On Wednesday evening, we saw the creation of a new low dollar index at the 100.92 level Dollar index chart analysis On Wednesday evening, we saw the creation of a new low dollar index at the 100.92 level. After eight months, the dollar again fell below the 101.00 level. We stabilized this time and…
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After a bad start at the beginning of the week, USDCHF stabilized yesterday and started a slight recovery During this morning’s Asian trading session, USDJPY initiated a new pullback from the 146.30 level USDCHF chart analysis After a bad start at the beginning of the week, USDCHF stabilized yesterday and started a slight recovery….
In the first half of 2024, China’s shipbuilding industry secured nearly 75% of new global orders, demonstrating the nation’s expanding manufacturing power. Ship completions surged by 18.4% year-over-year to 25.02 million deadweight tons (dwt), which represents 55% of the global total during this period. Moreover, the industry’s order backlogs increased by 38.6% to 171.55 million…
Imagine logging into eBay, excited to use your American Express card to grab that coveted item, only to find out eBay no longer accepts AmEx. This scenario became a reality on August 17, 2024, when eBay Inc. (EBAY) officially stopped accepting American Express Company’s (AXP) credit cards due to what they call “unacceptably high” processing…
Public Sector Undertakings (PSU) have seen their market capitalisation jump by 4% over the last 24 months and now comprise 15% of India’s total market capitalisation according to a Yes Securities note. Additionally, the number of PSU companies in the top 200 companies by market cap has risen to 39, with 12 new entries in…
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August 23, 2024August 23, 2024 Gurugram-based SaaS startup Acadru secured $500,000 in funding from AIG Direct LLC and other investors. The company’s primary goal is to improve content and interdisciplinary learning for middle and high school students. The company plans to utilise this funding to…
August 23, 2024August 23, 2024 Adani Power Ltd announced that they have received approval from the National Company Law Tribunal (NCLT) Hyderabad Bench for its Rs 4,101 crore resolution plan to acquire Lanco Amarkantak Power Ltd. This acquisition is a part of Lanco Amarkantak Power Ltd’s ongoing Corporate Insolvency…
By John Revill ZURICH (Reuters) -Nestle shares tumbled early on Friday following the abrupt departure of CEO Mark Schneider from the world’s biggest foodmaker and his replacement by company veteran Laurent Freixe. Schneider’s surprise exit was announced late on Thursday following a board meeting that put an end to the near eight-year tenure of the…