News

Tesla Up as Tech Giants Hike amid the Downbeat US Jobs Data

On Tuesday, Tesla stocks soared as tech giants extended their gains despite the disappointing US jobs data.  Last Friday, the…

3 years ago

How Amazon Plans to Compete with FedEx and UPS

Amazon invested a lot of money into warehouses, shipping hubs, delivery vans, as well as trucks to ensure it can…

3 years ago

Oil Declines after Saudi Price Cuts

Prices of oil were down on Monday, continuing to fall following Saudi Arabia’s cutting of crude contract prices for Asia…

3 years ago

EU Banks still Use Tax Havens to Book Profits

European banks continue to use tax havens even with several scandals revealing the dubious practices multinationals use to avoid taxes.…

3 years ago

DJIA, S&P 500 Trades Lower on Disappointing US Jobs Data

On Monday, DJIA and the S&P 500 traded lower after the August nonfarm payrolls came short than the analysts’ forecast.…

3 years ago

Yen Exchange Rate to Dollar Flat at $109.79

On Monday, the yen exchange rate to the dollar was flat at $109.79. The Japanese yen currently struggles with political…

3 years ago

Alibaba Will Invest in “Common Prosperity” Initiatives

The Chinese e-commerce giant will invest 100 billion yuan ($15.5 billion) over the next several years into “common prosperity” initiatives.…

3 years ago

Gold May Fall Despite Dismal Payrolls

Gold prices edged higher after the Jackson Hole symposium. The U.S. Federal Reserve Chair Jerome Powell managed to separate the…

3 years ago

Beijing City Govt on Taking Didi Under State Control

The Beijing city government is looking to take Didi Global under state control. It has proposed making an investment in…

3 years ago

Nikkei 225 Index Surges as PM Suga Bows Out in the Election

On Friday, the Nikkei 225 index jumped after the Japanese Prime Minister Yoshihide Suga bowed out in the upcoming leadership…

3 years ago

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