Kalyan Kumar

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Nissan Motors Ex Boss Carlos Ghosn Gets Bail

The former boss of Nissan Motor Corporation, Carlos Ghosn, finally got bail on Tuesday from a Tokyo court. In jail for the past three months, Ghosn faces a slew of charges including financial misconduct. But he refutes any wrongdoing and claims he was framed.

US, China Trade War To End Soon, All US Tariffs May Be Lifted

The long drawn U.S-China trade war may soon come to a close as both sides are reportedly nearing a deal. According to a Bloomberg report, China is insisting on the U.S to withdraw levies on $200 billion of Chinese goods quickly to finalize the deal. As a result, the U.S may lift most or all tariffs it imposed on Chinese goods.

Higher Start Likely For US Markets, Oil Up

Higher opening likely for the U.S markets Monday after most U.S. stock index futures moved up in the morning, on the back of hopes of an imminent trade deal between the U.S. and China.

Instant Pot, Corelle Merger To Create $2B Company

A mega kitchen-products company is in the making at the North American market. This follows the reported merger plan of hugely popular Instant Pot multi-cooker maker, Instant Brand, and Corelle Brands LLC.

Fed Chief Powell Expresses Concern Over Mounting US Debt

Federal Reserve Chief Jerome Powell has expressed concern about the mounting U.S. national debt. Testifying to a Congress Banking Committee, he said the federal government is moving on an unsustainable fiscal path leading to the escalation of debt as a percentage of the GDP.

Mixed Open Likely For US Markets: Oil Steady, Gold Up

Mixed open likely for the U.S markets Friday as stock futures are relatively flat. At 2:35 a.m. ET, Dow futures rose just 7 points, hinting a flat open. Both S&P 500 and Nasdaq futures were barely above the flat line.

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