Uber warns about competition

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Source: Dukascopy Bank SA
Uber stock price has experienced a decline during this week due to the company issuing a warning that Lyft had started to effectively compete in ride pricing.
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Thu, 03 Aug 2023 11:07:11 GMT

Bank of England hikes interest rates

The Bank of England has just now increased its Official Bank Rate from 5.00% up to 5.25%. The move was expected by the financial markets. As a result of the policy change the value of the Pound initially reacted with a downwards move, before returning to previous levels.

Thu, 03 Aug 2023 08:30:04 GMT

Amazon invests in Israel

Amazon has announced the creation of a new Amazon Web Services data centre network in Israel. The total investment is set to reach $7.2 billion.

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