Although it has been almost a month since the cyberattack on the Colonial Pipeline Company took place. Still, more information keeps coming in regards to how the company managed to get off…
Category: Trading
India’s Central Bank Takes Stock of the Evolving Macroeconomics and Financial Conditions
The reserve bank of India’s (RBI) monetary policy committee in its meeting this week decided to keep the interest rates unchanged. The RBI has also expressed hope that the monsoon being very…
Tesla under pressure from Chinese Market – Recalls Several Hundred Model 3 Cars
According to the latest reports, Tesla is reportedly recalling several hundred units of its Model 3 electric car that it had already delivered to China. The information has been shared by the…
Even during Shortage, Semiconductor Giants Make Tremendous Amount of Money
It has been more than six months since the entire world is faced with the semiconductor shortage problem. Companies from around the world responsible for manufacturing electronics and other products involving semiconductors…
A Major Policy Shift in China Announces Three-Child Policy in the Country
According to the latest report, China has made a new announcement in regards to its policy for population control. China has reportedly made the announcement for its new population policy on Monday,…
Jeff Bezos Confirms his Official Departure from Amazon as Company’s CEO
It was back in 1994 when Jeff Bezos founded Amazon. At the time of launch, Amazon was an online platform that users could visit to purchase books. Soon, it became one of…
Seafood Imports from China Blocked by the United States
According to the latest reports, the government of the United States has blocked imports of seafood from China. The reports suggest that the government of the US has issued the statement on…
Equities and Dollar Gain on Increasing U.S. Inflation
On Friday, the US dollar gained against major currencies and global equities rose, as new data increased concerns about rising inflation and heated economic activity due to pent-up demand. According to a…
Klarna Firm Reportedly Backed by SoftBank for the Funding Round
According to the latest report, Klarna has carried out a successful funding round. Klarna is a “buy now pay later” company that is based in Europe. The company has confirmed that after…
Dollar Moves up Ahead of Inflation Data and Yen Falls
On Friday, the dollar strengthened further after its rise in recent sessions from four-month lows, as investors were keeping an eye out on U.S. inflation data to indicate the direction of the…