The Japanese yen fell to its lowest level against the US dollar in more than 10 months on Monday, sparking concerns that the Bank of...
Brexit trade rules could hit electric car industry hard, warns ACEA
The European Automobile Manufacturers Association (ACEA) has warned that the new Brexit trade rules covering electric vehicles could cost European carmakers billions of pounds and...
Russian fuel export ban leaves tanker market in limbo, says Poten
Russia, one of the world’s largest exporters of diesel, has announced a temporary ban on fuel exports to curb the rising domestic prices. The move...
Missouri’s special bond with Israel leads to new business opportunities
Missouri, the state that was the first to recognize Israel in 1948, is now looking to strengthen its economic ties with the Jewish state. The...
UK economy faces recession as private sector sheds jobs amid rising costs
The UK’s private sector has suffered a sharp decline in activity in September, raising the risk of a recession as firms cut jobs and face...
Silver Could Soar Higher As It Breaks Out Of Multi-Year Base
Silver, the precious metal often overshadowed by gold, has been building a massive base against several major currencies for the past three years. A breakout...
US venture firm GGV Capital to split its business amid China tensions
GGV Capital, a U.S. venture capital firm that has backed companies such as Airbnb, ByteDance and Alibaba, announced on Thursday that it plans to separate...
British Pound Suffers Weekly Loss Against Japanese Yen Amid BoE and BoJ Decisions
The British pound has ended the week on a lower note against the Japanese yen, as the Bank of England (BoE) and the Bank of...
Dollar Strengthens as Markets Brace for Higher Interest Rates
The US dollar rose to its highest level in six months on Friday, as investors adjusted to the prospect of higher interest rates in the...
Fed Officials Signal More Rate Hikes Amid Inflation Concerns
The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point to a range of 4.75% to 5%, the fourth increase...
VinFast to enter European EV market amid China probe
Vietnam’s electric vehicle (EV) maker VinFast has announced its plan to ship its first EVs to Europe this year, as the European Union (EU) considers...
Morocco Faces High Inflation Amid Food Price Surge
Morocco’s inflation rate rose to 5% year-on-year in August, up from 4.9% in July, according to the latest report from the Higher Commission of Planning...
Tesla Pays $21,000 a Year to Be on Elon Musk’s X Platform
Tesla, the electric vehicle company led by Elon Musk, is spending $21,000 a year to have 16 verified accounts on X, the social media platform...
Shaquille O’Neal’s Big Chicken Restaurant Opens Second Location in Las Vegas
Shaquille O’Neal is not only one of the greatest basketball players of all time, but also a successful entrepreneur with a diverse portfolio of investments....
How E-Commerce Stocks Are Adapting To The Changing Market
The e-commerce industry is experiencing rapid growth and transformation as consumers demand more convenience, value and personalization from online shopping. However, e-commerce stocks also face...
AUD/USD Stuck in a Narrow Range as RBA and Fed Await
The Australian dollar versus the US dollar (AUD/USD) exchange rate has been trading in a tight range below the 0.6450 level for the past week,...