Commodity prices and growing expectations of a rebound in fuel demand are rising. It had an impact on Oil giant Royal Dutch Shell’s first-quarter earnings. On Thursday, the company announced their 1Q earnings were slightly better. The oil giant tried to assure investors that it had gained a more stable foundation. Because of that, Shell …
Shell 1Q earnings improve, the company rises dividend by 4% Read More »
On Thursday, Ether hit an all-time high, and bitcoin’s dominance of the cryptocurrency market started to decline. According to data from Coin Metrics, the world’s second-largest digital currency by market value surged to a fresh record of $2,800 on Thursday morning. The top digital coin, Bitcoin, was slightly lower for $54,472. On Wednesday, the European …
Digital currency ether hits a record high while stealing bitcoin’s limelight Read More »
Asian shares slid on Friday, but world stocks held near a record high. Strong U.S. economic data fuels optimism, which keeps global stocks high. Moreover, the Federal Reserve’s commitment to continue supporting the economy also fuelled investors’ appetite for risk. Thursday’s data also showed U.S. economic growth sped up in Q1, sustained by Biden’s government …
Asian Shares Down, but World Shares Near Record High Read More »
The U.S. Senate has approved the first major infrastructure bill in U.S. Congress. The bill would authorize over $35 billion to upgrade America’s drinking and wastewater systems. This bipartisan show of support is rare because the lawmakers still can not agree over other infrastructure investments of President Joe Biden. The Drinking Water and Wastewater Infrastructure …
U.S. Senate Passes $35B Water Infrastructure Bill Read More »
Jailed Kremlin critic Alexei Navalny’s team said Thursday it was disbanding its network of regional campaign offices across Russia. Navalny appeared in a video link from jail. He was looking gaunt after a hunger strike, which he is gradually ending. In a YouTube video, his allies made their announcement before a court hearing due to …
Kremlin Critic Navalny in Jail Appears in Court via Video Read More »
Asian shares extend gains on Thursday following the Federal Reserve’s statement that it was too early to consider rolling back emergency support for the economy. Additionally, U.S. President Joe Biden’s proposal of a $1.8 trillion stimulus package. In a speech to a joint session of Congress on Wednesday, Biden proposed the sweeping new $1.8 trillion …
Asia Shares Extend Gains on Fed’s Support, Biden’s Stimulus Read More »
Asian shares struggled to make solid gains on Wednesday, with already high valuations discouraging investors from buying equities ahead of the U.S. Federal Reserve meeting. Also, later on, Wednesday, Fed Chairman Jerome Powell is expected to reaffirm that easy monetary policy will remain in place for an extended period. Moreover, to dismiss any suggestions of …
Asian Stocks Seesaw as The Fed Meeting Approaches Read More »
A day after Microsoft’s (NASDAQ: MSFT) companies’ March quarter results, its shares were trading weaker on Wednesday’s pre-market. Many traders and shareholders found it daunting since its stocks have risen over 70% even since the pandemic started, despite it having a trillion-dollar valuation. It traded over 45 times its 2020 earnings. It is a multiple …
Microsoft Shares Weaker in Pre-market; Apple, FB Earnings Read More »
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