In a significant development for the ride-hailing giant, Uber has been added to the S&P 500 Index, replacing Sealed Air Corp. This announcement caused Uber’s shares to surge by 5% in after-hours trading on Friday. The inclusion in this prestigious index is expected to have a positive impact on Uber’s stock price and increase its
World
Over the past two decades, the world order has relied heavily on the United States-led institutions, the growing influence of China, and Europe’s economic ties with various nations. However, the absence of a prominent European leader since Angela Merkel’s retirement in 2021 has created a significant void felt across all regions. Europe’s position has been
In a surprising turn of events, Apple has reportedly presented Goldman Sachs with a proposal to terminate their credit-card and savings account partnership within the next 12 to 15 months. If this were to happen, it would mark the end of one of the most prominent collaborations between a bank and a tech giant. This
In 2023, Europe experienced a significant decline in venture capital investment, with funding for European venture-backed companies projected to decrease by 45% compared to the previous year. This decline can be attributed to the effects of high interest rates that have impacted investor confidence. However, amidst the overall decrease in funding, the artificial intelligence (AI)
Recently, Ukrainian forces managed to cross the Dnieper River and establish footholds on the east bank, marking a small but significant breakthrough in their six-month counteroffensive against Russia. This development has sparked hopes that Ukraine could advance southward toward Crimea, potentially breaking the land bridge that connects Russia to the peninsula. With the strategic importance