President Joe Biden warned on Friday that the number of coronavirus deaths in the United States was expected to surpass 600,000 and urged Congress to move fast on his $1.9 trillion plan to battle Covid-19 and provide economic relief to struggling Americans. None of the reporters mentioned Tara Reade. Tara Reade, who worked for the […]
The Lucky Club is a Decentralized Finance (DeFi) initiative at the forefront of innovation in Fintech using blockchain and other proprietary protocols to allow people to not only use services like brokerage, banking and investing but to also participate directly in earning money in a way previously only available to Financial Institutions. As we build […]
After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar question won’t go away: how much is bitcoin actually worth? The virtual currency barrelled to new highs to rise more than 400 percent over the past year, before promptly sliding some 20 percent and then […]
Larneuk bred horses have been proving their worth over during 2020 and 2021 has started in style for farm located in Victoria’s Gooram Valley. Rocket Tiger set of a great deal of speculation after putting together 2 wins from 2 starts including a dominant win at Randwick that has generated a lot of talk about […]
China will surpass the United States to become the world’s largest Internet of Things (IoT) market in 2024, according to an industrial report. The global IoT market is expected to reach a value of USD 1256.1 billion by 2025 from USD 690 billion in 2019 at a CAGR of 10.53%, during the period 2020-2025. … […]
Reducing tariffs on China by even a “moderate” amount would benefit the US economy, according to a study by a business council and an economics firm. The report released Thursday came as the United States awaits the inauguration of President-elect Joe Biden on Wednesday, who is expected to detail his trade policy the following day. […]
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#tax #Biden #PresidentTrump #markets #Americans $DIA $QQQ $SPY $RUTX $VXX Experts are telling us that Joe Biden’s plan to raise the corporate tax rate will undo most of President Trump’s economy boosting efforts as it will send some American companies offshore, keep others overseas, hobble domestic companies and drive up the unemployment rate, thus damaging […]
“The Matrix is everywhere. It is all around us. Even now, in this very room. You can see it when you look out your window or when you turn on your television. You can feel it when you go to work… when you go to church… when you pay your taxes. It is the world […]
In the President’s final days in office, the biggest names in American business are in all out war with the US President and the Republican Party over accusations that events on Capitol Hill last week were a result of the President and the Party inciting the seizure last week on the US Capitol. While Corporate […]
Thailand Travel, the Tourism Authority of Thailand (TAT), in collaboration with Thai Airways International (THAI), Thai hotels Association (THA) and Association of Thai Travel Agents (ATTA), is launching an ‘amazing thailand Plus’ offer for foreign visitors wishing to enter Thailand during the COVID-19 pandemic. HEFFX offer a “Thai Gold Pass” service to individuals and corporations […]
As of January 6, there were 7,034 Covid-19 patients at the city’s hospitals, with 908 of them on lung ventilation, the mayor’s office revealed. The accelerating spread of the illness has put additional pressure on other emergency workers as well, with the city’s Ambulance Service now taking up to 8,000 emergency calls a day, compared […]
#Bitcoin has exploded in 2021 today breaking $41000 and still going strong. Bitcoin closed up 1,416.629 at 41,188.879. Volume was 62% above average (neutral) and Bollinger Bands were 289% wider than normal. Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected […]
The year of 2021 will be critical for the whole world that is struggling to end the COVID-19 pandemic and committed to addressing its long-term impacts. The pandemic has taken a heavy toll on the world economy, disrupted globalization, amplified unilateralism and accelerated a crisis in international cooperation. To tackle those challenges will not be […]
Direxion launched the Daily Cloud Computing Bull and Bear 2X Shares ETFs (Tickers: CLDL/CLDS). The Funds seek to achieve 200%, or 200% of the inverse, of the daily performance of the Indxx USA Cloud Computing Index. The Indxx USA Cloud Computing Index provides exposure to domestic companies that deliver cloud computing infrastructure, platforms, or services. […]
