Airbnb has made it official. The company announced this week that it has submitted to go public after submitting a draft registration to the Securities and Exchange Commission. This comes as travel book shares Expedia and Booking Holdings have shown signs of life. Booking has bound 60% and Expedia 118% …
Read More »Eurozone corporate profit stumbled in August
The eurozone’s economic recovery from its deepest decline on record has stumbled this month, particularly in services, as rising demand disappeared last month due to lowering coronavirus lockdowns, a survey showed on Friday . To contain the spread of the virus, which has infected more than 22.5 million people worldwide, …
Read More »Chinese users have reportedly moved $ 50 billion of cryptocurrency out of the country
A photo illustration of Digital Cryptocurrency, Litecoin (LTC), Monero (XMR), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Dash will be shown on September 13, 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong | S3studio | Getty Images More than $ 50 billion in cryptocurrency moves from China-based digital …
Read More »Iron prices hit multi-year highs on investment in China’s infrastructure
National Committee for Development and Reform announced that we are ready to launch futures for iron ore in Beijing, China. TPG | Getty Images Iron ore prices have risen this year after many years as the Chinese government promotes infrastructure cuts, and commodity prices themselves rise amid a global pandemic. …
Read More »Watch Joe Biden accept nomination at Democratic National Convention
[The stream is slated to start at 9 p.m. ET. Please refresh the page if you do not see a player above at that time.] Former Vice President Joe Biden is set to accept the Democratic nomination for president on Thursday, and presents his case on how he can unite …
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