China will raise defense spending by 7.1% in 2022, faster than last year
March 6, 2022
KEY POINTS Defense spending is set to rise by 7.1% to 1.45 trillion yuan ($230.16 billion) this year, China’s Ministry of Finance
Category: Global Financial News
Visa, Mastercard Join PayPal in Suspending Russian Operations
March 6, 2022
The payment processors cited Russia’s invasion of Ukraine in announcing the move on Saturday. Visa, Mastercard and PayPal are all suspending operations
Russia’s Sberbank collapses 95% on London stock exchange as it exits Europe
March 2, 2022
KEY POINTS Russia’s largest lender said its European subsidiaries had experienced “abnormal cash outflows” and expressed concern for the safety of its
U.S. oil jumps to highest since 2013, tops $109 a barrel as Russia’s war on Ukraine sparks supply fears
March 2, 2022
U.S. oil climbed to the highest level since 2013 during overnight trading Tuesday, with global benchmark Brent topping $110 per barrel as
EU ‘Commits’ to Cutting Russian Banks Off From SWIFT Over Ukraine Invasion
February 27, 2022
More member nations are showing support for imposing restrictions on Russia’s access to the international banking system. The European Union has “resolved”
Warren Buffett in annual letter calls Apple one of ‘Four Giants’ driving Berkshire Hathaway’s value
February 26, 2022
KEY POINTS Warren Buffett called Apple the second-most important business after Berkshire’s cluster of insurers. The “Oracle of Omaha” made clear he
Binance becomes one of top two largest owners of Forbes after $200M investment
February 11, 2022
Binance becomes one of top two largest owners of Forbes after $200M investment Cryptocurrency exchange Binance on Wednesday set up to become
Oil giant BP reports highest profit in 8 years on soaring commodity prices
February 8, 2022
KEY POINTS “It has been another good quarter for the company,” BP CEO Bernard Looney told CNBC’s “Squawk Box Europe” on Tuesday.
Stocks making the biggest moves premarket: Biogen, JetBlue, Didi and others
December 30, 2021
Biogen (BIIB) – Biogen slid 6.5% in the premarket after Samsung denied a report in the Korea Economic Daily publication that it was in talks
Santo Blockchain to deliver 50 Bitcoin ATMs to Panama
December 30, 2021
Santo Blockchain’s plans in Latin America consist of 300 Bitcoin ATMs, a layer-2 wallet and a Bitcoin debit card. Panama is doing
China will raise defense spending by 7.1% in 2022, faster than last year
March 6, 2022
KEY POINTS Defense spending is set to rise by 7.1% to 1.45 trillion yuan ($230.16 billion) this year, China’s Ministry of Finance
Visa, Mastercard Join PayPal in Suspending Russian Operations
March 6, 2022
The payment processors cited Russia’s invasion of Ukraine in announcing the move on Saturday. Visa, Mastercard and PayPal are all suspending operations
Russia’s Sberbank collapses 95% on London stock exchange as it exits Europe
March 2, 2022
KEY POINTS Russia’s largest lender said its European subsidiaries had experienced “abnormal cash outflows” and expressed concern for the safety of its
U.S. oil jumps to highest since 2013, tops $109 a barrel as Russia’s war on Ukraine sparks supply fears
March 2, 2022
U.S. oil climbed to the highest level since 2013 during overnight trading Tuesday, with global benchmark Brent topping $110 per barrel as
EU ‘Commits’ to Cutting Russian Banks Off From SWIFT Over Ukraine Invasion
February 27, 2022
More member nations are showing support for imposing restrictions on Russia’s access to the international banking system. The European Union has “resolved”
Warren Buffett in annual letter calls Apple one of ‘Four Giants’ driving Berkshire Hathaway’s value
February 26, 2022
KEY POINTS Warren Buffett called Apple the second-most important business after Berkshire’s cluster of insurers. The “Oracle of Omaha” made clear he
Binance becomes one of top two largest owners of Forbes after $200M investment
February 11, 2022
Binance becomes one of top two largest owners of Forbes after $200M investment Cryptocurrency exchange Binance on Wednesday set up to become
Oil giant BP reports highest profit in 8 years on soaring commodity prices
February 8, 2022
KEY POINTS “It has been another good quarter for the company,” BP CEO Bernard Looney told CNBC’s “Squawk Box Europe” on Tuesday.
Stocks making the biggest moves premarket: Biogen, JetBlue, Didi and others
December 30, 2021
Biogen (BIIB) – Biogen slid 6.5% in the premarket after Samsung denied a report in the Korea Economic Daily publication that it was in talks
Santo Blockchain to deliver 50 Bitcoin ATMs to Panama
December 30, 2021
Santo Blockchain’s plans in Latin America consist of 300 Bitcoin ATMs, a layer-2 wallet and a Bitcoin debit card. Panama is doing
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