(The Korea Times) Samsung Electronics will participate in building a pilot program for the Bank of Korea’s central bank digital currency. Samsung will test the functionality of the CBDC with…
(Novavax) Biotech firm Novavax announced $298 million in revenues in the second quarter ending June 30, up from 35.54 million reported in the comparable quarter of 2020. For the six…
(CNBC) The much-popularized Ethereum ‘London hard fork’ has been activated coinciding with a runup in ether prices. The upgrade is expected to solve current problems related to Ethereum blockchain by…
(Census Bureau) US importation of goods and services increased by 2.1% in June to $283.4 billion, pushing overall trade deficits up by 6.7% to $75.7 billion. Exports rose by a…
(BOE) The Bank of England voted unanimously to keep the bank rates unchanged at 0.1%, expecting inflation to rise further in the near term. The BOE Committee voted to continue…
(ECB) The European Central Bank has recognized the growing uncertainty from Covid-19 strains, voting to keep rates at present or lower levels until the 2% inflation target is reached. The…
(IHS Markit) The UK seasonally adjusted construction PMI Total Activity index was 58.7 in July, a sharp decline from a 24-year record high of 66.3 in June. The highest performing…
(NDRC) The Chinese National Development and Reform Commission approved shuttered coal mines to resume production to address power demand amidst climate impact concerns. NDRC wants operations in 15 coal mines…
(EA) Electronic Arts Inc. reported net bookings for the trailing twelve months of $6.136 billion, a gain of 3% year over year. EA’s total revenues for the three months that…
(Booking Holdings) Booking Holdings Inc. recorded a revenue of $2.2 billion, a 243% rise from the comparable quarter of 2020. Bookings had a net loss of $167 million in the…
(Etsy) Etsy Inc. reported revenue of $528.9 million in the second quarter, up 23.4% compared to the same period last year. Etsy’s consolidated GMS reached $3.0 billion, up 13% year…
(EIA) US commercial crude oil inventories rose by 3.63 million barrels for the week that ended July 30, a higher than expected drop of 2.94 million barrels. Distillate fuel inventories…