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China factory activity shrinks for a second month in November

China’s factory activity contracted for a second straight month in November, while non-manufacturing activity hit yet another new low for the year, signaling that the world’s second-largest economy is not…

Gaurav Verma Gaurav Verma 2 years ago
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Henry Kissinger, the towering American diplomat, dies at age 100- see his full story of Life

Henry Kissinger, the Holocaust survivor and Harvard professor who became a towering U.S. diplomat, master political manipulator and pop culture icon — loved by admirers and loathed by detractors —…

Gaurav Verma Gaurav Verma 2 years ago
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Elon Musk claims advertisers are trying to ‘blackmail’ him, says ‘Go f— yourself’

Speaking at the 2023 DealBook Summit in New York on Wednesday, Elon Musk, the owner of social media site X (formerly Twitter), scoffed at advertisers leaving the platform because of antisemitic…

Gaurav Verma Gaurav Verma 2 years ago
Banking

Turkey’s central bank hikes interest rate by 500 basis points to 40%, well above expectations

Turkey’s central bank on Thursday hiked its key interest rate, the benchmark one-week repo rate, by another 500 basis points to 40%. The hike was double economists’ expectations, who had forecast…

Gaurav Verma Gaurav Verma 2 years ago
Banking

New Zealand dollar jumps 1% as central bank holds rates, warns of more hikes

The New Zealand dollar jumped 1% to nearly 0.62 against the U.S. dollar after the Reserve Bank of New Zealand held its official cash rate at 5.5% and warned that rates could go higher…

Gaurav Verma Gaurav Verma 2 years ago
World

When does winter start in the Chicago area? What to know about the winter solstice

Since the Chicago area saw measurable snow over the weekend, many are wondering when the winter season will officially begin. The answer might be longer than many think. Chicago typically…

Gaurav Verma Gaurav Verma 2 years ago
E- Commerce

Amazon announces new AI chip as it deepens Nvidia relationship

Amazon’s AWS cloud unit has announced new chips for customers to build and run artificial intelligence applications on, as well as plans to offer access to Nvidia’s latest chips. Amazon Web…

Gaurav Verma Gaurav Verma 2 years ago
Other Business News

South Korea markets will offer the highest earnings growth next year, Goldman Sachs says

South Korean stocks have so far emerged as an undervalued and underloved part of Asia-Pacific equity markets but that is exactly what could make them attractive to investors next year,…

Gaurav Verma Gaurav Verma 2 years ago
Other Business News

Apple is trying to unwind its Goldman Sachs credit card partnership

Apple has given Goldman Sachs a proposal to end its credit-card and savings account partnership within the next 12 to 15 months, a person familiar with the matter told CNBC’s Leslie Picker. The…

Gaurav Verma Gaurav Verma 2 years ago
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Charlie Munger-The investing genius dies at age 99 see everything about him here

Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according…

Gaurav Verma Gaurav Verma 2 years ago
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