By Antonio Di Giacomo, Senior Market Analyst at XS.com The EUR/USD pair began the week trading around 1.1650, reflecting investor caution amid key macroeconomic expectations. The US dollar remains under slight selling pressure, driven by recently weaker Treasury yields and a moderate risk appetite that favors European currencies. In this…
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NEW YORK, NY – Dec 9 – DropOut Companies, a modern consumer products house creating the next wave of perennial food brands, is proud to announce Stephen Ellsworth, co-founder of Poppi, as Operating Partner. In this role, Ellsworth will provide strategic support across DropOut’s growing portfolio, leveraging his expertise in brand building,…
Continue ReadingMumbai, Dec 06: Gujarat Fluorochemicals Limited (GFL), India’s leading fluorochemicals company, today announced a partnership with the International Finance Corporation (IFC), a member of the World Bank Group (WBG). IFC is investing ~ US$50 million) in GFL’s subsidiary GFCL EV Products Limited (“GFCL EV”) through the subscription of compulsorily convertible…
Continue ReadingBy Antonio Di Giacomo, Senior Market Analyst at XS.com The confirmation that Netflix will acquire Warner Bros. Discovery for approximately $82.7 billion marks one of the most disruptive moves in modern entertainment. The deal involves a payment of $27.75 per share, $23.25 in cash, and $4.50 in Netflix stock, surpassing…
Continue ReadingLima, Dec 6: The International Finance Corporation (IFC), a member of the World Bank Group, announced its participation in a joint financing package of US$400 million for Camposol, one of Peru’s leading agro-exporters. The goal is to strengthen the country’s sustainable agribusiness, promote the creation of quality formal jobs, and…
Continue ReadingHyderabad: Dec 06: Confederation of Real Estate Developers Association of India (CREDAI) Hyderabad welcomes RBI’s 25 basis point rate cut and presents the following leadership quotes to capture the key points and intent as stated by CREDAI Hyderabad executives. The release underlines how the move supports affordable housing, buyer confidence,…
Continue ReadingBy Milad Azar, Market Analyst at XTB MENA The US dollar was trading sideways, with the Dollar Index (DXY) hovering near the 99-point level. Traders could remain cautious ahead of the release of the PCE data later today. Consensus points for a 0.2% monthly increase. An equal or softer-than-expected figure…
Continue ReadingBy – Mr Ashok Mittal, MD & CEO, BillMart Fintech “The RBI’s 25 bps rate cut is a much-needed relief at a time when inflation is finally moving closer to the 4% comfort zone. The revised 7.3% GDP projection also shows that India’s growth story is intact and moving strong.…
Continue ReadingBy, Mr. Saurav Ghosh, “With its 25-basis-point repo rate cut and a reaffirmation of a neutral policy stance, the RBI has struck a careful balance between price stability and growth support. The lowering of the rate reflects the comfort the central bank now has with subdued inflation, while the boost…
Continue ReadingBy:- Mr. Sarvjit Singh Samra, MD & CEO, Capital Small Finance Bank “The RBI’s decision to cut the repo rate by 25 bps to 5.25% with a unanimous 6-0 vote and to announce ₹1 lakh crore of OMO bond purchases signals a decisive shift toward supporting growth amid a rare…
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