Brazil’s Méliuz joins Bitcoin trend, buys 45.72 BTC

Méliuz, a Brazilian financial technology company, purchased Bitcoin as part of their treasury management procedure, demonstrating the growing interest in digital currencies. Méliuz’s board of directors approved a significant investment on Thursday by purchasing 45.72 Bitcoins worth about $4.1 million at an average price of $90,296.11 per unit. With this decision, Méliuz joins a group… Continue reading Brazil’s Méliuz joins Bitcoin trend, buys 45.72 BTC

Trump tariffs could prove to be a menace for homebuyers: here’s why

US housing stocks are having a hard time this year amidst higher tariffs the Trump administration has announced on the likes of Canada and Mexico. Washington relies significantly on foreign imports for materials essential for home construction. These include cement, aluminum, steel, wood products, and even some appliances.   As a result, the cost of… Continue reading Trump tariffs could prove to be a menace for homebuyers: here’s why

Alibaba leads Chinese tech rally with DeepSeek rival launch: What investors need to know

A wave of artificial intelligence (AI) developments from Chinese technology firms has triggered a buying frenzy in the nation’s stock market, sending an index of tech companies to its highest level in years. Leading the surge, Alibaba Group Holding Ltd. unveiled its latest AI model, while other major players, including Tencent and Kuaishou Technology, also… Continue reading Alibaba leads Chinese tech rally with DeepSeek rival launch: What investors need to know

Interview: ‘We anticipate short-term pricing pressures,’ says Euro Panel Products MD Rajesh Shah on Trump tariffs

Aluminium composite panels (ACPs) have become a key element in modern architecture due to their versatility, durability, and aesthetic flexibility, and Indian ACP manufacturers are playing a crucial role in pushing the construction material out into the global market. Euro Panel and Products, one of the leading manufacturers of ACP in India, recently made an… Continue reading Interview: ‘We anticipate short-term pricing pressures,’ says Euro Panel Products MD Rajesh Shah on Trump tariffs

Tariffs kick in

February wasn’t a particularly good month for US equities. The first trading day began with a sharp sell-off which saw all the US majors gap lower. Why? Tariffs. Just one week into his second term as President of the United States, and Donald Trump did exactly what he said he would do, announcing swingeing tariffs,… Continue reading Tariffs kick in

From NTPC to Tata Power: 5 power stocks to watch as India braces for extreme summer

India is expected to experience an extreme summer this year, with more heatwave days between March and May in most parts of the country, according to the Indian Meteorological Department (IMD). The forecast, issued on February 28, 2025, predicts above-normal temperatures for most regions, except Northeast India, extreme north India, and some parts of southern… Continue reading From NTPC to Tata Power: 5 power stocks to watch as India braces for extreme summer

S&P 500, Nasdaq slip as NVIDIA underperforms; Tesla shares and crypto stocks jump

The S&P 500 declined on Monday, continuing February’s losses as the approaching deadline for President Donald Trump’s tariff policies intensified economic concerns. At the time of writing, the Dow Jones Industrial Average was flat from the previous close, while the S&P 500 was slightly in the red. The Nasdaq Composite index fell 0.4%.  The Dow… Continue reading S&P 500, Nasdaq slip as NVIDIA underperforms; Tesla shares and crypto stocks jump

Kroger CEO Rodney McMullen resigns after board probe, Ronald Sargent named interim chief

Kroger announced on Monday that CEO Rodney McMullen has stepped down following a board investigation into his personal conduct. The company said that his personal conduct, “while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics.” It did not specify the nature of the misconduct. The board was alerted to the matter… Continue reading Kroger CEO Rodney McMullen resigns after board probe, Ronald Sargent named interim chief

Analyst reveals largest challenge for Mixue after stellar market debut

Mixue could face challenges in growing its footprint in the tier 1 cities, according to a Zephirin Group analyst. Longdley Zephirin’s remarks arrive only hours after shares of China’s largest bubble tea chain rallied more than 40% on their Hong Kong debut. Mixue sold a total of 17.06 million shares in its initial public offering… Continue reading Analyst reveals largest challenge for Mixue after stellar market debut