U.S. stocks declined on Wednesday as investors became worried the recent rise in coronavirus infections could slow down global economic recovery. Dow Jones Industrial Average fell 3% or 823 points,…
Goldman Sachs has launched a set of developers tools with open API that allows to embed banking and investing services into their products, according to the company’s press release. The…
Apple is ramping its search engine, a move likely to threaten Google's dominance, according to Financial Times. The development comes as Google faces intense scrutiny by the antitrust authorities for…
U.S. China trade tensions have sparked market caution among top fund managers. Mark Mobius, Cathie Wood, and eight others have shared their top picks and predictions as the tensions escalate,…
The U.S. Consumer Confidence Index in October was 100.9, down from September’s 101.3 and below expected 102.0, according to the CEIC press release. The fall in consumer confidence reflects low…
SpaceX is expanding its beta test of the Starlink satellite internet service, referring to an email sent on Monday to people who have expressed interest in signing up for the…
Eurozone banks tightened corporate credit access in Q3 and will curtail further as worries of a fresh wave of coronavirus infections rise, according to European Central Bank’s press release. Credit…
Flash PMI data for the G4 developed economies remained largely unchanged in October as rising COVID-19 restrictions slowed recovery, especially in the service sector, according to IHS Markit. In the…
Microsoft Corporation will partner with Adobe Inc. and C3.ai to compete with Saleforce.com Inc., the market leader of customer-software, according to Bloomberg. Microsoft, the globe’s leading software maker, has been…
Oil prices declined on Monday, extending the losses sustained last week after the resurgent of the coronavirus pandemic in the U.S. and Europe and Libya’s growing production, according to Reuters.…
Bayer AG will acquire Asklepios BioPharmaceutical Inc. (AskBio), a U.S. biotech firm, for $4 billion as the German pharmaceutical and chemical market bets on gene therapy, according to the company's…
The U.S. economy has started Q4 solidly as private sector business activity in September grew to a rate not seen since early 2019 despite being weaker than August level, according…