Money


Qantas Reopens International Bookings In July For Vaccinated Travel Qantas Reopens International Bookings In July For Vaccinated Travel
- January 08, 2021

Qantas Airways Ltd., which is the flag carrier and largest airline in Australia by size has now began to accept bookings for different worldwide flights available for passengers by July 1 where they are somehow visualizing a more vaccine-inflicted travel for people all around the world by that time. (more...)
Norway becomes first country where EVs outsell combustion cars Norway becomes first country where EVs outsell combustion cars
- January 08, 2021

Sign-up now and enjoy one (1) week free access! Tesla's mid-sized Model 3, which topped sales in 2019 victor, was second. December was an exceptional month for EVs as two-thirds of all vehicle sales were electric. China's EV startup Xpeng Motors recently shipped its first batch of electric cars to Norway , its first vehicle sales outside of China. Even if it is progressing at record levels, the electrified portion of the Norwegian auto fleet is still small and at the end of 2019, only ... (more...)
Oil Mixed At The End Of The Year Oil Mixed At The End Of The Year
- January 08, 2021

On 20 April 20, West Texas Intermediate ( WTI ) crude ( CL=F ) collapsed to minus $40.32 per barrel. Members of the Organization of the Petroleum Exporting Countries and their allies ( OPEC +) were set to discuss output for February at a session on Monday. (more...)
Gold Holds Steady As Investors Await Georgia Runoffs Verdict Gold Holds Steady As Investors Await Georgia Runoffs Verdict
- January 06, 2021

On MCX (Multi Commodity Exchange of India), gold futures (February 2021) were trading marginally lower by 0.1% at Rs 51,370 per 10 grams after prices in the worldwide markets subdued as market participants awaited results of Georgia runoff elections that would decide which party controls the US Senate. (more...)
JPMorgan sees US$146000-plus Bitcoin price as long-term target JPMorgan sees US$146000-plus Bitcoin price as long-term target
- January 06, 2021

Bitcoin has been extremely volatile in recent times, with the price plunging to $27,700 on January 4, following by a sharp rebound to above $30,000 in a matter of hours. Initially, bitcoin was viewed simply as a speculative asset worth investing in if one was willing to take a chance and lose their money. - $146,000 a pop. (more...)
Businesses in Gedling borough to get financial support during third lockdown Businesses in Gedling borough to get financial support during third lockdown
- January 06, 2021

Around 600,000 retail, hospitality and leisure sites will be able to claim a one-off grant of up to £9000, the UK Government has announced. The UK Treasury department said that a further 594 million pounds is also being made available for local authorities and the devolved administrations to support other businesses not eligible for the grants, that might be affected by the restrictions. (more...)
Tesla's annual sales rise 36% but fall just shy of delivery goal Tesla's annual sales rise 36% but fall just shy of delivery goal
- January 05, 2021

Ramping production is hard and will be one of the most important Tesla topics in 2021, along with the status of FSD (Full Self-Driving)". It's a feature that many Tesla owners have been asking for and it's expected the automaker will soon make the feature available as an upgrade for all owners with capable cars. (more...)
CSRC supports Chinese telecom firms protecting their rights CSRC supports Chinese telecom firms protecting their rights
- January 05, 2021

Investors' focus now rests on whether the companies will face a US investment ban, which bars American investments in Chinese companies identified to be owned or controlled by the military. However, it is at best symbolic as trading volume of the three telecom companies in NY is a fraction of their respective turnover on the Hong Kong Stock Exchange. (more...)
Google Workers Form a Union, a Silicon Valley First Google Workers Form a Union, a Silicon Valley First
- January 05, 2021

More than 200 engineers and other workers have formed a union at Google, a breakthrough in labor organizing in Silicon Valley where workers have clashed with executives over workplace culture, diversity and ethics. They are supported by the Communications Workers of America, which represents workers in telecommunications and media. They said the organisation will give staff greater power to voice concerns about discriminatory work practices at the firm and how it handles issues like online ... (more...)
Slack kicks off first Monday of 2021 with a service outage Slack kicks off first Monday of 2021 with a service outage
- January 04, 2021

