Category Archives: Market Summaries

Booming in iron ore prices is responsible for the Australian export revenue record from resources Australia’s mining sector accounts for about 10% of the country’s gross domestic product and ironContinue reading “Market Summary #15”

Hertz to Pay Creditors in full after bankruptcy court decision The company filed for chapter 11 bankruptcy during the pandemic in 2020 and is on target to exit chapter 11Continue reading “Market Summary #14”

Warner Media and Discovery strike a deal On May 17th Discovery announced it was joining forces with the AT&T company WarnerMedia, which means the control of CNN, HBO, Cartoon Network,Continue reading “Market Summary #13”

Indian Variant of the Coronavirus is a “global concern” according to the WHO The WHO has declared the indian variant of the coronavirus a global concern, after stating that itContinue reading “Market Summary #12”

Chip shortage crisis in the automotive sector deteriorates Chip shortage worsens for carmakers around the world, with companies on three continents announcing production cuts. BMW AG succumbs to shortages aftermonthsContinue reading “Market Summary #11”

General Electric to Sell Aircraft Leasing Business for $30 Billion AerCap will acquire GE’s jet leasing business in a $24 Billion cash deal plus $6 Billion worth of shares fromContinue reading “Market Summary #9”

Square buys more in bitcoin to boost crypto holdings Square announced on Tuesday that it purchased $ 170 million in bitcoin to add to its expanding position. The payment company’sContinue reading “Market Summary #8”