Tag: Business
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Asian markets tumble as Fitch downgrades US credit rating
Asia-Pacific markets fell after Fitch downgraded the US credit rating.
Asia-Pacific markets fell on Wednesday after ratings agency Fitch downgraded the US from AAA to...
Fitch decision pricing in gold
Gold gained in value as safe-haven demand in the markets increased after the credit rating agency Fitch revised the US credit rating downwards.
Gold rose...
BofA withdraws its US recession forecast
In a memo, Bank of America economists announced that they had previously withdrawn their forecasts for a mild recession in the US economy in...
Investigation launched for 280 thousand new Tesla vehicles
The American National Highway Traffic Safety Administration (NHTSA) has launched an investigation into 280 thousand new Tesla Model 3 and Model Y vehicles due...
US puts two more Chinese companies on ban list
The USA has put two more Chinese companies on the ban list on the grounds that they are forcing minorities to work. Thus, a...