The bargain hunters ventured out in frigid temperatures to buy Christmas presents at Black Friday only to discover that a lot of U.S. retailers were offering lower price discounts this year due to the tight supply. COVID concerns and less… Read More ›
Month: November 2021
New Virus Variant Being Monitored By OPEC+ Amid Concerns Of Outlook – Reports
OPEC+ is monitoring developments regarding the coronavirus variant that is emerging according to sources on Friday. Some have expressed concerns that it could alter the outlook for oil markets less than a week prior to the next meeting to decide… Read More ›
Bitcoin Officially Enters Bear Market Territory Due To Concerns Over New Variant
Bitcoin, along with other cryptocurrnecies dropped in value sharply as the largest digital currency of the world in terms of market capitalization touched a seven-week low and officially entered the bear market territory. According to Coin Metrics data, there was… Read More ›
The Rich – Who Got Richer S=During The Pandemic, Driving Boom In Private Jet Sector
The demand for private jets is so high that manufacturers can’t keep up with demand, and purchasers are suffering lengthy delivery delays. Even used business aircraft are rapidly disappearing from the market. “If you look at today compared to 2019,… Read More ›
Fertiliser Shortage Threatens Food Crisis For The Poorest
According to the CEO of a large fertiliser company, a global lack of fertilisers is pushing up food costs and putting poorer nations in jeopardy. Higher gas prices, according to Svein Tore Holsether, CEO of Yara International, are driving up… Read More ›
Japanese Companies Urged By PM Kishida To Raise Wages By 3 per cent Or More
Japanese Premier Fumio Kishida on Friday urged firms whose profits have returned back to pre-pandemic levels to boost wages at least 3 per cent during their labor talks in the spring of next year, with the aim to build a… Read More ›
New South African Coronavirus Variant Prompts Alarmed Europe And Asia To Tighten Borders
Global authorities expressed alarm on Friday over a brand new coronavirus variant that was detected within South Africa, with the EU, Britain and India among the countries that announced tighter frontier controls. Scientists were trying to determine whether the mutation… Read More ›
Fears Of New Coronavirus Variant Pushes Bitcoin Into Bear Market Territory
On Friday, bitcoin plunged along with other assets, reaching a seven-week low and officially entering bear market territory. According to Coin Metrics statistics, the world’s largest cryptocurrency has dropped 7% in the previous 24 hours to $54,572. Bitcoin fell to… Read More ›
OPEC+ Unmoved As China Remains Non-Committal So Far To Washington’s Call For Reserve Oil Release
According to reports quoting three sources in the oil cartel OPEC, China, the world’s largest crude oil importer, was unsure if it would release oil from its reserves as demanded by the United States, and OPEC producers were not considering… Read More ›
Congo, Rich In Cobalt Deposits, To Promote Its Domestic Battery Making Industry
With the aim of gaining more benefits from its exports of minerals such as cobalt and copper, the Democratic Republic of Congo has developed plans for focusing on developing a domestic industry to manufacture battery capacity, said the country’s government… Read More ›