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Financial Markets News

Major UK Class-Action Lawsuit Targets Apple's iCloud Practices
Financial Markets

Major UK Class-Action Lawsuit Targets Apple's iCloud ...

U.K. consumer rights organization 'Which?' has launched a significant legal claim against Apple under competition law, representing approximately 4...

PBOC's USD/CNY Reference Rate: Strategies for a Stable Yuan
Financial Markets

PBOC's USD/CNY Reference Rate: Strategies for a Stabl...

The People's Bank of China (PBOC) is anticipated to set the USD/CNY reference rate at 7.2326, according to a Reuters estimate. This rate is a signi...

Turbulence in Global Oil Markets: Geopolitical Tensions and Economic Stimuli Shake Oil Prices
Financial Markets

Turbulence in Global Oil Markets: Geopolitical Tensio...

Recent developments have kept the global oil markets on edge, as geopolitical tensions and economic stimuli play pivotal roles in shaping oil price...

MCAN Financial Group's Strong Q3 2024 Earnings: Resilience Amid Market Challenges
Financial Markets

MCAN Financial Group's Strong Q3 2024 Earnings: Resil...

MCAN Financial Group has announced its financial results for the third quarter of 2024, showcasing a strong performance despite a challenging econo...

Recognizing Economic and Social Collapse: Lessons from Venezuela
Financial Markets

Recognizing Economic and Social Collapse: Lessons fro...

An economic and social collapse is a catastrophic event marked by the deterioration of critical systems like government, economy, infrastructure, a...

California Expands Film Tax Credits to Retain Production
Financial Markets

California Expands Film Tax Credits to Retain Product...

The announcement by California Governor Gavin Newsom about an increase in the state's tax credit program for film and TV production marks a signifi...

Understanding the People's Bank of China's USD/CNY Reference Rate Mechanism
Financial Markets

Understanding the People's Bank of China's USD/CNY Re...

The People's Bank of China (PBOC) is expected to set the USD/CNY reference rate at 7.1452, according to a Reuters estimate. This reference rate, du...

The Complex Exit of Howard Lorber: Scandals, Relationships, and Corporate Ethics Unraveled
Financial Markets

The Complex Exit of Howard Lorber: Scandals, Relation...

Howard Lorber, the former CEO of Douglas Elliman, made headlines upon his sudden retirement as he admitted to having intimate relationships with tw...