News

UK CPI inflation jumps to 0.7% in January

UK consumer prices index (CPI) based inflation jumped to 0.7 per cent, while the consumer prices index including owner occupiers’ housing costs...

Vaccines to inject optimism in world economy, IMF pegs US growth at...

ed to show staggering improvement due to potential structural changes in the economy. Nations across the globe are on the mend as they have begun...

Will the new UK budget by Sunak have a green tinge?

The budget this year is expected to contain environment friendly measures. News reports have highlighted that Chancellor of the Exchequer Rishi S...

Berkshire Hathaway Jumps on Crude Oil Bandwagon, Invests in Chevron

The market oracle, Warren Buffet is now jumping on the oil bandwagon with Berkshire Hathaway investing in Chevron Corporation (NYSE:CVX). The investme...

US Markets End Mixed On Recovery, Earnings Forecast

US stock markets ended mixed on Tuesday in anticipation of positive retail earnings and steps by House Democrats to expedite a legislative version of...

Why UK equities traded on a flat note today?

US Markets: : Broader indices in the United States traded in green - particularly, the S&P 500 index traded 9.48 points or 0.24 per cent higher at...

How Brexit Can Lead to Increase in Energy Prices for UK Businesses

  The UK businesses may have to face a price hike in energy prices post Brexit mainly due to factors like surge in transportation costs and the...

Bitcoin Rockets Past $50000-Mark, Sets Course For US$1-Trillion MCap

Bitcoin’s blazing rally continued as the cryptocurrency breached the US$50,000-mark for the first time since its inception over 12 years ago. T...

Will Plan to Spin Off Universal Music Keep the Momentum High for Viv...

Shares of French media conglomerate Vivendi SA (PAR: VIV) rallied nearly 20 per cent on Monday to EUR 31.22 as the company announced its plans to list...

London Equities Gain as Investors Rejoice Earnings & Vaccine Optimis...

UK stock markets extended the gains on Tuesday, 16 February tracking the buoyant sentiments amidst the global equity investors with Japan’s Nikk...

Nissan Denies Tying Up with Apple for Its Electric Car

Japanese automobile company Nissan (TYO: 7201) announced that it was not in talks with technology major Apple (NASDAQ: AAPL) for developing its a self...

Equity markets continue their uptrend; Crude oil rises to 13 months...

On Tuesday, Global markets held the ground firmly and continued their bull run for the 12th straight session on the back of high optimism for the glob...

Texans Struggle Amid Deadly Winters and Power Outages

Texas is facing a challenging situation due to the freezing temperature and rolling power blackouts across the state. As extreme weather conditions sp...

Why is platinum at multi-year highs?

Followed by the emphatic industrial metals’ price rally on the expectations of global economic improvements, the prices of the Platinum contract...

Did FTSE 100 Soar on Vaccine Hopes?

UK Market News: The London markets traded in the green zone, reflecting positive investor confidence regarding Covid-19 vaccination rollout. FTSE 100...

How Can UK’s New £10-Mn Green Finance Push Impact Climate Talks

The UK government has announced a £10-million climate capital investment for green finance research hubs in London and Leeds. The news comes ahe...

Future of Darktrace’s IPO in the dark, as UBS withdraws participatio...

Summary UBS refused to file required Suspicious Activity Reports due to tech entrepreneur Mike Lynch’s involvement. UBS and Jefferies were h...

US Dollar drops to 3-week low as vaccine optimism abounds

significantly as it rose to its highest level in about three years pushing past USD1.39. Tuesday marked a three-week low for US Dollar and a thre...

A race against COVID-19: Meet five global vaccine developers in the...

Vaccine development typically requires years of research, testing and additional time for large-scale manufacturing. However, this time researchers ac...

Bitcoin Continues to Zoom, Gold Investors Left Behind?

Bitcoin prices are going through the roof again with the digital currency reaching a record high of over USD 49K on 14 February 2021. So far, investo...