The U.S. v. Google antitrust case is still ongoing, and its outcome is uncertain. However, we have learned how much Google is willing to pay to be the default search engine on various devices and platforms. This means that when you launch a web browser or utilize a search engine, you are automatically redirected to…
A group of Chinese companies and American exporters signed 11 billion-dollar agriculture purchase contracts. This is a positive development for China -American relations. It is anticipated that the United States will reciprocate by removing additional tariffs on Chinese goods in order to promote economic and trade cooperation, which will benefit both countries and the global community….
Sources say that Reliance Industries and Walt Disney Co. are about to make a big deal in India. When this deal is done, Reliance will have more power over Disney’s $10 billion business in India. Disney will still have a little piece of the business. They have different ideas about how much the business is…
Foxconn, a well-known global corporation renowned for manufacturing Apple iPhones, has recently been subject to tax audits by Chinese authorities, according to Sunday news reports. Tax officials inspected the Guangdong and Jiangsu offices of this company headquartered in Taiwan and formally known as Hon Hai Precision Industry Co., Ltd. The Ministry of Natural Resources inspected…
Renowned finance guru Robert Kiyosaki believes Bitcoin (BTC) is set for a spectacular rise, especially after breaking through the important $30,000 barrier. The bestselling author of “Rich Dad, Poor Dad” shared his positive perspective with his 2.4 million followers on the social media platform X, implying that he expects tangible assets such as gold, Bitcoin,…
An interesting turn of events happened when Caroline Ellison, the former CEO of Alameda Research, testified in federal court. She painted a disturbing picture of lying and money problems. Ellison told the reporters that her boss, Sam Bankman-Fried, told her to lie on lenders’ balance sheets to hide billions of dollars in lost funds. Bankman-Fried…
Exxon Mobil announced the acquisition of Pioneer Natural Resources for a staggering $59.5 billion in a significant move. This strategic decision signifies a greater commitment to fossil fuel production at a time when global concerns about climate change are intensifying and the drive for greener energy sources is stronger than ever. Exxon’s decision to concentrate…
Monday, military clashes between Israel and the Palestinian Islamist group Hamas caused oil prices to rise more than 2%. This was because of worries of a bigger war in the Middle East. At 8:59 GMT, Brent oil was up $2.28, or 2.7%, to $86.86 a barrel, and U.S. West Texas Intermediate crude was up $2.44,…
Metro Bank’s stock dropped 25% this morning as the City processed the lender’s latest setback: a request to raise £600 million to shore up its finances. When the company launched in the United Kingdom in 2010, it pledged to alter the face of banking by introducing new consumer-friendly branches. It worked at first, until an…