The Dollar edged higher on Wednesday morning in Europe, with investors remaining cautious ahead of event risks for the week. This includes a U.K. central bank meeting …
The euro zone economy will suffer a record 7.7% contraction due to the coronavirus pandemic. Inflation will likely almost disappear, while budget deficits and public debt will …
The Japanese yen climbed to a three-year peak against the euro and a seven-week high against the dollar on Wednesday amid a rocky global economic recovery. The …
Cryptocurrency mining is a modern tool for using excess electricity. This is stated in the clarification of the Ministry of Energy of Ukraine regarding the recent order …
Global shares floundered while the yen rose on Wednesday as markets in China struggled in regaining momentum after a long holiday. Dampened market mood could be attributed …
The capitalization of Robinhood, a mobile app for trading stocks and cryptocurrencies, reached $8.3 billion after a Series F funding round led by Sequoia Capital. The …
Asian stocks gained on Tuesday, while oil prices rose amid recovering demand as governments worldwide eased lockdowns. Brent crude traded at $28.37 per barrel, while U.S. crude …
Oil prices gained on Tuesday after fuel demand turned positive as lockdowns began to ease in some parts of the world. West Texas Intermediate crude futures were …
The U.S. Securities and Exchange Commission (SEC) pledged to ease crowdfunding requirements on Thursday. The policy will support smaller businesses in pursuit of meeting their “urgent funding …
The dollar surrendered minimal gains to commodity prices on Tuesday as oil prices regained momentum. However, it hung on against the yuan as investors weighed optimism about …
The investors of flag carrier Norwegian Air (NWC.OL) backed its rescue plan with more than 95% of shareholders voted in favor of the conversion of nearly $1 …
More than 150 developers creating Ethereum-based blockchain projects have already received grants of $25 million since the beginning of the year. According to research by analyst Stephen …
European stock markets and oil prices dropped on Monday as trade war fears re-ignited after a spat between U.S.’ and China’s top officials. European shares were down …
The dollar surged on Monday against major currencies due to fears of a possible re-ignition of the U.S.-China trade war. President Donald Trump and Secretary of State …
Oil prices underperformed in the early trading session on Monday. Weak trading activity was mainly from investors’ dampened sentiment that the oil dispute between the United States …
The Egyptian government announced on Sunday that it will permit hotels to resume operations for local tourists as long as they operate close to 25% capacity until …
The Mopani Copper Mines (MCM), a Glencore’s (GLNCY) Zambian subsidiary, announced on Sunday that it will continue its mining activities for 90 days. However, the company will …
The Capital Market and Technology Association (CMTA) has issued common industry standards for companies providing custody services for digital assets. CMTA Secretary-General Fedor Poskriakov said that the document was the first …
The dollar bounced on Thursday as the U.S. Federal Reserve said it might reveal more monetary easing, cutting expectations of a quick economic recovery. The dollar fell …
Oil prices rose on Thursday as demand is starting to recover and the U.S. crude glut is not growing as fast as anticipated. West Texas Intermediate crude …
Japan’s Nintendo Co Ltd is posed to rally further, sustaining its decade-high earnings streak. The positive record is expected next week as sales of the recently-released gaming …
Russia’s manufacturing activity plunged to a record low in April as factories halted operations in a measure to counter the COVID-19 pandemic, a business survey revealed on …
Japan’s tech conglomerate SoftBank Group Corp said it sees a loss of nearly ¥700 billion ($6.6 billion) by the end of March on its WeWork investment outside …
Asian shares tallied a seven-week high record on Thursday, with earnings supported by positive results of a coronavirus vaccine trial. However, bonds and currencies traded cautiously ahead …
The European Central Bank (ECB) is exploring the possibility of introducing a “digital euro” but calls not to forget about other instant payment systems. Fabio Panetta, Member …
According to an Austrian representative, the Chancellor of Austria Sebastian Kurz and the Chief Executive Officer of Lufthansa Carsten Spohr will meet in Vienna on Wednesday to …
