India’s private sector activity remained in expansion mode in December, but fresh survey data suggest momentum cooled toward the end of the year as external trade pressures persisted.A flash survey by HSBC showed softer readings across manufacturing and services, even as demand conditions stayed broadly resilient.The data arrives at a…
China has announced a substantial reduction in tariffs on pork imports originating from the European Union, a move affecting imports valued at over $2 billion annually. This decision marks the final ruling in a comprehensive anti-dumping investigation initiated by Beijing. The move is widely seen by international trade observers as a modest…
UK unemployment rose in the three months through October as a softening labour market added to the Bank of England’s policy dilemma ahead of its final interest rate decision of the year.The headline jobless rate edged up to 5.1% in the August-to-October period, from 5.0% in the three months through…
From Silicon Valley power plays to international legal battles, the overnight news cycle was relentless. Here is your cheat sheet: PayPal is eyeing a banking charter, Tesla is testing driverless tech in Texas, and SpaceX just made Elon Musk wealthier than ever. But the biggest headline might be happening in…
Ford stock price held steady at its highest since 2022 after the company admitted that its electric vehicle bet had backfired. It was trading at $13.65, up by nearly 70% from its lowest level in April this year, bringing its market capitalization to over $54 billion.Ford’s EV bet has backfired There…
Prediction markets are emerging as one of fintech’s fastest-growing revenue streams, according to new analysis from Citizens Financial Group, cited in a Bloomberg report.Platforms that allow users to trade on the probability of real-world events are seeing sharp increases in activity, drawing attention from retail traders, institutions, and major brokerage…
The global AI boom looks unstoppable when measured by stock prices. Trillions of dollars in market value rest on the idea that machines are changing work, productivity, and profits. But AI is not just a technology race. It is becoming one of the largest debt-funded infrastructure projects in modern history, and…
FactSet stock price has crashed this year, mirroring the performance of other companies in the data services industry like MorningStar. FDS has dropped by 41% from its highest level in November, lowering its market capitalization from a high of $18.86 billion to the current $10.9 billion. Is it safe to…
Broadcom stock (NASDAQ: AVGO) slid sharply following the company’s fourth-quarter results and guidance last week.The recent crash erased recent gains and triggered a debate on whether this pullback is a tactical buying window or an early warning sign.The stock tumbled approximately 14% from its early December highs of $400 to…
The United States has paused negotiations on a proposed technology trade deal with the UK, after officials in Washington grew frustrated with the pace of progress, according to a Financial Times report published on Tuesday. The decision marks a setback for a flagship transatlantic initiative that was promoted as a…