Author name: admin

European markets head for a mixed open as global sentiment falters

European markets head for a mixed open as global sentiment falters

This is CNBC’s live blog covering European markets. European stocks head for a mixed open on Wednesday as nervousness sets in over the state of the global economy. Sentiment was mixed overnight, with stocks in the Asia-Pacific region trading in mixed territory, weighed down by major U.S. indexes that fell more than 1% on Tuesday …

European markets head for a mixed open as global sentiment falters Read More »

India's Blume Ventures has more than doubled in size and raised over $250 million for a new fund

India’s Blume Ventures has more than doubled in size and raised over $250 million for a new fund

Indian venture capital firm Blume has raised more than $250 million for a new fund, its fourth and largest, as it seeks to become more aggressive in wooing early-stage startups and deepen its support for companies in its portfolio at a time when deal flow activity in the South Asian market has been hit by …

India’s Blume Ventures has more than doubled in size and raised over $250 million for a new fund Read More »

Bertucci files for Chapter 11 bankruptcy, closure of 2 New Hampshire restaurants

Bertucci files for Chapter 11 bankruptcy, closure of 2 New Hampshire restaurants

Only one Bertucci restaurant remains in New Hampshire after the abrupt closure of two other restaurants in the state on Monday. In the filing, the chain’s parent company cited the impact of COVID-19 and inflation, saying both led to lower sales and higher expenses. In fiscal 2021, the chain suffered an operating loss of $14 …

Bertucci files for Chapter 11 bankruptcy, closure of 2 New Hampshire restaurants Read More »

Fed Chairman Powell has a problem communicating with the market

Fed Chairman Powell has a problem communicating with the market

No matter what Federal Reserve Chairman Jerome Powell says to market participants these days, it seems they only hear the good stuff. Two recent examples: first in July, when Powell hinted that smaller interest rate hikes might be on the way. The second was last week, when the central bank leader appeared to confirm that …

Fed Chairman Powell has a problem communicating with the market Read More »

Traction Transformer Market is valued at USD 1.12 Billion in 2020 and is expected to register a CAGR of 5.13% by 2030 - Report by Market Research Future (MRFR)

Traction Transformer Market is valued at USD 1.12 Billion in 2020 and is expected to register a CAGR of 5.13% by 2030 – Report by Market Research Future (MRFR)

Future of Market Research Rise in Railway Electrification to Drive Traction Transformer Market Growth New York, USA, 06 Dec. 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “traction transformer market Research Report: Information by Type, By Overhead Line Voltage, By Mounting Position, By Rolling Stock and By Region …

Traction Transformer Market is valued at USD 1.12 Billion in 2020 and is expected to register a CAGR of 5.13% by 2030 – Report by Market Research Future (MRFR) Read More »

Asian markets trade mixed amid recession fears;  China to release trade data

Asian markets trade mixed amid recession fears; Chinese trade data falls short of expectations

China’s exports and imports fall more than expected China’s dollar-denominated exports fell 8.7% in November on an annualized basis, down more than expected from a 3.5% drop, analysts said in a Reuters poll. U.S. dollar imports also fell 10.6% for the month from a year ago, beating the drop of 6% expected in a separate …

Asian markets trade mixed amid recession fears; Chinese trade data falls short of expectations Read More »

Automotive Sensors Market Size to Reach $67.3 Billion by 2030, According to Insights Reports

Automotive Sensors Market Size to Reach $67.3 Billion by 2030, According to Insights Reports

REPORTSINSIGHTS CONSULTING PVT LTD The global automotive sensor market is expected to register a CAGR of 6.6% during the period 2022-2030, accelerated by the wide adoption of ADAS functionality in vehicle automation. New York, 06 Dec. 2022 (GLOBE NEWSWIRE) — According to the research report “Automotive Sensor Market” published by Reports Insights, the market is …

Automotive Sensors Market Size to Reach $67.3 Billion by 2030, According to Insights Reports Read More »

Tim Cook and President Biden came to Arizona to announce US-made chip plans

Tim Cook and President Biden came to Arizona to announce US-made chip plans

Apple plans to start using American-made processors after opening a new state-of-the-art chip factory in Phoenix, Arizona. For factory customers, which also include AMD and NVIDIA, the new facility means more secure chip supply and faster production times. Chipmaker TSMC also said today that it will begin construction of a second factory in Phoenix next …

Tim Cook and President Biden came to Arizona to announce US-made chip plans Read More »

Asian markets trade mixed amid recession fears;  China to release trade data

Asian markets trade mixed amid recession fears; China to release trade data

China expects further drop in exports and imports China’s trade data for November is expected to show a further decline in both exports and imports, according to a Reuters poll of economists. Exports are expected to fall 3.5% in November on an annualized basis after falling 0.3% in October, and imports are expected to fall …

Asian markets trade mixed amid recession fears; China to release trade data Read More »