World
Tesla Slashes German Plant’s Production Targets Amid Challenges
Tesla, the American electric car manufacturer, has made significant downward revisions to its production targets at its Gruenheide plant in Germany, according to an investigative...
US Treasury Yields Ease Amid Euro Zone Data
In a much-awaited respite, the US Treasury 10-year yields have eased off their staggering 16-year highs on Wednesday, offering a momentary relief to beleaguered government...
Microsoft Adapts Acquisition Bid for Activision Blizzard
Microsoft Corporation (MSFT) has announced a strategic overhaul of its $69 billion acquisition of Activision Blizzard Inc (ATVI) in an effort to surmount the final...
Baidu Beats Q2 Revenue Predictions with Advertising Boost
Baidu Inc, the Chinese search engine and artificial intelligence (AI) powerhouse, exceeded revenue projections for the second quarter (Q2), buoyed by a surge in advertising...
Oil Exports Impact Brent Crude, WTI Prices
In response to recent reports of reduced export figures from two major oil-producing nations, Saudi Arabia and Russia, coupled with a surge in heating oil...
Cybertruck Launch Buzz Boosts Tesla Stock by 5.3%
After experiencing a series of six consecutive losses, Tesla (TSLA) stock surged on Monday, reflecting renewed investor enthusiasm surrounding the impending launch of the Cybertruck...
Cryptocurrency Markets Rattled by Volatility: Bitcoin Struggles
The global cryptocurrency landscape was rocked by a tumultuous surge of volatility in recent days. Thursday witnessed a staggering one-day upheaval in the value of...
Yield Surge Sends Ripples Through Global Bond Markets
In a significant shift that has rippled across global financial markets, bond traders are facing the stark realization that the era of rock-bottom yields may...
Farfetch Hit by US and China Demand Slump, Shares Drop
Shares of online luxury goods retailer Farfetch took a severe hit, plunging nearly 40% to an unprecedented low on Friday, following a tumultuous period of...
China Evergrande Seeks U.S. Bankruptcy Protection
In a bold move amidst China’s escalating property crisis, China Evergrande Group, once a titan in the real estate industry, has sought refuge under the...
