UK Retail Sales Decline by 0.3% in February
(ONS) The volume of retail sales in the UK declined by 0.3% in February 2022, a downturn from an increase of 1.9% in January. Despite the February decline, the retail…
(ONS) The volume of retail sales in the UK declined by 0.3% in February 2022, a downturn from an increase of 1.9% in January. Despite the February decline, the retail…
(Korea Daily) Tech giant LG Electronics has welcomed blockchain and cryptocurrencies into its corporate charter in a diversification push. In its annual general meeting on March 24, LG is said…
(IHS Markit) The Composite Output Index, gauging activity in the US private sector, hit 58.5 in March, up from 55.9 in February. The rate marked the fastest expansion since July…
(Luckin Coffee) The total revenues of Luckin Coffee Inc. amounted to RMB2.432 billion or US$381.7 million in the fourth quarter of 2021, up 80.7% from the prior year. The company…
(Department of Labor) US jobless claims were recorded at 187,000 in the week that ended March 19, down by 28,000 from the previous week. The claims were at the lowest…
(WSJ) Uber stock rose more than 5% on Thursday after reaching a deal to list all taxis in the city of New York on its app. The move by Uber…
(Reuters) Shares of Nikola Corp. gained more than 16% on Thursday in premarket trading on news the company had started manufacturing electric trucks. Nikola said that it initiated production of…
(Bitcoin of America) Bitcoin of America has announced that Dogecoin can now be accessed through its ATMs. The support for the popular meme coin boosted the sentiment in the cryptocurrency,…
(IHS Markit) The Eurozone PMI Composite Output Index was posted at 54.5, a two-month low and a decline from 55.5 the previous month. The slowdowns in Eurozone business activity reflected…
(Coinbase) Coinbase has announced that its staking offerings for its users now include Cardano’s ADA tokens. Coinbase’s senior product manager Rupmalini Sahu said that ADA ranks as a top-ten coin…
(CoinDesk) The European Parliament has approved a five-year pilot program to test the use of blockchain technology for stock and bond issuance, settlement, and trading. The lawmakers in the EU…
(Adobe) Shares of Adobe fell more than 9% on Wednesday despite announcing a record $4.26 billion revenue in the first quarter of 2022. The record revenue represented a 9% year-over-year…