Facebook officially launched its Clubhouse clone, among other audio tools that will reach the social network. Under the name of Live Audio Rooms, the platform will offer voice chats both within the Facebook application and through Messenger. The company led by Mark Zuckerberg expects the new functionality to reach all users by the summer. According …
The Clubhouse clone made by Facebook now is official Read More »
According to the latest news, Xi Jinping Chinese President called for a rejection of hegemonic power structures in global governance. The announcement came amid deepening tensions among China and the U.S. over a widening range of issues. These include the alleged human rights abuses. While speaking at the annual Boao Forum for Asia, the Chinese …
China called for a rejection of hegemonic power structures Read More »
The British pound benefited from the information released by the Office for National Statistics (ONS). The GBP/USD maintains the upbeat momentum intact above 1.4000 amid mixed U.K. labor market report. Interestingly, the spot was last seen trading at 1.4003, up 0.15% on the day, courtesy of the merciless slide in the U.S. dollar. The pound …
U.K. Jobless Rate and its Influence on the Pound Read More »
DOGE soars to a record high of $0.41 on April 19. The coin, which appears on the market as a joke, surprisingly rises by 428.2% within seven days. Supporters over the internet highly support Dogecoin to reach $1 on April 20. The day will be called “DOGE day.” Dogecoin has reached some financial milestones that …
Dogecoin rises by 428.2%; fans celebrate “#DogeDay420” Read More »
On Monday, the UK’s Treasury department announced the government compensation scheme for London Capital & Finance (LCf)’s victims. They said victims were receiving compensation under the Financial Services Compensation Scheme (FSCS). The FSCS has already compensated approximately £57 million to 2,878 bondholders of the collapsed financial scheme. But the UK government formed a new scheme …
UK Treasury Launches New Plan to Compensate LCF Victims Read More »
NASA awarded SpaceX, the billionaire Elon Musk’s company, a $2.9 billion contract to build a spacecraft to carry astronauts to the Moon. SpaceX will develop the spacecraft that will take astronauts back to the Moon for the first time since the last Apollo mission in 1972. Musk’s victory is a blow to Blue Origin, the …
SpaceX acquires NASA contract to send astronauts to the Moon Read More »
The Australian and New Zealand dollars began the week somewhat lower on Monday, following losses in oil and copper as coronavirus infections increase globally and notwithstanding bullish sentiment in more general Asian equities markets. The resource-sensitive Australian dollar increased to reach around flat at $0.7735 at midday, turning morning losses that forced the Aussie to …
Australian and New Zealand dollars struck by weak oil Read More »
As the COVID-19 vaccination continues and patients are recovering from long-lasting symptoms, it’s evident that the global economy starts rebounding. Remarkably, $26 trillion worth of crisis support and the arrival of vaccines have fueled a faster recovery than many anticipated. However, the destruction of jobs, widening inequalities among races, genders, generations, and geographies will leave …
After Coinbase’s recent debut on the Nasdaq, the price of Bitcoin plummeted to a three-week low. During the Asian session, the largest cryptocurrency by market value fell from approximately USD 60,000 to USD 52,148 in 15 minutes. Liquidated nearly USD 4 billion in derivatives market positions. The price of Bitcoin climbed to almost USD 65,000 …
The U.S. dollar hovers near a one-month low to its main peers on April 19, with Treasury yields hovering near the lowest point in five weeks, following the U.S. Federal Reserve’s position. The central bank made it clear that any spike in inflation was likely to be temporary. Also, the greenback was held down by …
Why the U.S. Dollar is Struggling to Gain Ground? Read More »
On Monday, U.S. stock index futures were mixed in trading after Dow Jones Industrial Average hit record highs on Friday. Futures are tied to the Dow that slid 80 points while S&P futures traded below the flatline. On the other hand, Nasdaq 100 futures trading in mildly positive territory. Stocks are coming off after gaining …
U.S. Stock futures mixed after Dow Hits Record Highs Read More »
Xiaomi Mi TV EA 2022 is official. It is the new range of Xiaomi televisions, which stands out for having a metal unibody design. Totally, there will be seven models with various screen sizes and slight differences. The Asian giant markets all kinds of devices of all imaginable categories, although the truth is that it …
Xiaomi’s new TV series arrives in 7 screen sizes Read More »
According to China’s National Bureau of Statistics, GDP rose 18.3% in the first three months of the year from a year ago, China’s National Bureau of Statistics said Friday. That’s slightly below expectations of a 19% rise. Remarkably, an increase in growth comes off a contraction in the first quarter of last year. At the …
China’s GDP rose 18.3% in the first three months of 2021 Read More »
In January, Occidental Petroleum announced it had completed something no other oil company had performed before: It sold a shipload of crude that it stated was 100% carbon-neutral. While the two-million-barrel cargo to India was devised to accommodate more than a million tons of planet-warming carbon throughout its lifecycle, from well to tailpipe, the Texas-based …
Oil companies practice offsets to claim green barrels Read More »
The U.S. dollar is on track for its worst back-to-back weekly drop in 2021 in the middle of an extended retreat in Treasury yields as investors increasingly bought into the central bank’s insistence of keeping an accommodative policy stance for a while longer. The benchmark 10-year Treasury yield fell to a one-month low of 1.528% …
Dollar is on Course for its Worst Back-to-Back Weekly Drop Read More »
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