by Jibran Munaf | November 9, 2024 | Currencies
The British pound approached a 2.5-year high against the euro on Friday, fueled by market expectations that the European Central Bank (ECB) will adopt a more aggressive easing policy than the Bank of England (BoE). The pound was down 0.05% at 83.24 pence per euro,...
by Jibran Munaf | November 9, 2024 | Currencies
The U.S. dollar was set to close a volatile week with a modest gain, as markets processed the implications of Donald Trump’s return to the White House and the Federal Reserve’s cautious approach on rate adjustments. Following Trump’s election win, the dollar initially...
by Jibran Munaf | November 9, 2024 | News
Reliance, led by billionaire Mukesh Ambani, has called on India’s telecom regulatory authority to reconsider its plans to allocate satellite spectrum without an auction, setting up a high-stakes clash with Elon Musk’s Starlink. The debate over spectrum allocation...
by Jibran Munaf | November 9, 2024 | Green
The upcoming COP29 climate summit is facing potential delays as China seeks to include trade issues on the agenda, raising tensions that could derail the start of crucial negotiations. China, representing the BASIC coalition (Brazil, South Africa, India, and China),...
by Jibran Munaf | November 9, 2024 | Corporate Finance, Technology
Sony posted robust quarterly results on Friday, significantly beating analyst expectations on operating profit and revising its full-year sales outlook. The Japanese tech giant’s September quarter operating profit surged by 73% to 455.1 billion yen ($2.98 billion),...
