It is hard to imagine a modern world without various messaging services. Interestingly, Telegram continues to expand its services. For example, people who would like to leave WhatsApp, have the ability to import their chat history to Telegram. As a result, they won’t lose past conversations after switching from WhatsApp to Telegram. It is worth …
China has the second-largest economy in the world and many people may think that its economy outperformed other economies. However, the situation is more complicated as Vietnam is likely the top-performing economy in 2020. People should take into consideration that, not every Asian economy reported a fourth-quarter as well as full economic numbers. Based on …
The U.S. dollar extended gains versus most currencies as stock market rout triggered by concerts about excessive valuations increased safe-harbour demand for the American currency. Meanwhile, the euro nursed losses after the European Central Bank member warned that interest rate cuts are possible to curb the euro’s recent gains. Risk-sensitive currencies, like the Australian and …
The U.S. dollar extended gains versus most currencies Read More »
Boeing is one of the most famous aircraft manufacturers in the world, but even the aviation giant is struggling to cope with problems. It is worth mentioning that, the company reported a record net loss that topped $11.9 billion in 2020. Interestingly, results worsened after it pushed out the deliveries of its 777X planes to …
The agricultural commodity had caught a hit on profit-taking and South America’s weather conditions developing to enhance crop yield prospects. However, could soybean prices retest $14? March soybean futures proposed $0.2875, or 2.14%, to $13.7225 per bushel at 15:55 GMT on Tuesday on the Chicago Board of Trade (CBoT). Notwithstanding last week’s slide, soybean prices …
Rudy Giuliani is no stranger to scandals. Interestingly, the former New York Mayor and current personal attorney of Donald Trump is a vocal proponent of baseless allegations of widespread fraud in the presidential election. The world’s largest video platform made an interesting decision. YouTube decided to suspend Rudy Giuliani from a program that allows partners …
Countries all over the world are trying to adapt to the ever-changing environment. There are many developing countries around the globe. The coronavirus pandemic created a lot of problems for developed as well as developing countries. On Tuesday, the International Monetary Fund (IMF) published its latest World Economic Outlook. It is worth noting that the …
IMF Expects the Global Economy to Grow 5.5% in 2021 Read More »
On Wednesday, the British pound increased over $1.37 ahead of comments from Federal Reserve Chair Jerome Powell. Meanwhile, the United Kingdom’s coronavirus vaccine rollout also offered support to the sterling. Hopes of a large U.S. fiscal stimulus package has fuelled risk sentiment in markets in recent weeks, benefiting sterling. Market participants are expecting Powell to …
The pound increased, the dollar fell, Aussie and kiwi rose Read More »
Johnson & Johnson ( J&J) is a world-famous company the develops various products. This week more precisely on Tuesday the New Jersey-based company reported fourth-quarter earnings and revenue that surpassed Wall Street’s expectations. The revenue in the fourth quarter reached $22.48 billion. Interestingly J&J also said it would release key details regarding its coronavirus vaccine …
Johnson & Johnson Surpassed Expectations in the Q4 Read More »
March copper futures fell $0.012, or 0.33%, to $3.614 per pound at 13:49 GMT on Monday on the New York Mercantile Exchange. The red metal is getting off a moderate weekly increase of 0.3%. This increases its growth in the first month of the calendar year to just under 3%. Over the last 12 months, …
Copper Drops As The New Coronavirus Outbreaks In China Read More »
There is no lack of unverified or even fake news on various platforms. Hopefully, social media companies are working hard to deal with this problem. For example, Twitter launched its Birdwatch program. The company wants to address misinformation on the platform by allowing users to fact-check tweets. It is worth mentioning that, users in the …
Twitter Launched a Program to Tackle Misinformation Read More »
The British pound strengthened on January 26 as investors returned to risk assets on optimism for more stimulus in the U.S. Furthermore, the United Kingdom’s coronavirus vaccine rollout push over the weekend also offered support to the sterling. Remarkably, the U.K.’s coronavirus vaccine rollout gathered pace on Saturday, with 5.9 million people now having had …
The International Labor Organization (ILO) released an important report. As a reminder, the International Labor Organization is part of the United Nations. According to the report, the coronavirus pandemic erased 8.8% of global working hours, equivalent to 255 million full-time jobs, causing a crisis of unprecedented inequality. This is not the end of the story, …
On Monday, a recovery in global market sentiment weighed on the dollar, while other riskier currencies strengthened. Significantly, the optimism about U.S. President Joe Biden’s stimulus plans took precedence over the impact of coronavirus. Additionally, market sentiment had become more cautious at the end of the past week as European economic data revealed that lockdown …
A recovery in global market sentiment weighed on the dollar Read More »
The coronavirus pandemic created numerous challenges in 2020. Unfortunately, the pandemic is not over yet and this issue remains one of the most discussed topics in the world. It is worth mentioning that, stocks in Asia-Pacific strengthened their positions on Monday. Interestingly, investors continued to monitor the situation surrounding the coronavirus pandemic, and this factor …
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