English News
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European shares close 2% higher with U.S. stimulus, rising bond yields in focus; DAX hits record high
KEY POINTS The benchmark U.S. 10-year Treasury yield moved above 1.6% early on Monday. The U.S. Senate passed a $1.9 trillion…
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SpaceX wants to connect its Starlink satellite internet network to moving vehicles
KEY POINTS SpaceX wants to begin connecting moving vehicles – from cars and trucks to jets and ships – to…
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GameStop takes its first steps in anticipated e-commerce shift, sparking a fresh rally; shares surge 45%
KEY POINTS GameStop has tapped Chewy co-founder Ryan Cohen to lead the company’s shift to e-commerce. Cohen will serve as…
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Stocks making the biggest moves midday: Apollo, GE, GameStop and more
CNBC- Here are the stocks making headlines in midday trading. Apollo Global Management – Shares of the private equity firm gave…
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U.S. reportedly prepares action against Russia after major cyberattack
KEY POINTS The United States is preparing to take action against Russia after concluding it was likely involved in a…
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PayPal is acquiring crypto security company Curv for less than $200 million
KEY POINTS PayPal is acquiring crypto security firm Curv. The deal is worth less than $200 million, a person familiar…
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Investors haven’t fully grasped inflation is ‘dead ahead,’ economist Mark Zandi warns
CNBC- Investors may want to hold on even tighter. Moody’s Analytics Mark Zandi believes Wall Street is significantly underestimating the…
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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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