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Why is Alibaba Raising $5 Billion Now?
Alibaba Group, China’s biggest e-commerce company, is planning to raise $5 billion through a multi-part bond sale, making it the largest corporate bond deal in the Asia Pacific this year. This move shows...
DOGE in the White House
In a surprising move, President-elect Donald Trump has introduced the Department of Government Efficiency (DOGE), a cost-cutting initiative aimed at streamlining U.S. governance. The department will be...
Trump's Second Term and Market Rally
The U.S. presidential election results have sent ripples through financial markets. Donald Trump’s return to the White House, combined with potential Republican control of Congress, has created both...
Boeing Strike Ends – Wage Gains and Unresolved Pension
The most expensive strike in the United States in over 25 years is over! Boeing workers represented by the International Association of Machinists voted to accept the latest offer. Seven-week strike had...
US Elections and Gold Price
As the US prepares for a tense presidential election, gold prices are steadily rising in Asian trade and remain near record highs. Spot gold rose 0.2% to $2,741.31 an ounce, while December futures steadied...
Novo Nordisk FDA Appeal: The Potential Impact on Drug Sales
Novo Nordisk's recent appeal to FDA to stop the production of compounded versions of its popular drugs, Wegovy and Ozempic, has spotlighted a significant debate. These drugs have become widely popular...
Disney Leadership Change: What’s Next?
In a media landscape dominated by streaming giants like Netflix and TikTok, Disney finds itself at a crossroads. Mark Parker’s departure as chairman and the search for Bob Iger’s successor mark a turning...
Consumer Behavior and Inflation: What Traders Need to Know
The Federal Reserve is trying to control inflation and foster a stable job market. As inflation remains a pressing concern for consumers, there is nuanced understanding of the economic realities facing...
Adidas Gains Positive Momentum as Competition from Nike Diminishes
Adidas is looking forward to a strong 2024, thanks to a number of favorable developments that allowed the company to raise its full-year outlook for the third quarter in a row. Declining competition from...
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