September 14, 2024
Crypto Market Volatility Surges Due to Regulatory Uncertainties
The cryptocurrency market remains highly volatile as the regulatory pressure increases and institutional investors keep on joining the market. Bitcoin, the most popular cryptocurrency in the market, has been volatile in the last few weeks, with its price fluctuating by more than 20 percent within a few days. The reason for this volatility has been […]
Global Tech Giants Face Antitrust Scrutiny from Regulators
Global regulators are increasing their focus on the large technology firms, with several big antitrust cases emerging this week. The European Union’s antitrust regulator has opened a new case against Google, this time to investigate the search and advertising giant’s alleged anti-competitive behavior in digital advertising. This move is in line with the recent activities […]
Green Energy Transition Accelerates as Governments Unveil Ambitious Climate Policies
The shift to green power is stepping up as more countries and their leaders announce new climate targets and funding strategies. This shift is changing industries, opening up new markets and economic models, as well as presenting problems for more conventional energy organisations. In a recent move, the European Union has set its new target […]
Central Banks Signal Caution as Global Inflation Concerns Persist
Global central banks are indicating that they are likely to become more cautious in their policies given the ongoing inflation pressures even after they have hiked rates in the recent past. This shift in tone is coming at a time when the policymakers are struggling to control inflation without derailing the economy growth. The Federal […]
Global Supply Chains Face New Disruptions as Red Sea Tensions Escalate
Global supply chains are strained yet again due to the ongoing tensions in the Red Sea region that has compelled the shipping companies to alter the routes of their vessels and thus leading to delayed shipments all across the globe. It has however, deteriorated in the recent past due to Houthi rebels in Yemen increasing […]
Global Markets Rally as Tech Sector Surges on AI Optimism
There was a strong rally in stock markets across the world today led mainly by technology shares as investors continue to bet on artificial intelligence. The S&P 500 rose 1. 8%, while the Nasdaq Composite index of technology companies rose 2. 5% and both hitting new all-time highs. European markets also posted gains with the […]