Federal Reserve Decision
The US Federal Reserve has chosen to keep its benchmark interest rates steady at 5.25-5.50 per cent for the fifth consecutive meeting after the Federal Open Market Committee (FOMC) meeting on March 20.
Legal Action Against Apple
The US Justice Department is preparing to sue Apple for alleged antitrust violations, with a lawsuit expected to be filed soon.
Reddit IPO Success
Social media giant Reddit has raised an impressive $748 million in its initial public offering (IPO), pricing it at the top end of its range.
Akasa Air’s Boeing 737 MAX Delivery
Despite concerns over Boeing’s production schedule, India’s Akasa Air remains positive about the timely delivery of its ordered Boeing 737 MAX jets.
Intel’s Investment in Chip Manufacturing
Intel Corporation has announced a $100 billion investment in expanding its chip manufacturing capabilities across four states in the US.
Equinix Accusations
Hindenburg Research has accused Equinix of inflating profit metrics and misleading investors, raising concerns about the company’s practices.
Hermes Antitrust Lawsuit
French luxury brand Hermes is facing an antitrust class action lawsuit in California related to the exclusive sales of its Birkin handbags.
Chipotle Stock Surge
Chipotle Mexican Grill’s shares have surged beyond $3,000 following a historic 50-for-1 stock split announcement by the company.
China’s Monetary Policy
China’s Deputy Central Bank Governor has hinted at further monetary easing measures, indicating potential policy changes in the country’s financial landscape.
