News

Japan manufacturing slipped in June due to a steep decline in output, IHS Markit reported Wednesday. Jibun Bank Japan Manufacturing Purchasing Managers' Index dropped to 51.5 in June from 53.0...

Moody’s economist Mark Zandi, has expressed concerns that Fed’s reduced support towards the U.S. economy could plunge the country’s stocks by 20%, according to Business Insider. According to Mr. Zandi,...

Bitcoin continues to struggle as China’s central bank reinstated their commitment on cracking down on cryptocurrencies and banning trading channels for Chinese citizens. Bitcoin sell-off persisted as the Bank of...

Tesla Inc. is set to hold an AI Day by next month in a bid to entice talent to join the company, Electrek reported. Chief Executive Officer Elon Musk took...

Eight banks, which were not allowed to sell syndicated debt sales, got the greenlight to take part in future bond issues, according to a report by Reuters on Friday. JP...

Michael Burry of "The Big Short" fame took to Twitter on Thursday to warn of a looming crash of cryptocurrencies, Insider reported. Burry in a series of tweets said he...

British retailer Tesco PLC. posted a sharp decline in sales growth for the first quarter as customers headed out to dine in establishments, Reuters reported. Like-for-like sales excluding taxes climbed...

Diversified conglomerate Danaher Corp. on Thursday said it has inked a $9.6-billion purchase agreement for biotech firm Aldevron. Danaher will pay in cash, funded internally through cash on hand and...

Baidu partners with BAIC Group, a state-owned manufacturing firm to design and build 1,000 driverless cars in three years, according to a report by CNBC News on Thursday. Baidu has...

Billionaire investor Gautam Adani’s personal fortunes shrank by about $9 billion following questions about three of his offshore accounts, according to Bloomberg. Media reports on Monday said that Indian authorities...

Asset management firm Ark Invest snatched $42 million worth of shares of sports betting operator DraftKings Inc. on Tuesday, MarketWatch reported. The transactions were made through the ARK Innovation ETF...

Indonesia’s central bank will not allow digital currencies as a form of payment, according to Beincrypto. Central Bank Governor Perry Warjiyo said cryptos would not be permitted for “other financial...