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Indias auto sector shows sustained post-festive momentum, with Q3 volumes up 17% year-on-year across segments. Strong demand, lean inventories and easing discounts are lifting revenues, profits and margins, supporting a positive medium-term outlook for automakers and ancillaries.
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News and Media
Jefferies' global equity strategist, Chris Wood, has expressed serious concerns about Bitcoin's future, citing the potential threat posed by quantum computing. He has shifted his portfolio away from Bitcoin towards gold and gold-mining stocks, fearing that advanced quantum computers could compromise Bitcoin's security. The digital asset community is actively discussing solutions to safeguard against this emerging risk.
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News and Media
Venezuelan banks will receive 300 million dollars from oil revenues. This money comes from an account in Qatar. The banks will sell these dollars to Venezuelan companies. These companies need foreign currency to import materials. This move aims to ease a dollar shortage. The U.S. had previously seized Venezuelan oil tankers. This action impacted the country's main revenue source.
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News and Media
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