‘…similar to the 2008 global financial crisis, the 2012 taper tantrum, or the 2018 midcap crash.’‘This could lead to a substantial decline in activity and revenues for the broking industry.’‘When this will happen is uncertain, but as brokers, we must be prepared for such a downturn.’ “Private equity and venture […]

Quitting smoking can lower the risk of developing type 2 diabetes by as much as 30 to 40 percent, a new study shows. The new report, jointly developed by WHO, the International Diabetes Federation (IDF) and the University of Newcastle, was released on Tuesday, marking world diabetes day. IDF estimates […]

Global market sentiment was broadly of caution ahead of the crucial CPI data release from the U.S. Markets expect the headline inflation to decline and the core component that excludes the volatile food and energy prices, to remain steady. Wall Street Futures are trading with mild gains. European benchmarks are […]

EV giant Tesla Inc. (TSLA) can sue its customers who resell their Cyberturck within the first year of ownership. According to a recently added section of the vehicle’s order agreement, titled “For Cybertruck Only”, the company only allows its customers to sell their vehicle after 1 year of usage. “You […]

The September-quarter (second quarter of financial year 2023-24, or Q2FY24) performance of Divi’s Laboratories fell short of analyst expectations, especially on the profitability metric. Rise in input costs, inventory write-off, and pricing pressures led to a drop in gross margins. Higher competitive pressures led to cuts in operating profit margins […]

The Great American Smokeout event is here, and the U.S. health regulators are offering some helping hand for those who desire to quit smoking. The difficult to beat addiction to Nicotine may be a barrier, but the U.S. Food and Drug Administraion and the Centers for Disease Control and Prevention […]

Federal Reserve Chair Jerome Powell addressed the outlook for U.S. monetary policy during remarks on Thursday, saying the central bank “will not hesitate” to resume raising interest rates if it becomes appropriate. Participating in a policy panel at the 24th Jacques Polak Annual Research Conference in Washington, D.C., Powell acknowledged […]

After ending the previous session little changed, stocks are turning in another lackluster performance during trading on Thursday. The major averages are once again bouncing back and forth across the unchanged line. Currently, the major averages are posting modest losses. The Dow is down 96.54 points or 0.3 percent at […]

The United States has confirmed Israel’s claim that underground Hamas command centers are operating in some hospitals in Gaza Strip. “Now, on the hospitals, I can confirm for you that we have information that Hamas and the Palestinian Islamic Jihad use some hospitals in the Gaza Strip, including Al-Shifa, and […]

Toyota Motor North America, affiliated to Japanese automajor Toyota Motor Corp., has introduced purely hybrid next generation Camry as well as Crown Signia SUV into the United States market. As a part of Toyota’s effort to provide electrification for all, the 2025 Toyota Camry will be an exclusively Hybrid Electric […]