Jersey Mike's is set to launch its initial public offering (IPO) with a valuation that could…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
Pakistan Pays Record Prices for Spot LNG Amid Supply Cuts
Pakistan is paying record prices for liquefied natural gas (LNG) as disruptions in supply have forced…
Kuwaiti Tanker Hit in Strait of Hormuz, Oil Tops $90
A Kuwait-owned oil products tanker was struck by a projectile in the Strait of Hormuz near…
Transformers and Rectifiers shares drop 5% on Q1 results
Shares of Transformers and Rectifiers fell 5% on Wednesday following the company's disappointing first-quarter results. The…
UK Government Eliminates 5% VAT on Electricity Bills
The UK government announced on Tuesday that it will eliminate the 5% value-added tax (VAT) on…
CFOs report uncertainty over rising energy costs and budgets
Many Chief Financial Officers (CFOs) from Fortune 500 companies are expressing confusion over rising energy costs,…
India’s Russian Oil Imports Near Record High After Waiver
India's crude oil imports from Russia have remained elevated in July, averaging 2.45 million barrels per…
Paytm to invest ₹100 crore in wealth management unit
Fintech firm One97 Communications, owner of the Paytm brand, announced plans to invest ₹100 crore in…
Oil Prices Fluctuate Amid Risks in Hormuz and Red Sea
Brent crude oil prices fluctuated around $89 a barrel on Wednesday, following a rally of more…