Economy

Economy
Economy

BNB outlook: Can Binance’s prediction market lift the token?

Binance Coin, commonly referred to as BNB coin, is holding firm near the $614 mark, showing signs of cautious optimism after a period of consolidation. Notably, the anticipated launch of a prediction market within Binance’s wallet has added a fresh dimension to the coin’s utility. If successfully launched, Binance wallet users can now place bets

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Economy

Google faces pressure as experts urge banning AI videos for young users

Alphabet Inc.’s Google is facing mounting pressure from child development experts to stop AI-generated videos from being shown or recommended to children on YouTube and YouTube Kids. On Wednesday, over 200 experts, organisations, and educational institutions sent a letter to Google CEO Sundar Pichai and YouTube CEO Neal Mohan, raising concerns about the educational value

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Economy

SCHD ETF dividend yield too low? Top 3 alternatives to consider

The Schwab US Dividend Equity ETF (SCHD) has accumulated over $83 billion in assets, making it one of the biggest dividend funds in the United States.  SCHD ETF main limitation is its low dividend yield  This growth has been driven by the ongoing rotation from growth to value, and the fact that it has a

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Economy

Bulgaria to launch first EU support scheme for energy-heavy industry

Bulgaria is poised to become the first European Union member state to introduce a dedicated support scheme for energy-intensive industries, aiming to shield firms from elevated power costs stemming from the energy crisis triggered by the war in Iran. Energy Minister Traicho Traikov said the programme is in the final stage of European Commission approval

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Economy

Nebius stock gains 4.5% on plans to build $10B Finland data centre

AI infrastructure firm Nebius Group is accelerating its push into Europe with plans to develop a 310-megawatt data centre in Finland. The Amsterdam-based company stated that the facility, situated in Lappeenranta near the Russian border, is being developed by its Finnish partner, Polarnode, and is expected to come online in phases starting in 2027. Valued

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Economy

Canada GDP edges up 0.1% in January as services stall

Canada’s economy posted a modest gain in January, with gross domestic product rising 0.1% from December, Statistics Canada said. The increase followed a 0.2% rise in the previous month and came in ahead of analyst expectations for flat growth. An advance estimate pointed to a 0.2% expansion in February, though the agency cautioned that early

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Economy

Novo cuts Ozempic, Wegovy prices up to 48% as generics surge

Novo Nordisk cut prices for its diabetes and weight-loss injections Ozempic and Wegovy in India on Tuesday, marking a second reduction aimed at countering cheaper local generics. The company lowered list prices by up to 36% for Ozempic and up to 48% for Wegovy, with the move following the March 20 expiry of India’s patent

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Economy

Dow Jones jumps 380 points as Iran de-escalation hopes lift stocks

US stocks rose on Tuesday, as investors responded positively to signs of potential de-escalation in the Middle East conflict, even as oil prices remained elevated and broader market risks persisted. The Dow Jones Industrial Average climbed 380 points or 0.8%, while the S&P 500 and Nasdaq 100 also advanced more than 1%. The gains followed

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Economy

Barclays names top 4 defensive stocks to weather global uncertainty

As Dow Jones slides into the “correction territory” and the benchmark S&P 500 index logs its fifth consecutive week of losses, investors are increasingly desperate for a port in the storm. According to Barclays’ senior analyst Andrew Ferremi, the market has shifted into a new, volatile era where geopolitical tensions, oil price spikes, and AI-driven

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Economy

As US tech stocks fall on AI and war fears, are valuations attractive now?

US megacap technology stocks, long the driving force behind a bull run spanning more than three years, are undergoing a sharp valuation reset as a mix of geopolitical tensions, rising yields, and questions around artificial intelligence spending weigh on sentiment. The pullback has intensified in recent weeks, with the sector already under pressure before the

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