English News
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U.S. agency probes Facebook for ‘systemic’ racial bias in hiring, promotions
(Reuters) – A U.S. agency investigating Facebook Inc for racial bias in hiring and promotions has designated the probe as…
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Bitcoin rises 4.2% to $50,947.94
(Reuters) – Bitcoin rose 4.18 % to $50,947.94 on Sunday, adding $2,043.31 to its previous close. Bitcoin, the world’s biggest…
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COVID-19 travel insurance becoming a vacation staple
(Reuters) – COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more…
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Too much stimulus in the U.S. may bring ‘imported inflation’ to China, economists warn
KEY POINTS Chinese economists are concerned about spillover risks from massive U.S. stimulus aimed at battling the coronavirus pandemic. Worries…
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‘Fintech is coming into the mainstream from this pandemic,’ J.P. Morgan’s Joyce Chang says
With the pandemic boosting demand for alternative assets, J.P. Morgan Securities’ Joyce Chang is seeing a new dynamic unfolding in…
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London Stock Exchange boss sounds the alarm on SPAC ‘froth’
KEY POINTS London Stock Exchange Group CEO David Schwimmer warned of “froth” in the red-hot SPAC market. Excess in U.S.…
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Robinhood chooses the Nasdaq for its IPO, sources say
KEY POINTS Robinhood selected the Nasdaq as the exchange for its public debut this year. The company has not yet…
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Jack Dorsey is offering to sell the first tweet as an NFT and the highest bid is $2.5 million
KEY POINTS Crypto collectibles have exploded in popularity lately, with anyone from artists to rock bands minting their content. Now,…
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Analysis: Central banks will happily ignore inflation-mongers
FRANKFURT (Reuters) – The world’s biggest central banks will happily live with higher inflation and investors now aggressively betting on…
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Japan’s Nikkei 225 jumps more than 2%; data show China factory activity growth slowed in February
KEY POINTS China’s official manufacturing Purchasing Managers’ Index (PMI) for February came in at 50.6, according to data released by…
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European markets bounce, following global rally as Treasury yields fall; Stoxx 600 up 1.7%
KEY POINTS The sharp rise for European markets comes after U.S. stock futures rose sharply in overnight trading as Treasury…
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Fauci says all three Covid vaccines highly effective, urges people to take shot most available
KEY POINTS Dr. Anthony Fauci said on Sunday he would take the newly approved Johnson & Johnson Covid-19 vaccine and urged…
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