Aurubis, Germany-based Europe’s biggest copper smelter company, won European Union antitrust approval. According to the European Commission, the company acquired on Monday the Belgian-Spanish metal recycling group Metallo. The commission stated that the company would not affect competition in the copper recycling sector negatively. In May 2019, Aurubis agreed to buy Metallo for 380 million …
Trying to use strategies to trade in crypto would be useless if you did not know how it works. To get a proper understanding of the market, you will have to learn how to conduct analysis of the crypto trading market. This will be composed of two separate parts. On the one hand, you will …
Crypto services firm RockX conducted a survey connected with the crypto industry. According to this survey, a majority of Chinese miners expect a huge influx of new Bitcoin buyers within the next six months. Importantly, 57% of Chinese miners expect a large number of Bitcoin buyers to join the market in the near future. Moreover, …
Chinese Crypto Miners, Bitcoin Halving and New Buyers Read More »
Warren Buffett is one fourth-richest person in the world, and this fact shows that Buffett knows how to cope with various challenges. The aviation industry is not an exception. Moreover, Berkshire Hathaway owns significant minority holdings in the U.S. public companies such as American Express, Apple, Bank of America, The Coca Cola Company, etc. However, …
Warren Buffett Sold his Entire Position in Major Airlines Read More »
The U.S. dollar continued rising on Tuesday due to the investors’ concerns about rising tensions between the United States and China. The dollar climbed up by 0.1% to 99.55 against a basket of its rival currencies. It was near an almost two-week high of 100.83 in late April. The greenback strengthened after U.S. President Donald …
U.S. dollar is still high. What about Euro and Chinese Yuan? Read More »
The U.S. has the largest economy in the world followed by China and Japan. However, even for the largest economy, the coronavirus crisis created a lot of problems. Millions of Americans lost their jobs. Moreover, it is hard to say when the economy will get back on track. In this situation, the U.S. Treasury Department …
Treasury Department Plans to Borrow Trillions of Dollars Read More »
The firm’s license was already opted for cancelling since March 16, 2020.
Intel also has a partnership with Chinese EV startup Nio to build electric autonomous vehicles.
There are numerous factors that may affect stocks across the world. Tensions between the largest economies fall under this category. Two days ago, U.S. President Donald Trump said he believed that a “mistake” in China was the cause of the spreading coronavirus pandemic. However, he did not present any evidence to support his claim. Meanwhile, …
Largest Economies, Coronavirus Pandemic and Stocks in Asia Read More »
The U.S. dollar rallied on Monday against most major currencies due to U.S. President Trump accusing China of spreading the virus. Concerned investors bought the dollar. The safe-haven Japanese yen was the only currency that rose versus the greenback, last trading up by 0.2% at 106.71. On the other hand, European currencies declined. The euro …
U.S. dollar hit high on Monday. What about the Euro and Yen? Read More »
Crypto exchanges continue to expand their services. Last week, crypto exchange Bitfinex announced the launch of the Bitfinex Pulse social network. This social media platform will help crypto traders to collaborate and exchange ideas. However, unlike most social media platforms, this network will focus on the niche of Bitfinex’s users. The network will produce high-quality …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURTRY The euro to Turkish lira pair has continuously advanced in the trading sessions. As of today, the pair has steadied, but things aren’t to last for bearish investors as the pair is widely …
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