TechCrunch covered the service's uptime issues in 2020, 2019, 2018, 2017, and so forth. The outage might be affecting a larger number of users. Our team is on the case and we will keep you posted . Slack was founded in British Columbia in 2009 by Canadian tech entrepreneur and Flickr co-founder Stewart Butterfield, who announced in December that he will sell the company to Salesforce for US$27.7 billion. (more...)
COVID19 in the UK: First person receives Oxford- AstraZeneca jab
- January 04, 2021

United Kingdom regulators last week authorized emergency use of the Oxford-AstraZeneca shot, giving public health officials a second vaccine in their medical arsenal. The latest studies suggest the new vaccine is about 70% effective. He said: "The virus is unfortunately spreading fast, and this is a race against time". (more...)
Bitcoin turns 12, crosses $34000 for the first time Bitcoin turns 12, crosses $34000 for the first time
- January 04, 2021

Bitcoin has grown significantly over the past year as it's drawn in more interest from institutional and retail investors, some of whom view digital coins as a safe haven during the coronavirus pandemic. JPMorgan strategists argued in December that the newcomer currency may eventually lower the value of gold because "adoption of bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced". (more...)
Tesla missed target of half a million vehicles by just 500 Tesla missed target of half a million vehicles by just 500
- January 04, 2021

The result capped a remarkable year for Musk and his company, which joined the Standard & Poor's 500 Index on December 21 after posting five consecutive quarters of profit. Tesla had set a goal of 500,000 deliveries for 2020. The push largely depended on increased output from its Chinese plant and higher output in the USA of the newest vehicle in its lineup: the Model Y . (more...)
Tencent games reinstated on Huawei app store Tencent games reinstated on Huawei app store
- January 04, 2021

Huawei presently controls 41.4% share of the China mobile phone market and 14.9% of the global market, according to data from market research firms IDC and Canalys . A source said the games were eliminated in light of the fact that the organizations couldn't concur on an income sharing agreement for the application store deals. (more...)
Boris Johnson's Father Seeks French Citizenship Boris Johnson's Father Seeks French Citizenship
- January 04, 2021

Boris' father is not the only person in his family who has had a divergent opinion over Brexit . His son Boris was the public face of the Leave campaign in the 2016 referendum and says Britain can "prosper mightily" as a fully sovereign nation outside what he sees as an overly bureaucratic EU. (more...)
Ant Group to return to online payment Ant Group to return to online payment
- January 03, 2021

Chinese regulators ordered the mobile payments company, Ant Group , to make major changes as the government takes a closer look at the tech giant's business practices. Ant is planning to leave its digital lifestyle business - the services that link users with food deliveries, on-demand neighborhood services and hotel bookings - out of the financial holding company, one of the people said. (more...)
United Kingdom formally leaves European Union today after 48 years United Kingdom formally leaves European Union today after 48 years
- January 03, 2021

The older Mr Johnson told France's RTL radio on Thursday: "It's not a question of becoming French". British and European businesses have warned of mayhem at the border as they learn to navigate red tape and paperwork that threatens to impede the smooth flow of almost 1 trillion euros in annual trade . (more...)
Tesla's annual sales up 36% but comes short of delivery goal Tesla's annual sales up 36% but comes short of delivery goal
- January 03, 2021

Tesla's Model 3 surpassed many luxury brand models with 22,000 vehicles sold in November, ranking first in terms of sales. CEO Elon Musk set a goal of delivering 500,000 vehicles in 2020 before the coronavirus pandemic hit, and Tesla stuck to that goal even though the virus forced its only US assembly plant to close for several weeks in the spring. (more...)
Gold Investors See Challenges Ahead After Glittery 2020 Gold Investors See Challenges Ahead After Glittery 2020
- January 02, 2021

In August, the gold price even reached a record level of over $2000, breaking the old record of 2011. Gold and related exchange traded funds have marked one of their best annual performances in years, and many are wondering if the precious metal can deliver again next year. (more...)
Bitcoin hits record $ 28,600 as 2020 rally kicks off Bitcoin hits record $ 28,600 as 2020 rally kicks off
- January 02, 2021

The price of Bitcoin 's continuous increase now stands as evidence that the demand for cryptocurrency is still rising, and that the token is now a popular safe-haven asset. "They just buy it more". According to Ashwath Balakrishnan, an analyst at Delphi Digital, Bitcoin became more compelling when it surpassed its all-time high . (more...)

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