Oil rises in value
Oil prices are rising steadily amid rising tensions in the Middle East. The Saudi-led coalition at the weekend announced it had intercepted an explosives-laden drone launched by the Husis towards Abha airport in south-western Saud...
Cryptocurrency regulation
The adoption of bitcoin by big companies requires clear regulations to be implemented as soon as possible, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce told Reuters in an interview.
In her view, a...
New electric cars from GM
GM on Sunday unveiled the redesigned Chevrolet Bolt EV 2022 and the larger, new Chevrolet Bolt EUV crossover with Super Cruise autopilot system. GM aims to reach its target of 30 electric vehicles over t...
Prisoners need a vaccine too
Governor Andrew Cuomo received two letters, the first from the Legal Aid Society, Brooklyn Defender Services, New York County Defender Services and other pro bono legal a...
Restaurateurs have been given hope
It won't be long before, as Governor Andrew Cuomo said, it will be possible to serve diners on the premises of establishments, which were banned last December to prevent the spread of the coronavirus.
The number o...
Deutsche Bank and cryptocurrency service
Financial conglomerate Deutsche Bank plans to launch a cryptocurrency custodial service aimed at large investors. This follows a December 2020 World Economic Forum (WEF) report.
The document states that Deut...
Gina Carano's own film
Gina Carano, star of The Mandalorian, whose contract was terminated by Lucasfilm due to her social media posts, has announced that she is developing a new film to be ...
Replacing plastic bottles with paper bottles
Coca-Cola intends to sell its first paper-bottled beverage this summer, according to a company press release.
It says the "innovative packaging format" will be tested in Hungary and will sell t...
Scottish exports
Scotch whisky exports fell 23% to 3.8bn pounds in 2020, the lowest in 10 years, due to the coronavirus pandemic and US duties.
According to the Scotch Whisky Association, the value of exports to the US, the largest intern...
Derivatives trading
Latin America's largest cryptocurrency exchange, Bitso, announced the acquisition of European crypto derivatives platform Quedex.
Quedex, like Bitso, is licensed by the Gibraltar...
Nvidia wants to buy Arm
US chipmaker Qualcomm has expressed its opposition to a possible acquisition of Arm by Nvidia, which last September said it was prepared to pay $40 billion ...
PayPal shares and targets
Shares in PayPal rose after the company announced plans to launch new financial services on its platform over the next two years, in particular stock trading and the creation of "high-yield savings ...
Japanese markets
Japan's Nikkei stock index fell on Friday, interrupting a four-day rally that lifted its value to a high of more than 30 years.
The Nikkei closed down 0.14 per cent to 29,520.07 points. The broader Topix index added 0.16% to 1,933....
Merchants will be given a run for their money
By 34 votes in favour to 13 against, the City Council passed Intro.1116-B, a bill proposed by Democrat Margaret Chin of Manhattan back in 2018 that would increase the street vending licenses issued by th...
Disney's profits
Disney posted higher revenues and profits, while analysts were expecting losses. The success of streaming services has helped offset the losses of theme parks.
Shares in Disney (DIS), up...
Fare hike postponed
The ongoing economic difficulties, Metropolitan Transportation Authority Chairman Patrick Foye said, will not lead to the fare increases for underground, buses and the two regional rail lines that were previously scheduled to tak...
Uber's Q4 results
Uber on Wednesday summarised its Q4 and full year 2020 results, reporting a modest recovery in taxi service trips and a 130% growth in delivery services.
Uber shares, which have shown a strong 102.4% rise over ...
Satellite internet service
Elon Musk's private company SpaceX has moved from beta testing its Starlink satellite internet service to a wider launch. Residents in the US, Canada and the UK can now pre-order the satellite internet service from the Sta...
Lyft earnings and forecasts
Lyft shares rose sharply after posting better-than-expected fourth-quarter results, although the number of active users of the taxi service is still down&nb...
Cryptocenter in Texas
London-listed mining company Argo Blockchain has announced the purchase of land in Texas to build a new data centre for bitcoin mining.
The company has signed a letter of intent with New York-based firm DPN. The document is fo...
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