, BusinessPosted August 23, 2023

Singapore’s Core Inflation Eases to 3.8% in July Amid Lower Energy and Transport Costs

Singapore’s core inflation, which is closely monitored by the central bank to guide its monetary policy, eased for the third consecutive month in July, according...

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