India’s top winemaker bets on changing tastes with market debut

India’s biggest winemaker, Sula Vineyards, is heading to the stock market, betting on diversifying the taste buds of a burgeoning urban middle class in a country that has long favored hard liquor. Wine accounts for less than one percent of India’s massive alcohol market, with spirits being the drink of choice in the country of …

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Hong Kong stocks rise around 3% after reports say city plans to ease Covid rule

China’s National Health Commission issues guidelines for treating Covid at home Chinese health authorities announced guidelines on Thursday to treat Covid patients at home, a day after formalizing a policy that allows most infected patients to quarantine at home, as part of the easing measures in the country. The notice on the National Health Commission …

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The bond market indicates that the Fed remains firm in the fight against inflation

The gap between short- and long-term borrowing costs in the United States has reached its widest point since 1981, a sign that investors expect the Federal Reserve to stay the course in its battle to rein in inflation, even as fears of recession increase. The two-year Treasury yield traded at 4.2% on Wednesday, while the …

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The stock market is trapped in a sharp downtrend, and the situation could get worse

Stocks have lost their short-term bullish momentum, and now the market seems stuck in a longer-term downtrend with no end in sight. Many market strategists expect the S&P 500 to aim to retest lows in the first quarter as earnings look weaker, recession fears rise and the Federal Reserve continues to tighten policy. Strategists looking …

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Hong Kong shares rise nearly 3% after reports say city plans to ease Covid rule

Hong Kong plans to scrap outdoor mask rules: report Fitch expects house prices in Australia and China to fall in 2023 Fitch Ratings expects house prices in Australia to fall significantly by 7% to 10% next year, it said in its latest outlook report. The agency also predicts that house prices in China will fall …

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Global Personal Finance Software Market Regional Growth Analysis with Industry Player Data by 2030 – PRIZM News

New Jersey, United States – In a report recently published by Verified Market Research, titled “Global Personal Finance Software Market Report 2022“, analysts have provided an in-depth overview of the global personal finance software market. The report is an all-inclusive research study on the global financial management software market taking into account growth factors, recent …

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Former Theranos COO sentenced to almost 13 years | CNN Business

CNN Business — Ramesh “Sunny” Balwani, the former chief operating officer of failed blood testing startup Theranos, was sentenced on Wednesday to nearly 13 years in prison for fraud. It marks the end of the stunning downfall of a high-flying Silicon Valley company that resulted in the rare convictions of two tech executives. “There’s an …

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