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Category: Economy

Economy

Investment giant Sixth Street inks $5.1 billion take-private purchase of Enstar

(Reuters) -Investment firm Sixth Street will acquire Enstar for $5.1 billion, in a deal backed by former Treasury Secretary Steven…

July 29, 2024July 29, 2024
European shares open lower as tech losses weigh
Economy

European shares open lower as tech losses weigh

(Reuters) – European shares opened lower on Friday, with technology shares at the helm of the selloff, while Danish brewer…

June 21, 2024
Take Five: It’s all about the data
Economy

Take Five: It’s all about the data

LONDON (Reuters) – For markets trying to assess how quickly interest rate moves are likely to come, it’s all about…

June 21, 2024June 21, 2024
Factbox-China pledges $138 billion in extra funding to shore up indebted property sector
Economy

Factbox-China pledges $138 billion in extra funding to shore up indebted property sector

BEIJING/HONG KONG (Reuters) – China on Friday announced “historic” steps to stabilise the crisis-hit property sector, with the central bank…

May 17, 2024May 21, 2024
BusinessEconomy

Mark Cuban’s MetaMask Mishap: Shocking Crypto Scam Drains Nearly $1M

In an unexpected turn of events, Mark Cuban, the renowned billionaire and Dallas Mavericks owner, disclosed that he’s the latest…

September 16, 2023January 29, 2025
BusinessEconomy

ARM’s Empire at Risk? The Surprising Shifts Redefining the Semiconductor Game

ARM Holdings Plc has historically dominated the smartphone world with its innovative architectures. However, as the industry is rapidly transitioning…

September 16, 2023January 29, 2025
BusinessEconomy

BRICS Alliance Set to Welcome New Members, Shifting Global Dynamics

In a significant development that underscores the evolving landscape of international relations, the coalition of BRICS countries – comprising Brazil,…

August 27, 2023January 29, 2025
BusinessEconomy

Gen. Petraeus Speaks on Ukraine’s Chance of Victory in Counteroffensive

In a recent chat with CNN, retired U.S. Army general and former CIA director, David Petraeus, expressed cautious optimism about…

August 26, 2023January 29, 2025
BusinessEconomy

Microsoft’s Momentum: Oppenheimer Gives a Bullish Forecast – But How High?

Microsoft’s foray into the world of Artificial Intelligence (AI) and cloud technology has industry experts buzzing, especially with the promising…

August 26, 2023January 29, 2025
BusinessEconomy

Elon Musk-led Tesla’s Autopilot Federal Safety Probe Nears Critical Verdict

As the federal oversight body winds down its multi-year assessment of Tesla’s touted Autopilot system, the road ahead for Elon…

August 26, 2023January 29, 2025

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