France Cuts 2023 Growth Outlook to 1%, Deficit Target to be Intact
On Tuesday, the Finance Minister of France Bruno Le Maire said that the French government is lowering the country’s 2023 economic growth outlook. However, he...
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Food Prices, High Rents Boost US Inflation in August
In August, US consumer prices unexpectedly surged, and underlying inflation increased amid rising costs for rents and healthcare. This development gives the Federal Reserve ammunition...
Stocks to Buy for Wednesday, September 14, 2022
In the previous session, the Nifty index opened on a positive note and made a high near 18088 level. Later we saw consolidation on the...
White House Makes Contingency Plan to Avert US Rail Shutdown
On Tuesday, the White House made contingency plans to ensure critical goods deliveries during the US rail system shutdown. However, the White House also reiterated...
US Partners Google to Develop Chips for Researchers
The United States Commerce Department has reached a cooperative research and development agreement with Google (NASDAQ:GOOGL) for producing chips that can be used by researchers...
US Poverty Rate Increases for the Second Year in a Row Despite Little Change in Incomes
The national poverty rate increased for a second consecutive year in 2021 as the economy slowly recovered from the Covid-19 pandemic, although US household income...
UBS Shares Rise Following Proposed Dividend Increase in 2022
On Tuesday, when the Swiss bank announced a projected 10 per cent rise in its annual dividend, shares of UBS Group AG (SIX:UBSG) increased.If shareholders...
Aptiv to Buy 85% Stake in Intercable Unit in EV Tech Push
On Tuesday, Tesla (NASDAQ:TSLA) supplier Aptiv (NYSE:APTV) Plc reported that it is likely to acquire a majority stake in a unit of Italy-based Intercable for...
Aveva Shares Jump on Report of Potential Schneider Buyout
Shares in AVEVA Group PLC (LON:AVV) rose on Tuesday after a report emerged that France’s Schneider Electric edges closer to a deal to totally acquire...
Goldman Sees European Gas Prices Dropping Sharply
Goldman Sachs has said that European natural gas prices will likely drop by more than half over the next six months since the continent successfully...