Author Archives
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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 ›
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Straight Third Quarterly Loss Reported By Exxon In The Third Quarter
Measures much deeper cuts on spending in the near future were detailed by Exxon Mobil Corp as the company reported a loss for the third quarter – a straight third quarter of loss for the energy giant. The company is… Read More ›
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Global Oil Price Slump Induced By New Coronavirus Lockdowns
Fresh lockdown ion some countries – particularly in Europe, because of a new wave of novel coronavirus infections pushed global oil prices to a five-month low on Monday. With rising rate of infection of Covid-19, many countries including UK, France… Read More ›
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A Double-Dip Recession Could Hit Europe
Despite posting record growth for the third quarter, some analysts and economists feel that Europe still faces the spectre of recession. After the third quarter, there is a looming risk that the region would be pushed straight back into recession… Read More ›
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Airbnb To Collaborate With Former Apple Design Chief Jony Ive For Website And App Redesigning
The next generation of the home rental firm Airbnb’s products and services will now be designed by Sir Jony Ive who led designing at Apple Inc for the company’s IMac, iPhone, iPad and Apple Watch. With the struggling San Francisco… Read More ›
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Global Energy Jobs Being Axed Due To Pandemic And Industry Consolidation
Analysts and market experts are expecting the current trend of suppressed demand for oil and gas to get prolonged which will further increase problems for companies in this sector which have already been hit hard by the novel coronavirus pandemic…. Read More ›
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Twitter Shares Tumble 16% As It Warns Of Sale Impact During US Presidential Election
Fewer new users than what Wall Street analysts were expecting were added by social media company Twitter Inc for the third quarter, the company said on Thursday. It also added that it would also see an acceleration of costs in… Read More ›
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$100 Billion Off Its Stock Value Temporarily Wiped Out Due To Apple’s Late iPhone Launch
Apple reported its steepest quarterly drop in iPhone sales in two years for the third quarter of the current year as its iPhone customers put off purchasing the new iPhones devices because of the late launch of new 5G phones… Read More ›
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Credit Suisse Reports 38% Drop In Net Profit For Q3 Missing Market Expectations
Despite reporting a 38 per cent drop in its net profit for the third quarter, Credit Suisse expressed strong conviction that looking ahead, its wealth management and investment banking divisions will be bolstered by expected volatile market conditions. For the… Read More ›
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More Traditional Route Will Be Taken By The Second Ave Of Cvodi-19 Vaccines Developers
The boundaries of vaccine technology are being pushed by the few drug makers currently dominating the global coronavirus vaccine race. However, a more conventional and proven designs is likely to be adopted by the next crop of vaccines that are… Read More ›