Tag Archives: News

The Dow Jones Industrial Average (DJIA) futures, as well as the Nasdaq futures and the S&P 500 futures, are moving higher thanks to a number of factors.On account of the United States celebrating President’s Day, the stock market trading remains closed. However, the after-hour trading sessions are still live as major indices surge to continue the market rally further.Today, following the Nasdaq futures and the S&P 500 futures, the Dow Jones futures also showed a modest rise....

Blockchain firm Chiliz partnered with Lagardere Sports and Entertainment. Lagardere will present Chiliz and Socios.com to new sports teams, leagues and sports federations.Chiliz, that is known as the world-leading blockchain-powered fan engagement platform for sport and entertainment, announced a new partnership on Monday. It will cooperate with Lagardère Sports, a leading sports and entertainment marketing agency, in order to boost cryptocurrency into a mainstream sport.Lagardère Sports...

Favipiravir has become one of the drugs that the Chinese authorities approved for treating the new COVID-19 strain of the coronavirus.According to a Reuters report, China’s National Health Commission is optimistic about a resolution for the raging coronavirus. The report says that a spokesman for the Commission Mi Feng said that efforts from the authorities are yielding results. The Commission also says that at least 1,425 infected patients have been cured and discharged. As part of these...

Cathay Pacific Airways expects a significant drop in its H1 2020 results and has also cut capacity due to the coronavirus fears. Severe travel restrictions as a result of the virus outbreak have led to a rise in flight cancellations.Cathay Pacific Airways said on Monday it is expecting a critical fall of its first-half results because of the epidemic of the coronavirus.The airline stated it cut capacity by 40% for February and March. Moreover, the figures for April will be reduced as well. In...

General Motors has announced it will be ceasing its operations in some international markets and concentrate on the profit-making regions. GM stock hasn’t reacted significantly.General Motors (NYSE: GM) through its official website on February 16, 2020, announced it will accelerate its transformation of the international markets. The transformation will entail ceasing all operations by 2021 at Holden in Australia. In addition, the company is in talks with the Chinese company, Great Wall...

German-based mobile banking giant N26 last week left its customers really angry and dejected after it announced that it would be leaving the United Kingdom due to Brexit.As part of its decision to leave the European Union, foreign firms in the United Kingdom have lost their operating license and thus are forced to leave. Among them is German-based online bank N26 whose decision to leave the country due to Brexit left a bitter pill in the mouth of its teeming customers who now feel betrayed...

After a woman who was on a cruise ship tested positive for the coronavirus, authorities are now trying hard to find other passengers. Such a situation resulted in a new wave of worries.While authorities all over the world are bending over backward to curb the coronavirus outbreak, things might be getting worse. Apart from the rising number of confirmed cases and deaths, the spread is still raging on. Now, several authorities are currently in a fix as they try to find a few hundred people who...

Tesla (TSLA) stock is rising above $800 after hours. Elon Musk is looking for employees to join the Solar Roof team as the company is ramping up the installation of such roofs in the U.S.Tesla’s CEO Elon Musk recently gave an ad searching for workers.https://twitter.com/elonmusk/status/1228849721013346304Be it as it may, the truth is that even with a record fourth quarter for its solar energy and storage systems business, Tesla’s energy revenue fell by more than $24 million in 2019.Now, the...

According to the statistical data from the CME Bitcoin futures market, BTC may continue rising despite the current pullback.The CME Bitcoin futures market opened with the latest refresh data showing the best for BTC since the company introduced it in 2017. The data from CME Group provides investors and traders with transparency, price discovery and also risk management capabilities in order to make informed decisions in their trading. Therefore, it is worth noting that the latest update...

Having started at around $7,000 in January, the Bitcoin price has swung wildly above and below $10,000. With Bitcoin halving around the corner, many in the crypto space expect Bitcoin to keep climbing up the ladder.When we say Bitcoin halving we usually think of reduction of the miner reward in the Bitcoin  network. Well, the thing is – it is soon happening. The third ‘reward era’ will be opened in May this year and we cannot wait for it to happen. Why? Well, usually every time the halving...