Economy

In a landmark move for Colombia’s financial sector, Banco Caja Social has announced its intention to acquire a 51% stake in Banco W. This significant transaction, which has been reported…

The upcoming September jobs report is anticipated to provide further evidence of a labor market that has cooled in 2024. However, the slowdown is unlikely to be severe enough to…

With the holiday season fast approaching, major retailers in the US are preparing for the busiest shopping period of the year. However, despite the usual ramp-up in hiring, there’s a…

The Reserve Bank of India (RBI) is anticipated to keep the repo rate unchanged at 6.5% in its upcoming October 2024 meeting, despite the recent interest rate cut by the…

Global oil markets are on edge as Goldman Sachs cautions that crude prices could skyrocket by $20 per barrel if Iranian oil production suffers from potential Israeli retaliation following heightened…

The escalating conflict in the Middle East sent oil prices higher on Thursday, as traders kept a close eye on potential disruptions in crude flows from the region. However, a…

Indian equity benchmarks, BSE Sensex and NSE Nifty 50 tanked at the opening bell on Thursday on weak global cues due to rising tensions in the Middle East.  Indian markets…

The Bank of England (BoE) could adopt a more aggressive stance on interest rate cuts if inflation data continues to improve, according to Governor Andrew Bailey. However, the escalating conflict…

A significant rally in Chinese stocks is prompting a shift in global portfolios, as investors seek to capitalize on new opportunities, Bloomberg has reported. Following Beijing’s aggressive economic stimulus measures,…