U.S. stock indices
The US Treasury Secretary Janet Yellen, who called for additional stimulus measures, supported the shares of sectors, which are sensitive to the situation in the economy. Yellen spoke in support of the $1.9 trillion stimulus packa...
Walmart and Q4 earnings
Walmart shares fell on Thursday after the company reported lower revenues and profits than analysts' estimates, and gave a forecast of lower sales and profits due to rising wages and capital expenditure on the e-commerce...
Risky business
Virtually inexhaustible investor demand for even the riskiest corporate debt is allowing struggling companies in the U.S. to raise funds at rates so low that previously only highly-rated borrowers could a...
Electric cars
The US House of Representatives intends to restore incentives for buyers of electric cars, which could significantly boost sales of manufacturers such as Tesla, GM, Ford and others. The new bill requi...
Smart watch
Facebook is developing a smartwatch, reportedly to be able to be used as a standalone talking device and will initially come with Google's Android OS.
Facebook (FB) is in the process of developing a smartwatch that will be a competitor ...
Negotiations terminated
Apple has failed to secure a partnership with either Hyundai or Nissan to create an Apple-branded autonomous electric car, according to responses from company offici...
Mistake by Google
Google has been fined 1.1 million euros in France for mistakenly ranking hotels, according to a communique from the French competition, consumption and anti-fraud directorate-general (DGCCRF) of the Ministry of Economy.
"An invest...
Oil rises in value
Oil prices are rising steadily amid rising tensions in the Middle East. The Saudi-led coalition at the weekend announced it had intercepted an explosives-laden drone launched by the Husis towards Abha airport in south-western Saud...
Cryptocurrency regulation
The adoption of bitcoin by big companies requires clear regulations to be implemented as soon as possible, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce told Reuters in an interview.
In her view, a...
New electric cars from GM
GM on Sunday unveiled the redesigned Chevrolet Bolt EV 2022 and the larger, new Chevrolet Bolt EUV crossover with Super Cruise autopilot system. GM aims to reach its target of 30 electric vehicles over t...
Prisoners need a vaccine too
Governor Andrew Cuomo received two letters, the first from the Legal Aid Society, Brooklyn Defender Services, New York County Defender Services and other pro bono legal a...
Restaurateurs have been given hope
It won't be long before, as Governor Andrew Cuomo said, it will be possible to serve diners on the premises of establishments, which were banned last December to prevent the spread of the coronavirus.
The number o...
Deutsche Bank and cryptocurrency service
Financial conglomerate Deutsche Bank plans to launch a cryptocurrency custodial service aimed at large investors. This follows a December 2020 World Economic Forum (WEF) report.
The document states that Deut...
Gina Carano's own film
Gina Carano, star of The Mandalorian, whose contract was terminated by Lucasfilm due to her social media posts, has announced that she is developing a new film to be ...
Replacing plastic bottles with paper bottles
Coca-Cola intends to sell its first paper-bottled beverage this summer, according to a company press release.
It says the "innovative packaging format" will be tested in Hungary and will sell t...
Scottish exports
Scotch whisky exports fell 23% to 3.8bn pounds in 2020, the lowest in 10 years, due to the coronavirus pandemic and US duties.
According to the Scotch Whisky Association, the value of exports to the US, the largest intern...
Derivatives trading
Latin America's largest cryptocurrency exchange, Bitso, announced the acquisition of European crypto derivatives platform Quedex.
Quedex, like Bitso, is licensed by the Gibraltar...
Nvidia wants to buy Arm
US chipmaker Qualcomm has expressed its opposition to a possible acquisition of Arm by Nvidia, which last September said it was prepared to pay $40 billion ...
PayPal shares and targets
Shares in PayPal rose after the company announced plans to launch new financial services on its platform over the next two years, in particular stock trading and the creation of "high-yield savings ...
Japanese markets
Japan's Nikkei stock index fell on Friday, interrupting a four-day rally that lifted its value to a high of more than 30 years.
The Nikkei closed down 0.14 per cent to 29,520.07 points. The broader Topix index added 0.16% to 1,933....
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