AmEx exceeds profit expectations

Source: Dukascopy Bank SA
American Express reported on Friday its quarterly profit beat forecasts on releasing over $1.0B worth of funds, which the company had set aside for potential COVID-19 loan losses.
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Fri, 23 Apr 2021 11:51:33 GMT

Baidu's Jidu Auto plans new investment

China's Baidu and Geely electric car joint venture Jidu Auto is planning further investment of $7.7B into manufacturing smart vehicles during the following five years, its CEO said on Friday.

Fri, 23 Apr 2021 10:00:06 GMT

Bitcoin declines on Friday

During Friday's trading hours, the price for Bitcoin declined, as US President Joe Biden revealed that cryptocurrencies could be taxed.

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