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The Secret of Successful Young Forex Traders in South Africa
Forex trading online in South Africa becomes so popular nowadays. The South Africa young generation uses it as a valuable investment. It is a good example of how forex trading works. The explanation below helps to understand forex trading and how it works in South...
SHEDDING LIGHT OVER FOREX CURRENCIES
A briefing on the currency market The currency market, or popularly known as International Currency Market is the global market where the traders from all corners of the world participate to buy, sell and transact in different types of currencies. These traders...
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Global equity fund inflows surge to three week highs
Global equity fund inflows reached their highest level in three weeks, totaling $27.21 billion, as investors favored technology sector funds despite recent market volatility.
ADNOC Buys Five Supertankers as Hormuz Crisis Tightens Shipping
Abu Dhabi’s ADNOC purchased five supertankers for approximately $590 million to manage crude exports amid Middle East shipping disruptions and the UAE’s increased oil production.
The AI spending boom is weakening one of stocks’ biggest tailwinds: One Big Investment Idea
Stock buybacks, a major driver of share price growth, are declining as large technology companies redirect cash toward expensive AI infrastructure investments instead.
Visa is cutting 7% of employees in efficiency push as AI reshapes work
Visa announced plans to eliminate approximately 2,600 positions, representing 7% of its workforce, as CEO Ryan McInerney pursues efficiency improvements and increased investment in growth initiatives.
Markets News, July 30, 2026: Indexes End Sharply Higher, Tech Shares Soar; Apple, Amazon Report
Major stock indexes rebounded sharply, with the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average closing 2.8%, 1.7%, and 1.2% higher respectively, driven by strong tech earnings and semiconductor gains.
Greif acquires Spanish polymer container producer Envaplast
Greif reported fiscal Q3 2026 net sales of $1.17B, up 3.5% year-over-year, and acquired Spanish polymer container producer Envaplast for $61.7 million to expand its European presence.
GM confirms $157M investment in Wentzville Assembly plant
General Motors announced a $157 million investment in its Wentzville Assembly plant in Missouri to upgrade the paint shop and modernize the facility, according to a July 24 press release.
Bank of England holds rates but three dissenters vote for hike
The Bank of England maintained interest rates at 3.75% with three policymakers voting for a hike amid Middle East tensions threatening to spark renewed inflation pressures.
CPKC income higher as revenue sets new second-quarter record
CPKC posted a second-quarter revenue record of $3 billion, with operating income rising 10% to $1.06 billion, driven by strong grain, automotive, and energy shipments.
Bristol Myers raises 2026 forecast as Eliquis, newer medicines power results
Bristol Myers Squibb raised its full-year revenue and profit forecasts after second-quarter results exceeded analyst expectations, driven by strong sales of blood thinner Eliquis and newer medicines including heart drug Camzyos and anemia treatment Reblozyl.
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Clear Street, a fintech prime brokerage, is launching a platform to give accredited investors pre-IPO access to private companies, beginning with AI software firm Databricks valued at $188 billion.
Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait
Treasury Secretary Scott Bessent expressed confidence that inflation will moderate this year, supporting interest rate cuts, while acknowledging the Federal Reserve’s caution given ongoing geopolitical developments.