Extending losses for second straight session, the US markets ended lower on Friday on worries about runaway inflation spurred by the sudden jump in US Treasury bond yields. Dow Jones Industrial witnessed its biggest one-day percentage drop since August, while both the S&P and the Nasdaq logged the biggest daily drop since late June. Besides, … Read more
The US markets declined on Thursday as a recent jump by US treasury yields has raised concerns about the outlook for interest rates. With the ten-year yield reaching its highest levels in over seven years, traders seem worried the Federal Reserve may raise rates more aggressively than currently anticipated. Adding to the concerns Fed Chairman … Read more
This extended partnership includes working together to integrate Virgin Atlantic Airways with Virgin Holidays through a center of excellence Tata Consultancy Services (TCS) and Virgin Atlantic, a leading UK-based global airline, have extended their strategic partnership for a further five years. This extended partnership includes working together to integrate Virgin Atlantic Airways with Virgin Holidays … Read more
Singapore-headquartered CMIA Capital Partners has led an initial investment round in WatchBox, an international ecommerce platform for the trading of luxury pre-owned timepieces. Financial terms of the round was undisclosed but according to details in a media release, CMIA has earmarked US$100 million over the next 18 months in order to accelerate the growth of … Read more
