International News

Amazon’s iRobot Acquisition Faces Hurdles in Europe

Amazon’s iRobot Acquisition Faces Hurdles in Europe

Antitrust Concerns in Europe: iRobot shares plummet 19% as Amazon declines concessions to EU antitrust watchdog, risking acquisition. Regulatory Hurdles…

January 11, 2024

EU Launches Competition Investigation into Microsoft’s OpenAI Investment

EU Investigation on Microsoft-OpenAI: European Commission probes Microsoft's $13 billion investment in OpenAI, focusing on potential anticompetitive practices. Regulatory Concerns…

January 10, 2024

U.S. Treasury Secretary Pledges Support for Egypt’s Economy Amid Talks Over IMF Loan Expansion

U.S. Pledge of Support: Secretary Yellen assures Egypt of robust U.S. support for economic reforms amid talks on IMF loan…

January 10, 2024

Fino Payments Bank Seeks Transition to Small Finance Bank Status Following RBI’s Guidelines

Fino's Transition to SFB: Fino Payments Bank applies to become a Small Finance Bank, aligning with RBI guidelines for growth.…

January 9, 2024

British Retailers Face Lacklustre Christmas Sales, Raising Recession Concerns

Retail Struggles: British retailers faced lacklustre Christmas sales, with December spending only 1.7% higher, dampened by inflation. Economic Challenges: High…

January 9, 2024

Oil Prices Steady Amidst Middle East Tensions and OPEC Supply Concerns

Market Volatility: Brent and WTI futures stabilize after a 3-4% drop, driven by Saudi cuts and rising OPEC output. Geopolitical…

January 9, 2024

China Evergrande New Energy Vehicle Group (HK:3333) Halts Trading Amid Uncertainty

China Evergrande New Energy Vehicle Group halts shares ahead of an unspecified announcement, leaving investors in suspense. No details provided,…

January 8, 2024

Brazil’s Tax Shake-Up Sparks Congressional Clash: Minister’s Bold Move Faces Backlash in Economic Overhaul

Brazil's Finance Minister faces opposition for proposing tax adjustments through an executive order, challenging Congress decisions. Senator Efraim Filho criticizes…

December 28, 2023

Bridging Borders: US-Mexico Collaboration Sparks Solutions to Record Migration Surge

Collaborative Solutions: U.S. and Mexico pledge joint efforts to address record migration, focusing on comprehensive solutions and root causes. Initiatives…

December 28, 2023

German Market Rollercoaster: Stocks Slide, Sectors Struggle, and Surprising Performers Emerge in Thursday’s Trading

German stocks dipped on Thursday, with losses in Construction, Technology, and Retail sectors driving index declines. DAX, MDAX, and TecDAX…

December 28, 2023