The latest Paychex | IHS Markit Small Business Employment Watch benchmark report reveals the effect of increasing COVID-19 cases on small businesses in the U.S. The Jobs Index shows a slowing of 0.24 percent in December to 94.06, a decrease of 4.18 percent from the year prior. A decline in weekly hours worked and hourly […]
Elon Musk has shown a knack for captivating an audience beyond investors and science geeks. View this post on Instagram A post shared by @elonmusk The brash Tesla CEO, now the world’s wealthiest person following the electric automaker’s meteoric rise, was the quintessential Silicon Valley disruptor — except he no longer lives in California. The […]
Civil War #ANTIFA #BLM #PATRIOTS #DEMOCRATS There were no winners on Capitol Hill yesterday as Patriots stormed the seat of Government as their calls for an investigation of Voter Fraud were continually ignored. ANTIFA, BLM and the Democrats raised the temperature of American Politics and it is not about to cool off anytime soon. ANTIFA […]
The United States saw 787,000 new applications for unemployment benefits in the final week of 2020, the Labor Department said Thursday, indicating layoffs remain widespread months into the coronavirus pandemic. The total was just 3,000 less than the previous week, seasonally adjusted, but still nowhere near the record-low unemployment seen before Covid-19 broke out in […]
#Alibaba #Tencent #PresidentTrump $BABA $TCEHY Shares in China’s two biggest companies Alibaba and Tencent tumbled in Hong Kong Thursday in response to the media reports that the Trump administration plans to press ahead with a ban on Americans investing in them. e-Commerce titan Alibaba sank more than four percent and internet powerhouse Tencent shed 3.3% […]
Apple on Wednesday said a dizzying $1.8 billion was spent on digital goods and services at its App Store between Christmas Eve and the end of December. Word of the stellar holiday week at the exclusive gateway onto Apple devices comes as the iPhone maker defends itself against concerns that its control over the App […]
Ford sales have slowed, the company reported a drop in fourth-quarter US auto sales Wednesday, citing the extended effects from a Covid-19 production shutdown that hit the supply of their most popular vehicle in the American market. Inventories of the F-150 pickup truck have suffered due to “lingering effects of the Q2 coronavirus production stoppage,” […]
Electric carmaker Tesla closed trading on Wednesday with a market value topping $700 billion for the first time. The latest surge means the company is worth more than General Motors, Ford, Toyota, Honda, Fiat Chrysler and Volkswagen combined. Tesla’s share price ended with a gain of 2.8 percent to $755.98 for a total value of […]
Bitcoin is a Long Term Buy Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish The next big news for crypto currency will be sovereign wealth funds and governments. Will they be ready to make a public investment into crypto next year? It’s actually technically already happened, albeit not directly. The Norwegian Government Pension […]
China’s central bank outlined key policies and tasks for 2021 during an annual work conference held in Beijing. The People’s Bank of China (PBOC) said Wednesday in an online statement released after the meeting that it would adhere to the general principle of pursuing progress while ensuring stability, and offer effective financial support in accelerating […]
China Thrives on Tax Cuts The epidemic-induced lockdowns loomed over China’s economy in the first half of 2020, but with quick emergency response and government-aided stimulus package, the country’s economy roared back. Massive tax cuts and increased government spending have helped the economy recover faster. The market is also closely watching over the country’s fiscal […]
China’s delayed carbon trading system will start operating in February, the environment ministry has said, as the world’s biggest polluter takes steps towards decarbonising its economy by 2060. The ministry issued rules on Tuesday allowing provincial governments to set pollution caps for big power businesses for the first time. Firms can buy the right to […]
US Employment, US private employment fell 123,000 in December, according to private data released Wednesday, a worrying sign for the economy as the coronavirus pandemic worsens. It was the first decline since the early weeks of the Covid-19 outbreak, and payroll services firm ADP said most of the damage was in large firms with more […]
The Biden Administration will be filled with taxation and regulation that stifle economic growth. Billions will be spent pandering to “Social Causes” and the Socialist push of some Democrats with the support of mainstream media creating an economic downturn within the USA. The dollar fell Wednesday as Democrats claimed the first of two key election […]
