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Microsoft Hires Former Amazon Cloud Executive Charlie Bell
Microsoft has hired Amazon cloud executive Charlie Bell as a corporate vice president, CNBC has confirmed.
The…
Australia’s Qantas Hopes To Resume International Flights By Christmas, CEO says
Australian carrier Qantas expects international flights to the U.S., the U.K. and parts of Asia to resume by…
South Korea Hikes Interest Rates, The First Developed Economy To Do So In Pandemic…
South Korea’s central bank raised interest rates on Thursday in a decision that was expected as financial risks…
Gold Eases On Steady Dollar, Focus On Jackson Hole
Gold retreated below $1,800 on Wednesday as the dollar halted its slide while investors sought cues on the timeline…
China Reopens World’s Third Busiest Port After Partial Virus Halt
China reopened a key terminal at the world's third-busiest cargo port on Wednesday, after a shutdown to control the…
Banks Come Under Fire As Fraud Cases Reach New Heights
In the wake of the pandemic has come a scammers epidemic. The crime is so widespread, aggressive and…
Stocks Making The Biggest Moves Premarket: Dick’s Sporting, J&J, Express,…
Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares jumped 4.9% in the premarket, as its quarterly…
Ray Dalio Is Wrong About China’s Tech Crackdown, Economist Says
China expert George Magnus disagrees with Bridgewater Associates’ Ray Dalio on Beijing’s tech crackdown.
In…
Hunters Brings In $30M Series B To Grow XDR Security Tech
With the growing volume of ransomware and supply chain security attacks, there is a need for…
Stocks, Futures Steady; China Tech Rebound Stalls: Markets Wrap
Stocks and U.S. futures were steady as a rebound in Chinese technology shares stalled and markets settled into a…
European Shares Subdued Ahead Of Fed Summit
European markets were muted on Wednesday, tracking global sentiment as investors await a key meeting of central…
The U.S. Is Reviewing Its Trade Policy With China
Seven months since U.S. President Joe Biden took office, his administration has yet to establish a trade policy…
Treasury Yields Edge Higher As Investors Gear Up For Fed Summit
U.S. Treasury yields edged higher on Wednesday morning, as investors geared up for the Federal Reserve’s Jackson…
Biden To Host Tech, Finance And Energy CEOs For Security Summit At White House…
President Joe Biden will meet Wednesday with top executives from several of the largest companies in tech,…
South African Unemployment Rate Rises To Highest In The World
South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by…
Stocks Making The Biggest Moves In The Premarket: Best Buy, Palo Alto Networks,…
Best Buy (BBY) – Best Buy shares rallied 4.3% in the premarket after the electronics retailer beat estimates on the…
China’s Cyberspace Regulator Lays Out Two Main Conditions For Companies Wanting To…
Chinese companies wanting to go public — including overseas — must comply with two main aspects of a wider set of…
Stocks Are Getting A Delta Peak And Growth Slowdown Wrong, Market Bull Jim Paulsen…
There may be a new reason to follow the smart money.
According to The Leuthold Group’s Jim Paulsen, the stock…
Best Buy Shares Rise On Earnings Beat, Retailer Says Consumers Are Upgrading Tech…
Best Buy said Tuesday fiscal second-quarter sales rose nearly 20% as consumers continued upgrade devices and…
IMF’s $650bn Reserves Liquidity Support For Nigeria, Others Takes Off
The International Monetary Fund (IMF) has announced the take-off of its $650 billion set aside under its special…
Airbnb Says It Will Host 20,000 Afghan Refugees
CEO Brian Chesky said Tuesday that the program would begin immediately, and that Airbnb would pay for the stays.…
Chinese Electric Carmaker Xpeng Starts Exporting Flagship P7 Sedan For The First…
Xpeng Inc. began shipping its flagship P7 sedan to Europe on Tuesday, underscoring the Chinese electric carmaker’s…
World Leaders Prepare For Emergency G-7 Meeting On Afghanistan As U.S. Withdrawal…
British Prime Minister Boris Johnson will host an emergency meeting of G-7 leaders Tuesday to address the chaotic…
Elon Musk Says SpaceX Has Shipped 100,000 Starlink Terminals
Elon Musk said in a series of tweets on Monday that his aerospace venture, SpaceX, has shipped 100,000 Starlink…
Walmart Launches Delivery Business To Connect Other Local Retailers With Consumers
Walmart on Tuesday announced the launch of a delivery service called GoLocal, which will carry goods from other…
European Markets Edge Higher On Pfizer Vaccine Approval And Easing Taper Worries
European stocks edged higher on Tuesday as investors took heart from the U.S. Food and Drug Administration’s full…
Chinese Tech Stocks Rally As JD.com Surges 13%, Tencent Climbs 7%
Hong Kong-listed Chinese tech stocks staged a huge rally Tuesday as investors got a little more clarity on the…
Pfizer To Buy Cancer Drug Developer Trillium In $2.3 Bln Deal
Pfizer Inc (PFE.N) said on Monday it would buy Canadian drug developer Trillium Therapeutics Inc (TRIL.TO) in a…
IMF’s $650 Bln Reserves Distribution Is ‘Shot In Arm’ For Global…
The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday, providing a…
Shareholder Payouts To Hit $1.4 Trillion in 2021, Nearing Pre-Pandemic Levels,…
Company payouts to shareholders are projected to hit $1.39 trillion in 2021, just 3% below their pre-pandemic peak,…