Andy Warhol’s Painting of Marilyn Monroe Sold for $195 Million
Andy Warhol’s 1964 ‘Shot Sage Blue Marilyn’ portrait of Marilyn Monroe was sold for record breaking price $195 million. The record shattering...
Which Assets Are Safe in the Context of Geopolitical Tensions?
When circumstances are adverse, investors prefer to choose assets such as gold and dollars. This remains same in the context of the...
Gold Prices Remain Steady Despite Turmoil In Global Markets
Gold prices have stayed resilient in the face of widespread market turmoil. Detaching slightly from their usual price drivers (bond yields...
Index Funds Popular Among Indian Investors For Long Term Goals
Index funds are top-rated in most developed countries. Investors are ecstatic to invest in a low-cost index fund to help them accomplish...
New High Yield Bond Ratings: August 16 – 20, 2021
At least 11 companies received a revision on high yield bond ratings during the week of August 16-20, 2021. These revisions caused...
New High Yield Bond Ratings: August 9 – 13, 2021
At least 16 companies received a revision on high yield bond ratings during the week of August 9-13, 2021. These revisions caused...
PowerSchool Reduces Debt With IPO Proceeds
PowerSchool Holdings Inc., a provider of cloud-based software for K-12 schools, used proceeds from its IPO to retire all of its $365...
New High Yield Bond Ratings: August 2 – 6, 2021
At least 22 companies received a revision on high yield bond ratings during the week of August 2 - 6, 2021. These...
Cloudera Issued B- Downgrade Despite Strong Q1 Report
Cloudera Inc., a cloud data technology enterprise, received a rating downgrade from S&P in spite of improved Q1 2022 earnings.
Warner Receives Ratings Upgrade as Streaming Platforms Continue to Thrive
Warner Music Group Corp, the music industry conglomerate headquartered in New York, received upgraded ratings from S&P in the wake of its...
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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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The Impact of 5C System in Assessing a Customer’s Creditworthiness
Each company or bank has its credit risk assessment policy, but these are based on the 5C system. Many companies decide to grant...
ARK 21Shares Files for Bitcoin ETF
ARK Invest is teaming up with 21Shares to obtain a bitcoin exchange-traded fund (ETF), approved by the...
CBA Launching StepPay, Challenges BNPL Giant Afterpay
Commonwealth Bank of Australia (CBA) has set in motion its fully digital Buy Now Pay Later (BNPL) offering, StepPay. This helps CommBank...
Buffet Restaurant Chains Face Uneven Paths to Recovery
Despite the recent declines in new cases, waves of COVID-driven effects continue to persist across the restaurant sector. Since the early phase...
New High Yield Bond Ratings October 12 – October 16, 2020
At least 15 companies received downgrades or revisions on high yield bond ratings during the week of October 12 – October 16,...
