US stocks traded near record levels on Tuesday, as falling oil prices and optimism over the US-Iran peace deal boosted investor sentiment, pushing the Dow Jones Industrial Average to an intraday high.The Dow rose 360.77 points, or 0.70 percent, to 52,031.80 in morning trading, setting a new intraday record.The S&P 500 rose 7.49 points, or…
Lincraft to close all Australian and New Zealand stores after 80 years in business: ‘Deeply emotional’yahoo finance australia Craft retailer Lincraft to close remaining stores in Australia and New ZealandAustralian Broadcasting Corporation Lincraft has abruptly closed all 60 stores across Australiarealcommercial.com.au Lincraft is closing: Specialty craft retailer to close after more than 80 yearsnine.com.au ‘Sad…
From Sundar Pichai to Padma Lakshmi: 26 Indian-origin achievers among America’s top immigrants by Forbesnews18 From Google to Adobe: Indian-origin CEOs and entrepreneurs are shaping the future of tech in Silicon Valleyfirstpost Top 5 Indian-origin leaders in Forbes list of 250 most successful American immigrantsIndia.Com Most successful living immigrants in America: Arnold Schwarzenegger on top,…
Downtown Detroit’s Art Deco skyscrapers, built when money flooded into the “Motor City” in the 1920s, testify to the early years of America’s long dominance in car manufacturing. Although the center of gravity of the industry has shifted to China, the imprint of the “Big Three” persists. This year General Motors (GM) established new headquarters…
Reopening the waterway will allow oil tankers stuck in the Persian Gulf to resume deliveries to consumer markets. (AI image) The signing of the US-Iran peace deal and full opening of the Strait of Hormuz, if successful, would bode well for the availability of crude oil supplies globally. According to executives of Indian refining companies,…
Amazon steps up investment in Missouri to bring new community programs, new jobs and millions in tax revenueabout amazon Two massive data center projects in Montgomery County are dividing the communitycolumbia missouri Amazon pledges $7 million in community contributions to rural Missouri amid local opposition to data centerKY3 AMZN Stock Jumps – Amazon Announces Multibillion-Dollar…
Nifty Auto up 2.7%: Tata Motors PV, Maruti Suzuki, Ashok Leyland, other auto stocks gain amid low oil pricesupstox Ashok Leyland, Tata Motors and other CV stocks rose up to 9%. What is the reason for the surge?The Economic Times Explained – How commercial vehicle manufacturers and lenders could benefit from falling crude oil pricescnbc…
India on Monday released a new wholesale price index (WPI), which changed the base year from 2011-12 to 2022-23. Along with this, Producer Price Index (PPI) was also released, which will eventually replace WPI in keeping with international standards. The new wholesale price index (WPI) shifted the base year from 2011-12 to 2022-23 and made…
Oil was trading around $80 a barrel on Tuesday after weeks of turmoil in energy markets as chaos in the Middle East showed signs of easing. However, benchmarks were still trading higher than Monday, as details of the peace deal remain in shadow.At around 7:15am IST, WTI crude was trading at $81.12 a barrel, up…
Stock Market Highlights June 15: Sensex rises 736 points, Nifty near 24,000, Iran-US peace agreement improves market sentimentbusiness Line Stock markets remained on the rise for the second consecutive day due to fall in oil prices and investor sentiment strengthened by the US-Iran peace agreement.The Hindu FIIs become net buyers after 11 sessions as tensions…
