Sunday, April 18, 2021

Business

Keith Raniere, Nxivm’s founder, sentenced to 120 years in prison

Keith Raniere, Nxivm company's founder, has been punished for 120 years in jail. In Brooklyn federal court, Nicholas Garaufis (United States district judge) read the sentence, when above a dozen people provided victim impact declarations at his hearing. JUST IN:...

Jack Ma’s Ant Group bring off world’s largest share sale

Ant Group of Jack Ma has just fetched the major stock sale in history and marking a significant victory for the Chinese tech giant and the country's share market. On Monday, regulatory filings released which say that the tech firm...

Chinese Gigafactory of Tesla to play a significant role in its global template

Tesla has started manufacturing vehicles in China around a year ago to boost its appearance in the biggest auto market in the world. At this time, the nation is nearly to become an even more serious part of its...

UK fashion group to experience 24,000 job losses amid COVID-19

Edinburgh Woollen Mill’s owner, the popular Scottish brand that manufactures cashmere sweaters and Harris Tweed, has shown a threat of a significant number of job reductions because the brand tries to save the business from downfall. Edinburgh Woollen Mill, owned...

Stocks slip amid Trump’s positive Coronavirus test

Previous jobs report before the election was considered to be one of the significant market-moving news on Friday. But President Donald Trump's shocking declaration that he and Melania Trump, the First Lady, have tested positive for Coronavirus altered the...

JPMorgan Chase to give 920 million USD to fix trading misconduct allegations

On Tuesday, JPMorgan Chase, an American multinational investment bank, approved to pay a record 920 million USD to fix charges that it engaged in manipulative trades for the upcoming days that linked to Treasury bonds and precious metals. JPMorgan Chase,...

Trevor Milton resigned as chairman in conflict with short seller

Trevor Milton (Nikola founder) has slipped as an executive chairman when a short seller alleged Trevor Milton and the electric and hydrogen truck startup of misleading investors and overstating the worth of a business agreement. Nikola founder Trevor Milton has...

Citibank mistakenly sent a hedge fund of 175 million dollars

Citibank is facing a significant problem because it wrongly sent 175 million dollars to Brigade Capital Management, and the hedge fund didn't give back the amount. On Monday, the American banking giant submitted a lawsuit in New York's Southern District,...

Japan faces the adverse GDP contraction but still better than other

Due to ongoing pandemic COVID-19, Japan just declared its poorest fall in GDP (Gross Domestic Product). On Monday, the Cabinet of the country described that the third biggest economy of the world decreased to 7.8 percent in the 2nd...

Gold prices touching all-time peak level because of anxious investors

On Wednesday, gold prices are still surging their scintillating, now rallying again to reach another high level of more than 1,950 dollars per ounce. A novel height of prices above 2,000 dollars looks unavoidable, and manufacturers can thank incentive from...

Latest News

Global Coronavirus deaths surpassed 3 million

On Saturday, the worldwide Coronavirus death toll surpassed three million, according to JHU (Johns Hopkins University), and COVID-19 infection...