News

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Tue, 09 Feb 2021 14:56:23 GMT

Dollar erases February gains

On Tuesday, the US Dollar entered into a thrid day of declining, as it reached the low level of February 1.

Tue, 09 Feb 2021 13:43:16 GMT

Crude oil reaches record high

On Tuesday, prices for crude oil reached a 13-month high level, as demand for oil was expected to return.

Tue, 09 Feb 2021 12:14:57 GMT

Exchanges experience glitches

On Monday, due to an influx of investment into BTC, various cryptocurrency exchanges reported that they were experiencing technical issues.

Tue, 09 Feb 2021 10:04:24 GMT

Asian shares edge higher on Tuesday

On Tuesday, Asian shares edged higher. MSCI's broadest index of Asia-Pacific shares outside Japan was last up by 0.32% at 721.53.

Tue, 09 Feb 2021 09:02:52 GMT

US Dollar declines on Tuesday

On Tuesday, the US Dollar declined to its lowest level in a week, as bitcoin cryptocurrency reached a record above $47,000.

Tue, 09 Feb 2021 08:04:19 GMT

Chinese smartphone shipments edge higher

According to the Chinese government data, shipments of China's smartphone rebounded to pre-pandemic levels in January.

Tue, 09 Feb 2021 07:02:30 GMT

Crude oil prices hit 13-month high

On Tuesday, crude oil prices hit 13-month levels, as supply cuts by top producers in the Organization of the Petroleum Exporting Countries and their allies support oil markets.

Tue, 09 Feb 2021 05:21:18 GMT

Wall Street reaches record high

During Monday's US trading hours, US stock indices reached a record high, as expectations of stimulus boosted the markets.

Tue, 09 Feb 2021 04:31:12 GMT

Elon Musk boosts BTC price

During Monday's trading, the price of Bitcoin reached a new all-time high due to the CEO of Tesla Elon Musk announcing that the company would take Bitcoin as payment.

Mon, 08 Feb 2021 21:41:58 GMT

UK calls for reset in relations with EU

On Monday, the United Kingdom announced that it would like a reset with the EU and a refinement of the Brexit deal.

Mon, 08 Feb 2021 20:44:14 GMT

G4S to negotiate head-to-head auction

The UK security group G4S is set to hold talks with the City's takeover panel, which could lead to a head-to-head auction between allied Universal and GardaWorld for the company's buyout.

Mon, 08 Feb 2021 19:44:37 GMT

Renesas buys Dialog in €4.9B deal

Renesas Electronics agreed to acquire Dialog Semiconductor for €4.9B in cash, strengthening its stance in low-power technology and connectivity through smart devices, cars and industry.

Mon, 08 Feb 2021 18:55:17 GMT

Airbnb to control short lets in France

Airbnb announced its intention to tighten control over short-term rentals in several cities in France by deleting those without official registration numbers.

Mon, 08 Feb 2021 18:24:48 GMT

Porsche to build assembly plant in Malaysia

Porsche AG is expected to set a new assembly factory in Malaysia within a partnership with Sime Darby Bhd's automotive business, The Edge Weekly reported.

Mon, 08 Feb 2021 16:51:52 GMT

Asia's chipmakers to expand output capacity

Asian chipmakers aim to boost their output capacity in order to meet a worldwide chip shortage that affected carmakers, warning the supply gap could take months to fill due to strong demand.

Mon, 08 Feb 2021 15:49:26 GMT

GameStop shares soar 11%

Shares of GameStop, the videogame retailer, surged as much as 11% in Monday's early deals, despite the recent Reddit trading mania calmed.

Mon, 08 Feb 2021 15:06:44 GMT

Bicoin reaches new record

During Monday's trading, the price of Bitcoin almost reaches 45,000.00, as Tesla announced that it would accept the currency as payment.

Mon, 08 Feb 2021 14:20:16 GMT

Tesla stock jumpes on Monday

At the start of US trading, the stock price of Tesla surged by 2.29%, as the company announced that in the future it would accept Bitcoin as payment.

Mon, 08 Feb 2021 11:27:58 GMT

Oil trades above $60

During Monday's European trading hours, the prices for oil reached above the $60 mark, as demand was expected to return in 2021.

Mon, 08 Feb 2021 09:57:35 GMT

Asian shares edge higher

On Monday, Asian shares remained near record levels. MSCI's broadest index of Asia-Pacific shares outside Japan was last up by 0.30% at 717.2.

Mon, 08 Feb 2021 09:01:24 GMT

Blackstone commits $150M to ApaH Capital

According to sources with knowledge of the matter, the world's largest hedge fund investor Blackstone Group is investing $150M in new hedge fund ApaH Capital.

Mon, 08 Feb 2021 07:59:30 GMT

China hits Vipshop with $464K fine

On Monday, the Chinese authorities slapped Vipshop Holdings with a $464,000 fine, as the online retailer was punished for violating the unfair competition law.

Mon, 08 Feb 2021 07:00:41 GMT

Dialog in talks with Renesas about $6B sale

On Sunday, Dialog Semiconductor confirmed that it was in high-level discussions with Renesas Electronics about a possible $6 billion sale.

Mon, 08 Feb 2021 06:02:25 GMT

Yellen comments on recent market volatility

On Sunday, the US Treasury Secretary Janet Yellen stated that it is too early to say if changes are needed to address the recent financial market volatility.

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