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March 26, 2023
Asia's economic data and policy calendar is light, but investor focus is fixed elsewhere.
March 25, 2023
Tui’s 1.8 billion euro capital raise releases it from government clutches and sets it up for brighter skies. The travel operator said on Friday it plans to issue new stock to raise 1.8 billion euros, at the high end of the 1.6 billion to 1.8 billion euros flagged in December by Chief Financial Officer Mathias Kiep. Like many travel companies Tui required funds to keep it afloat during the pandemic when holidays were cancelled and flights were grounded. The 2.7 billion euro company received a s...
March 25, 2023
After a year of fighting losing battles, one of the United States’ biggest trustbusters is taking on a fight where it will be easy to find support. The Federal Trade Commission proposed new rules on Thursday that would make canceling subscriptions less burdensome for consumers. The measures are sensible and offer obvious benefits to millions of Americans. Plus it could earn the FTC some brownie points.
March 25, 2023
Microsoft passed the first level of the UK’s antitrust game, convincing the country’s Competition and Markets Authority to drop one of its two main worries about the software giant’s $69 billion deal for video-game developer Activision Blizzard . The seller’s shares rose 5% on the news Friday, but hurdles remain.
March 25, 2023
Augur (REP) traded 0.2% higher against the dollar during the 1-day period ending at 0:00 AM Eastern on March 24th. One Augur token can currently be bought for $8.73 or 0.00031653 BTC on cryptocurrency exchanges. During the last seven days, Augur has traded down 2.7% against the dollar. Augur has a total market cap of […]
March 25, 2023
Saudi Arabia has joined the Western bank bagholder club. Saudi National Bank (SNB), 37% owned by the kingdom’s $600 billion Public Investment Fund, admitted on Monday that its $1.4 billion swoop for 10% of Credit Suisse had gone sour after the latter collapsed into the arms of UBS . The good news for SNB Chairman Ammar Al Khudairy is that his $1 billion-plus loss is neither the first nor the last time an eastern investor will take a big bath on a U.S. or European financial group.
March 25, 2023
Augur (REP) traded 3.8% lower against the dollar during the 1-day period ending at 16:00 PM Eastern on March 25th. Augur has a total market cap of $92.66 million and $12.58 million worth of Augur was traded on exchanges in the last 24 hours. One Augur token can currently be purchased for approximately $8.42 or […]
March 24, 2023
India has emerged as a renewable energy star after boosting solar capacity by a whopping 28% in 2022, rivalling China's growth rate and outpacing European heavyweights which deployed record funding on energy transition efforts last year.
March 24, 2023
So you’re taking things off of dating apps and into real life, yay! Now it’s time to plan the first date, which includes deciding on a day to suggest. This actually can be a more difficult decision than you originally thought.
March 24, 2023
The dollar was steady on Friday near seven-week lows as nervousness over the banking system kept investors skittish and traders absorbed the Federal Reserve's hints of a pause to interest rate hikes.