After two consecutive weeks of gains, oil prices have fallen back into bear territory this week, as fears about higher supply from Libya and Saudi Arabia outweighed positive signals from China. Earlier this week, Saudi Arabia reportedly decided to ramp up its oil production starting in December, abandoning its earlier…
The US dollar index (DXY) continued its downtrend last week as the market reflected to the Federal Reserve decision,…
Private equity companies are firing on all cylinders this year, with most of them beating the S&P 500 index.…
Ferrari, the biggest merchant of super expensive super cars, has also become one of the most expensive companies in…
Britain’s Competition and Markets Authority (CMA) announced that it will not be investigating Amazon’s $4 billion investment in the…
The wealth of Bernard Arnault, chairman of LVMH, skyrocketed by $17 billion in a single day after China unveiled…
Kenya’s largest telecom firm, Safaricom Plc, is engaging in discussions with Elon Musk’s Starlink and other satellite companies for…
Super Micro Computer Inc (NASDAQ: SMCI) has been a big disappointment for its shareholders in 2024. The past six…
Morgan Stanley has downgraded Udemy Inc (NASDAQ: UDMY) to ‘Underweight’ from ‘Neutral’ and reduced its price target to $7.50…