Bitcoin, cryptocurrencies tumble as China sends shudders down markets
Investors unnerved by the financial strains of a Chinese real estate firm sent cryptocurrencies reeling on Monday, with bitcoin (BTC-USD) tumbling by more than 7%.
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Investors unnerved by the financial strains of a Chinese real estate firm sent cryptocurrencies reeling on Monday, with bitcoin (BTC-USD) tumbling by more than 7%.
Bitcoin (BTC) investors seem concerned about the increasing speculation that China’s second-largest property developer, Evergrande Group, will default on its $300 billion in debts. These
Royal Dutch Shell has agreed to sell its business in the Permian Basin, the biggest oilfield in the US, to rival ConocoPhillips for $9.5bn in
Apple presented the iPhone 13 only two days ago, but it has already started gaining traction in China, one of the company’s largest markets. Apple
Nick Clegg, Facebook’s vice-president of global affairs, has slammed the Wall Street Journal for reporting that the social media giant was aware of negative impacts
The crisis engulfing Evergrande, China’s second-biggest property company, is the greatest test yet of President Xi Jinping’s effort to reform the debt-ridden behemoths of the
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally saw modest losses last week, but
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PepsiCo, Inc. (PEP), a food and drink company, on Wednesday, announced the launch of its new arm, PepsiCo Positive (pep+) to boost sustainability and reduce
Sometimes a company can stumble in the quarters after it comes public only to right the ship in the years ahead. Facebook fell 54% after