The 2021 World Economy is on track to grow by 4 percent in 2021, assuming vaccination for COVID-19 becomes widespread throughout the year, the World Bank Group said in its latest Global Economic Prospects released on Tuesday. “The global economy appears to be emerging from one of its deepest recessions, and beginning a subdued recovery,” […]
Apple is making environmental and social values factors it will weigh when calculating bonuses for top executives, according to a regulatory filing on Tuesday. The change taking effect this year is intended to motivate Apple executives “to meet exceptionally high standards of values-driven leadership in addition to delivering strong financial results,” the Silicon Valley technology […]
General Motors (NYSE:GM) Outlook Positive General Motors (NYSE:GM) reported Tuesday an annual drop in US auto sales despite a strong fourth quarter that reflected a surprisingly robust recovery from the disruption of Covid-19. The biggest US automaker cited continued consumer hunger for pickup trucks, sport utility vehicles and other large cars, enabling GM to score […]
Covid19 Vaccine Rollout Falters Should Covid-19 boosters be delayed? Could the dose levels be reduced by half, and would mixing and matching shots made by different makers work just as well? These are questions now facing governments around the world as vaccine rollout falters and the coronavirus continues to rage, spurred on by new variants […]
US Manufacturing Increased The resurgence of Covid-19 in the United States did not hold back factories in December, which saw activity grow faster than expected, according to an industry survey released Tuesday. The Institute for Supply Management’s (ISM) manufacturing index rose to 60.7 percent last month, defying forecasts that it would decline slightly as the […]
Since China made the development of the Yangtze River Economic Belt a national strategy, the country has shown firm determination in enhancing the ecological protection of its “mother river” and facilitating green, sustainable and high-quality development. The sprawling economic belt covers 11 provinces and municipalities from west to east, with Sichuan, Guizhou, Yunnan and Chongqing […]
What’s Hot in China for 2021 Optimism built up in the Chinese market at the beginning of 2021, with its stocks climbing and its currency gaining strength. China’s stock market headed into the new year on an upbeat note, with the benchmark Shanghai Composite Index rising 1.6 percent during the first two trading days. The […]
Norway has become the first country in the world where electric cars account for more than half of new registrations, according to figures published Tuesday by an industry group. Despite the Covid-19 pandemic delaying the release of several new models, electric vehicles accounted for 54.3 percent of the new car market last year, up from […]
Vaccine Priority Groups Principles guiding the prioritisation of the vaccine include scientific evidence, ethics and deliverability. Science should provide the evidence and data on risk of COVID-19 severe morbidity and mortality for different population groups, which underpins prioritisation decisions. From an ethical perspective, prioritisation should maximise benefit and reduce harm, be fair and transparent, and […]
Redsun Services Upgraded (“Redsun Services” or the “Group”; stock code: 1971), a fast-growing comprehensive community services provider focused on the Yangtze River Delta, has earned CCB International’s optimistic view accolade owing to a recent M&A that will strengthen its Central China and Non-Residential Exposure. The Group has also been given a “Buy” rating by CCB […]
Asian markets mostly fell Tuesday following a sharp pullback on Wall Street as investors were spooked by a coronavirus surge, new lockdowns, a slow vaccine rollout and uncertainty over US Senate elections. While analysts are broadly upbeat about the long-term outlook this year, the nascent inoculation programmes have yet to have an impact, meaning the […]
Goods flowed smoothly across the Channel between Britain and France on Monday, the first working day since the completion of Brexit last week. Nearly 3,000 trucks have passed through the Channel Tunnel from France to Britain since the UK left the EU customs union and single market at midnight on December 31, in the final […]
Socialism Bites it’s Sponsor, Google Gets a Union Employees at Google and other units of parent firm Alphabet announced the creation Monday of a union, stepping up a period of socialist activism targeting Silicon Valley giants. The Alphabet Workers Union, affiliated with the Communications Workers of America, aims to represent well-compensated tech workers as well […]
