January 18, 2022 10:44 am
USD/RUB gained over 0.7% on Tuesday while the MOEX benchmark stock index plunged to lows not seen since March 25th 2021 amid continuing geopolitics-related concerns and worsening health situation due to the rapid Omicron spread. The Russian currency has been facing geopolitical pressure since last October due to Russia’s military build-up near Ukraine. Moscow has […]
Read moreJanuary 18, 2022 8:57 am
Netflix Inc said last week it had increased its monthly subscription prices in the United States and Canada to help pay for new programming amid fierce competition in the streaming TV market. The streaming company had previously announced plans to spend $17 billion on programming in 2021. In the United States, Netflix’s standard plan, which […]
Read moreJanuary 17, 2022 8:21 am
Citigroup Inc’s (C) fourth-quarter profit, reported on Friday, shrank at an annual rate of 26%, since the Wall Street bank took a hit from higher expenditures and weaker performance at its consumer banking division. The bank’s earnings dropped to $3.2 billion ($1.46 per share) during the quarter ended on December 31st from $4.3 billion ($1.92 […]
Read moreJanuary 15, 2022 1:06 pm
Italy’s Eni has set foot into Greece’s solar power market with the acquisition of Solar Konzept Greece, which has an 800 megawatt portfolio of projects at different stages of development. The Italian energy group purchased the firm from Solar Konzept International, which is majority owned by Germany’s Aquila Capital. Solar Konzept Greece will be a […]
Read moreJanuary 14, 2022 10:27 am
Spot Gold was heading for its largest weekly advance since early November, while drawing support from a softer dollar and lower bond yields. Market players awaited the next set of US macro data due out later on Friday for more clues about the Federal Reserve’s tapering timeline. The US Dollar hovered just above a two-month […]
Read moreJanuary 14, 2022 8:08 am
DoubleDown Interactive (DDI), a developer and publisher of digital social casino games, said on Thursday that it had finalized a $1.5 million investment in Epic Games, a leading interactive entertainment firm. DoubleDown invested in Epic Games via a venture fund led and managed by Gorilla PE and NCore Ventures along with a number of major […]
Read moreJanuary 13, 2022 10:10 am
Futures on US West Texas Intermediate Crude Oil eased from recent two-month peak on Thursday on demand uncertainty in the near term amid continuing surge in new Omicron infections around the world. Yesterday oil prices scaled highs unseen since mid-November after US crude oil stocks were reported to have dropped to their lowest level since […]
Read moreJanuary 13, 2022 8:32 am
Volkswagen AG (VOWG) on Wednesday reported its lowest sales in 10 years in 2021 as it delivered 8.9 million vehicles. The auto maker also said it expected supply chain conditions to remain volatile during the first half of 2022. Sales at the Volkswagen brand dropped 8.1% year-on-year to just under 4.9 million vehicles, while the […]
Read moreJanuary 12, 2022 11:33 am
IZEA Worldwide Inc, the premier provider of influencer marketing technology, data and services for the leading brands globally, said on Tuesday that it now accepted payments in Bitcoin and Ethereum for its influencer marketing services. In a recent survey of 1,000 participants from the United States, IZEA concluded that influencers were early adopters of cryptocurrency. […]
Read moreJanuary 12, 2022 9:22 am
Ford Motor Company (F) said earlier this week it had appointed Martin Sander, Audi’s former Europe sales chief, as head of its operations in Germany as well as of its passenger vehicles for Europe. The new role will combine the position of chair of Ford-Werke GmbH in Germany and General Manager of passenger vehicles for […]
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