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Friday, June 09, 2023

Category: Economic News

Explainer-What India’s Decision to Scrap Its 2000-Rupee Note Means For its Economy
Economic News

Explainer-What India’s Decision to Scrap Its 2000-Rupee Note Means For its Economy

Administrator_India May 20, 2023

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens … Read More

Comment on Explainer-What India’s Decision to Scrap Its 2000-Rupee Note Means For its Economy
Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings
Economic News

Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings

Administrator_India February 7, 2023

U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular session lower as rising yields put pressure on risk-sensitive assets … Read More

expectationsindustrialregularsessionspeeches Comment on Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings
Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll
Economic News

Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll

Administrator_India February 6, 2023

Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the COVID situation … Read More

contractionEconomyestimatedGokhaleMadhumitaprojecting Comment on Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll
Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%
Economic News

Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%

Administrator_India February 3, 2023

U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET … Read More

benchmarkcautiousCompaniesexpectedrevenuesUnemployment Comment on Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%
Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales
Economic News

Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Administrator_India February 2, 2023

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” … Read More

cautioningconcernspersonal dataproductiveresulting Comment on Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales
ECB To Raise Rates Again And Face Questions About Future Path
Economic News

ECB To Raise Rates Again And Face Questions About Future Path

Administrator_India February 2, 2023

The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how … Read More

acceleratingdisappointmentsEnvironmentInflationunwinding Comment on ECB To Raise Rates Again And Face Questions About Future Path
Vodafone Interim CEO Vows to ‘Do Better’ After Q3 Revenue Growth Slows
Economic News

Vodafone Interim CEO Vows to ‘Do Better’ After Q3 Revenue Growth Slows

Administrator_India February 1, 2023

in third-quarter revenue growth that stemmed from weak performance in key European markets. Organic growth in service revenue dropped to 1.8% year-on-year during the three-month period to December 31 to … Read More

connectivitycustomersdeliveringEuropean tradingformerreplaced Comment on Vodafone Interim CEO Vows to ‘Do Better’ After Q3 Revenue Growth Slows
UniCredit Hikes Payout Goal By 40% After Record Rofit
Economic News

UniCredit Hikes Payout Goal By 40% After Record Rofit

Administrator_India January 31, 2023

UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit, as CEO Andrea Orcel works to … Read More

authorisationincludingmaximise returnsquarterly profitremuneration Comment on UniCredit Hikes Payout Goal By 40% After Record Rofit
Rising Interest Rates Have a Sting in The Tail For Europe’s Banks
Economic News

Rising Interest Rates Have a Sting in The Tail For Europe’s Banks

Administrator_India January 30, 2023

Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rock-bottom … Read More

Commercialdealmakingfinancial crisisInvestmentjudgementsproperty Comment on Rising Interest Rates Have a Sting in The Tail For Europe’s Banks
MSCI Seeks Feedback On Adani Group Over Hindenburg Report
Economic News

MSCI Seeks Feedback On Adani Group Over Hindenburg Report

Administrator_India January 28, 2023

Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies … Read More

describedextremelyHindenburgResearchstatement Comment on MSCI Seeks Feedback On Adani Group Over Hindenburg Report

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Latest Posts

Administrator_India June 9, 2023

Kim Kardashian seeks Secret of Private Equity Success As Rising Rates Bite

Administrator_India June 8, 2023

Asian Stocks Dip As Markets Weigh Fed Fears, China Stimulus Hopes

Administrator_India June 7, 2023

Asian Stocks Edge Past Weak Economic Signals, Chinese Shares Lag

Administrator_India June 6, 2023

Exclusive-Accounting For War: Ukraine’s Climate Fallout

Administrator_India June 5, 2023

Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats

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