The euro-dollar exchange rate has been on a downward spiral for the past nine weeks, reaching its lowest level since June 2023. The main driver...
Instacart IPO Fails to Impress as Fed Meeting Looms
Instacart, the largest online grocery delivery company in the US, is set to go public on Tuesday amid a challenging market environment and a slowdown...
Canadian Inflation Data Eyed as USD/CAD Hovers Near One-Month Low
The USD/CAD pair remains under pressure as traders await the release of the Canadian consumer price index (CPI) for August, which could provide some clues...
Tesla may build EV factory in Saudi Arabia as part of its global expansion
Tesla, the world’s leading electric vehicle (EV) maker, is in early talks with Saudi Arabia to set up a manufacturing facility in the kingdom, according...
Precious Metals Gain Ahead of Fed Meeting
Gold prices rose for the third consecutive session on Monday, reaching a more than two-week high of $1,953.40 per ounce. The yellow metal gained 0.4%...
EFG International launches new office and subsidiary in Israel to tap into wealth management market
EFG International, a Zurich-based private banking group, announced on Monday that it has opened a new financial service office in Tel Aviv and has hired...
Turkey eyes Tesla investment as Erdogan meets Musk in New York
Turkish President Recep Tayyip Erdogan has expressed his interest in attracting Tesla’s investment to Turkey during a meeting with the company’s CEO Elon Musk in New...
JCPenney joins Amazon Prime’s Thursday Night Football as a new sponsor
JCPenney, the Plano-based retailer, has announced its new partnership with Amazon Prime’s Thursday Night Football as the sponsor of the postgame show. The deal marks...
Australian property tycoon apologises for his remarks on unemployment
Tim Gurner, an Australian multimillionaire and CEO of real estate company the Gurner Group, has issued an apology for his comments at a property summit...
Why the UK’s top 10% earners are feeling the pinch of inequality
The UK is a country of stark inequalities, where the richest 10% of the population have more than half of the total wealth, while the...
Israel’s Sovereign Wealth Fund Reaches $1 Billion Milestone
Israel’s sovereign wealth fund, which was established to invest the revenues from the country’s natural gas and other resources, has reached $1 billion in assets,...
China’s Economic Growth Slows Down Amidst Global Uncertainties
China, the world’s second-largest economy, has been facing a slowdown in its growth rate due to various factors, such as the Covid-19 pandemic, the trade...
Argentina’s central bank keeps interest rate unchanged amid soaring inflation
Argentina’s central bank (BCRA) decided to keep the benchmark interest rate steady at 118% during their last board meeting, despite the country’s inflation rate hitting...
ECB Ends Rate Hikes After Reaching Record High of 4%
The European Central Bank (ECB) announced on Thursday that it has raised its key interest rates to the highest level since the launch of the...
US inflation hits 3.7% in August, fueling recession fears
The US economy is facing a double whammy of rising inflation and slowing growth, as the Federal Reserve’s rate hikes and shrinking consumption weigh on...
Cheap And Unique Classic Cars For Collectors On A Tight Budget
If you are a car enthusiast who loves classic cars, but you don’t have a fortune to spend on them, you might think that your...