Global Stock Boom
Global stock markets are experiencing a significant surge, with many indexes nearing and surpassing record highs. This trend has prompted analysts to reconsider the traditional investment strategy of "...
Ambani's Ambition
Reliance Industries Ltd., led by Asia's wealthiest tycoon, Mukesh Ambani, is reportedly in advanced talks for a significant transaction. According to insiders, they are close to finalizing a cash and stock deal to acquire Walt Disn...
Inside Kardashian's Financial Empire
Kim Kardashian, the renowned entertainer, took center stage at the SuperReturn conference in Berlin on Wednesday, where she discussed the achievements of her private equity firm, SKKY Partners.
Fo...
Staff cuts at Disney
The Walt Disney Company will reorganise into three divisions and cut 7,000 employees. The company's CEO, Robert Allen Iger, made the announcement on Wednesday during a conference call with investors, Bloomberg reported.
Accordi...
DELL staffing
Dell, one of the world's largest computer makers, has announced planned layoffs of 6,650 people due to a slump in demand for personal computers. It was announced by Bloomberg on Monday.
According to its data, the company's staff will ...
Stock exchanges in 2022
Global stock exchanges and bond markets have lost more than $30 trillion in 2022, the most since the global financial crisis of 2008. This was reported by the British Financia...
Apple's manufacturing in China
Apple has accelerated plans in recent weeks to move some of its manufacturing out of China. This was reported by The Wall Street Journal.
The Wall Street Journal said ...
FTX exchange founder's fortune
Sam Bankman-Fried, founder of cryptocurrency exchange FTX, which is going through bankruptcy proceedings, said he only had $100k left in his bank account, although his fortune was once valued at $26.5bn....
Musk's assumptions about the bankruptcy of Twitter
Entrepreneur Elon Musk said in his first address to Twitter employees that the company could go bankrupt if it does not bring in more money. This was rep...
Twitter's new owner
Elon Musk said on Thursday that he had bought the company and the social networking site of the same name, Twitter, to preserve a platform on which a wide range of issues can be discussed in a "healthy" manner.
"The reason for m...
Insider about the new iPad
Apple is developing an unusual accessory for its iPad tablets that will be unveiled "as early as 2023". This is reported by a well-known insider and Bloomberg correspondent.
According to the correspondent, Apple is consid...
Shares can be manipulated
A Twitter investor sued entrepreneur Elon Musk, accusing him of manipulating the share price of the social network. This was reported by Bloomberg agency on Tuesday.
Investor Giuseppe Pampena is co...
Unemployment benefits
The number of Americans filing initial claims for unemployment benefits during the week stood at 219,000. Such data was released by the US Department of Labor on Thursday.
The numbe...
Morgan Stanley suggests
Emerging market stock indices could soon reach the low point in the current bearish cycle, analysts at Morgan Stanley (NYSE:MS) believe.
As a consequence, economists of the bank, including strategist Jonathan Garner, changed...
Global equities
Analysts at U.S. bank Goldman Sachs Group Inc. (NYSE: GS) downgraded its recommendation for global equities for the next three months to "below market" and maintained an "above market" recommendation for cash amid recessionary risks,...
Paying for electricity
The average electricity bill of US residents could increase by 42% this coming winter compared to the 2019-2020 season, NBC reported on Thursday, citing estimates from experts at the National Asso...
Missile launch failure
A new flight test of a prototype hypersonic missile, which the US intends to install on submarines and its newest destroyers, has ended in failure due to a problem encountered during a launch attempt. This was reported by Bloo...
Tesla to reduce the number of employees
Entrepreneur Elon Musk has confirmed plans to cut the number of permanent employees at Tesla by around 10% within three months. Musk said this while ...
News from Tesla
Electric car maker Tesla will have to cut around 10 per cent of its workforce. The head of the company, Elon Musk, made the announcement in an e-mail to staff, excerpts of which were published by Reuters on Friday.
The email sent ou...
Fed minutes
US indices fell on Wed. after the release of the minutes of the Federal Reserve's March meetings this year, which suggest more monetary policy tightening than the market is prepared for. You can read about yesterday's trading on our Glob...
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