MARKET TRENDING NEWS

JPMorgan & Co., the American financial services company, has reportedly increased its economic forecast 2024 for India. It also recommended caution due to a global slowdown. The investment bank raised its growth estimation from 5% to 5.5%, taking into account the latest data showing India'... Read More

Ola Electric, an electric mobility startup, has reportedly showcased interest in investment banks Goldman Sachs and Kotak Mahindra Capital to assist with the upcoming IPO in early 2024. The company aims to go public before the discontinuation of government subsidies for electric vehicles. This mo... Read More

Tianqi Lithium (002466.SZ), a China-based major lithium producers, has reportedly cited the anticipation for more consolidation in the lithium industry. The reckoning comes after the recent merger worth $10.6 billion between Allkem Ltd. and Livent Corp. The deal has showcased a possibility for more ... Read More

Apple Inc recently announced its results according to which, the company beat Wall Street expectations for revenue and profit for the April 1 quarter. The company witnessed higher than expected iPhone sales, with significant growth in India and few other markets. Share of Apple, the biggest compa... Read More

Chinese refining giant Sinopec Corp. has reportedly noted a surge in demand for gasoline and diesel across China in the current quarter, as opposed to the first three months of 2023. The trend is anticipated to contribute to the firm’s profitability in the coming months. According to Chief ... Read More

US-based software firm, New Relic, has reportedly announced it has consolidated its partner ecosystem across the Asia Pacific with the help of an improved set of co-branded onboarding, marketing, and enablement programs that are specifically curated for individual partner needs. As per reports, t... Read More

Disney has recently sidestepped the board appointed by Florida’s government to oversee Disney’s Orlando theme park through a last-minute royal clause.  The district was run by Disney for nearly half a century, until Florida officials penalized the firm not abiding by state laws focu... Read More

Credit Suisse has reportedly decided to borrow USD 53.68 billion from the Swiss National Bank, under a short-term liquidity and covered loan facility. The decision has been made in an attempt to try to rejuvenate operations following a fall in shares after Saudi National Bank, its top investor, with... Read More

Rune Labs, a neurology software and data platform provider, has recently announced a collaboration with biopharmaceutical firm BlueRock Therapeutics, a wholly owned subsidiary of Bayer AG. BlueRock will use the clinical trial technology of Rune Labs featuring patient monitoring and data collection f... Read More

The Netherlands has reportedly decided to put into effect certain restrictions on the export of microchip equipment to China for the reason of national security. The Dutch government is following a similar move made by the U.S. This move will limit the export of products from chip equipment manufact... Read More