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Wed, Apr 14, 2021 10:31 AM All times are UTC Edition :

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Swaps, options and other derivatives aren't just for the financial elite

Apr 04, 2021 09:36 am UTC| Economy Investing

One of the biggest trends in economics over the past 40 years has been so-called financialisation whereby an increasing proportion of GDP in advanced economies comes from the financial sector. This has involved the...

Why African countries must invest more in earth sciences

Feb 12, 2021 09:23 am UTC| Nature Investing

The African continent contains some of the worlds richest mineral resources. For instance, the Democratic Republic of Congo produces most of the worlds cobalt; Rwanda, Ethiopia and Mozambique are major contributors to...

Investors swoon over Bumble's IPO – but what exactly is an initial public offering?

Feb 12, 2021 07:53 am UTC| Investing

Bumble raised US$2.15 billion in an initial public offering, or IPO, late on Feb. 10, just in time for Valentines Day. Investors swooned over the women-go-first dating app, buying more shares and at a higher price than...

Coca-Cola top Q4 estimates with $1.46 billion net income, as cost cuts offset reduced sales

Feb 11, 2021 00:00 am UTC| Economy Business Investing

Coca-Cola reported a fourth-quarter net income of $1.46 billion, or 34 cents per share, down from $2.04 billion, or 47 cents per share, a year earlier, as fresh pandemic curbs globally closed its biggest sales drivers,...

TSMC eyes $9 billion from debt markets to fund expansion

Feb 10, 2021 23:56 pm UTC| Economy Business Investing

Taiwan Semiconductor Manufacturing Co. (TSMC) would raise nearly $9 billion from the debt markets to help fund expansion and pollution prevention-related efforts, after hiking revenue and capital spending estimates in...

12-year-old South Korean boy gains 43% returns in stock purchases

Feb 09, 2021 23:50 pm UTC| Investing

Twelve-year-old South Korean Kwon Joon earned 43 percent in returns from his new hobby of buying stocks. Kwon, whose role model is US billionaire investor Warren Buffett, asked his mother to open a retail trading...

Oil in Global Economy Series

FxWirePro: US Oil breaks major resistances, hits fresh 13-month high at $58.59

Feb 09, 2021 10:29 am UTC| Technicals Investing

WTI oil prices hit fresh 13-month high at $58.59 per brl before easing slightly to trade at 58.10 at around 10:15 GMT. Oil prices have risen nearly 10% in the past weeks trade and are set to extend the previous weeks...

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Economy

Chicken franchises in S. Korea rose in 2020 amid the pandemic crisis

Chicken franchises in S. Korea reportedly recorded very high sales last year. Major chicken restaurant franchises were said to have increased because the public has relied more on food delivery since the lockdown...

Sanofi spending S$638 million for vaccine production in Singapore

Sanofi confirmed on Monday, April 12, that it is investing in Singapore for its vaccine production in the region. The French drugmaker is spending S$637 million or around 400 million that will be given out in over five...

Goldman Sachs confirms the opening of its new office in Birmingham

Goldman Sachs announced on Tuesday, April 13, that it will be opening its new office in Birmingham in the U.K. The investment bank and financial service company stated that it is taking this step to expand in...

Toshiba: Oasis says CVC’s $20 billion offer to buy the Japanese company is too low

Toshiba received a buyout proposal from CVC Capital Partners amounting to $20 billion. This is said to be equivalent to 5,000 per share, but the companys investor Oasis Management stated that this is too low. Toshibas...

Hyundai Motor looking to collaborate with Samsung SDI for EV batteries

Hyundai Motor is taking steps to realize its plans for a shift to totally eco-friendly vehicles and for this, it wants to collaborate with Samsung SDI. Thus, the companies are reportedly looking forward to signing a...

Politics

Joe Biden set to nominate Cindy McCain for US Ambassador to UN World Food Programme

Joe Biden and his administration recently announced several more nominations for administration posts. Biden is also expected to nominate top Republican Cindy McCain to become the US Ambassador for the UNs World Food...

Donald Trump 2024: Nikki Haley will not run if ex-POTUS decides to run for office again

Even as former President Donald Trump has suggested every now and then about running for office again in the 2024 elections, several Republicans are being touted as possible contenders for the party. One possible...

Nancy Pelosi takes a swipe at the "squad" in upcoming book

House Speaker Nancy Pelosi discusses her colleagues in an upcoming book by USA Today journalist Susan Page. When it came to New York Congresswoman Alexandria Ocasio-Cortez and her squad, Pelosi had some blunt remarks...

Joe Biden nominates Chris Magnus and Ur Jaddou to CBP and USCIS

Joe Biden is announcing his nominations for key positions in other agencies and this week he has announced his picks for two immigration agencies. Biden is nominating Chris Magnus and Ur Jaddou to lead the CBP and the...

Kamala Harris says Daunte Wright's family 'deserve answers' following the recent shooting

As the trial of Derek Chauvin over the murder of George Floyd is underway, another incident has occurred when Daunte Wright was shot and killed in Minneapolis, Minnesota this week. Vice president Kamala Harris condemned...

Science

Feeding cows a few ounces of seaweed daily could sharply reduce their contribution to climate change

Methane is a short-lived but powerful greenhouse gas and the second-largest contributor to climate change after carbon dioxide. And the majority of human-induced methane emissions comes from livestock. About 70% of...

Researchers have grown 'human embryos' from skin cells. What does that mean, and is it ethical?

Researchers have successfully grown model versions of early human embryos by reprogramming cells from human skin. The breakthrough potentially opens up new ways to study the earliest phases of human development, learn more...

Artemis: how ever changing US space policy may push back the next Moon landing

Harrison Schmitt and Eugene Cernan blasted off from the Taurus-Littrow valley on the Moon in their lunar module Challenger on December 14 1972. Five days later, they splashed down safely in the Pacific, closing the Apollo...

As the Perseverance rover lands on Mars, there's a lot we already know about Mars from meteorites found on Earth

NASAs Perseverance rover successfully touched down on Mars this morning, and has already begun beaming back images. But people might be surprised to learn there have been another 48 missions to the red planet so far. Of...

Transparent wood is coming, and it could make an energy-efficient alternative to glass

Wood is an ancient material humans have been using for millions of years, for the construction of housing, ships and as a source of fuel for burning. Its also a renewable source, and one way to capture excess carbon...

Technology

Samsung’s next Galaxy Unpacked event happens on April 28

Samsung has announced its next Galaxy Unpacked event, and it is happening later this month. Aside from providing details on when and where to watch the presentation, the tech giant is still keeping the surprise as to what...

iPhone 13 leaked renders show dual-camera is aligned diagonally

The upcoming iPhone 13 series is highly anticipated to sport the same design as its predecessor iPhone 12. However, a new leak suggests that the next base model could sport slight changes, especially in the rear...

‘BioShock 4’ developer’s job listing for Senior Writer hints at an open-world setting

Fans of the retrofuturistic-themed video game series BioShock have known for a while that a fourth main title installment is underway. Updates on the progress of its development have been scarce, but developer Cloud...

Top-tier iPad Pro could face delayed launch or limited availability due to Mini-LED shortage

Apples next lineup of iPad Pro tablets is some of the most anticipated tech products right now, especially with rumors that its 12.9-inch model would adopt Mini-LED displays. However, suppliers are reportedly facing parts...

Apple confirms ‘Spring Loaded’ event is set for April 20

After weeks of information leaks going back and forth about Apples spring event, the tech giant has finally confirmed that a product launch is slated later this month. While the company has provided key details about the...