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Category: Business

By Rian LordIn News, BusinessPosted October 6, 2023

UK house prices fall for sixth month in a row, but at a slower pace

The UK housing market continued to lose steam in September, as high interest rates and low consumer confidence weighed on demand. However, the rate of...

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By Rian LordIn News, BusinessPosted October 6, 2023

Tesla’s Price Cuts May Hurt Its Earnings, Analyst Warns

Tesla, Inc. (NASDAQ:TSLA) has been lowering the prices of its Model 3 and Model Y vehicles in the U.S. market, sparking concerns among some investors...

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By Rian LordIn News, BusinessPosted October 6, 2023

US car buyers face record high loan payments amid interest rate surge

The cost of buying a new car in the US has reached unprecedented levels as interest rates on loans have soared to the highest point...

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By Rian LordIn News, BusinessPosted October 6, 2023

Exxon Mobil to Acquire Pioneer Natural Resources for $60 Billion

Exxon Mobil, the largest US oil company, has agreed to buy Pioneer Natural Resources, one of the leading shale producers in the Permian Basin, for...

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By Rian LordIn News, BusinessPosted October 6, 2023

EURUSD Rises Above 1.05 as Dollar Weakens – 06-10-2023

The US dollar fell against most of its major rivals on Thursday, as disappointing economic data and dovish signals from the Federal Reserve minutes weighed...

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By Rian LordIn News, BusinessPosted October 6, 2023

How to buy gold smartly in 2023

Gold is one of the most popular investments in 2023, as it offers a hedge against inflation and a safe haven in times of uncertainty....

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By Rian LordIn News, BusinessPosted October 3, 2023

Investopedia: A Leading Source of Financial Content and Education

Investopedia is a website that provides financial information, education, and advice to millions of readers around the world. Founded in 1999, Investopedia aims to simplify...

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By Rian LordIn News, BusinessPosted October 3, 2023

Evergrande Founder Under Police Probe as Shares Resume Trading

The troubled property developer’s stock surged as much as 42% on Tuesday, despite the investigation into its chairman. China Evergrande Group, the world’s most indebted...

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By Rian LordIn News, BusinessPosted October 3, 2023

Oddity Tech beats revenue expectations with record Q3 results

Oddity Tech, the parent company of Il Makiage and Spoiled Child, announced on Monday that it expects to report record revenue growth and profitability for...

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By Rian LordIn News, BusinessPosted October 3, 2023

UK food prices drop for the first time in two years amid supermarket competition

The cost of food in the UK has fallen for the first time in almost two years, according to the latest figures from the British...

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By Rian LordIn News, BusinessPosted October 3, 2023

Food prices drop for the first time in two years amid supermarket competition

The British Retail Consortium (BRC) has reported that food prices in September fell by 0.1% from the previous month, marking the first monthly decline since...

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By Rian LordIn News, BusinessPosted October 2, 2023

Browzwear Hires Lior Hakimi as CFO to Boost its Growth and Innovation

Browzwear, a pioneer in 3D digital solutions for the fashion industry, has announced the appointment of Lior Hakimi as its new Chief Financial Officer (CFO)....

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By Rian LordIn News, BusinessPosted September 30, 2023

China Evergrande’s Debt Crisis Worsens Amid Criminal Probes and Stock Plunge

Evergrande Group is one of China’s largest property developers, with more than 1,300 projects across the country. It also has interests in other sectors, such...

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By Rian LordIn News, BusinessPosted September 30, 2023

HSBC faces a dilemma in China amid political and economic pressures

HSBC, one of the world’s largest banks, is facing a difficult situation in China, where it has to balance its business interests with the political...

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By Rian LordIn News, BusinessPosted September 30, 2023

Qualcomm’s Autotalks Acquisition Faces UK Antitrust Scrutiny

The UK’s Competition and Markets Authority (CMA) announced on Friday that it is investigating whether Qualcomm’s proposed takeover of Israeli auto-chip maker Autotalks would reduce...

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By Rian LordIn News, BusinessPosted September 30, 2023

EU-China vehicle trade: a fact sheet by ACEA

The European Automobile Manufacturers’ Association (ACEA) has recently published a fact sheet that examines the vehicle trade flows between the EU and China, including the...

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