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 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 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...
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 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 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...
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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 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...
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 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...
