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  • Lula ally for Brazil

    Lula ally for Brazil0

    Lula ally picked for Brazil central bank post In a move that has sparked controversy in Brazil, President Luiz Inácio Lula da Silva has selected a longtime ally to head the country’s central bank. André Brandão, a former executive at HSBC Holdings Plc in Brazil, will take over the position on February 1st, succeeding Roberto

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  • Buffett’s Successor Embraces Spotlight

    Buffett’s Successor Embraces Spotlight0

    In the world of business, there are few names that hold as much weight as Warren Buffett. The billionaire investor and CEO of Berkshire Hathaway has built an empire over the course of several decades, amassing a net worth of over $100 billion and becoming one of the most influential figures in the finance world.

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  • China Raids Capvision Offices

    China Raids Capvision Offices0

    On May 9th, 2023, China conducted a series of raids on the offices of the international consultancy firm, Capvision, in what appears to be a crackdown on foreign companies operating within the country. The move has raised concerns among foreign businesses operating in China, as tensions between China and the West continue to escalate. According

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  • Wall Street Bank Rally Subdued

    Wall Street Bank Rally Subdued0

    Wall Street Subdued as US Regional Bank Rally Loses Steam New York, NY – The US stock market opened lower on Monday as the recent rally in regional banks lost steam, causing investors to pull back from the financial sector. The S&P 500 fell 0.4%, while the Dow Jones Industrial Average declined 0.5%. The Nasdaq

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  • Canada expels Chinese diplomat

    Canada expels Chinese diplomat0

    Canada has expelled a Chinese diplomat in response to allegations that the diplomat had been involved in efforts to intimidate a Canadian lawmaker who is a vocal critic of the Chinese government’s human rights record. According to sources familiar with the matter, the expelled diplomat is Cong Peiwu, who served as China’s ambassador to Canada

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  • Lucid Motors has liquidity

    Lucid Motors has liquidity0

    Lucid Motors, the electric vehicle company that recently went public via a SPAC merger with Churchill Capital Corp IV, announced on May 9, 2023, that it has enough liquidity to last for a year, despite missing revenue estimates in its first quarter as a public company. According to a statement released by Lucid Motors, the

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