News

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...

Positive Labor Report lifts hopes of US Economic Recovery

Source:wrangler, Shutterstock  Summary US Labor Department reports a third consecutive decline in unemployment benefits claim. The current...

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...

Three US Technology Stocks That Might Make Waves In 2021 

Source: Viktoriia Hnatiuk, Shutterstock The S&P 500 index and tech-heavy NASDAQ index have managed to fare particularly well even during the...

Three retail stocks to keep an eye on in 2021

Source: Dmitry Kalinovsky, Shutterstock The retail industry is one such space that witnessed unprecedented changes in 2020. In the midst of a fu...

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...

Apple to reportedly invest USD 3.6B in Kia for EVs production

There has always been speculation around Apple Inc (NASDAQ: AAPL) entering the growing EV market, though the iPhone maker never officially c...

BNPL stocks react after the UK proposed regulatory changes

The unsecured credit market has been expanding with each passing year. The growing need for credit has risen for the diverse range of goods, demanded...

PayPal caps off 2020 in style with record numbers

Buoyed PayPal Holdings Inc. (NASDAQ:PYPL) today unveiled an excellent set of numbers to present the fourth-quarter and full-year 2020 results. Riding...

GameStop’s shares closed higher as company makes new leadership appo...

GameStop shares have lost significant value after smashing through the roof last week. On Wednesday, the meme stock closed 2.68% higher at $92.41, but...

What you need to know about Andy Jassy, Amazon’s Next CEO

American multinational technology company Amazon is undergoing a major transformation, as Founder Jeff Bezos is all set to step down as the CEO after...

Construction sector in the driver’s seat as employment rises in NZ

Labour market is slowly coming out of the shadow of COVID-19 pandemic. Employment is seen picking up in New Zealand as the unemployment rates dropped...

Why NZ’s Q4 2020 new home approvals are in record numbers

Residential construction continues to be on a rise. New homes consented reached a record high in Q4 of 2020. As per Stats NZ, 11,291 new homes were c...

Wall Street rally continues on strong corporate earnings 

The major Wall Street equity indices extended their rally to the third consecutive day on Wednesday on strong corporate earnings and better-than-expec...

Spacex‘S Starship Explodes During Second Test Flight Landing, FAA To...

  Elon Musk’s private space company SpaceX’s next-generation Starship rocket -- Starship prototype Serial Number 9 (SN9) -- though l...

Global tech tax: EU officials join US counterparts for early rollout...

A global tech tax is in the works, which means tech giants around the world will be hit with higher taxes, after the European Union officials had a de...