Gold falls below $2,000 as dollar rises on strong US jobs data

Gold falls below ,000 as dollar rises on strong US jobs data

The price of gold has been steadily climbing over the past few months, hitting an all-time high of over $2,000 per ounce in early August. However, recent news of positive US jobs growth has lifted the value of the dollar and caused the price of gold to fall below $2,000. This development has sparked concerns … Read more

FTC seeks preliminary injunction against ICE’s acquisition of Black Knight

FTC seeks preliminary injunction against ICE’s acquisition of Black Knight

The Federal Trade Commission (FTC) has called for a temporary halt to the proposed acquisition of Black Knight, a mortgage technology firm, by Intercontinental Exchange (ICE). The FTC has expressed concerns that the deal could lead to reduced competition, ultimately hurting consumers. The proposed merger, worth $11 billion, has already faced opposition from industry experts … Read more

Data shows Vietnam dispatches ship to monitor Chinese vessel enforcing control over Russian gas field in EEZ.

Data shows Vietnam dispatches ship to monitor Chinese vessel enforcing control over Russian gas field in EEZ.

Tensions between Vietnam and China have once again escalated as Vietnam announced the deployment of a ship to track a Chinese vessel patrolling a Russian gas field within Vietnam’s exclusive economic zone (EEZ). This move comes amid increasing disputes between the two countries over territorial claims in the South China Sea. With geopolitical tensions on … Read more

Microsoft proposes solutions to EU to gain approval for Activision acquisition

Microsoft proposes solutions to EU to gain approval for Activision acquisition

Microsoft’s impending acquisition of Activision Blizzard is under scrutiny following concerns from EU regulators that the deal could harm competition in the gaming industry. To seek approval from the EU, Microsoft has presented a plan of remedies offering concessions that would address concerns about their market position. This article will explore the EU’s concerns and … Read more