The tech sector in Europe started to rise. Start-ups are on track to bring in a record of $120 billion in funding this year. According to a report from venture capital company Atomico, it is roughly three times the $40 billion of capital raised last year. It happened for the first time for European start-ups …
European start-up funding surpasses $120 billion this year Read More »
China Evergrande Group has to cope with numerous issues on a daily basis. The company is again on the brink of default. Unfortunately, some offshore bondholders of China Evergrande Group did not receive coupon payments by the end of a 30-day period. Several days ago, the company made it clear that it was struggling to …
China Evergrande Group is on the Brink of Default Read More »
Famous investors differ widely in their strategies as well as philosophies when it comes to trading; some came up with new and innovative ways to analyze their investments, while others picked securities almost entirely by instinct. However, these investors don’t differ in their ability to consistently beat the market. Let’s start with Ben Graham. He …
The broad cryptocurrency ecosystem was under threat on December 6. After the December 3 market sales, waves of anxiety erupted in the sector, and the price of Bitcoin remained below $50,000. The latest data show that bulls can keep the price of BTC above $49,000. However, from a general perspective, additional days of consolidation are …
What Is the Maximum Price of Bitcoin in the Near Future? Read More »
On Tuesday, riskier currencies picked up while the dollar index remained steady as traders speculated that the new Omicron strain of coronavirus would not be as severe as previously anticipated. Asian shares made a recovery overnight. Oil prices rose as risk appetite changed following reports in South Africa this week saying that the new Omicron …
Commodity prices raised as Omicron turned out to be moderate Read More »
The world’s largest economy created far fewer jobs than expected in November, in a sign that hiring started to slow even ahead of the new Covid variant. In November, nonfarm payrolls rose by just 210,000 according to the data provided by the Labor Department. Hopefully, the unemployment rate dropped sharply to 4.2% from 4.6%. The …
A combination of factors helped to boost oil prices on Monday. Oil gained 2$ a barrel toward $72 on hopes the Omicron coronavirus variant would have a less damaging economic impact if its symptoms proved mostly mild and the prospect of an impending rise in Iranian oil exports receded. Hopefully, Anthony Fauci stated that “it …
The most-indebted real estate developer in the world is struggling to avoid the worst-case scenario. Shares of China Evergrande Group fell 12% to an 11-year low on Monday after the company said there was no guarantee it would have enough funds to meet debt repayments. The company’s announcement had a tremendous impact on its shares. …
Shares of China Evergrande Fell to the Lowest Level Read More »
On Saturday, the Iranian Rial fell but continued to be over historic lows. It occurred after reported news was shared that world leaders’ plans to strengthen the 2015 Iran nuclear agreement might face difficulties. Indirect U.S.-Iranian discussions on keeping the 2015 Iran nuclear deal broke off this Friday until the following week, with European officials …
Iranian Rial sinks as nuclear talks appear to hit roadblock Read More »
A venture capitalist told CNBC that Chinese technology companies are trying to expand overseas while marking a shift in perspective among companies in China. According to a managing partner at venture capital company MSA Capital, Ben Harburg, this shift appeared as a part of competitive pressure in specific sectors and China’s tighter regulatory investigation on …
Bitcoin traded at around $49,000 on Monday. Traders were hurt after a weekend storm when the world’s most popular digital currency lost a fifth of its value. Stackfunds Chief Operating Officer Matt Dibb said the rest of the fourth quarter would be a tough month; The leverage markets are entirely overloaded. Based on Coinglass, the …
Brutal Weekend: Bitcoin is Below $50,000 – What to Expect Read More »
Stocks in Asia-Pacific were mixed on December 3, following days of turbulent trading this week as investors continue to monitor the situation regarding the omicron variant of the coronavirus. Chinese tech stocks in Hong Kong fell after Didi announced on December 3 that it plans to delist from the NYSE. The company will begin taking …
Chinese Tech Stocks Fell Due to Didi’s Announcement Read More »
The coronavirus pandemic is not over yet, so companies are beginning to consider different permanent work models for their employees. The Omicron variant once more highlighted the severity of the problem. The World Health Organization (WHO) said the Omicron variant carries a “very high” global risk of surges. It could take weeks to analyze the …
How Companies Are Trying to Cope With Coronavirus Read More »
As populations are aging worldwide, people spend more time in bad health. The current pandemic increased health risks for older people while extending the capacity of health care systems to cope with rising demand. Here are some examples of how new technology can support the mission of well aging. Supporting the independence of the aging …
On Friday, the dollar rose against most currencies after the appearance of the U.S. jobs data that might clear the path for the Federal Reserve’s rate hike. On Thursday, Chair Jerome Powell joined Fed officials looking for a hawkish position, with Mary Daly (San Francisco Fed President) stating that it seems to be time to …
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