News

Oil drops over $1 on oversupply after OPEC+ delays meeting

Oil drops over $1 on oversupply after OPEC+ delays meeting

SINGAPORE/NEW YORK Oil prices slipped more than $1 a barrel on Monday, after the world’s top producers delayed a meeting to discuss output cuts that could partly alleviate oversupply in global marke...

Full Article
American joins United, others in suspending more NYC flights on coronavirus spike

American joins United, others in suspending more NYC flights on coronavirus spike

American Airlines Group Inc (AAL.O) said late Sunday it would suspend more flights in and out of New York City’s three main airports for about a month, joining other airlines that have cut flights t...

Full Article
Adult Entertainment Supported by Crypto Shoppers During Quarantine

Adult Entertainment Supported by Crypto Shoppers During Quarantine

Adult Entertainment Supported by Crypto Shoppers During Quarantine While many crypto holders around the world are practicing self-quarantine and other measures to...

Full Article
Tesla engineers show ventilator prototype on YouTube

Tesla engineers show ventilator prototype on YouTube

NEW YORK Engineers at Tesla Inc (TSLA.O) showed a prototype for a ventilator on Sunday evening in a video published on the company’s YouTube channel, as hospitals around the country overwhelmed by c...

Full Article
Darknet Market to Permanently Ban Vendors Preying on COVID-19 Fears

Darknet Market to Permanently Ban Vendors Preying on COVID-19 Fears

Darknet Market to Permanently Ban Vendors Preying on COVID-19 Fears Dark web marketplace, Monopoly Market, has taken a stand against scammers claiming to sell cur...

Full Article
Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis Many investors hold Bitcoin (BTC) as a hedge against the global financial syste...

Full Article
In Legal Battle With US SEC, Telegram Sees New Support From Trade Association

In Legal Battle With US SEC, Telegram Sees New Support From Trade Association

In Legal Battle With US SEC, Telegram Sees New Support From Trade Association The Blockchain Association, a major United States-based trade association in the cry...

Full Article
Rolls-Royce to ditch targets and suspend dividend due to coronavirus: FT

Rolls-Royce to ditch targets and suspend dividend due to coronavirus: FT

A man looks at Rolls Royce's Trent Engine displayed at the Singapore Airshow in Singapore February 11, 2020. /Edgar SuBritish aero-engine maker Rolls-Royce (RR.L) will abandon its targets on profits,...

Full Article
Solid chip sales unlikely to cushion Samsung's virus-hit first quarter profit

Solid chip sales unlikely to cushion Samsung's virus-hit first quarter profit

SEOUL The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics’ memory chips from laptop makers and data centres, but first-quarter profits are ...

Full Article
Wall St. looks for light at end of tunnel, sees risk stocks will re-test lows

Wall St. looks for light at end of tunnel, sees risk stocks will re-test lows

NEW YORK Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, altho...

Full Article
Oil skids on oversupply fears, stocks jump on virus slowdown

Oil skids on oversupply fears, stocks jump on virus slowdown

SYDNEY Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in co...

Full Article
Wall Street looks for light at end of tunnel, sees risk stocks will re-test lows

Wall Street looks for light at end of tunnel, sees risk stocks will re-test lows

NEW YORK Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, altho...

Full Article