Amid a sluggish start to the season and ample global supply, agricultural consultancy SovEcon has cut its forecast for Ukraine’s corn exports in the 2025-26 season. The agricultural consultancy now expects corn exports during the 2025-26 (July–June) season at 26.8 million metric tons, 400,000 metric tons lower than its previous projection. The latest data on
Microsoft is betting big on India’s AI future. CEO Satya Nadella announced on Tuesday that the company will invest $17.5 billion over four years in the country, its largest investment ever in Asia. The announcement came after a meeting between India’s Prime Minister Narendra Modi and Microsoft CEO Satya Nadella. The money will flow into
The crypto market crash resumed last week as Bitcoin and most altcoins plunged by double digits. Bitcoin remains below the key support at $90,000, while Ethereum has dropped to $3,000. Other tokens like Cardano, Shiba Inu, and Dogecoin have also plummeted by double digits. Crypto market crash could stall in case of a more dovish
Robinhood Markets (NASDAQ: HOOD) is betting big on prediction markets – and it seems to be paying off. November marked the firm’s strongest month yet, with over 3 billion contracts traded. According to Vladimir Tenev, chief executive of Robinhood, however, the real breakthrough isn’t the trading activity – it’s how prediction markets are emerging as
The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled DocuSign, a company that thrived during the
Initial claims for US unemployment benefits fell sharply last week, dropping to their lowest level in more than two years in a sign that layoffs remain muted even as hiring slows across the economy. The Labour Department said on Thursday that claims fell by 27,000 to a seasonally adjusted 191,000 for the week ending November
Michael Burry, the investor famed for predicting the 2008 housing market collapse, has taken a fresh short position against Tesla Inc., arguing that the electric-vehicle maker’s valuation has reached unsustainable levels. According to a report from Fortune, which cited a post on his Substack newsletter, Burry described Tesla shares as “ridiculously overvalued” and warned that
India is exploring the feasibility of importing coking coal from Mongolia, aiming to diversify its sourcing for the crucial steelmaking ingredient despite facing logistical challenges, a Reuters report revealed. India, currently holding the position of the world’s second-largest crude steel producer, faces a significant dependence on imports for coking coal. The nation relies on international
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Italian lawmakers are pushing ahead with a controversial claim that the central bank’s $300 billion in gold reserves should be declared state property, a move a senator confirmed on Thursday despite fears it could violate European Union regulations. Lucio Malan, a Senator from Prime Minister Giorgia Meloni’s Brothers of Italy party, stated on Radio 24