Travel tech platform OYO is acquiring US-based G6 Hospitality, which runs budget hotel brands Motel 6 and Studio 6, from Blackstone Real Estate in a $525 million all-cash deal. The deal will boost OYO’s expansion in the US, a market where it has been building its presence for the past 5 years with a portfolio ...
The Federal Reserve slashed interest rates by half a percentage point on Wednesday, marking its first rate reduction since the early days of the COVID-19 pandemic. The central bank’s aggressive move signals a pivot from its inflation-fighting stance to one more focused on maintaining employment levels. Fed Chair Jerome Powell spoke to reporters citing the ...
Former President Donald Trump’s social media venture took a hit on Wall Street following his widely criticised debate showing against Vice President Kamala Harris. Shares of Trump Media & Technology Group (TMTG), the parent company of Truth Social, had a roller coaster ride this week, closing at a record low since its public debut in ...
Federal Reserve Chairman Jerome Powell laid the groundwork on Friday for upcoming interest rate cuts, though he declined to provide exact guidance on timing or magnitude. Powell declared that the time for the U.S. central bank to reduce interest rates has arrived. In his anticipated keynote speech at the Federal Reserve’s annual retreat in Jackson ...
. In a major boost to the de-dollarization campaign, the two central banks of People’s Republic of China and Kingdom of Saudi Arabia have signed a three-year local swap agreement. The development comes as China hosts the foreign ministers from the Arab and Muslim majority countries on their two-day visit to Beijing to discuss the ...
In the realm of artificial intelligence (AI), prompt engineers hold a unique and pivotal role. Their speciality? Crafting precise prose to evaluate AI chatbots. These experts delve deep, uncovering both the flaws and the vast potential inherent in generative models. Alex Shop accentuates the pivotal role of prompt engineers in ensuring the reproducibility and safety ...
The SEC filed a lawsuit against Coinbase for not registering as a broker, exchange, or clearinghouse of securities. As a result of the lawsuit, Coinbase’s share price dropped by a fifth when markets opened.The day before the SEC sued Coinbase, it also sued Binance, the world’s largest crypto exchange, alleging that it offered securities-trading services ...
Are you looking for methods to boost your productivity and get more & more done? These productivity tracking tools may be just what you need! From time tracking to goal setting to distraction blocking, these tools can help you streamline your workflow and make leaps towards your objectives. There are many productivity tracking tools available ...
Washington DC : A titanic struggle for technological, social, economic & political primacy is brewing between two storied American companies, Twitter & Apple. The clash could accelerate in Tesla, primarily an electric automotive company, making smartphones to challenge Apple’s domination in the field & Apple producing an iCar to drive Tesla off the road. Outlines ...
Yes, the cryptocurrency market may not be at its previous highs from December 2021, but it still offers traders seeking for methods to earn money a tonne of investing choices. Many digital tokens are lucrative investments that generate positive returns for traders using the appropriate tactics. Buyers can obtain some promising coins at reasonable prices ...
