News

Apple Taps Bond Market for the Third Time Amidst Aggressive Share Bu...

Apple Inc plans to sell USD 14 billion worth of bonds in order to take advantage of the current cheap borrowing cost, tapping the market for the third...

Crude Oil Prices Stall, Will the Northward Move Continue?

Crude oil price rally has stalled with prices of Brent crude oil futures trading in a range of USD 55.00 to USD 57.50 per barrel. The surge in prices...

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...

London and US Markets’ Edged Higher; Dow Jones up by over 500 points

  US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 59.54 points or 1.58 per cent hi...

Eaton Corp Buys Cobham Mission Systems For £2 Billion

American Irish-domiciled multinational engineering firm Eaton Corporation Plc (NYSE: ETN) has bought British aerospace manufacturing company Cobh...

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...

PM Johnson optimistic of UK summer holidays this year 

Summary Boris Johnson is hopeful of the prospects of summer holidays this year, but only if the vaccine rollout goes well.  While the lo...

FTSE 100 Seen Opening in Green as Global Equities Amplify Gains

The UK share markets are set to open on a positive footing on Tuesday, 2 February, following the market-wide upsurge in the Asian stocks with global e...

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...

FTSE 100 surged by 0.92%, led by rally seen in general retailers and...

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 22.05 points or 0.59 per cent higher at...

UK Seeks to Join the Trans-Pacific Trade Group, A Year After Exiting...

  The United Kingdom formally applied to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) trading bloc on Monday to incr...

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...

Is Silver the Next Big Bet on Wall Street?

This time Wall Street bet traders have targeted the precious metal silver. Users on the Reddit forum Wall Street bets have been making a case for buyi...

Make UK urges the British government to address Brexit border delays...

Make UK, the manufacturers’ union of the United Kingdom, has urged the government to address Brexit border delay issues that...

Covid-19 shots offered to all older residents of care homes in Engla...

Summary The National Health Service has said that official figures will confirm that the coronavirus vaccine has been delivered to every old care h...

FTSE 100 likely to start higher, GBP scales past 1.37 vs USD

UK stock markets are expected to open higher on Monday, 1 February, tracking the upbeat Asian cues with Japanese Nikkei 225 advancing more than 1.5 pe...

Indian Government Proposes Ban on Cryptocurrency, What It Could Mean...

The cryptospace is poised to witness a drastic change with the introduction of a new bill in the Indian Parliament, seeking to bar all private cryptoc...