Iran attack on Israel.
The recent series of strikes launched by Iran towards Israel has drawn attention to the escalating tensions in the Middle East. This unprecedented wave of attacks, lasting approximately five hours, has thrust the region into uncharted territory, further exacerbating an already volatile situation.Iran has...
France’s Macron Discussed Twitter Content Rules in Meeting With Musk
Emmanuel Macron said he had a "clear and honest" discussion with Twitter owner Elon Musk about the social media platform's content moderation policies, just a day after the French president had flagged his concerns on the issue. "Transparent user policies, significant reinforcement of content...
US President Biden unveils plan to invest $555 bn on green energy
President Joe Biden announced a framework to invest $555 billion in funding on clean energy programs he thinks can win approval from Congress, with investments in renewable power, electric vehicles, and resilience.
If Congressional Democrats go along, the plan, part of a $1.75-trillion tax and spending blueprint,...
Countdown to Zomato IPO: stay on top with ET Prime’s exhaustive coverage on India’s food-tech sector
The number of employees working from home in many countries was increasing even before the coronavirus forced our hand. In America, according to the 2017 consensus, around 5% of the population were working from home, which was up on the year before and an increase of...
Asian Stocks Rise Tracking Positive U.S. GDP, Adani Extends Losses
Most Asian stock markets rose on Friday as appetite for risk-driven assets was supported by better-than-expected U.S. economic growth data, while Indian stocks extended their descent as heavyweight Adani remained under pressure from a short seller report. Overnight data showed that the world’s largest...
Global banks raise forecast to 4% peak for key ECB rate
Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to peak at 3.75%, following a 25 basis points (bps) hike in July, they said in notes after the central bank meeting. The ECB raised...
Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus
U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little...
Gold Steadies Despite Rate Hike Headwinds, Set For Flat Week
Gold prices steadied on Friday, and were set to end the week largely unchanged as selling pressure from a hawkish Federal Reserve appeared to have eased.
Bullion prices showed surprising resilience this week after the Fed hiked rates and struck a more hawkish tone than...
Asia FX Sinks as Caution Over Fed, CPI inflation, Boosts Dollar
Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from a Federal Reserve meeting and a reading on U.S. consumer inflation. Most regional units were also nursing losses from last...
MSCI Seeks Feedback On Adani Group Over Hindenburg Report
Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies of the Adani conglomerate - controlled by one of the world's richest men Gautam...