Fuel Prices Surge Beyond Inflation, Relief in Sight by June 2024
Although there are more electric vehicles (EVs) on the roads and an increase in the number of Australians working from home, the prices of fuel [more…]
Category: Financial
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Intel Stock Surge to $5 Billions on Apollo Investment Rumor
Intel stock experienced a significant surge on Monday, following reports that Apollo Global Management is contemplating a $5 billion investment. This potential deal, which could [more…]
Rotman Launches AI Lab to Combat Financial Fraud
The University of Toronto’s Rotman School of Management has teamed up with global data and AI leader SAS to launch a Financial Crimes Lab. The [more…]
Bank of Canada to Gradually Lower Interest Rates
In August, inflation in Canada at the core level registered a moderate improvement. The trimmed mean and median average inflation gained 0.21% when compared to [more…]
Safeguarding Tomorrow’s Generations
Jamaica’s Andrew Holness made it clear that the country is seeking to protect the future without having to wrinkle his forehead in the directions of [more…]
Byju’s Borrowed Funds to Partially Cover Salaries
Byju Raveendran, the cofounder of the beleaguered edtech behemoth Byju’s, has told the workers that he has been able to raise some money somehow making [more…]
FOMC Lowers Interest Rates, Focuses on Labor Market
Federal Reserve Chairman Jerome Powell has made a decisive announcement today regarding a significant rate cut since the Federal Open Market Committee (FOMC) has lowered [more…]
Hill Replaces Donahoe as Nike CEO; Shares Surge
Nike Corporation has revealed a strategic shift in its leadership whereby Elliott Hill is set to become the president and CEO of the company starting [more…]
Apollo Secures $5 Billion Funding from BNP Paribas
Apollo Global Management has obtained large funding pledge of $5 billion with BNP Paribas. It added that the terms of this deal represent one of [more…]
Tech Stocks Lead Market Decline Last Week
Last week, there was a sharp drop in the stock markets across the world, technology sector heavyweights losing the most. The stock market, which had [more…]