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Wheat prices ease, but set for a weekly rise

On Friday, wheat prices stepped lower, but the commodity remained on course for a weekly gain. The continued tightened global supplies have significantly supported...

Shopify to buy logistics startup Deliverr for $2.10B

Shopify Inc. announced late Thursday that it would acquire shipping firm Deliverr for $2.10 billion in cash and stock. The deal is the largest...

Erdogan In A Dilemma, Turkey’s Inflation Reached 70%

According to figures released on Thursday, Turkey's annual inflation hit a two-decade high of 69.97 percent in April, fueled by the Russia-Ukraine conflict and...

Asia’s Exchange Markets on a Rise, Thai Baht Leads The Way

The Thai baht and Malaysian ringgit led advances among developing Asian currencies on Thursday, as the dollar fell after the US Federal Reserve hiked...

The Eu’s Oil Embargo Risks Escalating Already High Inflation

For more than half of their crude imports, most Eastern European nations still rely on Russia. With the decision to cut off Russian oil...

Natural gas prices record highest level since 2008

On Thursday, natural gas prices gained pace after touching the highest level in nearly 14 years. This movement came as Russia’s invasion of Ukraine...

Federal Reserve’s Decision and its Influence on Stocks

Stocks in Asia-Pacific rose on Thursday following the Federal Reserve’s decision on Wednesday to raise rates by half a percentage point.  On Wednesday, the Federal...

Meta to reduce hiring in cost-cutting push

Meta Platforms Inc. said on Wednesday that it would slow or pause hiring as the company reckons with its weakest revenue growth on record. The...

Airbnb Exceeded Expectations in the Q1 of the Year

Airbnb and many other companies suffered significant losses due to the pandemic. However, the company surpassed expectations in the first quarter and gave an...

The Dollar At 20-Year Highs, And Might Headed For Higher

On Wednesday, the dollar index fell further from 20-year highs, with the US Federal Reserve expected to hike interest rates by a half-point later...

How Close is Russia to a Complete Default?

By delving into its limited dollar reserves, Russia looked to avoid defaulting on its international debt. The debt crisis in Moscow, however, is far...

Oil leaps as EU confirm ban on Russian crude

On Wednesday, oil prices ticked higher as the European Union, the world's largest trading bloc, stated plans to phase out imports of Russian crude. Brent...

Airbnb sees pent-up demand as travel rebounds

Airbnb Inc. delivered an upbeat forecast for the second quarter as the company sees a recovery in the travel sector. The home-sharing platform expected revenue...

Israel Slams Russian Foreign Minister’s Anti-Semitic Note

In comments about 'denazifying' Ukraine, Sergey Lavrov indicated Hitler had Jewish origins, prompting Israel to demand an apology. Israel has condemned Russian Foreign Minister...

U.S. Stocks Staged a Late Comeback on May 2

Without a doubt, it was a day full of challenges for U.S stocks. However, they staged a late comeback on Monday, with the S&P...

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