by Jennifer George | October 11, 2024 | Economy, Markets, News
Noel Tata, Ratan Tata’s half-brother and vice chairman of Tata Steel and watch company Titan, has been appointed as the chairman of Tata Trusts, confirmed by a source to NDTV Profit. The lesser-known Tata’s titular boost comes after chairman emeritus of...
by Jennifer George | October 11, 2024 | Markets, News
Three Gulf sources informed Reuters of an ongoing lobby between the US and Gulf states to prevent an Israeli retaliation against Iran. Gulf states fear Israel’s response to Iran could debilitate oil reserves in the region. When proxies in Tehran respond to...
by Jibran Munaf | October 7, 2024 | Markets, Stocks & Bonds
Global equity markets surged on renewed confidence in the resilience of the U.S. economy and anticipation of Chinese economic stimulus measures. Asian markets saw widespread gains, while European futures pointed to a strong open following a robust U.S. jobs report....
by Jibran Munaf | October 5, 2024 | Market Analysis & Commentary, Markets
Global stocks edged higher on Friday as markets remained on alert over escalating tensions in the Middle East and awaited the release of critical U.S. jobs data. Oil prices surged, marking their biggest weekly gain in two years, driven by heightened geopolitical...
by Jibran Munaf | October 5, 2024 | Finance, Markets
India’s IPO market is surging in 2024, with 227 companies raising a combined $12.2 billion in just the first eight months—a nearly threefold increase from the $4.3 billion raised during the same period in 2023, according to GlobalData. Explosive Growth in IPO Listings...
by Jibran Munaf | October 4, 2024 | Commodities, Energy
Global crude oil prices spiked on Thursday following comments by President Joe Biden, who confirmed that the US is discussing the possibility of Israel targeting Iranian oil facilities. This potential retaliatory move is in response to Iran’s recent ballistic missile...