Vivek Sharma

Global Equities rose, while US Dollar weakened amid soft labor market data

by
Global Equities rose, while US Dollar weak

July 3, 2024, US Stock Market – The Global equities rose while the US dollar weakened. This was largely due to softer-than-expected labor market data, which led investors to anticipate potential interest rate cuts by the Federal Reserve later this year. Global Equities rose due to softer-than-expected labor market data U.S. Labor Department data showed Read more: Global Equities rose, while US Dollar weakened amid soft labor market data..

Shell to temporarily pause on-site construction of Nederland biofuels facility

by
Shell biofuels facility project

Shell has announced a temporary pause in the on-site construction of its 820,000-tonne-a-year biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands. The decision was made to reassess project delivery and ensure future competitiveness in light of current market conditions. The Reason for pause Nederland biofuels facility is that Shell aims Read more: Shell to temporarily pause on-site construction of Nederland biofuels facility..

Zerodha to abandon its zero brokerage model – Its End of Zero-Brokerage?

by
Zerodha to abandon its zero brokerage model

Zerodha, has announced that it will likely have to abandon its zero-brokerage model for equity delivery trades and may increase fees for futures and options (F&O) trading due to new regulations from the Securities and Exchange Board of India (SEBI). SEBI has mandated uniform charges for market infrastructure institutions, including stock exchanges, that are not Read more: Zerodha to abandon its zero brokerage model – Its End of Zero-Brokerage?..