by Jibran Munaf | July 16, 2024 | Breaking, Market Commentary, News
Federal Reserve Chairman Jerome Powell said Monday he will definitely finish the full scope of his current central bank leadership term. Asked at an Economic Club of Washington, D.C. event if he will fulfill his Fed chairman term slated to end in May 2026, Powell...
by Jibran Munaf | July 15, 2024 | Breaking, News, Retail
British luxury group Burberry on Monday sacked its CEO and named former Coach boss Joshua Schulman to replace him, in the latest change at the top as it promises a “more familiar” look to help with its plan to move further upmarket. It also warned on...
by Jibran Munaf | July 15, 2024 | Breaking, News, Trending Now
Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant’s biggest acquisition ever. The deal, being funded...
by Jibran Munaf | July 15, 2024 | Breaking, News
Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has been appointed Deputy Prime Minister and Minister of Defence, it was announced on Sunday. Sheikh Abdullah bin Zayed, Minister of Foreign Affairs, was also appointed to the role of Deputy Prime Minister. Sheikh...
by Jibran Munaf | July 11, 2024 | Breaking, Economy, News
A closely-watched report on US inflation revealed that consumer price increases cooled further in June, according to the latest data from the Bureau of Labor Statistics released Thursday morning. The Consumer Price Index (CPI) declined by 0.1% over the previous month...
by Jibran Munaf | July 11, 2024 | Breaking, Markets, News
Japan’s Nikkei share average soared to an all-time high on Thursday, crossing the 42,000-point mark for the first time, driven by an overnight rally in U.S. stocks that boosted investor sentiment. The Nikkei ended 0.94% higher at 42,224.02, securing its third...
