6 Economic Concepts One Should be Aware Of!
The economy is one of those topics that piques the curiosity of many people. In addition, the economy has become increasingly important in recent years, since everyone is accumulating insights into the financial domains for investment objectives. To improve your comprehension of the economy, one should be familiar with 6 often used terms that are […]
BP expects to pay up to 1 bln pounds in UK taxes in 2022
BP (BP.L) said on Tuesday it expected to pay up to 1 billion pounds ($1.25 billion) in taxes in Britain on its 2022 profits, after its operating profit surged despite reporting a big writedown for exiting its Russian businesses. read more
Cryptoverse: Venture capitalists catch crypto fever
Venture capital is making a big move on crypto in 2022.
Exclusive: Nigeria buys emergency Canadian potash to replace lost Russian supply
Nigeria had to buy emergency supplies of Canadian potash in April after the country was unable to import the key fertilizer from Russia due to the impact of Western sanctions, the head of Nigeria’s sovereign investment authority NSIA said.
HSBC shares rise as markets warm up to break-up proposal by top shareholder
Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), urged a break-up of the London-headquartered bank in a bid to improve returns.
Musk says he wants to boost Twitter use from ‘niche’ to most Americans
Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Monday he wants to expand the reach of Twitter (TWTR.N) beyond the current “niche” until most Americans use the social media platform.
Stocks up, U.S. yields at 3% as markets ready for Fed hike
World stocks rose on Tuesday and U.S. 10-year Treasury yields held above 3% as investors prepared for the Federal Reserve’s biggest rate hike since 2000.
Brief crash hits European stocks in holiday-thinned trading
European stocks suddenly fell on Monday before partly recovering in what brokers described as a “flash crash” or an erroneous trade on a day where a holiday thinned trading activity.
Tata, India’s electric vehicle king, takes a frugal road less travelled
To make its first electric vehicle for the consumer market, India’s Tata Motors Ltd (TAMO.NS) repurposed an unused shop floor at its flagship plant. Here, there’s no fancy assembly line – Nexon SUV bodies designed for gasoline models are wired and fitted with battery packs by hand.
Dollar rises towards 20-year high, euro dips after weak data
The dollar rose back towards a 20-year high on Monday as the euro struggled around the $1.05 mark, with investors preparing for a busy week of central bank meetings including a likely Federal Reserve interest rate hike.
