After surging past the $30,000 mark last week, crypto currency bitcoin’s value went above the $34,000 mark for the first time on Sunday with greater interest of investors in the digital currency and continued trading of the virtual currency. With… Read More ›
Day: January 4, 2021
Private Survey Finds Slowdown In Pace Of China’s December Factory Activity Growth
Factory activity in China in the month of December increased, sustaining its recovery form the pandemic to pre-pandemic levels but the pace of growth slowed down because of cost pressures, showed a business survey published Monday. The Caixin/Markit Manufacturing Purchasing… Read More ›
Casino operator MGM Resorts makes $11 billion takeover offer for Entain Plc
On Monday, in a statement Entain Plc said, it has received a $11 billion bid proposal from U.S. casino operator MGM Resorts which significantly undervalued its business. In this latest transatlantic move which sees consolidation in the sector MGM Resorts’… Read More ›
State of emergency possible in Tokyo and in three surrounding prefectures: Fuji TV
With coronavirus-induced COVID-19 cases rising sharply in Japan and weighing down its medical system, Japan is considering declaring a state of emergency for Tokyo and three surrounding prefectures as early as this week, reported Fuji TV on Monday. On December… Read More ›
Scotland to enter national lockdown
On Monday Scotland will enter another national lockdown which is likely to last until spring, reported The Times newspaper. In a statement Scottish government leader Nicola Sturgeon had said her cabinet is scheduled to meet on Monday to discuss potential… Read More ›
Carl Icahn sells more than 50% stake in Herbalife Nutrition Ltd for $600 million
According to a report from the Wall Street Journal, billionaire activist investor Carl Icahn has sold more than 50% of his stake in Herbalife Nutrition Ltd for $600 million; he now plans on giving up the five seats held by… Read More ›