Military analysts have spotted a vessel at a Chinese shipyard using satellite images and have opined that it could be a new or upgraded class of nuclear-powered attack submarine. The development comes in the wake of a report from the… Read More ›
analysts
Ukraine facing significant shortage in agricultural produce storing capacity
According to analysts at APK-Inform, Ukraine is likely to face a significant shortage of storing facilities in the 2022-2023 season following a sharp fall in exports as a fallout of the Russian invasion. Since late February, Ukraine has been forced… Read More ›
Euro weighed down by potential sanctions on Russia, ban on cheap LNG
Talks of European banning Russian gas placed a lid on the rise of the Euro even as the US dollar firmed up with expectations of a rise in U.S. interest rates. The euro has been weighed down by worries of… Read More ›
Barclays facing $592M loss, increased regulatory scrutiny over non-compliance of sales limit of structured products
In a significant development, Barclays is facing an estimated $592 million (450 million pound) loss and regulatory scrutiny for exceeding a U.S. limit on sales of structured products, some of which have surged in popularity following the Russian invasion of… Read More ›
COVID-19 curbs at Chinese ports threaten to whiplash global supply chain
With the coronavirus induced COVID-19 infections spreading in China, the length of container ships queued up outside major Chinese ports are increasing by the day with outbreaks in manufacturing export hubs threatening to unleash a fresh wave of global supply… Read More ›
International investors could be severely hit if sanctions-hit Russia defaults on international debt: JPMorgan
Analysts from JPMorgan have warned, Western sanctions on Russia have significantly increased the likelihood of Moscow defaulting on its dollar- and other international market government debt. Russia has more than $700 million in government bond repayments scheduled for this month…. Read More ›
Pfizer’s surge in revenue triggers potential acquisitions
On Tuesday, investors hope to learn Pfizer Inc’s plans for what could be a once in a generation cash infusion from COVID-19 treatments and vaccines in 2022. Some drugmakers are looking to spend on potential acquisitions. According to Chief Executive Albert… Read More ›
Frontier Group Holdings and Spirit Airlines Inc announce $2.9 billion merger
In a statement budget carriers Frontier Group Holdings and Spirit Airlines Inc announced their merger in a bid to create the fifth-largest U.S. airline in a deal worth $2.9 billion. With the news of the proposal to create a new carrier… Read More ›
Global airlines prepare to deal with Omicron fallout
Global airlines are bracing for a fresh round of volatility following the emergence of yet another COVID-19 variant Omicron which is likely to force them to adjust schedules and destinations at short notice and once again force them to rely… Read More ›
Twitter’s CEO Jack Dorsey hands over reigns to Parag Agrawal
Twitter Inc’s CEO Jack Dorsey has stepped down from his role following which Parag Agrawal, Twitter’s Chief Technology Officer is set to lead the company. Agrawal, a 10-year veteran in Twitter, has signaled a tacit endorsement of a board strategy… Read More ›