Mid and smallcap stocks rebound sharply; was a bear attack just a 1-day show?

Mid and smallcap stocks rebound sharply; was a bear attack just a 1-day show?

After a bear attack on Wednesday, bulls were quick to come back and pull small, and midcap stocks back in the green. The Nifty Midcap 100 index, which saw its biggest one-day fall in over a year on Wednesday, rebounded and rose 0.6% to 44,300 on Thursday. Meanwhile, the BSE Smallcap index gained close to … Read more

Ford Chairman Rebukes Auto Union For Striking At Truck Plant

Ford Chairman Rebukes Auto Union For Striking At Truck Plant

The executive chairman of Ford Motor Company broke his silence on the monthlong auto workers strike on Monday and said the work stoppage could “devastate local communities” if it continues. Bill Ford, the great-grandson of Henry Ford and the company’s chairman since 1999, also criticized the United Auto Workers union for recently shutting down the … Read more

Pack your jerseys. The era of ‘sports tourism’ is here

Pack your jerseys. The era of ‘sports tourism’ is here

Start your engines. From Formula One races to the Summer Olympic Games, traveling to attend major sporting events is on the rise. Sports tourism, as it’s called, is one of the fastest-growing sectors in the travel industry, according to the United Nations World Tourism Organization.   The market is massive, and only stands to grow, … Read more

Panasonic’s New Powder-Powered Batteries Will Supercharge EVs

Panasonic’s New Powder-Powered Batteries Will Supercharge EVs

“There are companies that have partnerships and collaborations, but they’re all still in development,” claims Berdichevsky, “while we’re ready for scale production manufacturing.” Not coincidentally, Moses Lake is also home to REC Silicon, a formerly shuttered supplier to the photovoltaics industry, and now one of only two US makers of silane gas. Group14 will be … Read more

Investors bet UK interest rates could start falling by March; Warner Bros Discovery and Paramount in merger talks – business live | Business

Investors bet UK interest rates could start falling by March; Warner Bros Discovery and Paramount in merger talks – business live | Business

Investors bet on Bank of England interest rate cuts early next year UK interest rates could start to be cut as early as March, some City investors believe, after Wednesday’s welcome drop in inflation. The money markets are pricing in a sharp fall in UK borrowing costs, after the UK inflation rate dropped to 3.9% … Read more

U.S. passport delays have eased — but aren’t yet back to normal

U.S. passport delays have eased — but aren’t yet back to normal

Tooga | Digitalvision | Getty Images Long delays to get a new U.S. passport have eased from earlier in 2023 but haven’t yet returned to their pre-pandemic baseline. As of Nov. 6, the U.S. State Department is processing routine passport applications in seven to 10 weeks, the agency said. It’s processing expedited applications — which … Read more

Average household with solar panels saving thousands of dollars on power bills

Average household with solar panels saving thousands of dollars on power bills

The average household is saving thousands of dollars each year on their power bills with rooftop solar and battery storage. Households can save between $822 and $1350 on their power bills if they have rooftop solar and this jumps to between $1322 and $2252 if households have an 8.5kWh battery, government analysis shows. An 8.5 … Read more

United States weighs rise in tariffs on Chinese EVs

United States weighs rise in tariffs on Chinese EVs

The Biden administration in the United States is discussing raising tariffs on some Chinese goods, including electric vehicles, the Wall Street Journal said late on Wednesday, citing people familiar with the matter. Chinese automobiles face a 25% levy imposed during the administration of former President Donald Trump and extended by the Biden administration. The U.S. … Read more