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Market Overview - Page 242


U.S. tech giants face 6-10% fines as EU set rules to curb their power
U.S. tech giants face 6-10% fines as EU set rules to curb their power.

Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10% under new draft EU rules to be announced on Tuesday. The rules are the most serious attempt by.

‘Race against time’: First Americans vaccinated as U.S. death toll passes 300,000
‘Race against time’: First Americans vaccinated as U.S. death toll passes 300,000.

A New York City intensive care unit nurse on Monday became the first person in the United States to receive a coronavirus vaccine, saying she felt “healing is coming,” as the nation’s COVID-19 death toll crossed a staggering 300,000 lives.

Global contagion? Analysts predict what a no-deal Brexit could mean for markets
Global contagion? Analysts predict what a no-deal Brexit could mean for markets.

Sterling is getting a further boost after British and EU leaders agreed to extend Brexit trade talks beyond Sunday’s deadline, temporarily staving off the threat of a no-deal scenario. Analysts broadly expect the pound to continue to rally if the.

More people are doing their holiday shopping online and this trend is here to stay
More people are doing their holiday shopping online and this trend is here to stay.

The last three months of the year are typically synonymous with malls and stores teeming with customers who stand in long, snaking queues to pay for their holiday shopping hauls. But due to the coronavirus pandemic this year, which forced.

Asia-Pacific stocks dip as data shows China’s November factory output rose
Asia-Pacific stocks dip as data shows China’s November factory output rose.

Stocks in Asia-Pacific were lower in Tuesday trade as concerns over a coronavirus surge in multiple countries dulled optimism over the vaccine rollout in the U.S. Mainland Chinese markets were lower by the afternoon: The Shanghai composite declined 0.45% while.

Ethereum (ETH) is About to See “Liftoff” if It Closes Above $580
Ethereum (ETH) is About to See “Liftoff” if It Closes Above $580.

ETH price found support near $535 and started a steady recovery against the US Dollar. The price is currently trading above $560 and the 100 simple moving average (4-hours). There is a crucial contracting triangle forming with resistance near $570.

Revived Brexit hopes lift stocks and sterling
Revived Brexit hopes lift stocks and sterling.

Stocks began the week with robust gains as investors gauged the chance of added U.S. fiscal and monetary stimulus, while the British pound rose as a last-gasp extension to Brexit talks dodged a difficult divorce. Europe opened with stocks up.

MassMutual’s $100M Bitcoin Investment Marks Adoption Milestone: JPMorgan
MassMutual’s $100M Bitcoin Investment Marks Adoption Milestone: JPMorgan.

JPMorgan analysts have said the recent recent bitcoin purchases by Massachusetts Mutual Life Insurance Co. are a sign of growing mainstream acceptance for the cryptocurrency. “MassMutual’s bitcoin (BTC, -0.

Jim Cramer bought Bitcoin while ‘off nicely from the top’ in $17,000s
Jim Cramer bought Bitcoin while ‘off nicely from the top’ in $17,000s.

Three months after seemingly changing course on crypto, the outspoken host of CNBC’s Mad Money is claiming he made a well-timed Bitcoin investment on Friday. In an interview with TheStreet, Jim Cramer says he purchased Bitcoin (BTC) Friday morning when.

Stocks Kick Off Week on Bullish Note; Pound Surges
Stocks Kick Off Week on Bullish Note; Pound Surges.

Stocks started off the week in a bullish mood as investors took comfort from further stimulus bill negotiations and the impending deployment of the first vaccine in the U.S. S&P 500 futures gained about 0.6%, with the first deliveries of.

Brexit trade talks extended as leaders pledge to go ‘the extra mile’
Brexit trade talks extended as leaders pledge to go ‘the extra mile’.

European Commission President Ursula von der Leyen said Sunday that Brexit trade talks with the U.K. will be extended beyond Sunday’s deadline, adding that “we think it is responsible at this point to go the extra mile.” Von der Leyen.

A Swiss biotech firm developing a Covid treatment has seen its share price soar 38,000% this year
A Swiss biotech firm developing a Covid treatment has seen its share price soar 38,000% this year.

Swiss biotech firm Relief Therapeutics has seen its share price climb by 38,000% so far this year, as it develops a drug focused on respiratory failure arising from severe Covid-19. Last week, the company, along with U.S. partner NeuroRx, met.

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