News

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Mon, 15 Mar 2021 13:47:59 GMT

Bitcoin retraces downwards

During Monday's trading hours, in the aftermath of booking a new all-time high during the weekend, the price for Bitcoin declined below the 55,000 level.

Mon, 15 Mar 2021 12:45:47 GMT

US Dollar recovers

On Monday, the US Dollar entered its second session of gains. However, the currency index was still at March 10 levels.

Mon, 15 Mar 2021 11:44:23 GMT

China's factory, retail sector activity rises

The retail and factory sector activity in China surged during the 2021's first two months, topping estimates, as the economy is recovering from the coronavirus pandemic.

Mon, 15 Mar 2021 11:13:16 GMT

VW to switch type of EV battery

Volkswagen has announced on Monday about its plans to switch the electric vehicle battery type, leaving the carmaker's supply deals with SK Innovation and LG Energy Solution in doubt.

Mon, 15 Mar 2021 10:18:24 GMT

Baidu's Kunlun finalises new funding

On Monday, China's search giant Baidu announced its AI chip division Kunlun had recently completed a fundraising round at the valuation of about $2.0B.

Mon, 15 Mar 2021 09:37:26 GMT

Deliveroo aims at $1.4B shares sale in IPO

On Monday, Deliveroo said it was planning to sell about $1.39B of its new shares in the IPO, in potentially the largest London listing in over seven years.

Mon, 15 Mar 2021 05:59:32 GMT

Crude oil prices edge higher

On Monday, crude oil prices edged higher. Brent crude futures for May surged by 0.3% to $69.45 a barrel by 01:02 GMT, while the US WTI crude for April was at $65.90.

Mon, 15 Mar 2021 05:00:01 GMT

Global stock prices edge higher

On Monday, global equity markets edged higher, as investors and traders bet on a faster economic recovery.

Mon, 15 Mar 2021 03:59:12 GMT

First Digital Bank starts operation in Israel

On Sunday, the Israeli First Digital Bank began operations on a testing basis and announced that it planned to open to the general public later this year.

Mon, 15 Mar 2021 02:36:04 GMT

VW plans to cut around 4,000 jobs

According to sources with knowledge of the matter, the German automaker Volkswagen plans to slash roughly 4,000 jobs at its factories in Germany via early retirement.

Sun, 14 Mar 2021 21:31:43 GMT

Volkswagen retires workers

Volkswagen revealed to Handelsblatt that the company would retire 5,000 workers in a new early retirement program.

Sun, 14 Mar 2021 19:43:04 GMT

Virgin Atlantic raises capital

On Sunday, Virgin Atlantic revealed that it would raise 160 million GBP in a new round of financing.

Sun, 14 Mar 2021 19:30:54 GMT

S&P comments on oil producers

S&P Global announced on Sunday that the oil-rich region of the Persian Gulf would recover economically very slowly.

Sun, 14 Mar 2021 17:44:03 GMT

Singapore reopens borders

On Sunday, the Prime Minister of Singapore Lee Hsien Loong stated in an interview that Singapore could reopen its borders by the end of this year.

Sun, 14 Mar 2021 16:12:57 GMT

Biden and Suga arrange meeting

Japanese newspaper Yomiuri announced on Sunday that the President of the United States Joe Biden and Japanese Prime Minister Yoshihide Suga would meet on April 9.

Sun, 14 Mar 2021 15:45:51 GMT

Biden enlists FEMA

On Saturday, the US President Joe Biden enlisted the help of the Federal Emergency Management Agency to deal with a surge of illegal immigration.

Sun, 14 Mar 2021 14:40:30 GMT

British Airways comment on vaccination

British Airways announced on Sunday that they would call for a permission for free travel for all COVID-19 vaccinated people.

Sun, 14 Mar 2021 13:43:27 GMT

Bank of Spain comments on economy

On Sunday, the Governor of the Bank of Spain Pablo Hernandez de Cos stated that the recovery from Covid-19 would be slower than previously forecast.

Sun, 14 Mar 2021 13:03:42 GMT

Pope comments on war in Syria

The Pope announced on Sunday that efforts for peace should be made on the tenth anniversary of the civil war in Syria.

Sun, 14 Mar 2021 12:32:38 GMT

Protests continue in Myanmar

Throughout Sunday, protests against the military seizing power in Myanmar continued.

Sun, 14 Mar 2021 11:31:40 GMT

Italy expects decline in Covid

On Sunday, the Health Minister of Italy Roberto Speranza stated that he expects a decline in coroanvirus cases in late spring.

Sun, 14 Mar 2021 10:22:12 GMT

Carnival CEO comments on cruises

On Sunday, the CEO of Carnival Corp Arnold Donald revealed that it would take at least two years for the cruise industry to recover.

Sun, 14 Mar 2021 09:42:49 GMT

Panasonic CEO comments on EV

On Sunday, the CEO of Panasonic Kazuhiro Tsuga revealed to the Financial Times that the company would reduce its reliance on Tesla for electric vehicle batteries.

Sun, 14 Mar 2021 08:31:47 GMT

ETH reaches for high level

During Sunday's trading hours, the price for Ethereum hovered near the 2,000.00 mark, which was considered as the cyrptocurrencies all-time high.

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