Markets

Kohl has taken down its forecast for sales and profits in 2022. The company said that an uncertain global economic outlook caused the move. The resignation of the company's top executive is also to blame for the change. Kohl's withdraws...

Living standards in the United Kingdom will take a hit amid the rising inflation levels. The situation will worsen following the proposals made by the finance minister, Jeremy Hunt, including a tax hike and cuts on spending. UK living standards...

Dell Technologies has said that it has reached a $1 billion settlement in a 2018 lawsuit. The amount has been used to settle a lawsuit that accused the technology company of short-changing some shareholders in a $23.9 billion transaction in...

Elon Musk said he would be reducing the time he was spending at Twitter. Musk said he would look for a new leader for the social media company to achieve this. He also hopes to complete a restructuring of the...

eToro has partnered with Broadridge Financial Solutions to launch proxy voting for users on the retail trading platform. The brokerage platform will gather all votes from investors and aggregate them before sharing them with firms. eToro launches proxy voting The...

Berkshire Hathaway Inc, the investment company of billionaire investor Warren Buffett, recently unveiled a major stock investment that marked another big step that the firm took towards the tech sector. According to the company, it bought over $4.1 billion worth...

The past few years have been hard on everyone, from individual people to small and mid-sized companies and, apparently, even major corporations such as Amazon. In fact, according to a source familiar with the company, Amazon intends to go through...

OPEC has lowered its forecast for the 2022 global oil demand growth for the fifth time since April this year. It has also reduced the 2023 figures amid growing economic challenges ranging from high inflation to central banks hiking interest...

Thailand's Department of Special Investigation (DSI) wants to extradite two individuals accused of the Forex-3D scam. The Thai court has already issued arrest warrants on the two individuals - Singaporean national Daryl Cai Younghui and Hungarian model Eddy Polgari. 16...

Mercedes Formula 1 has announced the suspension of its partnership deal with the troubled cryptocurrency exchange FTX.  This comes after the exchange announced on Friday that it has filed for Bankruptcy protection in the United States. The bankruptcy filing includes...

Global financial services firm, AZA Finance, has denounced FTX’s listing of 23 of its subsidiaries as part of its bankruptcy. AZ Finance asserted that its company or its subsidiary is not part of the FTX bankruptcy. On Friday, FTX stated...

Credit Suisse recently halted several investment banking decisions. However, this move is already attracting criticism, with two investors and a proxy adviser saying there were concerns about the conflicts of interest of two directors. Credit Suisse overhaul raises concerns The...

Elon Musk has taken another major financial and ownership decision, but this time, not an acquisition one. After completing a mouthwatering $44 billion acquisition deal for Twitter, the Tesla founder has sold $3.95 billion worth of shares of the electric...

Institutional FX trading services provider DMALINK has announced that it has expanded its global code of conduct order matching feature. The company says the goal is to target eFX market makers. This comes after the company completed the beta version...

After rumors emerged that former U.S. President Donald Trump is considering a return to the top office emerged, shares of Digital World Acquisition Corp surged. The blank check company wants to take Trump’s social media venture public. Three of Trump’s...