News

Is the UK economy poised for a sharp turnaround?

  Andy Haldane, chief economist at the Bank of England, has said that the current state of the UK economy is like a coiled spring bursting to re...

Bumble Explodes on the Market with Bumper IPO

Bumble Inc., which runs the female-centric dating app Bumble, went public on 11 February 2021. The company had priced its IPO at USD 43 a share, above...

Macquarie Group raised €1.6 billion for second stage global renewabl...

The world’s leading infrastructure investor, Macquarie Group Ltd has raised €1.6 billion as a part of second stage global renewable funds....

US Stock Markets End Mixed; Can Indices Hold Onto Weekly Gains?

US stock markets ended Thursday’s session on a mixed note, but investor sentiment remained high with positive encouragement from labour data and...

How FTSE 100 performed after AstraZeneca quarterly earnings release?

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 8.78 points or 0.22 per cent lower at 3,90...

Why Did FTSE 100 Turned Flat in Early Afternoon Deals?

UK stock markets reversed gains in the early afternoon deals on Thursday, 11 February, with the benchmark FTSE 100 erasing morning upsurge after heavy...

Ruling Against SK Innovation: Will It Impact EV Plans of Major Autom...

Automakers such as Ford Motor Co. and Volkswagen might witness disruption in the supply of batteries for their electric vehicles (EV) as the US Intern...

Tomocredit To Offer Credit Cards to People with Poor or No Credit Hi...

San Francisco-based start-up TomoCredit is looking to disrupt the market by offering a next-generation credit card to borrowers with no credit history...

What does the government blueprint for NHS and social care reform en...

Summary The government has decided to institute various measures that can strengthen the NHS with the help of a community-based support....

What Does RICS’ Latest Survey Say About Property Prices in the UK

The third lockdown imposed in the UK has cast a shadow on its property market. In its monthly survey RICS (the Royal Institution of Chartered Surveyor...

Why is Mastercard supporting cryptocurrencies on its network? 

Credit card payments company Mastercard (NYSE: MA) announced that it would allow cardholders to transact using some cryptocurrencies on its platform s...

Why Bank of Canada Calls Crypto Boom A Speculative Mania?

The recent surge of cryptocurrencies has caught the imagination of people from around the world. But not all are amused. A senior official of the Ban...

‘Who Let the Doge Out’: Elon Musk’s tweet that did wonders for Dogec...

Dogecoin is once again grabbing headlines with its price reaching a record high of USD 0.8106 (intraday high on 7 February 2021) at cryptocurrency exc...

UK exporters facing Brexit-related hurdles, says study

Almost half of British businesses exporting goods have run into trouble due to Brexit transition regarding trade terms with the European Union, a Brit...

Are Energy Stocks Better Alternative to Tech Stocks?

On the weekly chart, NASDAQ 100 Technology Sector Index has broken out of its upward trend line (orange line in the below chart) at 7,560.70 and made...

Why is Copper at a New Seven-Year High?

Copper prices are once again climbing the price ladder swiftly with prices of the commodity now surpassing the previous seven-year high seen in Januar...

Qatar Eyes Top Spot With World’s Largest LNG Project

In a major boost to the oil & gas sector, Qatar Petroleum has approved a final investment decision (FID) for an LNG project. The project, entaili...

What drove Twitter’s Q4 Revenue to Record High?

Social media giant Twitter had an outstanding 2020. The company registered a robust increase in its revenue and average monetizable daily active usage...

Why US Markets Ended Flat For Second Straight Day

Major US stock indices ended lower for the second day in a row on Wednesday as investors appeared to have extended their break after some turbocharged...

Did recent earnings announcement push FTSE 100 higher?

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 7.24 points or 0.19 per cent lower at 3,90...