The $14.1 billion possible sale of US Steel to Japan’s Nippon Steel has raised many eyebrows with President Biden, former President Trump, and Vice President Kamala Harris all opposing it. However, a stern warning has been issued by the US…
By bringing some changes in themselves and analyzing the needs of the American steel industry, the Biden government is closer to blocking the US $ 14 billion purchase plan of U.S. Steel by Nippon Steel of Japan. David Burritt (CEO)…
Amid the trial regarding the proposed $25 billion merger with rival Albertsons, Kroger CEO Rodney McMullen recently addressed worries about increasing grocery prices. During his time testifying in Portland, Oregon, McMullen pointed to several reasons for the escalation in costs…
Stock markets worldwide are now turning bearish with increased worries over global growth affecting particular sectors, especially the technology sector. The selloff which started on Wednesday has triggered investors dumping on most risk assets, shaving off Asian shares and global…
Bitcoin recently tested a one-month low as traders in various asset classes around the world have shown increasing aversion to risky assets due to mounting concerns about the economic outlook. Bitcoin, the dominant digital currency, was down more than 4…
And What is Fueling the Household Savings in India Once Again? Among all the reasons Indian households are expected to become the top net lenders to the economy for the decades ahead due to an increase in their income leading…
The global stock market was stalled when top-performing stocks degrade into the worst performers, consequently, causing a lot of wiped out across the world’s most-used benchmarks. Asian shares sank on Wednesday, with semiconductor stocks being on the receiving end, the…
Australians are shifting more of their spending to necessities that are driven by; ongoing high inflation rates and high mortgage rates which have seen consumers cut spending through rationalization. New information derived from the Australian Bureau of Statistics revealed today…
