Author Archives
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Square’s Purchase Of Bitcoin Worth $170M Pushes It Over $50,000 Again
With the announcement by Square of it purchasing $170 million worth of the crypto currency bitcoin, the price of the largest crypto currency of the world in terms of market capitalization surged again, after a few days of dropping, and… Read More ›
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EU Request For More Time For Ratification Of Brexit Deal Allowed By UK
The request of the European Union to postpone the ratification of their post-Brexit trade deal by a month was agreed to by the United Kingdom. This move however added on to the existing uncertainty into what is already a very… Read More ›
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With Investors Nervous Of Sky-High Price, Bitcoin’s Value Continues To Plunge
With investors getting jittery about the astronomical price that the crypto currency bitcoin had attained in recent times, the value of the virtual currency sunk as much as 17 per cent on Tuesday. According to analysts, the drop came as… Read More ›
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Tesla’s $1,5bn Bitcoin Investment Gave It A Profit Of About $1bn: Analyst
The investment in the crypto currency bitcoin made recently by the United States based electric car maker Tesla has given the company a paper profit of about $1 billion, said Daniel Ives, analyst at Wedbush Securities. In a note published… Read More ›
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McDonald’s To Achieve Gender Parity In Leadership Roles By 2030
With the aim of enhancing diversity at the workplace, the fats food chain McDonald’s has set a target of achieving equality in terms of number of men and women in leadership roles at the company. Additionally, over the next four… Read More ›
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Study Claims A Billion Doses Excess Covid-19 Vaccine Doses Being Hoarded By Rich Countries
According to a new study, one billion more doses of the available Covid-19 vaccines than their citizens need have been purchased by the richest countries of the world which would mean that people from poorer countries will probably not be… Read More ›
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Paris Agreement Officially Rejoined By The US
The Paris Agreement on climate change has not formally been rejoined by the United States. The agreement was formed to tackle the problem of global warming so that the potentially catastrophic impacts of it can be avoided. According to the… Read More ›
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Cease-Fire In Transatlantic Trade War Was Urged By Airbus CEO
An urgent call for a “cease-fire” in the on-going trade spat between the European Union and the United States over aircraft subsidies was given by the head of European plane maker Airbus on Saturday. The company said that the damage… Read More ›
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Bitcoin Touches New Record High As Its Market Cap Surges Past $1 Trillion
Investors in bitcoin apparently unheeded warnings by analysts that the crypto currency is an “economic side show” and is a poor hedge for the drop in stock prices as the market capitalization of the virtual currency hit a value of… Read More ›
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Despite Manufacturing Growth, Business Activity Of Euro Zone Dips Again In February
There was a slight improvement in European business activity in February even though the economy continued to contract with the Covid-19 pandemic still forcing governments to impose social restrictions, showed preliminary data that was released on Friday. The Covid-19 pandemic… Read More ›
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