Latest Updates Around The World
Zerodha founder and CEO Nithin Kamath highlights a marked shift in investor preference since the Covid-19 pandemic, with money moving from fixed deposits and real estate to equities. He also points to a sharp increase in the number of unique and new investors during this period. Interestingly, Kamath said mutual funds have emerged as the […]
Oil prices rose about 3% on Friday as traders remained alert to possible supply disruptions after the United States and Iran extended nuclear talks.Brent crude futures rose $2.13, or 3%, to $72.88 a barrel by 1328 GMT, while US West Texas Intermediate crude rose $2.31, or 3.5%, to $67.52. The Brent and WTI benchmarks were […]
U.S. stocks fell Friday as Wall Street resumes hunting and punishing companies that could be made losers by the artificial intelligence revolution. A surprisingly discouraging update on inflation also hurt the market.The Dow Jones Industrial Average fell 855 points, or 1.53%, to 48,743.61; the S&P 500 fell 58.17 points, or 0.84%, to 6,850.69; and the […]
Executive learning solutions provider XED Executive Development said Friday it has set a price range of $10-10.5 per share for its $12 million initial public offering, which opens for subscription at GIFT City on March 6.This will be the first share sale at Gujarat International Finance Tec-City, India’s IFSC, under the regulatory framework of the […]
Barclays shares fell on Friday after media reported that it and other banks face potential losses from the collapse of British mortgage lender Market Financial Solutions Ltd, amid wider concerns about lending conditions and the fast-growing private finance market.London-based MFS specializes in complex real estate-backed loans. According to previous media reports and court documents seen […]
Reffkin’s confidence in this comes from the “historic alliance” he announced between Compass and Rocket companies Thursday afternoon. As part of the partnership, Compass’ Coming Soon Listings, and ultimately the Private Exclusive inventory, will be released Redfin from March 16. The listings will not show days in market or price history and agents will be […]
The seven-seat Tesla Model Y Juniper has landed in Europe, with the third row option now available to order for 2,500 euros. The same option costs $2,500 in the US market, where it made its debut. While the original Tesla Model Y was available with an optional third row that added two seats, this option […]
Britain first entered commercial lithium production when Geothermal Engineering Ltd (GEL) began operations factory in Cornwallcementing the government’s hopes for a domestic supply chain for battery metals. The Redruth-based facility marks the country’s first commercial production of lithium, a metal essential for electric vehicle batteries and energy storage systems. Initial production is set at 100 […]
State Bank of India (SBI) has leased around 1.35 million sq ft of office space in Airoli to house the State Bank Global IT Centre, strengthening the suburb’s growing role as a hub for global capacity centers (GCCs). The public sector lender has taken over the space in Newa Bhakti Knowledge City, a commercial development […]
Despite the rising number of whales, the total Bitcoin supply from stakeholders has not yet increased significantly. Bitcoin has almost reversed its weekly losses after recovering to almost $68,000. At the same time, the growth of the whale portfolio now indicates distribution to more large holders. Santiment reported that the asset is approaching a new […]
