Most recent economic data from the United Kingdom showed slowing growth for the dominant services sector last month which has made analysts predict a double-dip recession for the British economy this winter. A recovery over the summer stalled in October… Read More ›
Day: November 4, 2020
Analysis Firm Claims $1 Billion Worth Of Bitcoin Linked To Silk Road Black Market Is Moving
A London-based blockchain analysis firm Elliptic has claimed that almost $1 billion worth of bitcoin tha have possible links with the Silk Road online black market is on the move. In 2013, the United States authorities closed down Silk Road… Read More ›
Flydubai eyes direct flights between Dubai & Tel Aviv from Nov. 26
On Wednesday, in a statement United Arab Emirates airline flydubai stated, it will soon start two direct fights between Dubai and Tel Aviv. The development comes in the wake of the UAE establishing historically important formal ties with Israel, including… Read More ›
S&P 500 futures soar with Donald Trump leading in key swings states
Early on Wednesday, U.S. stock futures jumped with U.S. President Donald Trump leading his Democratic rival Joe Biden in Florida and in other crucial swing states, which play a pivotal and deciding role in the election. Extending its rally on… Read More ›
U.S. Congress notified of aerial drones sales worth $5 billion to Taiwan
In a statement, the Pentagon said, it has formally notified the U.S. Congress of impending sales of four sophisticated U.S.-made aerial drones to Taiwan. The notification is the step before finalizing the sale of weapons to other countries. Washington expects… Read More ›
Subaru raises profit outlook on renewed vigor in U.S. auto sales
On Wednesday, Subaru Corp raised its operating profit outlook by more than $1.05 billion following a more than expected rebounce in U.S. vehicle sale. Like its peers, Subaru, had to shutter its U.S. plants earlier this year because of the… Read More ›
Chinese regulators abruptly suspend Ant Group’s dual IPO listing
In a significant development, Chinese Ant Group’s record $37 billion initial public offering has been suspended with Chinese regulators describing the move as reasonable and necessary. The suspension was just days before its dual debuts in Hong Kong and in… Read More ›