US Big Tech Worth More Than Other Nation’s Entire Stock Markets
According to a research note by Deutsche Bank, which CNBC cited on Monday, the market capitalizations of the seven biggest tech companies in America are higher than those of businesses…
JGB Yields Fall As Investors Await Fed Minutes
The majority of Japanese government bond (JGB) rates decreased on Wednesday, with the longer end of the curve being supported by a solid result from the previous session’s bond auction…
GSK’s New Long-Acting HIV Injectable Shows Promise Suppressing Viral Load
When compared to daily oral treatment, British pharmaceutical company GSK said on Wednesday that its long-acting injectable HIV medicine has shown promise in suppressing the viral load of infected individuals,…
Indian Official Says Coal Production To Be Maintained
An important Indian government official overseeing coal production said that Coal India Ltd., the state-run miner in India, will keep up its production increases to satisfy the country’s rising demand…
Oil Inches Higher As Tighter Supplies Meet Diminishing Demand
A rise in Chinese equities helped oil prices rise slightly as traders balanced hints of lower supply against high Middle East tensions and an uncertain demand outlook. Tuesday’s 1.5% drop…
Argentina Sees Poverty Reach Record High
According to a new report released this past weekend by the Social Debt Observatory of the Catholic University of Argentina (UCA), poverty in the country reached a multi-year high in…
Bundesbank Says Germany Already Likely In Recession
Germany’s central bank issued a report on Monday that included a warning that the nation’s struggling economy would contract much more in the first quarter of 2024. The forecast indicates…
January New Car Sales Up 12% Year Over Year In Europe
According to figures released on Tuesday, new automobile sales in the European Union increased 12.1% year over year in January, driven by double-digit growth in Germany and Italy. Fully electric…
Holiday Inn Parent IHG To Give Back $1 Billion To Shareholders
The parent company of Holiday Inns, IHG, announced on Tuesday that it anticipates paying out more than $1 billion to shareholders in 2024. This comes after the company reported higher-than-expected…
Xpeng, Chinese EV Maker, To Invest In AI, Hire 4,000 More Employees
In an attempt to survive what it refers to as a “bloody sea” of competition in the biggest auto market in the world, Chinese electric carmaker Xpeng said that it…