Sunday, November 24

Business

May 08, 2024

AstraZeneca lifts FTSE 100 to record high; BOE rate decision on tap

London's FTSE on Wednesday 100 stock index soared to unprecedented levels, buoyed by AstraZeneca's strong performance. The pharmaceutical company's global decision to halt its COVID-19 vaccine distribution drove market optimism. Meanwhile, investors eagerly anticipated the Bank of England's announcement on interest rates. By 07:07 GMT, the blue-chip FTSE 100 edged up 0.4% at 8,345.31 to climb another all-time peak.

May 07, 2024

Stock market today: BSE Sensex tanks over 400 points; Nifty50 below 22,350

Stock market today: The Indian market has been underperforming recently, despite positive global cues. While the Dow has been on an upward trend for four consecutive trading sessions, the Nifty has become highly volatile and apprehensive.

May 06, 2024

‘Indian carriers to have 50% market share in int’l passenger carriage by FY 2028:’ CRISIL

Indian carriers, led by Tata Group’s Air India, IndiGo, and Akasa, are poised to capture 50% of the international passenger market share by FY 2028. The surge in international leisure travel and rising disposable incomes are driving this growth.

May 05, 2024

Worsening weather is igniting a $25 billion market

Demand for weather derivatives, driven by climate volatility and fragility in various sectors, is on the rise. Marty Malinow's firm experiences increased interest, with CME Group reporting a significant uptick in trading volumes and outstanding contracts.

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