Global Economic Outlook

Gold Prices Surge as Central Banks Diversify Away from US Dollar

Gold Prices Surge as Central Banks Diversify Away from US Dollar

The prices of gold are heading toward their historical highest record, fuelled by huge purchases from central banks around the world. In fact, a lot of central banks are in a race to transfer their assets from the US dollar into gold, especially tho...

Business Announcements

Nippon Steel Acquires U.S. Steel for $14.9 Billion in Landmark Deal

Nippon Steel Acquires U.S. Steel for $14.9 Billion in Landmark Deal

In a groundbreaking move, the iconic U.S. Steel Corporation, with a storied 122-year history, is poised to undergo a major transformation. Japanese powerhouse Nippon Steel has secured a deal worth $14.9 billion to acqui...

Cryptocurrency Trading

Ethereum Surpasses Bitcoin as Top Cryptocurrency Performer of 2024

Ethereum Surpasses Bitcoin as Top Cryptocurrency Performer of 2024

In the ever-evolving landscape of cryptocurrencies, Ethereum has emerged as the top performer of 2024, outshining its formidable rival Bitcoin. While Bitcoin has undoubtedly captured attention with its recent surge, Ethereum's ascent to the forefron...

Industry Insights

Tesla Slashes North American Job Postings

Tesla Slashes North American Job Postings

In what amounts to a sudden twist of events, leading electric car maker Tesla has slashed its job postings in North America from 3,400 positions to just three. The reduction in postings signals the recent struggles that...