March 8, 2023

“Year of Efficiency” for META with Mass Layoffs

Insights Meta CEO Mark Zuckerberg is promoting 2023 as the “Year of Efficiency”. Thousands of employees may be impacted by Meta’s upcoming round of layoffs, according […]
March 8, 2023

Positive Market Sentiment as Investors Look Past Inflation Concerns

Insights Wall Street’s response to higher-than-expected inflation numbers increased bets that the Federal Reserve still has ways to go in its aggressive tightening campaign, decreasing the […]
March 1, 2023

Giant HSBC sees quarterly profit nearly double.

Insights Banking giant HSBC says its quarterly profit has almost doubled, boosted by rising interest rates around the world. The London-based firm reported profit before tax […]
March 1, 2023

Global Markets Post Another Losing Week for 2023.

Insights Wall Street’s response to higher-than-expected inflation numbers increased bets that the Federal Reserve still has ways to go in its aggressive tightening campaign, decreasing the […]
February 23, 2023

Mercedes-Benz delivers robust full year results in 2022

Insights Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. Profits hit $39.9 billion […]
February 23, 2023

Inflation data sparks worries for continued rate hikes.

Insights Global stocks continued to rise last week, despite starting the week on the backfoot. Investors overcame the turbulence caused from disappointing outlooks from big tech […]
February 15, 2023

Shell 2022 profits more than double to record $40 Billion

Insights Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. Profits hit $39.9 billion […]
February 14, 2023

Global Stocks shaken for the worst week in 2023

Insights Global stocks retreated last week, with investors processing the possibility that the Federal Reserve may have to keep rates higher for a longer period than […]
February 8, 2023

Exxon Mobil Vaults to Record Annual Profit of $55.7 Billion

Insights Exxon Mobil posted a $56 billion profit for 2022, the company said on Tuesday, and setting not only a company record but a historic high […]

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