Alibaba Loses $20 Billion in Market Cap as Cloud Spinoff Plan Is Shelved
Chinese e-commerce juggernaut Alibaba faced a substantial setback as it witnessed a staggering $20 billion erosion in market capitalization following ...
Tag: geopolitical tensions
Global Economists and Central Bankers Foresee Prolonged High Interest Rates
Leading economists and central bankers worldwide are aligning on a shared perspective: interest rates are expected to remain elevated for ...
Oil Prices Surge by 2.7% Amidst Escalating Israel-Hamas Conflict
Oil prices experienced a significant surge of more than 2% on Monday as tensions escalated in the Middle East due ...
Oil Prices edges higher Amidst Supply Constraints and Chinese Economic Support.
Oil prices saw a modest uptick on Tuesday, building upon the momentum gained in the previous session. The surge came ...
RateCaptain
We bring you the most accurate in new and market data. Check our landing page for details.