A significant shift in the way UK consumers handle their financial transactions has been observed, as one in three Britons made contactless payments via phone each month last year. This…
Investing
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Investing
Apple COO engages with Chinese officials amid US-China tensions and geopolitical strains ahead of iPhone 16 launch
As Apple prepares to unveil the highly anticipated iPhone 16 this September, it faces a complex geopolitical landscape that could impact its business strategy. With China remaining a critical player…
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Investing
Moody’s downgrades Thames Water’s credit rating to ‘junk’, cites weakening liquidity position
Thames Water, the UK’s largest water utility, has seen its credit rating slashed to junk status by Moody’s Ratings. The downgrade comes after the UK’s water regulator placed the company…
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In the shifting landscape of social media, Truth Social has emerged as a significant player with an ambitious goal and a controversial figurehead. Founded and largely owned by former US President…
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British monarchy’s Crown Estate profits hit record £1.1 billion amid booming offshore wind sector
The British monarchy’s legacy portfolio of land and property holdings has seen an unprecedented increase in profits, reaching a record £1.1 billion. This surge is primarily attributed to the booming…
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Investing
Gulf stock markets surge: Dubai leads with earnings boost as Fed rate cut speculation mounts
Gulf stock markets displayed a mixed yet optimistic picture on Tuesday, buoyed by solid corporate earnings and growing expectations of U.S. Federal Reserve rate cuts. The complex market dynamics reflect…
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With Donald Trump signaling a return to aggressive oil policies, investors are eyeing the best energy ETF to capitalize on potential gains. Trump’s track record as a staunch supporter of…
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Texas Instruments faces investor scrutiny amid high capex spending: What to expect in Q2 earnings
Texas Instruments (NASDAQ: TXN) is set to report its Q2 earnings after the market close today. Analysts are anticipating declines in both revenue and profit as the company continues its…
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General Motors (GM) has announced a significant delay in its electric vehicle (EV) expansion plans, impacting the automaker’s ambitious production targets. On Tuesday, GM revealed it would push back the…
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The UK’s Medicines and Healthcare products Regulatory Agency (MHRA) has approved Novo Nordisk’s weight loss drug, Wegovy, for the prevention of serious cardiovascular events in overweight and obese adults. This…
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Investing
Lack of charging infrastructure hinders electric vehicle adoption in Europe, new poll reveals
A recent Statista Consumer Insights poll has highlighted a major obstacle to electric vehicle (EV) adoption across Europe: inadequate charging infrastructure. The survey reveals that over 20% of potential EV…
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General Motors Co (NYSE: GM) is poised to gain from the Federal Reserve’s anticipated rate cuts beginning in September, according to Paul Jacobson, the company’s Chief Financial Officer. In an…
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Coinbase Global Inc. (NASDAQ: COIN) received an upgrade today from Citi analyst Peter Christiansen, who shifted the stock from a Neutral/High-Risk rating to a Buy/High-Risk rating. Along with this upgrade,…
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In the ever-evolving logistics sector, C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has recently been garnering a lot of attention due to a positive shift in analysts’ sentiments. On July…
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Coca-Cola has announced an increase in its full-year outlook, attributing the rise to robust global demand for its beverages during the second quarter of 2024. The company has adjusted its…