On Monday, shares of U.S. airlines and other travel-related industries plummeted as the number of Omicron cases increased and weather-related issues caused the cancellation of hundreds more flights, stranding travelers throughout the country during the holidays. According to data from flight-tracking website FlightAware.com, over 1,000 flights were canceled inside, into, or out of the United …
Because of rising demand for its cybersecurity and Internet of Things technology, BlackBerry Ltd (BB.TO) outperformed Wall Street sales projections for the third quarter on Tuesday. BlackBerry Ltd.’s shares rose in late trading after the cybersecurity and Internet of Things company’s (IoT) quarterly results exceeded expectations. As more enterprises and government organizations switch to cloud-based …
The dollar climbed on Friday as traders fled riskier currencies amid rumors of central bank interest rate hikes and fears about the spread of Omicron infections. Following a succession of central bank policy pronouncements, the dollar index surged 0.7 percent against major currencies, regaining all of the value it had lost on Thursday. Following two …
Dollar Rises As Omicron Spreads Widen Amid Expectations Of A Rate Hike Read More »
Several cryptocurrency advertisements, including those from Papa John’s Pizza, Coinbase, Kraken, Etoro, and Luno, have been banned by the UK Advertising Standards Authority. The advertising is misleading and irresponsibly taking advantage of customers’ inexperience, according to the authority. The UK’s independent advertising body, the Advertising Standards Authority, has knocked down a new series of cryptocurrency-related …
On Thursday, China’s main Shanghai stock index rose slightly, but consumer goods companies weighed on blue chips amid concerns over a recurrence of COVID-19 cases, while Chinese IT companies dragged Hong Kong’s Hang Seng lower. The Shanghai Composite index (.SSEC) was up 0.28 percent at 3,657.85 at lunchtime, with energy companies providing support. The CSI300 …
Consumer Companies Weigh On Blue Chips, While Energy Sectors Lift Shanghai Stocks Read More »
