World
Novartis Shareholders Back Sandoz Spinoff with 99.7% Support
Novartis shareholders voted in favor of the spinoff of the Swiss pharmaceutical giant’s generic-drugs arm, Sandoz, during an extraordinary general meeting held on Friday. An...
Inflation Concerns: Central Bank of Russia to Raise Interest Rate
In a decisive move to combat mounting inflationary pressures, the Central Bank of Russia announced on Friday that it was raising its key interest rate...
Arm Holdings Stock Rockets 25% Above Debut Price, What Next?
SoftBank Group’s technology investment arm, Arm Holdings, made a resounding entry into the public market on Thursday, with its stock surging nearly 25% above its...
Arm Storms Public Markets with $60B+ Valuation
British chipmaker Arm made a resounding entrance into the public markets on Thursday, igniting excitement among investors and analysts alike. The company’s shares surged, marking...
Game-Changing Tesla Innovation Redefines EV Production
In a groundbreaking move poised to revolutionize the electric vehicle (EV) industry, Tesla has amalgamated an innovation aimed at drastically reducing production costs. This development,...
Dalio Urges Caution with Bonds, Advocates Cash Holdings
Renowned investor and Bridgewater Associates LP founder Ray Dalio has expressed a strong preference for cash over bonds, emphasizing the challenges faced by investors in...
China Accuses EU of Protectionism in Electric Vehicle Probe
Tensions between China and the European Union (EU)escalated on Thursday as China vehemently criticized the EU’s investigation into Beijing’s electric vehicle subsidies, labeling it a...
ECB Raises Key Interest Rates in Bid to Tackle Inflation Surge
In a bid to grapple with soaring inflation, the European Central Bank (ECB) has announced a 25 basis points (bps) increase in its key interest...
Oil Prices Surge as OPEC Tightens Supply
Oil prices surged to their highest levels this year on Thursday, with Brent crude surpassing $93 per barrel. The rally in oil prices was spurred...
AI Revolution Takes Center Stage at Dreamforce Conference
In a candid address to Yahoo Finance Live, Marc Benioff, the co-founder, chairman, and CEO of Salesforce, declared the ongoing surge in the artificial intelligence...
