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Bitcoin, cryptocurrencies tumble as China sends shudders down markets

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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Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets

Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets

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

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Shell agrees $9.5bn sale of Permian Basin assets to ConocoPhillips

Shell agrees $9.5bn sale of Permian Basin assets to ConocoPhillips

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

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iPhone 13 Is Already Recording Early Strong Sales In China

iPhone 13 Is Already Recording Early Strong Sales In China

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

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Facebook slams Wall Street Journal reports as ‘deliberate mischaracterisations’

Facebook slams Wall Street Journal reports as ‘deliberate mischaracterisations’

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

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China’s Lehman Brothers moment: Evergrande crisis rattles economy

China’s Lehman Brothers moment: Evergrande crisis rattles economy

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

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Dow Jones Futures: Stock Market Rally At Turning Point As Rebound Fizzles, What To Do Now

Dow Jones Futures: Stock Market Rally At Turning Point As Rebound Fizzles, What To Do Now

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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The stock market is undergoing a slow motion with shares down

The stock market is undergoing a slow motion with shares down

The land mines for the market are growing. Seasonal weakness is combining with uncertainty over the Covid-19 delta variant’s impact on consumer behavior, rising labor

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PepsiCo Launches Pep+ To Boost Sustainability, Cut Emissions

PepsiCo Launches Pep+ To Boost Sustainability, Cut Emissions

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

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3 Reasons Clover Health Is a Growth Stock That Could Make You Richer Over the Long Term

3 Reasons Clover Health Is a Growth Stock That Could Make You Richer Over the Long Term

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

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