Infosys Ltd., India’s second-largest IT services company, reported a mixed performance for the third quarter, marked by a decline in profit but steady revenue growth and an improved outlook for the coming fiscal year. The results highlight both the near-term pressures facing the sector and early signs of stabilisation in client spending. Profit declines amid
Adobe stock has evolved from one of the hottest trades in Wall Street into one of the top laggards. It plunged to a low of $309, its lowest level since November 2022, and 55% below its highest level in 2021 it has erased billions of dollars in value as the market capitalization dropped from over
Visa, the global leader in digital payments, has partnered with stablecoin infrastructure provider BVNK to integrate stablecoin capabilities into Visa Direct, its real-time money movement network that handles $1.7 trillion in annual volume. The collaboration, announced on January 14, allows select business customers to pre-fund Visa Direct payouts using stablecoins instead of relying solely on
The World Economic Forum’s (WEF) latest Global Risks Perception Survey has issued a sobering assessment of the threats facing global markets and economies over the next decade. Taken together, these risks could materially disrupt trade flows, destabilize supply chains, and depress global growth just as the world economy struggles with fragmentation and eroding institutional trust.
On Wednesday, Brazil’s Federal Police executed search and seizure orders on businessman and investor Nelson Tanure as part of the second phase of Operation Compliance Zero, a broad investigation into alleged financial irregularities involving Banco Master and related entities. Tanure is well-known in Brazil’s corporate environment, particularly for his investments in financially distressed enterprises. According
Gold prices resumed their upside on Monday as the metal hit a one-week high on increased safe-haven demand. Silver prices also surged more than 4%, mirroring strong gains from last year. Meanwhile, oil prices were volatile as concerns about oversupply outweighed risks from the ongoing crisis in Venezuela. Additionally, copper prices surged toward a record
Asian markets extended a record-breaking rally on Tuesday, taking cues from Wall Street’s latest highs, even as investors digested geopolitical shocks linked to Venezuela and fresh developments from Nvidia in autonomous driving. The day’s trading reflected a market largely driven by momentum and macroeconomic expectations, with limited spillover so far from rising political risk in
Global markets closed the day shaped by geopolitics, regulation, and shifting risk appetite. US plans around Venezuela’s oil sector met skepticism from energy majors, while NVIDIA’s China ambitions remain stuck in policy gridlock. Investors sought safety as gold surged toward record levels on dovish Fed signals and political turmoil. In India, antitrust authorities widened a
Geopolitical instability and burgeoning global debt are forecast to drive gold prices to a staggering $5,050 per ounce in the first half of 2026, though this historic peak may be followed by a sharp correction later in the year, according to a recent analysis from HSBC. “We see a wide range of $5,050 – $3,950/oz
Gold and silver continued their merry run from last year as prices reached fresh record highs on Monday. Investors flocked to bullion as safe-haven demand increased due to ongoing geopolitical tensions. Growing bets that the US Federal Reserve will further cut interest rates this year also boosted sentiment among investors. Lower interest rates bode well