The coronavirus pandemic remains one of the most discussed topics in the world for more than six months. Unfortunately, governmental as well as private organizations are struggling to cope with problems caused by the pandemic. Moreover, even the countries with the largest economies in the world suffered significant losses. It is worth noting that the …
U.K. Economy in the Third Quarter and Main Findings Read More »
Tech giants suffered losses as regulatory concerns continue to mount, and affected shares of China’s top technology giants. It is worth mentioning that, by the Wednesday market close in Hong Kong shares of Alibaba listed in the city dropped 9.8%. Moreover, the shares of Tencent fell 7.39%. Also, shares of smartphone maker Xioami dropped 8.18%, …
It was a very interesting day for the stocks in Asia-Pacific. Importantly, stocks in the region were mixed on Wednesday, with tech shares in the region monitored after overnight declines for the sector in the U.S. Interestingly, shares of tech giants listed in Hong Kong saw significant losses. However, before discussing the shares of famous …
Tough Day For the Hong-Kong Listed Shares of Tech Companies Read More »
The presidential race in the U.S is over, but apart from divided society, president-elect Joe Biden will have to deal with a vulnerable economic recovery under the threat from a resurgent crisis. Moreover, it won’t be easy to work with Congress as well as the Senate. The world’s largest economy suffered huge losses this year …
The dollar was down in the forex exchange on Wednesday. Sanguine hopes for a potential coronavirus vaccine was offset by worries about how the drug will be delivered. A surge of new infections is happening in the United States. The early optimism about vaccine testing helped the dollar up against the yen and the Swiss …
Oil prices edged up over 1% in energy commodities on Wednesday. An industry report showed U.S. crude inventories have fallen more than expected. Hopes of an effective coronavirus vaccine continued to bolster sentiment. At 0445 GMT, Brent crude futures gained 48 cents, or 1.1%, to $44.09 a barrel. U.S. West Texas Intermediate (WTI) crude futures …
Tech companies around the world have to deal with various scandals as well as lawsuits. According to the European Commission, Amazon is misusing the data it collects from third-party sellers on its platform. It is worth noting that, Amazon is systematically using non-public marketplace seller data to unfairly compete with sellers in France and Germany. …
Airlines suffered huge losses due to the coronavirus pandemic. Moreover, the industry is struggling is to cope with problems. The top priority for some of them is to avoid the worst-case scenario. Moreover, the pandemic is not over yet, and it could several years to return to pre-coronavirus pandemic levels. Hopefully, shares of airlines in …
Shares of Airlines Jumped Thanks to Positive News Read More »
On Monday, Fidelity, TD Ameritrade, and other Wall Street brokerage firms faced trading glitches when Wall Street opened for trading. Brokerage firms experienced service interruptions as oil and stocks soared after upbeat news from Pfizer on a coronavirus vaccine. According to the Downdetector app, customers of Fidelity, Merrill Lynch, Charles Shwab, Vanguard, and TD Ameritrade …
Wall Street Brokerage Firms Face Trading Glitches Read More »
The dispute between the European Union and the U.S. started a long time ago. The EU will impose tariffs on up to $4 billion worth of U.S. products on Monday. The bloc made the decision due to a lack of progress from America on resolving a long-standing dispute over aircraft subsidies. As mentioned earlier, the …
Global voluntary carbon credit markets would have to grow 15 fold by the year 2030. The aim is to enable companies and organizations to meet goals set under the Paris climate agreement. This is according to a private sector task force on Tuesday. Many global companies have pledged to reach net-zero emissions. specifically, these include …
The dollar fell on Tuesday morning in Asia’s forex exchange. News on Monday reported that a COVID-19 vaccine could become available relatively soon. This has raised optimism over global economic recovery. By 10:23 PM ET or 2:23 AM GMT, the US Dollar Index declined 0.22% to 92.632. This Index tracks the greenback against a basket …
Dollar Falls Over Growing Hopes on COVID-19 Vaccine Read More »
McDonald’s Corporation is one of the most famous fast food companies in the world and it retains this status for decades. Interestingly, people from all over the world, have at least some information about the company. Let’s have a look at the results, and discuss its plans for the future. It is worth noting that, …
McDonald’s Quarterly Earnings and Plans for the Future Read More »
Amazon as well as other companies are trying to adapt to the ever-changing environment. It is worth mentioning that, Amazon is launching a rewards program for its Flex delivery drivers. Interestingly, the tech giant added a section to the Flex website as well as an app on Apple’s App store that advertise the program. Let’s …
Amazon and its Rewards Program for Flex Delivery Drivers Read More »
Governments around the world are willing to do whatever it takes to minimize the impact of the coronavirus pandemic on the local economy. However, the pandemic is far from being over. In fact, it is hard to determine how long it would take to stabilize the situation. Importantly, even the world’s largest economy is struggling …
Long-Term Unemployment and the World’s Largest Economy Read More »
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