News

Central Banks’ Rate Decisions Weigh on Global Markets, US Dollar Hol...

Global financial markets faced significant pressure on Monday, September 18, 2023, as traders anxiously awaited interest rate decisions from the US Fe...

TSMC founder highlights importance of talent retention in semiconduc...

Taiwan Semiconductor Manufacturing Co. (TSMC) founder Morris Chang emphasized the crucial role of dedicated engineers and low employee turnover rates...

Glassdoor Names Deltek a Top Tech Company for Culture & Values

HERNDON, Va., Sept. 19, 2023 /PRNewswire/ -- Deltek, the leading global provider of software and solutions for project-based businesses, announ...

Racquel Oden appointed head of wealth and personal banking at HSBC U...

HSBC USA announced on Monday that Racquel Oden has been appointed as the Head of Wealth and Personal Banking. Starting in December, Oden will be respo...

IPO Frenzy in India: 10 Firms to Open Public Offerings This Week

A wave of Initial Public Offerings (IPOs) is sweeping across India with ten companies slated to open their public offerings this week. These include a...

Apple’s Vision Pro Headset to Support Lossless Audio, iPhone and iPa...

Apple (NASDAQ:AAPL)'s recently announced Vision Pro headset will be the first device to support lossless audio, a feature that is yet to be introduced...

Us Stock Market Dips Over Inflation Fears and Auto Workers Strike

On Friday, the U.S. stock market saw significant losses due to investor concerns over inflation and a potential auto workers strike. This development...

Federal Reserve Likely to Maintain Rates Amid Mixed Economic Indicat...

The Federal Open Market Committee (FOMC) of the U.S. Federal Reserve is set to meet on September 19-20, 2023, with market expectations suggesting a pa...

Fuel prices in South Africa set to rise due to increased internation...

South Africa is bracing for significant increases in fuel prices in October, following a surge in international oil prices and a weaker rand-dollar ex...

Bitcoin Bull Run Predicted Post-April 2024, Says Analyst Planb

The prominent cryptocurrency Bitcoin (BTC) is expected to enter its next phase of bullish growth after the forthcoming halving event, according to ren...

Citigroup ventures into blockchain with Citi Token Services

Citigroup (NYSE:C) has announced the creation and pilot testing of its blockchain-based Citi Token Services, according to a press release on Monday. T...

UK regulator proposes principles for responsible AI development

The UK's Competition and Markets Authority (CMA) has published a review into artificial intelligence (AI) foundation models, warning of the potential...

Telefonica Brasil's share price jumps following regulator's approval...

In a development that has stimulated the Brazilian stock market, Telefonica (BME:TEF) Brasil (NYSE:VIV), also known as Vivo, witnessed a 2.4% increase...

Lyft settles $10 million SEC fine over undisclosed pre-IPO share dea...

Ridesharing giant Lyft Inc (NASDAQ:LYFT). has agreed to pay a $10 million fine to the Securities and Exchange Commission (SEC) over allegations it fai...

FDA approves GSK's unique myelofibrosis treatment Ojjaara

The US Food and Drug Administration (FDA) has approved GlaxoSmithKline's (NYSE:GSK) novel treatment, Ojjaara (momelotinib), for adults with intermedia...

PBOC intensifies efforts to stabilize trade, attract foreign investo...

The People’s Bank of China (PBOC) Governor, Pan Gongsheng, stated on Monday that the central bank is set to amplify efforts to stabilize trade and imp...

Advance Auto Parts faces S&P Global downgrade amid underperformance

Monday witnessed a significant development for Advance Auto Parts (NYSE:AAP), as S&P Global (NYSE:SPGI) Ratings downgraded the automobile parts retail...

Fed Rate Hike Unlikely Amid Cooling Inflation and Stronger Economic...

The Federal Reserve's rate-setting committee is set to meet on Tuesday and Wednesday this week, with the central bank's economic projections expected...

US banks ramp up borrowing amid reserve concerns, FHLB advances hit...

Major U.S. banks have increased their borrowing by 9%, or $70 billion, in August, as reported on Monday. This development follows decreases in borrowi...

Mark Cuban suffers $870,000 loss in MetaMask crypto wallet hack

Billionaire investor and Dallas Mavericks NBA team owner, Mark Cuban, confirmed on Monday that his MetaMask crypto wallet was the target of a hack, re...