Market Overview - Page 178

It was never going to be easy to find a successor to Angela Merkel, German chancellor for the last 16 years. But the race has just become even more complicated, with two rivals contesting the conservative ticket. The obvious conservative.

Journalists often describe the current macroeconomic recovery as a K-recovery. That is, some sectors or countries (depending on the context) have a V-shaped recovery, while others continue their slide down. The coronavirus is often thought to have a critical impact.

Predominantly positive macroeconomic data for February from Britain supports the recovery of the British pound on Tuesday morning. The ONS reported that the economy added 0.4% after contracting by 2.2% in January. Industrial production added 1%, twice as much as.

The rally in tech shares has taken the number of people with fortunes of more than $100 billion to eight. Google co-founders Larry Page and Sergey Brin joined the exclusive club last week, entering a group dominated by U.S. tech.

Cryptocurrency exchange Binance is allowing its users to buy fractions of companies’ shares with a new tokenized stock trading service, starting with Tesla. The crypto exchange announced Monday the launch of Binance Stock Tokens, zero-commission digital tokens that qualify holders.

In its stock market debut, British food delivery firm Deliveroo saw its share price tank around 30% as questions materialized over workers’ rights for its riders. In the days running up to the listing, the company revised its share price.

Huawei said Monday that U.S. sanctions on the company are partly to blame for the ongoing global chip shortage that’s the subject of a White House conference on Monday. Eric Xu, Huawei’s rotating chairman, said the sanctions imposed over the.

Governments around the world may start to clamp down on the use of bitcoin and other cryptocurrencies, the CEO of a top crypto exchange has warned. A number of officials — from U.S. Treasury Secretary Janet Yellen to European Central.

BitRiver, a key player in the Russian cryptocurrency mining market, aims to raise up to $35 million by selling tokens that entitles holders to space in its data centers. The company, which operates several mining farms in Siberia for 150.

U.S. stocks pared losses while investors weighed the start of corporate earnings season and an influx of bond supply that loom as speedbumps to a roaring rally. Tech shares climbed from the lowest levels of the day after Nvidia Corp..

Bitcoin’s share of total cryptocurrency market value has fallen to its lowest level in two years after strong rallies from some of the industry’s biggest altcoins, including XRP and binance coin. The market dominance of bitcoin, or the largest cryptocurrency’s.

Bitcoin’s price neared its all-time high of $61,712 early Saturday while ether (ETH, -0.12%) set a new all-time high at $2,190. According to CoinDesk’s Bitcoin price page, the leading cryptocurrency traded above $60,000 for the first time in nearly a.