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Ravi Tiku’s Perspective: Decoding Today’s Headlines

Ravi Tiku’s Perspective: Decoding Today’s Headlines

The news tells you what happened. We decode why it matters.

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Finance News

What is digital piracy?

July 18, 2022

Pirated music and video content cost the US and leading economies of the world billions each year, according to data port. What all include digital piracy? Let’s take a peek into its dark world. …

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Lego closes Russia business and lays off 90 staff in Moscow.

July 16, 2022

By Reuters Updated 0807 GMT (1607 HKT) July 13, 2022 Lego suspended deliveries to Russia in March, and shuttered some stores in June. Moscow/LondonLego is closing its business in Russia indefinitely and laying off …

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A Top US Recession Indicator Hits Levels Last Seen In 2007, Before Financial Crisis

July 15, 2022

The US economy may be heading into a recession, according to an accepted indicator, after inflation there surged to a more-than-expected 40-year peak. Global EconomyEdited by Rahul KarunakarUpdated: July 14, 2022 9:08 am IST One …

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US Inflation Hits New Peak Of 9.1% In June, Fastest Rise In Over 40 Years.

July 14, 2022

US consumer price inflation surged 9.1 per cent over the past 12 months to June, the fastest increase since November 1981. Global EconomyAgence France-PresseUpdated: July 13, 2022 6:46 pm IST US gas prices at …

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Mass Sick Leave: IndiGo Starts Disciplinary Proceedings Against Technicians.

July 13, 2022

IndiGo has started disciplinary proceedings against the aircraft maintenance technicians who went on mass sick leave during the last five days to protest against low salaries, sources said on Tuesday. AviationPress Trust of IndiaUpdated: …

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Elon Musk’s Tesla Stock Sale Windfall Dwarfs Twitter Deal Loss.

July 12, 2022

Elon Musk’s attempt to scrap his purchase of Twitter may leave the world’s wealthiest person in a stronger financial position than before. Market NewsReutersUpdated: July 12, 2022 12:52 am IST Elon Musk’s Tesla stock …

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After $20 Trillion Losses, Investors Brace For More Colossal Wealth Wipe.

July 11, 2022

World stocks have lost over $20 trillion in value this year since January peaks, and the sharp slide echoes the hit early in 2020. Global MarketsEdited by Rahul Karunakar (with inputs from Reuters)Updated: July 10, 2022 …

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