India’s IPO market has seen an extraordinary year, raising record amounts of capital, buoyed by strong investor demand and impressive post-listing performance. The surge in activity has been marked by a mix of large players like Swiggy, Hyundai, Bajaj Housing Finance, and NTPC Green entering the fray. Over 80 companies…
A recent YouTube exposé has cast a spotlight on Honey, the widely used browser extension owned by PayPal, raising concerns about its practices and relationship with influencers. The video, uploaded by New Zealand-based content creator MegaLag, has garnered over 6 million views in just two days, fueling widespread debate across…
Brazil wraps up 2024 in a puzzling duality: impressive economic growth on the one hand and lackluster market performance on the other. Gross domestic product (GDP) growth is expected to hit 3% for the third consecutive year, unemployment is at record lows, and the trade surplus has reached new heights.…
European stocks edged higher in cautious trade on Tuesday as markets prepared for the Christmas break. The German DAX is closed for trading today, while the FTSE 100 and CAC 40 are scheduled early closures for Christmas Eve. The Paris market will close at 1:00 pm (local time), while the…
A five-day strike by Starbucks employees has escalated into the largest work stoppage in the company’s history, with over 5,000 workers from more than 300 US stores expected to join the action, as per a Reuters report. The walkout, led by Starbucks Workers United, has shut down 60 stores across…
On Sunday, US President-elect Donald Trump wrote on social media website Truth Social, “For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity.” Trump’s renewed interest in acquiring Greenland underscores the island’s geopolitical…
Brazil’s current account deficit increased to $3.1 billion in November, according to a report from the central bank on Monday. This data shows a growing deficit over the last year, mostly due to a drop in the country’s trade surplus. Although the monthly deficit is slightly more than the $3.3…
New home sales in the United States experienced a notable rebound in November, recovering from a downturn caused by hurricanes the previous month. However, this positive development is tempered by concerns about rising mortgage rates, which could potentially dampen sales in the coming year. The housing market, a key indicator…
President Joe Biden faces a critical decision on Nippon Steel’s $15 billion bid to acquire US Steel, a deal that has raised concerns over national security. The Committee on Foreign Investment in the United States (CFIUS) referred the matter to the President after failing to reach a consensus, Reuters reported.…
Brazil wraps up 2024 in a puzzling duality: impressive economic growth on the one hand and lackluster market performance on the other. Gross domestic product (GDP) growth is expected to hit 3% for the third consecutive year, unemployment is at record lows, and the trade surplus has reached new heights.…