World news

Will tough times force oil majors ExxonMobil and Chevron into a merg...

The crude oil prices' dismal situation during the peak of COVID-19 got the chief executives of two major oil companies ExxonMobil (NYSE:XOM)&nbsp...

US stocks extend gains after GameStop reversal continues

Extending gains to the second straight day, the US stocks jumped on Tuesday after a sharp reversal in GameStop’s stock value continued. The mani...

Wheels Up eyes NYSE with enterprise value of $2.1 billion

  Wheels Up, the New York-headquartered private aviation firm, has been eyeing to list on the New York Stock Exchange (NYSE) with the company no...

GME shares tank after short squeeze; 4Q earnings due 

GameStop shares lost track on Monday in the US, closing nearly 31% lower at $225. In the after-hours trading, the stock took a further plunge of 15.77...

Robinhood raises USD 3.4B to support its burgeoning customer base

Online trading app Robinhood had an exceptional run during the pandemic as it experienced exponential growth last year. To invest in its growing custo...

Silver lining for Wall Street: US shares rebound as silver gets atte...

The US shares rebounded on Monday after retail traders shifted their focus to silver, driving up mining stocks. The quick recovery comes after a steep...

More Borrowing & Disinvestments in India’s 2021 Union Budget

  Canada and the US, which have a significant population of Indian origin, showed a keen interest in India’s annual budget presented in pa...

How GameStop short squeeze roiled Wall Street

The US stock market, beginning January 2021, witnessed a ‘short squeeze’ on select stocks such as GameStop amid a coordinated effort by re...

US shares end worst week since October; Dow down over 600 points

The US benchmark equity indices closed Friday’s trade on a negative note after a rally in select stocks such as GameStop triggered volatility. T...

Mission Possible Partnership brings 400 global leaders to accelerate...

The Mission Possible Partnership (MPP), another alliance framed to quicken the decarbonisation of worldwide industries addressing 30% of worldwide emi...

Hottest Stock of The Year So Far, Gamestop Plunge as Platforms Block...

Shares of US high street shop that sells games, consoles, and other electronics, GameStop Corp (NYSE: GME) nosedived by 55 per cent as trading platfor...

Is Robinhood Saving the Rich and Robbing the Poor?

The year 2020 had been extraordinary for Robinhood, an online trading app that attracts the young and mostly first-time investors to its commission-fr...

Retail brokers block long trades on GameStop shares 

Following days of wild frenzy, US games firm GameStop’s shares crashed 44% on Thursday. However, the stock also touched over $490 during the day...

General Motors to bid adieu to Gasoline and Diesel-powered Vehicles...

General Motors Co, the one of the largest automakers across the world, has announced that it would end sales of gasoline and diesel light-duty vehicle...

US stocks recover from slump; Dow gains over 300 points

The US stocks rebounded on Thursday even as the latest economic data was below expectations. The benchmark equity indices recorded their worst decline...

Lab tests confirm BioNTech (NASDAQ: BNTX), Pfizer vaccine effective ...

  A new laboratory test report that analysed the coronavirus candidate of BioNTech/Pfizer has revealed that the jab is prote...

Tech giants report earnings: How did Apple & Tesla fare

Technology giants Apple and Facebook turned in profitable revenue reports amid high expectations for the holiday quarter. However, Tesla has provided...

US stocks fall after Fed’s commentary; Dow slips 700 points

The US benchmark equity indices slipped steeply on Wednesday as the investors reacted to the Federal Reserve’s January monetary policy commentar...

Biden Eyes Long-Term Gain Over Short-Term Pain From Drilling Freeze

President Joe Biden’s order to halt new oil and gas leasing on federal land will have a rippling effect on the industry but it is part of his la...

AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage...

  British-Swedish multinational pharmaceutical major AstraZeneca PLC (LON: AZN) seems to be mired in difficulties from all sides. On one side, t...