ECB Rate Cut Sends Global Stocks Lower, Gold and Oil Prices Drop
Global stocks fell and major Wall Street indexes dropped after the ECB cut interest rates. European stocks and the Swiss franc also reacted negatively. Meanwhile, the US PPI surged...
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Could Trump's Policies Mark the Beginning of the End for the US Dollar's Global Dominance?
Donald Trump's 'America First' policies and threats of tariffs could potentially disrupt global trade and hasten the end of the US dollar's dominance, which has been central to int...
Bobby Kotick Continues to Eye TikTok Acquisition Amid Regulatory Challenges
Former Activision Blizzard CEO Bobby Kotick is reportedly still considering the acquisition of TikTok, planning to hold off until after Donald Trump's expected return to office. By...
Oil Prices Stabilize Amid IEA Forecast and Rate Cut Hopes
Oil prices stayed steady as markets balanced IEA's ample supply forecast against hopes for a Federal Reserve rate cut. Brent and WTI crude futures saw minor declines, influenced by...
Saudi Wealth Fund Acquires Significant Stake in London's Heathrow Airport
Saudi Arabia's Public Investment Fund and French investment firm Ardian acquire a significant stake in Heathrow Airport Holdings, altering the ownership structure of one of England...
Trump and Google CEO Sundar Pichai to Discuss Tech Industry Concerns at Mar-a-Lago
Google CEO Sundar Pichai is set to meet with US President-elect Donald Trump to discuss tech industry concerns, including Trump's criticism of perceived bias and Google's antitrust...
Apple's Bold Move: In-House Bluetooth and Wi-Fi Chips for Future Devices
Apple plans to replace Broadcom's Bluetooth and Wi-Fi components with its own in-house chip, Proxima, starting from 2025, manufactured by Taiwan Semiconductor Manufacturing Co. Thi...
Oil Prices Rise Amid US Inflation Data and IEA Demand Forecast
Oil prices increased due to U.S. inflation data and IEA's revised oil demand outlook, signaling potential Federal Reserve interest rate cuts and resilient global oil demand.
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