Tue, May 07, 2024

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Coca-Cola and coronavirus pandemic

Coca-Cola’s Phenomenal Performance and Financial Results

Last week, the Coca-Cola Company released the fourth-quarter results. This information once more underlined that despite the problems, the company was able to surpass the expectations. For example, the Asia Pacific unit volume rose by 2% even though the company experienced problems in China. Moreover, sales in the U.S., as well as other parts of …

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Dollar is spiraling down after the last two weeks of high

Dollar is spiraling down after the last two weeks of high

The U.S. dollar has been oscillating during the last few weeks. Mostly it was rising due to the china virus outbreak and its status as a safe-haven asset. However, this rise changed into a downfall after the last day’s events. Fed’s message was released, which was consistent with tolerance for higher inflation. As inflation causes …

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The copper price hasn't been so low for the last four years

The copper price hasn’t been so low for the last four years

Even though London copper prices rose on Friday, it experienced the biggest monthly fall since November 2015. On the London Metal Exchange, copper rose 0.3% to $5,601 a ton after 12 continuous sessions of losses. This month, it is down by 9.3%. Copper has seen the most pain among the significant commodities since the virus …

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Coca Cola and stock markets

Coca-Cola Surpassed the Expectations in the Q4 of 2019

One of the most famous companies when it comes to non-alcoholic beverages reported the quarterly results on Thursday. The Coca-Cola Company was able to surpass the expectations. Based on the results, in the fourth quarter of 2019, fiscal net income reached $2.07 billion or 47 cents per share. As a result, in comparison with the …

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U.S. bank and crypto-related companies

Silvergate Bank Plans to Offer New Services

Silvergate bank became famous thanks to its position regarding the cryptocurrencies. It provides U.S. dollar banking services for businesses that would like to use cryptocurrency. This is a very important decision as many banks refuse to handle the crypto transactions. Moreover, this bank from the U.S. State of California plans to make another serious decision. …

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Person holding a smartphone with Twitter logo on the screen.

Twitter Allows Reports Against Misinformation

In a drop-down “report this tweet” option, US users can now report misinformation and voter suppression on Twitter. The move comes just ahead of the 2020 Iowa elections. As per the site’s voter suppression rules, users are prohibited from tweeting misleading information on how or when to vote. Additionally, since voter ID rules differ from …

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China and coronavirus pandemic

China’s Economic Growth May Drop to 5% or Lower

The Chinese outbreak caused Chinese stocks to collapse. Traders began to move on to safe-haven stocks, such as Japanese and U.S. futures, using risk-off tactics. During the last weeks, the stock market constantly fluctuated, shares rising or falling depending on the virus’s progress. The Chinese yuan and Australian dollar suffered the most, though U.S. futures …

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Ireland and cryptocurrency firms

San Francisco-based Crypto Exchange and Ireland

Crypto-related companies continue to expand as they would like to attract customers from different parts of the world. One such crypto exchange is Coinbase. This San Francisco-based exchange would like to serve not only the American but European and Asian clients as well. Recently it made a huge step forward in this direction. Let’s have …

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Visa and crypto industry, Coinbase

Cryptocurrency Exchange Coinbase and International Clients

Cryptocurrency exchange operator Coinbase opened new custody operations in Dublin, in the capital city of Ireland. Coinbase decided to open the center to help non-U.S. institutional clients to store their assets. On Wednesday, the exchange operator announced that it plans to create Coinbase Custody International. The purpose of this entity is to expand its institutional …

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