Tesla delivered a record number of cars in 2020, the company said, just narrowly missing its half a million target for the year. The pioneering high-end electric vehicle maker delivered 180,570 cars to customers and produced 179,757 in the fourth quarter of the year, it said in a statement Saturday. Tesla’s previous record was 139,300 […]
China’s foreign trade, with its “dark horse” performance in 2020 amid a pandemic-induced global recession, is expected to further stabilize in 2021, Reuters said in a recent analysis. Quoting several economic experts, the British news outlet wrote in its Chinese online edition that China’s foreign trade is expected to sustain due to an early recovery […]
Members of the OPEC group of oil producers and their partners will meet via videoconference Monday to decide production levels for February, which it hopes to continue boosting. The OPEC+ ministerial meeting comes after the Covid-19 pandemic tanked the market for crude in 2020. Despite a slight recovery of prices towards the end of last […]
Optimism about the economic outlook in 2021 helped Asian investors kick off the new year Monday on a positive note, as hopes surrounding the rollout of coronavirus vaccines offset a frightening surge in infections. With uncertainty over Brexit and a new US stimulus gone, sights are now on the economic recovery from the calamity that […]
China and the European Union (EU) on Wednesday announced they have completed investment agreement negotiations as scheduled. The long-awaited result, which came after 35 rounds of negotiations in the course of seven years, is a milestone in EU-China relations and is expected to inject new vitality into the pandemic-battered global economy, European experts, officials and […]
Tokyo stocks began the new year in volatile form, starting the Monday session up but quickly sinking on reports Japan may call a state of emergency over surging coronavirus cases. The benchmark Nikkei 225 index started the first trading day of the year up 0.53 percent but within an hour it was down 1.07 percent, […]
Singapore’s economy suffered its worst ever annual contraction in 2020 as the coronavirus pandemic hammered the city-state’s vital trade and tourism sectors, official data showed Monday. But the 5.8 percent decline was not as bad as feared — official forecasts had predicted a fall of up to 6.5 percent — as economic activity picked up […]
Another 57,725 people in Britain have tested positive for COVID-19, marking the highest daily increase in coronavirus cases since the pandemic began in the country, according to official figures released Saturday. The total number of coronavirus cases in the country now stands at 2,599,789, the data showed. Another 445 have died within 28 days of […]
The United States’ act of abusing national security to suppress Chinese enterprises is inconsistent with market rules and will weaken the confidence of all parties in the U.S. capital market, a spokesperson for China’s Ministry of Commerce said Saturday. The spokesperson made the remarks in response to the New York Stock Exchange’s announcement Thursday to […]
A peer-reviewed updated summary of COVID-19 early-treatment best practices was published Wednesday morning, in Reviews in Cardiovascular Medicine, an interdisciplinary scientific, open access journal. This international collaboration — comprised of physicians, like lead author Peter McCullough, MD, courageously treating patients despite the prevalence of “therapeutic nihilism” among government agencies like the NIH and FDA — outlines […]
Chinese President Xi Jinping said Thursday that he stands ready to maintain close contact with his Russian counterpart, Vladimir Putin, in various forms in a bid to lead their countries towards deeper comprehensive strategic coordination and practical cooperation in various fields. Xi made the remarks when exchanging New Year congratulations with Putin, adding that in […]
2021, a year that marks the beginning of China’s new five-year plan period and the 100th founding anniversary of the Communist Party of China (CPC), is knocking at the door. What are Chinese President Xi Jinping’s expectations for 2021, especially after the country’s hard-won achievements in 2020? Clues can be found in his New Year address. 2021: ‘Striving […]
The European Union and China on Wednesday approved “in principle” a major investment pact that Brussels hopes will open up lucrative opportunities, despite concerns about Beijing’s rights record. EU chiefs Ursula von der Leyen and Charles Michel agreed with China’s President Xi Jinping to wrap up seven years of painstaking negotiations during a video conference […]
