The US dollar is mostly firmer today ahead of what promises to be an eventful week. Sterling is bearing the brunt today, off a little less than half-of-a-cent as expectations creep up of a rate...
The two tech giants are winning the artificial intelligence (ai) race and now face intense scrutiny from US antitrust regulators. Will tougher rules hurt the entire ecosystem? Microsoft and Nvidia have quickly taken prime positions in the artificial...
The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day’s low and...
Ferrari already accepts Bitcoin, Ether and USDC in the United States. The Italian carmaker said it is looking to eventually accept cryptocurrencies in additional jurisdictions. Ferrari will soon begin accepting cryptocurrency payments in Europe, the company announced on...
The consolidative phase for the dollar, we anticipated last week, after its recent drop, is evolving into a proper upside correction. We expect the dollar to trade broadly firmer over the next week or so....
The deal comes amid a global race to secure access to lithium, a key material for batteries. Serbia is expecting major investments in its controversial mining project. The European Union and Serbia signed a deal on Friday...
In the current dynamic company environment, financial management must be executed with precision and efficiency. The process by which firms manage their finances has been completely transformed by modern accounting software, which offers capabilities beyond...
Why has IKEA not taken off in a big way, even though it’s known for its DIY furniture assembly concept around the world? There could be several reasons, such as taxes, price, store accessibility, product...
China’s ambition to be the world’s largest economy has been dented by COVID-19, the real estate crisis and an aging population. Boosting growth will be top of mind as Communist Party officials prepare to meet...
The dollar is narrowly mixed against the G10 and emerging market currencies today. The euro is little changed, holding on to last week’s gains, after the surprising French election results, where the focus shifts finding...
The significance of the Red Sea shipping route for global trade is enormous. But for over six months now, Houthi militias from Yemen have been attacking ships in the region for their owners’ or operators’ ties to Israel....
Even those with little money can be home owners in Sweden and Italy, where some houses sell for next to nothing. Still, if a deal seems too good to be true, that is because there...