Tag: market
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LG smartphone company announces its withdrawal from the market
South Korea’s smartphone company LG took to Instagram to announce their withdrawal from the market. LG smartphone company has faced a loss of nearly $4.5 billion in almost six years. The company had failed to find a buyer hence they had to shut it down completely making it the first ever mobile company to…
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Bitcoin Hits $1 trillion Market Cap, Stocks Move Higher
Bitcoin has hit the $1 trillion market cap as stocks move higher.
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WHO Mission at Ground-Zero China Market as Nations Tighten Virus Curbs
A WHO mission is at ground zero China market as nations are tightening virus curbs.
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Norway’s Sovereign Wealth Fund Racks Gains Despite COVID-19
Oslo, Jan 28 (AFP/APP): Norway’s sovereign wealth fund, the world’s biggest, racked up gains of more than 100 billion euros in 2020 despite market turbulence caused by the coronavirus pandemic, the central bank said Thursday. The fund registered a return of 10.9 percent last year, or 1.07 trillion kroner (101.5 billion euros) — its second biggest gain…
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Virus-Ravaged Oil Market Collapses by a Fifth in 2020
The virus-ravaged oil market has collapsed by a fifth in 2020.
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US Stocks Open Higher in Holiday-Shortened Session
US stocks have opened higher in a holiday-shortened session.
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Stocks and Sterling Advance on Brexit Talks Extension
Stocks and the sterling have advanced on the extension of Brexit talks.
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US Stocks Dip on Stimulus Stalemate; Disney Surges
US Stocks have surged on the stimulus stalemate but Disney has surged.
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Tokyo Stocks Open Lower
Tokyo stocks have opened lower.
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SBP Mops Up Rs 15.250 billion from Market
The SBP has mopped up Rs 15.25 billion from the market.