Big investors added $11.5 billion in bitcoin over the previous three months. Analysts say that institutional investors, such as Paul Tudor Jones and Stanley Druckenmiller, have been driving bitcoin’s record run but that is just part of a boom the world is yet to see. We are slowly moving to Blockchain based platforms through Digitization […]
Most of us go through life trying to do our best at whatever we do, whether it’s our job, family, school or anything else. I feel that way. I try my best. But some time ago, I came to a realization that I wasn’t getting much better at the things I cared most about, whether it was being a husband or […]
Graphcore – maker of the Intelligence Processing Unit which is a new type of microprocessor specifically designed to support artificial intelligence workloads – announced today that it has raised $222 million in a Series E funding round that values the company at $2.77 billion post-money. The new investment will be used to support the company’s […]
TradeStation Securities, Inc. (“TradeStation”), a Monex Group company and award-winning* broker-dealer, today announced the results of the twenty-eighth Monex Global Retail Investor Survey. The survey, which gauges customer sentiment based on answers to specific questions from a random sampling of customers of Monex, Inc., TradeStation, and Monex Boom Securities (H.K.) Limited reveals high expectations for […]
AI, 5G, deep learning, and biomedical electronics are reshaping industries and experiences in the semiconductor industry. To address these key trends, the Industrial Technology Research Institute (ITRI) will host the 2021 International Symposia on VLSI Technology, Systems and Applications (VLSI-TSA) and Design, Automation and Test (VLSI-DAT) on April 19-22, 2021 at the Ambassador Hotel, Hsinchu, […]
What effect has the global COVID-19 had on the brand value of the world’s greatest cities? To discover this, an analytical report of the Global Top 500 Cities was compiled by Global City Lab and released on Dec. 28, 2020 in New York. The report declares New York to be the world’s most valuable city, with […]
TAL Education Group (NYSE:TAL) (“TAL” or the “Company”), a leading K-12 after-school tutoring services provider in China, today announced that a group of investors has agreed to invest an aggregate of $3.3 billion in the Company through private placement, of which $2.3 billion is in convertible notes (the “Convertible Notes Portion”), and $1 billion is […]
The $900 billion stimulus package aimed at bolstering the US economy during the coronavirus pandemic was signed into law by President Donald Trump on Sunday, freeing up the funds after a week of doubts. Here are the main points: – Households – The poorest households will receive a check of $600 per adult and per […]
Siamese Asset PCL (SET:SA) (SA.BK) is moving ahead to expand investment following its listing on the Stock Exchange of Thailand (SET), in a bid to become a leading integrated real estate developer in Thailand, fulfilling customer demand for residences and for long-term investment, and promoting continuous growth, despite the national economy in a slowdown mode. […]
The European Union gave the green light on Monday to its post-Brexit trade deal with the UK, clearing the way for it to come into effect in the New Year. The British parliament will have to ratify the deal later this week, but Brussels will apply it provisionally, cushioning the economic shock of the divorce. […]
Hitachi Capital (Thailand) Co., Ltd., a subsidiary of Hitachi Capital Corporation, Hitachi Asia (Thailand) Co., Ltd., a subsidiary of Hitachi, Ltd., and SANTEC POWER SOLUTIONS CO.,LTD. entered into Memorandum of Understanding (MOU). Three companies will encourage installation of the commercial solar self-consumption equipment within Hitachi Group in Kingdom of Thailand (Thailand), based on MOU. As […]
An innovation center and Beijing Future Design Park were inaugurated on Thursday in Beijing’s Zhangjiawan Design Town, as part of the city’s efforts to create a highland for cultural creativity and design services in its sub center. Now the innovation center is home to 106 companies in the fields of innovative design and urban technology […]
The world’s most competitive industrial parks are also the most inviting and readily predictable for tenants, according to a whitepaper released by Abu Dhabi Ports, a port operator that owns, manages and operates 11 ports and terminals in the UAE and Guinea. The whitepaper titled ‘Key considerations in industrial park selection – bringing predictability to […]
