1. Home
  2. Business

Category: Business

Business
Nasdaq moves into correction territory as Iran war weighs on markets

Nasdaq moves into correction territory as Iran war weighs on markets

U.S. stocks and bonds sold off Thursday and oil continued its weekslong upward trajectory, as optimism faded about possible peace talks or a U.S.-Iran ceasefire. The price of U.S. crude oil rose near $95 per

Business
Jury finds Meta and YouTube negligent in landmark lawsuit on social media safety

Jury finds Meta and YouTube negligent in landmark lawsuit on social media safety

LOS ANGELES — A jury found Meta and YouTube negligent in the design or operation of their social media platforms, producing a bellwether verdict in the first lawsuit to take tech giants to trial for social

Business
USD/JPY forecast as Japan mulls yen intervention amid the sell-off

USD/JPY forecast as Japan mulls yen intervention amid the sell-off

The Japanese yen continued its downtrend this week, raising the possibility that the Bank of Japan (BoJ) will intervene as it nears a crucial level. The USD/JPY exchange rate was trading at 159.60, a few

Business
Pi Network price has stalled: what next as headwinds rise?

Pi Network price has stalled: what next as headwinds rise?

Pi Network price has gone nowhere this week as the recent bullish momentum waned after Pi Day and Kraken listing. The token dropped to $0.1800 on Friday, down by 37% from its highest point this

Business
At least 40% of Russia’s oil export capacity halted, Reuters calculations show

At least 40% of Russia’s oil export capacity halted, Reuters calculations show

At least 40% of Russia‘s oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers, according to Reuters calculations based on market

Business
What we know about the LaGuardia plane and fire truck crash

What we know about the LaGuardia plane and fire truck crash

The two pilots killed in the collision between a passenger jet and a Port Authority fire truck at New York’s LaGuardia Airport late Sunday have been identified as Antoine Forest and Mackenzie Gunther. The pair

Business
MDA Space stock has suffered a harsh reversal: is it a buy now?

MDA Space stock has suffered a harsh reversal: is it a buy now?

The MDA Space stock price slumped by 10% on Tuesday, moving from a low of $28.40, its lowest level since March 5. It has dropped by 13% from its highest point this year, giving it

Business
Here’s why Hang Seng, Nikkei 225, Kospi, Shanghai Composite are falling

Here’s why Hang Seng, Nikkei 225, Kospi, Shanghai Composite are falling

Asian indices like the Hang Seng, Nikkei 225, Shanghai Composite, and Kospi retreated on Thursday, erasing some of the gains made on Wednesday as optimism about talks between the United States and Iran rose.Hang Seng,

Business
Here’s why South Korea’s KOSPI Index is rising and what next

Here’s why South Korea’s KOSPI Index is rising and what next

The KOSPI Composite Index jumped by over 1.7% on Wednesday as global stocks continued their recovery amid optimism that the Iran war will end soon. It jumped to KRW 5,653, up modestly from the weekend

Business
BT share price cup & handle pattern forms: will it jump to 250?

BT share price cup & handle pattern forms: will it jump to 250?

BT Group share price rose by over 3% after the company reached a new £200 million deal with Northern Ireland Electricity Networks (NIE). It jumped to 206p, up slightly from this week's low of 198p.