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Tag: COVID-19


Finance Tech, Trading

European Shares May Follow Asian Peers Higher In Cautious Trade

November 29, 2022

Via: Markets Insider

European stocks are likely to open on a steady note Tuesday after China reported a drop in the number of daily infections for the first time in more than a week and the country’s regulator announced new measures to support […]


Editorial

Can Mounting Tensions with China Impact Economic Recovery?

August 31, 2022

Via: Natalie Dunn

After more than two and a half years of dealing with a pandemic, economic recovery is fundamental to every government’s agenda. One of the lasting effects of the COVID-19 pandemic is undoubtedly inflation, and Russia’s war in Ukraine is complicating […]


Industries, Others

No Government Money, No Problem for Moderna and Pfizer

June 27, 2022

Via: The Wall Street Journal

A Food and Drug Administration committee will meet Tuesday to discuss how to move forward with the next generation of vaccines ahead of a booster campaign this fall. Paying for them is another matter. Congress has so far failed to […]


Editorial

Recession Fears Are on the Rise as Economic Risks Are Multiplying

June 22, 2022

Via: Natalie Dunn

There’s no question that the recent COVID-19 pandemic and Russia’s war on Ukraine have combined to disrupt the global economy. In fact, economic risks are multiplying all over the world as the geopolitical crisis continues, and investments are blocked by […]


Industries, Others

Wizz Air reports financial loss but says it is trying to minimise travel disruption

June 8, 2022

Via: Sky News

Airlines in the UK and across Europe have been struggling to keep up with demand as travel returns to normal for many holiday destinations for the first time since the beginning of the COVID-19 pandemic and prices have shown “low […]


Editorial

Fighting inflation during a geopolitical crisis

May 24, 2022

Via: Natalie Dunn

The US economy has faced numerous problems during the last two and a half years—from a pandemic, to rising inflation during a new geopolitical crisis. With Vladimir Putin’s Russia launching an unjust war in Ukraine, and no end to that […]


Industries, Retail & Wholesale

Under Armour profit to take hit from higher costs, China curbs; shares tank

May 6, 2022

Via: Investing.com

Under Armour Inc forecast full-year profit below estimates on Friday, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed COVID-19 curbs in China. Shares of Under Armour (NYSE:UA) tumbled over 21% in […]


News

China GDP Rises More Than Expected In Q1

April 18, 2022

Via: Markets Insider

China’s economy expanded more than expected in the first quarter, data from the National Bureau of Statistics revealed on Monday. Gross domestic product grew at a pace of 4.8 percent on a yearly basis in the first quarter. This was […]


Finance Tech, Trading

Hong Kong, Shanghai shares sink as virus trumps strong data

March 15, 2022

Via: ABC News

Stocks are ticking higher on Wall Street Tuesday as inflation worries ebb a bit and oil prices slide. The S&P 500 was 0.4% higher in early trading after a report showed inflation’s rapid acceleration took a pause at the wholesale […]


Editorial

How Tensions With Russia Will Impact the Global Economy

February 22, 2022

Via: Natalie Dunn

More than two years have passed since the beginning of the COVID-19 pandemic, and this unprecedented healthcare crisis went on to change the way people live, work and spend their free time. Moreover, the crisis quickly escalated to disrupt numerous […]


News

US Posts First Monthly Budget Surplus in More Than 2 Years

February 11, 2022

Via: Equities News

The Treasury Department announced Thursday that the US posted a $119 billion budget surplus in January. It’s the first such surplus that the US government has enjoyed in more than two years, on the back of higher tax receipts and […]


Finance Tech, Liquidity

British Pound Breaking News: GBP/USD Indifferent After PMI Miss

January 24, 2022

Via: DailyFX

After a poor showing on the services front since late October last year due to COVID-19 restrictions around the Omicron variant, PMI’s have extended their decline across the board (see calendar below). Both manufacturing and services have come short reflecting […]


News

Omicron leaves Germany on brink of recession as growth dips

January 14, 2022

Via: ABC News

The risk of recession is looming for Germany after Europe’s biggest economy shrank at the end of 2021 and as it faces a bumpy start to this year, with the rapid spread of COVID-19’s omicron variant deterring people from shopping […]


Energy, Industries

Oil mixed as halted flights weigh and Omicron optimism supports

December 27, 2021

Via: Investing.com

U.S. oil fell on Monday after airlines cancelled thousands of flights over the Christmas holidays amid surging COVID-19 cases, though Brent crude gained support from hopes that the Omicron variant will have limited impact on global demand. More than 1,300 […]


Finance Tech, Liquidity

Gold Price Currently Lacks Any Meaningful Conviction, Volatility Lies Elsewhere

December 7, 2021

Via: DailyFX

The latest data on Omicron suggest is not as dangerous as the delta covid-19 variant, according to White House chief medical advise Dr. Anthony Fauci. According to Dr. Fauci, the preliminary data is ‘encouraging’ although more data is needed to […]


Editorial

Top Economic Risks in 2022

November 30, 2021

Via: Natalie Dunn

Almost two years have passed since the beginning of the COVID-19 pandemic that took the world by storm. With vaccines and treatments now widely available, many are expecting the world economy to finally return to normal in 2022. However, economists […]


Finance Tech, Trading

European Shares Seen Lower Amid Rate-hike Uncertainty

November 23, 2021

Via: Markets Insider

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 […]


Enterprise, Industries

Zoom Shares Skid as Sales Growth Slows

November 22, 2021

Via: The Wall Street Journal

Zoom Video Communications Inc. sales growth slowed last quarter as the extra demand for remote work and the company’s videoconferencing application eased, along with a pullback in the Covid-19 pandemic. The San Jose, Calif.-based company said its sales rose 35% […]


Finance Tech, Trading

Forget Nike, Buy These 3 Footwear Stocks Instead

November 19, 2021

Via: Investing.com

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 […]


Finance Tech, Mobile Banking & Payments

Payments heads toward record venture funding year: CB Insights

November 5, 2021

Via: Payments Dive

Digital payments companies have been transforming the financial industry in recent years as companies and consumers sought easier, faster payment methods. The COVID-19 pandemic supercharged the trend as companies and consumers increased their use of such tools from home offices […]