Mars Landing, Kitty Goes To Washington And Auctioning Digital Art
It’s been a week of wild weather for regions across the globe — from snow in Jerusalem to a deep freeze in Texas.…
Category: World
Indonesian Capital Slammed By Monsoon Floods, More Than 1,000 Forced To Evacuate
Severe flooding across several areas in the Indonesian capital forced more than a thousand people to flee their homes on…
Brazil’s Bolsonaro To Oust Petrobras CEO After Fuel Pricing Spat
Brazilian President Jair Bolsonaro moved to replace the head of state-run oil company Petrobras, naming a retired army general with…
New York City Tax Agency Subpoenaed In Trump Criminal Probe
The Manhattan District Attorney’s Office has subpoenaed a New York City property tax agency as part of a criminal investigation…
Texas Storm May Cost Insurers Record First-Quarter Losses – A.M. Best
Insurers could suffer record first-quarter catastrophe losses after the historic Texas winter storm, which crippled the state’s electrical grid and…
Bitcoin, Ether Hit Fresh Highs
Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalisation cross…
UK Economy Shows Signs Of Stabilisation After New Lockdown Hit
Britain’s economy has stabilised after a new COVID-19 lockdown last month hit retailers, and business and consumers are hopeful the…
JPMorgan Says Two Factors Could Drive Up Oil Prices By Another $5 To $10 Per Barrel
JPMorgan says crude prices could see further upside ahead as oil continues to see strong gains so far this year.…
Sterling Soars Close To 3-Year High Above $1.40
The British pound soared above $1.40 on Friday for the first time in almost three years, propelled by a vaccination…
Oil Extends Losses As Texas Prepares To Ramp Up Output
Oil prices fell from recent highs for a second day on Friday as Texas energy firms began to prepare for…
Bitcoin Climbs Above $52,000 As Musk Backs Crypto Over Cash
Billionaire Elon Musk defended Tesla Inc.’s $1.5 billion Bitcoin investment on Twitter, calling the cryptocurrency a “less dumb” version of…
Dollar Slips Further After Disappointing Jobs Data, Sterling Shines
The U.S. dollar slipped further on Friday and the euro rebounded after disappointing U.S. data dented optimism for a speedy…
Bitcoin Price Prints New High Above $52.5k, Will BTC/USD Reach $100k?
The Bitcoin price is steady at the time of writing on Feb 19. The world’s most valuable digital asset is now trading…
Chief Executive Of Japan’s Honda To Step Down, Hand Reins To R&D Chief
Japan’s second-biggest automaker by sales, Honda Motor Co, said on Friday its chief executive, Takahiro Hachigo, would step down and…
UK Court Blocks Release Of HSBC Papers In Huawei CFO Fraud Case
A British judge on Friday blocked the release of internal HSBC documents relating to U.S. fraud allegations against Huawei Chief…
Traders Rush To Supply Fuel To The U.S. As Texas Freeze Bites
Massive refining outages in the U.S. state of Texas due to freezing weather has led to a flurry of fuel…
Bitcoin Steams To New Record And Nears $1 Trillion Market Cap
Bitcoin hit yet another record high on Friday, and moved within sight of a market capitalisation of $1 trillion, blithely…
Global Stocks Mostly Fall Amid Angst At Inflation Risk
Global stock markets mostly fell Wednesday, with investors worried about high-flying share prices and the potential for inflation to spiral.…
European Shares Rise On Upbeat Hermes Earnings; Renault Slides
European shares edged higher on Friday as an upbeat earnings report from Hermes boosted confidence in a broader economic recovery,…
UK Retail Sales Slump In New Lockdown, Borrowing Less Than Expected
British retail sales tumbled in January as non-essential shops went back into lockdown, official data showed, but lower-than-expected public borrowing…
Renault Clings To Turnaround After Record $9.7 Billion Loss
Renault said on Friday that margins and sales had begun to recover in the second half of 2020 as it…
Central Bank ‘Punch Bowl’ Still Brimming For Markets
Central bank support for pandemic-hit economies looks to endure well past the recovery in output, leaving investors little option but…
Bears Maintain Dominance On NSE, Market Drops Further By N15Bn
The bears maintained leadership on the Nigerian Stock Exchange (NSE) on Wednesday with investors losing N15 billion due to persistent…
Texas Clamps Down On Out-Of-State Gas Sales Amid Shortages
Texas is restricting the flow of natural gas across state lines in an extraordinary move that some are calling a…
Apple lobbies For India Incentives As It Plans IPad Assembly
Apple Inc is angling to participate in a new scheme to boost India’s exports of computer products, part of what…
Texas Energy Freeze Stretches To Sixth Day, Raises Mexico’s Ire
Texas’s freeze entered a sixth day on Thursday, as the largest energy-producing state in the United States grappled with massive…
Credit Suisse Targets Lending Volume After Better-Than-Expected Fourth-Quarter Loss
Credit Suisse on Thursday said it plans to up lending volume and capitalise on a boom in share listings, to…
Barclays Resumes Dividend Payouts As Annual Profit Halves
Barclays has resumed shareholder payouts after a year-long hiatus due to the COVID-19 pandemic, setting expectations other British lenders will…
Yuan Hits 2-1/2 Year High On China Inflows
(AFP) HONG KONG: Vaccine rollouts and economic recovery expectations drove the reflation trade further in Asia. Japan’s Nikkei 225 index leapt…
Bitcoin Soars To New High Above $52,000; Sustainability Concerns Rise
Bitcoin surged to yet another record high on Wednesday, a day after the virtual currency vaulted to the $50,000 hurdle,…