Business
The S&P 500 (SP500) on Friday added 1.82% for the holiday-shortened week to close at 4,282.37 points, posting gains in two out of four sessions. Its accompanying SPDR S&P 500 Trust ETF (NYSEARCA:SPY) rose 1.88% for the week. The benchmark index’s advance was its third-straight week in the green, the first time it has posted … Read more
© Reuters. FILE PHOTO: Ukraine’s President Volodymyr Zelenskiy attends a press conference during a meeting of the European Political Community at Mimi Castle in Bulboaca, Moldova June 1, 2023. REUTERS/Vladislav Culiomza/File Photo KYIV (Reuters) – Ukraine is ready to launch its long-awaited counteroffensive to recapture Russian-occupied territory, President Volodymyr Zelenskiy said in an interview published … Read more
President Joe Biden celebrated a “crisis averted” in his first speech to the nation from the Oval Office Friday evening, ready to sign a budget agreement that eliminates the potential for an unprecedented government default that he said would have been catastrophic for the U.S. and global economies. The bipartisan measure was approved by the Senate late … Read more
U.S. President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, D.C., June 2, 2023. Pool | Via Reuters WASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to lift the … Read more
Elizabeth Napolitano CoinDesk reporter Elizabeth Napolitano is now the U.S. court reporter for the regulations, policy and legal reporting team. She has been a data journalist at CoinDesk, where she reports on topics such as decentralized finance, centralized cryptocurrency exchanges, altcoins and Web3. She has covered technology and business for NBC News and CBS News. In 2022, … Read more
The cost of fixing up the failed Ellendale diamond mine in the Kimberley has risen to $70 million after the state government awarded a major contract for rehabilitation earthworks.
Uber for Business has launched a new product tier and the ability to search for corporate perks, the company announced Thursday. Its Uber Business Comfort ride type that initially was announced in March is now active in select cities. The company did not respond to requests to identify those markets. The service includes priority pick-up, although it … Read more
Proprietary trading firms, colloquially known as prop firms, are continually seeking innovative ways to optimize their trading activities. One key area of focus is the application of cutting-edge technology, which provides an edge in today’s highly competitive financial markets. In this article, we delve into how advanced technology influences the landscape of proprietary trading, including … Read more
Li Auto has showcased impressive growth in the Chinese electric car market with its delivery numbers surpassing expectations. With a year-on-year increase of about 146%, the company delivered 28,277 vehicles in May, marking its third consecutive month of surpassing the 20,000 mark. This is a clear indication of Li Auto’s strong market presence and consumer … Read more
Insular Life (InLife) Executive Chairperson Nina D. Aguas was one of the featured speakers during the recently-held 2023 ACGS (ASEAN Corporate Governance Scorecard) Workshop for Insurance Companies, sponsored by the Institute of Corporate Directors. Aguas was invited to speak about InLife’s corporate governance journey and best practices where she explained how important it is for … Read more