Category: Finance Tech

December 3, 2021

Stocks were mostly higher in Europe and Asia after a broad rally on Wall Street as investors awaited U.S. employment and other data due out Friday. Concerns over the spread of the new coronavirus variant and measures governments are taking […]

December 2, 2021

World’s largest cryptocurrency Bitcoin was trading marginally lower today. The price of Bitcoin fell 0.80% to $56,600 on Coinmarketcap. Market cap of the cryptocurrency stood at $1,070 billion. Currently, the global crypto market cap stands at $2.60 trillion, a loss […]

December 1, 2021

Al Kelly believes there has been a permanent shift in how consumers worldwide pay for goods and services. His 91-year-old parents are a prime example. The CEO of payments processing giant Visa recently visited his mother just after she’d finished […]

November 30, 2021

The strong rally in EUR/GBP that has lifted it from a low of 0.8380 on November 22 to its current level close to 0.85 is under threat, principally on evidence that the Omicron variant of Covid-19 is more contagious and […]

November 29, 2021

France stocks were higher after the close on Monday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher. At the close in Paris, the CAC 40 added 0.54%, while the SBF 120 […]

November 29, 2021

European shares rose on Monday after their worst selloff in more than a year as investors awaited clues on whether the Omicron variant of coronavirus would hamper economic recoveries and monetary tightening plans by central banks. The pan-European STOXX 600 […]

November 24, 2021

Third Point, the hedge fund of billionaire investor Daniel Loeb, scored a $300 million gain from electric-vehicle startup Rivian’s blockbuster IPO earlier this month, according to the Financial Times. The FT reported that Third Point, which has $20 billion under […]

November 24, 2021

The precious metal has been on the wrong side of a large move in recent days as it struggles to halt mass selling which began on November 22nd after it was confirmed that the more ‘hawkish’ of the two main […]

November 23, 2021

European stocks are likely to open lower on Tuesday as inflation and rate-hike concerns dominate headlines. Doubts about whether the Bank of England will raise interest rates in December and concerns over the spread of Covid-19 in Europe may also […]

November 19, 2021

Despite weathering several constraints related to the COVID-19 pandemic, indeed perhaps because of them, the footwear industry is in a reshaping mode, thanks to expanded digital platforms, rising consumer spending, and pent-up demand. However, to us the sneaker giant Nike […]