Vietnam on Sunday reported economic growth of 2.91 percent in 2020, the slowest rate in more than 30 years as the country battled the coronavirus pandemic. The communist state has long been among Asia’s fastest-growing economies, and the 2020 figure marked a sharp fall from last year’s GDP growth of seven percent. But Vietnam’s performance […]
China’s drive to open its futures markets to the outside world has gathered pace with an ultimate goal to serve the real economy amid the country’s efforts to seek high-quality development. China currently has seven kinds of commodity futures and options open to direct participation by international investors, after overseas investors were allowed to participate […]
$XAU #Gold #Commodities #FX #Trading #Markets #Affiliate Trade Smarter with Knightsbridge Live GoldTicker: XAU=Price: $1886.26 Gold News The Gold price is trading under pressure at the moment, as traders are taking profits near year end. The Gold price today continues to take a hit as US Q2 GDP came in stronger than expected although existing home […]
European businesses in China are hopeful of an EU-China investment deal by end of the year, the head of the European Chamber of Commerce in China said on Saturday, although Beijing has declined to commit to a deadline. The China-EU Comprehensive Agreement on Investment has been in the works for seven years, and is expected […]
#Crypto #Cryptocurrency #BTC #ETH #BCH #LTC #ADA #XRP #EOS In the past 2-3 sessions, there were mostly range moves in bitcoin price below USD 23,200. BTC remained well bid above the USD 22,500 and USD 22,200 support levels. The price is currently (05:00 UTC) consolidating, but it could start a fresh increase if it clears […]
Apple Co-founder Steve Wozniak’s New Ambition Kicks Off on HBTC Steve Wozniak, Apple’s co-founder, is dedicated to developing a new blockchain project called Efforce. With the purpose of funding energy-efficiency projects, Efforce launched its token WOZX on HBTC.com, a 100% Token Holder Owned Trading Platform. The cooperation between a high-tech team backed by Wozniak and […]
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China’s Ant group may have been dealt a setback with the shelving of its IPO but European banks remain wary that Chinese tech giants may soon be their main competitors. The European finance sector has in recent years seen the emergence of a large number of startups — called fintech — which have sought to […]
#Coronavirus #Vaccines G20 leaders said Sunday they will “spare no effort” to ensure fair distribution of coronavirus vaccines, but the united front was punctured by Germany’s Angela Merkel who said progress was too slow. At a virtual summit hosted by Saudi Arabia, the world’s richest nations pledged resources to shore up the pandemic response, and […]
#Coronavirus #Vaccination #vaccine The United States hopes to begin coronavirus vaccinations in early December, a top government health official said Sunday, the latest positive news to emerge even as cases surge across the worst-hit nation and elsewhere around the globe. The beginning of vaccinations could be a crucial shift in the battle against a virus […]
#Pfizer, #Moderna, #Novavax: executives at several American laboratories developing Covid-19 vaccines have recently pocketed millions of dollars by selling shares in their companies — raising questions about the propriety of such a move in the midst of a national health crisis. On the very day that pharmaceutical giant Pfizer announced preliminary data showing its vaccine […]
The EU parliament and member states struck a deal Tuesday to pass the bloc’s trillion-euro 2021-2027 budget, MEPs and diplomats said, unblocking another 750 billion euros in coronavirus recovery funds. The accord caps four months of intense wrangling over spending priorities agreed at a marathon leaders’ summit in July. “The agreement has been reached following […]
#Boeing $BA said Tuesday it was hit with another 12 cancelled orders for the 737 MAX, as the flagship aircraft is close to returning to the skies after being grounded since March 2019 following two deadly crashes. The American aviation giant, which has been battered by the MAX crisis as well as the fallout from […]
The Conference Board Employment Trends Index™ (ETI) increased in October, the sixth consecutive monthly increase since May. The index now stands at 97.57, up from 96.33 (revised) in September. However, the index is still down 11.1 percent from a year ago. “While the Employment Trends Index increased in October, this month marks the smallest increase […]
