Financial Services

Markets shudder on dashed inflation hopes; Dow falls 1,250
Sep 13, 2022

Markets shudder on dashed inflation hopes; Dow falls 1,250

The stock market fell the most since June 2020 following Wall Street’s humbling realization that inflation is not slowing as much as hoped


Former Disney CEO Iger joins Thrive Capital as mentor
Sep 13, 2022

Former Disney CEO Iger joins Thrive Capital as mentor

Former Disney CEO Bob Iger is joining investment firm Thrive Capital as a venture partner


Dubai court rejects Danish extradition request for financier
Sep 12, 2022

Dubai court rejects Danish extradition request for financier

An Emirati court has ruled that a British man suspected of masterminding a $1.7 billion tax scheme cannot be extradited to Denmark to face charges


Asian shares rise on back of Wall Street rally
Sep 12, 2022

Asian shares rise on back of Wall Street rally

Shares are higher in Asia after last week's strong close on Wall Street, the first weekly gain in four weeks


Visa, Mastercard, AmEx to start categorizing gun shop sales
Sep 10, 2022

Visa, Mastercard, AmEx to start categorizing gun shop sales

Payment processor Visa Inc. says it plans to start separately categorizing sales at gun shops


Asian shares rise after Wall Street rise, Fed Chair comments
Sep 9, 2022

Asian shares rise after Wall Street rise, Fed Chair comments

Asian benchmarks are rising, cheered by gains on Wall Street as comments from the Federal Reserve chairman assured markets on the expected rate rise


Stocks open mixed on Wall Street after Labor Day holiday
Sep 6, 2022

Stocks open mixed on Wall Street after Labor Day holiday

Stocks are opening mixed on Wall Street as the market gets a holiday-shortened week off to a muted start


As Africa's climate warms, rich countries pledge more funds
Sep 5, 2022

As Africa's climate warms, rich countries pledge more funds

Rich countries said they will spend about $25 billion by 2025 to boost Africa’s efforts to adapt to climate change as the continent continues to struggle with drought, cyclones and extreme heat, according to officials at a summit in Rotterdam in the Netherlands on Monday


In Dubai, $1.7B Denmark fraud suspect contests extradition
Sep 5, 2022

In Dubai, $1.7B Denmark fraud suspect contests extradition

The lawyer of a British man who was arrested in Dubai for allegedly masterminding a $1.7 billion tax scheme in Denmark has asked judges not to extradite him


Asian stocks follow Wall Street lower after US jobs report
Sep 5, 2022

Asian stocks follow Wall Street lower after US jobs report

Asian stock markets are lower after Wall Street declined and China tightened anti-virus controls



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.