top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.


The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Stock Markets

29 Aug 2021

Elon Musk Highlights Concerns over Nvidia Deal

The Index Today

Elon Musk has indicated major concern regarding competition over Nvidia Corp’s purchase of British chip designer Arm.

Amazon and Samsung Electronics have submitted complaints to the U.S authorities about the deal. Nvidia is facing backlash and opposition from a number of rivals.

Tesla, Samsung and Amazon have refused to further comment on the situation. Nvidia will require European Union antitrust approval to continue with the $54 billion purchase of Arm. The sale is to be carried out next month where regulators will be conducting an investigation after the preliminary review.

Clay pottery with table linens
bottom of page