News

Advertising Platform Magnite Inc Buys Spotx for $1.17bn

Magnite Inc (NASDAQ: MGNI), one of the largest independent sell-side advertising forums, has signed an agreement to buy SpotX, a video advertising gro...

UK Retail Footfall Plummets Amid the Third Lockdown

  The lockdown 3.0 has led to a substantial decline of 76.9 per cent in the number of store visitors during January in contrast to the previous...

Elon Musk, Back On Twitter, Sends Dogecoin Surging By 50%

Tesla CEO Elon Musk, back from a two-day Twitter break on Thursday, sent meme-based cryptocurrency Dogecoin surging by over 50 per cent to US$0.059 af...

Technical Overview of Global Tech Giants- Microsoft Corporation and...

Microsoft Corporation (NASDAQ: MSFT) has witnessed a sharp rally from the low of USD 212.03 on 15 January 2021 and made a new lifetime high of USD 245...

FTSE 100 Opens Flat as Investors Remain Cautious, GBP Swings in Gree...

UK stock markets opened on a flat note on Friday, 5 February, as market participants remained cautious ahead of the macroeconomic data release with th...

Crude Oil Rally Continues on Declining US Stockpile  

The latest Energy Information Administration (EIA) report with crude oil stockpile data has sparked celebrations across the oil industry. The trend in...

Be prepared for negative rates in six months: BoE tells banks 

The Bank of England has told the banks to be ready for negative interest rates in the next six months. The Monetary Policy Committee (MPC) has asked t...

Remdesivir drives Gilead’s Q4 FY20 sales, sales momentum likely to c...

American biopharmaceutical player Gilead Sciences Inc (Nasdaq:GILD) continues to play a central role in the COVID-19 pandemic, with its drug remdesivi...

Myanmar Military Temporarily Shutters Facebook Access    

The military government in Myanmar has temporarily shut down access to social media platform Facebook. The move comes almost a week after the ouster o...

Ford Motor focuses on EVs; says semiconductor chip shortage to hit Q...

Michigan-headquartered Ford Motor Company announced today that it intends to increase investments in electric vehicles (EVs) and self-driving (or auto...

US to get 3rd COVID-19 vaccine, Johnson & Johnson files Emergency Us...

Johnson & Johnson (NYSE:JNJ) updated the market that Janssen Biotech Inc has submitted an application to the US regulator for an Emergency Use Aut...

Brazil's Vale Agrees To Cough Up $7Bn In Brumadinho Settlement  

Brazilian iron ore mammoth Vale S.A. has reached a deal with the state of Minas Gerais and prosecutors to settle the claims concerning the Brumadinho...

Microsoft All Praise For New Media Laws Amid Australia-Google Row

The Australian government’s ongoing efforts for implementation of new media rules has taken a new turn. The rules proposed by the government are...

US stock rally continues; Dow ends up over 330 points

The US stocks rose on Thursday following three straight positive sessions, as the speculative retail trading frenzy faded and robust corporate earning...

FTSE 250 Index Ended Marginally in Green; Gold Price Dipped by over...

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 21.71 points or 0.57 per cent higher at...

In A First, UK Launches Covid-19 Alternating Vaccine Study

    The United Kingdom launched the world’s first alternating Covid-19 vaccine dose study on Thursday under which the feasibility of...

Revelation Biosciences finishes dosing for five single dose cohorts 

  Clinical stage life sciences company Revelation Biosciences Inc. announced on 3 February that it has been conceded approval to make an additio...

FTSE 100 Likely to Open A Tad Higher Ahead of BoE Policy Meeting

UK stock markets are likely to open slightly higher on Thursday, 4 February, as domestic vaccine optimism outweighs the fallout of global equities. Ja...

Bank of England to update the market about the negative rates today

While the Monetary Policy Committee of Bank of England (BoE) is expected to leave the bank rate unchanged in its latest announcement on Thursday, it i...

Fitch Ratings dominates The Asset’s Rating Agency Awards 2020, wins...

Fitch Ratings Inc. dominated ‘The Asset Triple A Rating Agency of the Year Awards 2020’ by winning five awards. The credit rating agency w...