Sunil Sahil
In a number of high-stakes antitrust actions, the US government is battling some of the biggest digital corporations in the nation. One thing we’ve learned from previous battles is that even if the government loses, these lawsuits can open the door for a new generation of businesses. Think about Microsoft (MSFT). The 1969 government prosecution … Read more
(AP) BEIJING — On Monday, when Gina Raimondo began a visit to Beijing intended at thawing frigid relations, the two sides professed a willingness to improve trade circumstances, but neither side appeared willing to make compromises on the other’s primary demands. In July, Raimondo joined other American officials who had recently visited China, including Treasury … Read more
Despite investors’ continued concern over the rate of growth and potential demand-dampening interest rate increases from the United States, oil prices increased slightly on Monday as a result of China’s efforts to support its ailing economy. In its most recent effort to support faltering markets, China cut the stamp duty on stock transactions in half. … Read more
Prior to that conversation, the Zillow Home Value Index, which tracks U.S. home values, not only started to rise once more but also reached a new record high. This increase was driven by the tailwind created by low inventory levels, which was strong enough to outweigh the headwind brought on by the shock of mortgage … Read more
Monday’s opening price for gold on the Multi Commodity Exchange (MCX) was Rs 58,761 per 10 grammes, and the price fell as low as Rs 58,685 during the day. Prices on the world market were roughly $1,915.3 per troy ounce. On the MCX, silver opened at Rs 73,668 per kg and fell as low as … Read more
As part of its strategy to seize Jabil’s potential market expansion, BYD Electronic (BE) will increase its client base, product portfolio, and smartphone component business through the transaction. Jabil Circuit, a printed circuit board manufacturer located in Singapore, established a unit this month that merged its product production operations in Chengdu and Wuxi. These operations … Read more
The rupee is trading in a range, according to forex dealers, as foreign investors’ selling pressure dampened emotions but falling crude oil prices eased the downside. In early trading on Monday, the rupee strengthened by 12 paisas to 82.52 against the US dollar, following higher-performing Asian rivals and domestic shares.The rupee is reportedly trading in … Read more
The “incredible period” of growth for the American economy appears to be winding down, he said during Berkshire Hathaway’s annual meeting, adding the majority of the company’s businesses will probably report lower earnings this year compared to last year. Buffett’s cautious remarks are a sharp contrast to his generally upbeat assessment of the US economy. … Read more
The “incredible period” of growth for the American economy appears to be winding down, he said during Berkshire Hathaway’s annual meeting, adding the majority of the company’s businesses will probably report lower earnings this year compared to last year. Buffett’s cautious remarks are a sharp contrast to his generally upbeat assessment of the US economy. … Read more
Following a first-quarter gain that ignited markets in 2023, oil prices soared on Monday, driving the Dow higher and giving investors a new wrinkle to start the second quarter. The Dow Jones Industrial Average (DJI) was up 326 points, or 0.98%, when the Wall Street closing bell sounded on Monday. The Nasdaq Composite (IXIC), which … Read more
