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China Faces Period of Uncertainty Amid Economic Slowdown

The COVID-19 pandemic has had a devastating impact on China's economy. In addition to the economic slowdown, China is also facing immense...

Warren Buffet Ends Association with Wells Fargo

Wells Fargo was one of the top investments of Warren Buffett-owned Berkshire Hathaway but not any more now. Many...

SoftBank Cuts Top Executives Wages After its Vision Fund Incur Loss

Japanese conglomerate, SoftBank Group, cut the wages of its top executives after its Vision Fund recorded a historic loss. It was a...

Deutsche Bank and Commerzbank Lose After $1.9 Billion Sale

The American management company Capital Group caused a strong punishment on the Stock Exchange on Tuesday for Deutsche Bank and Commerzbank. This...
russian

Russian Aggression and its Impact on the World

According to International Energy Agency (IEA), 45% of the Russian state budget in 2021 came from the sale of crude oil and...

“Spain helped Local Companies in Recovering From COVID-19 Pandemic”

Sergio Vélez, Senior Managing Director of global advisory firm FTI Consulting in Spain, said the government has helped companies recover from the...
Cryptocurrency

Cryptocurrency Market Crashes Further Leading to $1 Billion in Liquidations

Cryptocurrency market crashed further leading to $1 billion in liquidations leaving the investors in panic. The Bitcoin was trading at $29961.93 early...

The Philippines Looking at Foreign Investments for Economic Recovery

The Philippines Senate has recently passed the Senate Bill (SB) 2094 to amend the Public Service Act. This will enable the foreign...

China to Rescue Sri Lanka From its Debt Crisis

Sri Lanka is facing its worst economic crisis since its independence in 1948. With power cuts and a shortage in food and...
A street market in Sri Lanka. Escalating prices of essential items has caused those who were well-off to face poverty.

Sri Lanka Issues New Long-Term Residence Visas for Foreign Investors

Sri Lanka announced a new visa scheme for foreign investors on April 26, and it became operational the same day. The Cabinet's...

Recent Articles

Roe vs Wade Reversal May Impact Telemedicine in US

Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank

Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels

The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
Zomato

Zomato Lost Nearly $1 Billion in Value After Blinkit Deal

Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...

Blockbuster Deal For Pharma Major Boots Comes A Cropper

The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...

London Rail Strike Loss Estimated to be $36.85M Per Day

London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...

Most Popular

Header photo of a quarterly report

Quarterly Report: Precedent Transactions Healthcare, 3rd Quarter 2020

The third quarter of 2020 saw a significant rise in the number of acquisitions being made within the healthcare sector, especially compared...
instapay

Instapay and Parent Company File for Chapter 11

Trucking lender Instapay and its parent company, Flexible Funding, have filed for Chapter 11 reorganization. FreightWave reports that the filing notes $110...

The College of New Rochelle Faces Ongoing Bankruptcy Woes

Bankruptcy has become a common occurrence across most industries in the wake of the COVID-19 pandemic, and even the college community is...
Asymmetric information

The Applicability of Asymmetric Information in the Markets

The lemon theory was coined by Akerlof and it offers a deep insight into asymmetric information between consumers and producers. This theory...
Qualcomm

Qualcomm Launches $100 Million Metaverse Fund To Focus On Extended Reality

Software and microchip giant Qualcomm (NASDAQ: QCOM) has debuted the first-ever Snapdragon Metaverse Fund to invest $100 million. Thus, it expects to...