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Posts published in “Statuses”

Suez Canal ship Ever Given partially refloated after huge effort to unblock key global trade route

SUEZ, Egypt — The giant container ship that has blocked traffic in the Suez Canal for the last week, bringing a key global trade route to a standstill and capturing the world’s attention, was partially refloated early Monday.It was unclear when the vessel would be fully set free but the progress raised hopes the crucial…

Cairn to seize overseas Indian assets to enforce $1.2-bn arbitration award

With govt so far refusing to honour the award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, said an official of a law firm representing Cairn TopicsCairn Energy UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate…

An acclaimed millennial wealth advisor who’s a partner at a $1.6 billion firm shares 4 stocks where investors can benefit from what he says will be the ‘largest increase in dividends in American history’ in 2021

J.R. Gondeck sees the "largest increase in dividends in American history" happening this year. In an interview with Insider, he recommended stocks from the financial and home improvement sectors. He said that he thinks 10-year Treasury yields have peaked in the near-term. See more stories on Insider's business page. If you're a yield-focused investor, you've…

‘People are just shocked’: Turkey’s lira plunges after Erdogan sacks third central bank chief in two years

Exchange offices in Istanbul, Turkey seen on October 28, 2020. Due to the increase in exchange rates and the economic instability, people change currency and buy Turkish lira.Erhan Demirtas | NurPhoto via Getty ImagesTurkey's lira fell dramatically on Monday morning after President Recep Tayyip Erdogan fired the country's central bank chief — the third to…