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...