None
After India carried out Operation Sindoor on May 7, targeting 9 terrorist camps across Pakistan and Pakistan-occupied Kashmir, Pakistan’s stock market saw a sharp fall. The KSE-100 index crashed by over 6%, leading to a halt in trading. This came just a day after a 3% drop, triggered by growing tensions following the Pahalgam terror …
Uber is set to deepen its presence in the Turkish market with a $700 million cash acquisition of an 85% stake in Trendyol GO, a leading local food and grocery delivery platform. As per news reports, the deal is expected to close in the second half of 2025, pending regulatory approvals. Strategic Push into Türkiye’s …
The iconic footwear brand Skechers is being acquired for over $9 billion by investment firm 3G Capital, as per news reports. The all-cash deal, offering $63 per share, represents a 30% premium over Skechers’ 15-day average stock price. The move was unanimously approved by the company’s board. This acquisition comes during heightened U.S.-China trade tensions …
The Met Gala continues to cement its legacy as the most influential and lucrative cultural fundraiser in New York City, US. This year’s edition of the annual fashion spectacle raised a staggering $31 million, the highest in the event’s history, according to the Metropolitan Museum of Art. Hosted every first Monday of May at the …
Alphabet earnings report indicates that Google’s parent company has posted a strong growth for Q1 of FY2025. The tech giant earned a massive US$34.54 billion in profit, up from US$23.66 billion during the same period last year. Much of this jump was due to gains from investments, not from the company’s daily business operations. Alphabet …
Samsung, the South Korean tech giant, is reportedly in talks to shift some of its smartphone and electronics manufacturing from Vietnam to India. This move comes after the US announced a 46% tariff on Vietnamese goods earlier this month, as part of retaliatory trade measures. Indian goods were also hit with a 10% levy, but …
The Trump administration’s proposed tariffs on Indian imports are poised to have a significant impact on India’s construction and mineral sectors. By imposing a 27% tariff on goods like steel, aluminium, and construction materials, the U.S. government aims to protect American industries, but the move could disrupt global trade, particularly affecting Indian exporters. Overview of …
The USA’s trade partners have important economic ties with the country. The United States is one of the world’s biggest economies, and its trade relationships are crucial for its economic growth. The U.S. exports various goods to friendly countries, with its top trade partners being Mexico, Canada, China, France, and several other European countries. In …
