World news

Is US FED Also Slipping Into a Liquidity Trap Like the Bank of Japan...

Source: Freedomz, Shutterstock Summary Federal Reserve (Fed) could be getting into a liquidity trap Fed Chairman, Jerome Powell said last week...

4 Drone Stocks From Across The World To Watch In 2021

wing article details four drone companies working across the breadth of the industry. Drone technology has advanced to the point that serious con...

Is Nokia Due For A Comeback In 2021?

Source: Arnold O. A. Pinto, Shutterstock Summary Nokia was once a leading technology company that has largely fallen from favour. However,...

FedEx Q3 Income Soars 153% As E-Commerce Deliveries Surge

Source: Carlos Yudica, Shutterstock Summary FedEx stocks jumped nearly 133 percent over the past year as the company’s profits grew. Its...

Coinbase Pays US$6.5 Mn Penalty Over False Data Amid IPO Talks

leading data potentially inflated the volume of its digital assets, it noted. Coinbase Global Inc., the world’s largest crypto exchange, ha...

Elon Musk Says Tesla May Be Shut Down If Its Cars Spied In China

Source: canadianPhotographer56, Shutterstock Summary Military restricted the use of Tesla cars on military compounds over security concerns. Ba...

China's Geely To Launch Premium EV brand To Take On Tesla

Source: Mike Flippo, Shutterstock Summary Geely to roll out premium EV brand Zeekr to compete with Tesla and others. The company to shun dealer...

WhatsApp, Instagram, Messenger Resume After Brief Global Outage

Source: Rawpixel.com, Shutterstock WhatsApp, Facebook Messenger, and Instagram suffered a brief global outage on Friday, leading to many users resort...

US Stocks Notch Modest Weekly Loss As Bond Yield Retreats

Source: jo.pix, Shutterstock Summary S&P 500 dropped 0.06%, Dow Jones fell 0.71%, and NASDAQ gained 0.76%. Google to spend US$7 billion on...

China Leading The World In Wind Energy Market

i> Total worldwide wind-energy capacity is set to touch 1000 Gigawatts by 2024. Wind farms were one of the most popular renewable energy project...

GameStop Quarterly Earnings Report Due. What Is Next For The Meme St...

Source: rarrarorro ,Shutterstock Summary GameStop stock has fallen 23.8% since the close of last week Friday’s market session. The g...

US Stocks Tumble Amid Supply Chain Woes, Bond Rally

Source: Creative Stock Studio Shutterstock Summary S&P 500 rose 0.29%, Dow Jones was up 0.58%, and NASDAQ gained 0.40%. HSBC to sell i...

EU Drug Regulator Rules Astra Vaccine Safe After Blood Clot Fears

Source: Juan Roballo, Shutterstock Summary EU drug regulator EMA has ruled the AstraZeneca vaccine safe for use. Several countries, includ...

Fintech player SumUp raises capital worth €750m to fund global expan...

Source: Olena Yakobchuk, Shutterstock Summary London-based SumUp has raised a debt of €750 million from existing and new investors. Goldma...

NHTSA To Investigate Another Tesla Crash Involving Autopilot

Source: TierneyMJ, Shutterstock Summary The US National Highway Traffic Safety Administration has formed a special crash investigation team to i...

US Banks’ Increasing Exposure To Chinese Market

Source: Mike Flippo ,Shutterstock Summary The Chinese Market is increasingly alluring the world biggest banks. The US and European banks ar...

Carbon Neutral Goal Setting By Multinational Brands

Source: PH.MarkoStanojevic ,Shutterstock Several big multinational brands have announced plans to transform their businesses and go carbon neutr...

How oil trader Vitol cashed in on 2020 oil glut to score record prof...

Source: Oil and Gas Photographer, Shutterstock Summary Commodity trading behemoth Vitol has registered a record profit in 2020. Most of th...

Luxury Retail Stocks Paying Off In 2021

Source: Mihai_Andritoiu, Shutterstock Summary Luxury retailers have performed surprisingly well over the past year and a half, attracting c...

US Markets End Higher After Fed Statement, Stocks Trim Losses

can Airlines Group secures $10 billion loan to pay-off its government debts. US stocks edged higher on Wednesday after the Federal Reserve highli...