Business News

Saudi Arabia Discovers New Sites of Gold and Copper in Madinah Region – Details Here

New sites of gold and copper ore deposits have been discovered in Saudi Arabia's Madinah Region.

Sep 23, 2022

By Nandika Vinal Chand

El Crypto Doc: How to survive in a Crypto winter and Bear market?

El Crypto Doc said There is another BIG play to earn game which is releasing during this bear market and that is Illuvium…which will be the first AAA, play 2 earn game to hit the scenes.

Sep 23, 2022

By IBT Desk

Iraq Instability, Not Russia's Ukraine War, to Raise Gasoline Prices; And US Policy Failure is to Blame: Analysis

Washington's policy of alternating between rivals Iran and Saudi Arabia is already wreaking havoc on Americans' energy security.

Sep 23, 2022

By Jacob J

CoinFlex Proposes Restructuring Plan; Creditors to Own 65% of Company, Most Shareholders to Get Wiped Out

Under the restructuring plan, creditors will own nearly 65% of the company and Series A shareholders of the company will lose their equity stakes.

Sep 22, 2022

By Prabhat Ranjan Mishra

After Another Steep Rate Hike, Fed Chair Powell Trusts US Economy to be Resilient and Post Modest Growth

The 0.75 percent rate hike, third in a row, brings the federal funds rate to a new range of 3.0 percent to 3.25 percent.

Sep 22, 2022

By Jacob J

Incoming Recession Isn't Plain Vanilla; US Stocks Could Tank as Much as 40%, Says Nouriel Roubini

Roubini, the chairman and chief executive officer of Roubini Macro Associates, is known as Dr. Doom as he had correctly predicted the 2008 financial crisis.

Sep 21, 2022

By Jacob J

Germany Takes Over Finnish-Owned Uniper as Scramble for Gas Intensifies

The German government takes near total ownership of Uniper, which is controlled by Finnish state-owned energy company Fortum.

Sep 21, 2022

By Jacob J

India's Fintech Market to Reach $1 Trillion by 2030 From $31 Billion in 2021

A major shift towards a more equitable distribution of investment across sectors including insurtech and wealthech is taking place.

Sep 21, 2022

By IANS

UAE Sets Ambitious Target of Pumping 5 Million Barrels of Crude Oil By 2025; How it Works

Adnoc partners with multinational energy giants like Shell, British Petroleum, ExxonMobil, Total, CNPC, ONGC, Oxy and Jodco.

Sep 20, 2022

By Jacob J

Fears of Recession Cast Dark Shadows on Risky Assets, Bitcoin Crashes Yet Again

Bitcoin seems to be on caught a downhill wind as it slipped from the crucial $19,000 mark.

Sep 19, 2022

By Nandika Vinal Chand

Another US Stock Rout in the Offing? More Attractive T-Bills, Dollar Drive Investor Exodus

Last week, brokerage Morgan Stanley had warned that S&P 500 could drop up to 25 percent in the next four months.

Sep 19, 2022

By Jacob J

Digital transformation can help organizations deliver shareholder value during a recession - according to the author and digital thought leader, Suchit Poralla.

Suchit Poralla said Reiterated that digital transformation is not just about technology; it's also about changing how people work.

Sep 19, 2022

By IBT Desk

Global Economy on the Edge of Recession, Slowdown Comparable to the 1970s: World Bank

The world's three largest economies, the US, China and the euro area, have been slowing sharply, the Bank noted.

Sep 17, 2022

By Jacob J

Indian Billionaire Gautam Adani Briefly Takes Second Spot in Global Rich List Overtaking Bezos and Bernard Arnault

Tesla founder Elon Musk is at the top of the global rich list with a seemingly unassailable lead.

Sep 16, 2022

By Jacob J

Elon musk

Germany Seizes Russian Energy Giant Rosneft's Assets and Refining Facilities

Last week, Russian state-owned gas monopoly Gazprom completely stopped gas supplies to Europe through the Nord Stream 1 pipeline.

Sep 16, 2022

By Jacob J

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