US markets appeared ready to welcome the possible election of Joe Biden, with futures for the major New York Stock Exchange indices rising on Sunday evening ahead of the week’s trading. At around 0015 GMT, futures contracts for December on the Dow Jones appreciated by 0.99 percent, on the Nasdaq by 1.28 percent and on […]
$RDS-B #RoyalDutchShell #Energy #Oil #Gas #NYSE #USA #Stocks Royal Dutch ShellTicker: NYSE:RDS-BPrice: $25.32Recommendation: Strong Buy Royal Dutch Shell News A Biden administration would look to re-enter the Paris Climate Agreement, an international pact negotiated during the Obama administration to fight global warming that Trump pulled away from saying it could hurt the U.S. economy. Biden […]
General Motors reported a jump in third-quarter earnings Thursday as the auto giant cited strong recoveries in the US and China following a big sales hit amid the coronavirus pandemic. GM scored a 72 percent increase in profit to $4.0 billion from the year-ago period on revenues of $35.5 billion, roughly flat compared with last […]
Chinese e-commerce leader Alibaba on Thursday reported solid 30 percent year-on-year revenue growth for the July-September quarter, providing some much-needed good news amid turmoil over its Ant Group affiliate’s abandoned IPO. Hangzhou-based Alibaba said revenue — a key measure of the internet giant’s business health as well as overall Chinese consumer spending — rose to […]
China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite. Global markets were stunned Tuesday when Ant’s record-breaking $34 billion IPO was abruptly shelved, frustrating investors eager for a piece of […]
#joebiden #election #china If you are looking where to invest in the likely event Joe Biden is given the US Election via some very sketchy mail in voting, you don’t need to look past his employer. China is the big winner in this years US Election, the trade war will end, Chinese stocks will be […]
Fintech giant Ant Group is facing growing Chinese pressure over potential risks in its online lending business, with co-founder Jack Ma and other executives summoned to an unusual meeting with regulators just ahead of its record-breaking IPO this week. The firm’s Alipay platform has helped revolutionise commerce and personal finance in China, with consumers using […]
Seventy-three percent of all health care organizations surveyed expect to increase their AI funding in 2020. Making processes more efficient (34%) is the top outcome health care organizations are trying to achieve with AI. Health care organizations reported their top AI risk concern is the cost of the technologies (36%). Why this mattersWhile the pandemic […]
US consumers were feeling less confident in October, a survey said on Tuesday, as rising coronavirus cases and a lack of economic stimulus clouded the forecast for the months ahead. The Conference Board’s Confidence Index was at 100.9 this month, below expectations for it to increase further after it jumped to a downwardly revised 101.3 […]
Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched an AED500 million economic stimulus package to support various […]
$COKE #COKE The Coca-Cola Company said Thursday it was shaking up its product mix as part of an effort to revive sales which have been slumping during the coronavirus pandemic. The soft drink giant reported third-quarter sales down nine percent from a year ago to $8.7 billion, while profits tumbled 33 percent to $1.7 billion. […]
New claims for US jobless benefits fell to 787,000 last week, the Labor Department said Thursday, dropping below 800,000 for only the second time since the pandemic started. The big improvement came as new applications fell 55,000, seasonally adjusted, in the week ended October 17, and total claims in the previous week were revised down […]
$PYPL #USA #Paypal #NASDAQ #Stocks #Markets #Cryptocurrency PayPalPrice: $213.07 Company News PayPal Holdings (PYPL), Shayne Heffernan recommended on July 17th, on Wednesday joined digital payments rival Square (SQ) in allowing customers to buy, sell and hold Bitcoins. PayPal stock climbed on the launch of its cryptocurrency service, moving into a buy zone, while Square stock fell. San Jose, […]
With the clock fast counting down, key US policymakers were set to meet later Tuesday in what could be the final round of talks before time runs out to approve a rescue package ahead of the November 3 election. Economists say the coronavirus-ravaged US economy has held up well because of the massive injection of […]
#Cathay Pacific $0293 is to slash up to 5,900 jobs and shutter its Cathay Dragon subsidiary, the Hong Kong carrier said Wednesday, joining a growing list of airlines making swingeing cuts as they reel from the coronavirus pandemic. Across the globe, airlines have been hammered by the pandemic slashing international travel and they face a […]