
S&P Futures Pump Amidst New Fed Rates
Feb 01, 2024 06:57 am UTC| Business
On Wednesday night, SP 500 futures showed signs of improvement following a challenging day for major stock indices. The Federal Reserve opted to maintain interest rates but hinted at the unlikelihood of a rate cut in...

Hulu, Disney+, ESPN+ Launch Password-Sharing Crackdown
Feb 01, 2024 06:55 am UTC| Business Technology
Disney+, Hulu, and ESPN+ have updated their subscriber agreement to prohibit sharing accounts with people outside households. The Walt Disney Company has changed the terms of its streaming platforms user agreements to stop...

Feb 01, 2024 06:10 am UTC| Business
In what can be described as a corporate saga, the anticipated merger between Sony and Zee has been abandoned following disagreements on over 20 compliance matters. Details emerging from internal correspondence indicate...

Amer Sports Embarks on a Challenging US Market Debut
Feb 01, 2024 05:20 am UTC| Business Sports
Despite the uncertainties marred by its deepening ties to the Chinese economy, Amer Sports entered the US stock market on January 31st by raising $1.365 billion in a discounted initial public offering. This figure fell...

Chinese EV Manufacturers Suffer Delays in Deliveries Due to Huawei's Production Snag
Feb 01, 2024 04:51 am UTC| Business
Several prominent Chinese car manufacturers are facing delivery postponements for their top electric vehicles (EVs) due to complications within Huaweis crucial computing unit production chain. The predicament hinges on the...

Silver Hill Energy Partners Acquires Liberty Resources' Oil and Gas Assets
Feb 01, 2024 04:43 am UTC| Business
Silver Hill Energy Partners LP said it has signed definitive agreements with Liberty Resources II, an oil and gas company based in Denver. It will acquire the latters oil and gas properties, rights, and other assets it...

The Messenger Closes Business Less Than a Year After Launch, Employees Facing Dismissal
Feb 01, 2024 04:35 am UTC| Business
The Messenger, a US-based news website founded by Jimmy Finkelstein, announced it is shutting down its news site. The startup struggled to stay afloat even if it was only launched on May 15, 2023. The Messenger said the...
The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen
How the US–India tariff truce boosts major Indian industries, Surat to Pharma