
Saudi Aramco Feels Pandemic Impact as Net Profit Falls 45%
The COVID-19 caused the crude oil prices to drop to an unimaginable position forcing almost all oil producers including Saudi Aramco to respond by cutting capital expenditures.
The COVID-19 caused the crude oil prices to drop to an unimaginable position forcing almost all oil producers including Saudi Aramco to respond by cutting capital expenditures.
Apple had plans for new Macbooks already in April when reports broke out that the firm was set to release New 13-Inch MacBook Pro.
As internal sources said, the fintech giant would face scrutiny as well as restrictions on capital and leverage similar to banks.
Moving away from the “opt-in” approach, Hong Kong’s top financial regulator has mandated licensing of all crypto exchanges operating in its jurisdiction.
Payments giant Mastercard is betting big on a CBDC future and says that all its patents in the cryptocurrency space put the company in a leading position to embrace the next wave of technology.
Paxful said that the goal with the cryptocurrency Visa debit cards is to bring traditional financial services to the “unbanked” or the “underbanked”. The crypto debit card will be useful to all merchant locations and ATMs worldwide.
The sum of the deal has totaled $287 million in cash and shares: $262 million for Kindred Systems and $25 million for Haddington Dynamics.
The Ministry of Financial Services of the Cayman Islands defined Virtual Asset Service Providers to include cryptocurrency service providers which include but not limited to cryptocurrency exchanges, wallet service providers amongst others.
The Kiadis board believes that Sanofi will provide financial and resource support to facilitate the Kiadis NK-cell medicines’ development.
Markets remain on the edge a day before the U.S. Presidential elections. Volatility is growing as this week has some big announcements from the Federal Reserve and policymakers. The surge in COVID-19 in the U.S. and Europe puts major pressure on the markets.
As the U.S. election remains a hot topic for the world, Bitcoin price seems to be on a significant rise and fall trajectory. A price drop even came at a time when BTC blew out its 12th birthday candles.
Marshmallow now offers car insurance to expatriates aged between 21 and 50. The company has pledged to focus on less affluent customers especially those with lower credit scores.
Over the past six months, Ryanair experienced an 80% decline in the number of customers.
As the oil price continues to dip following the effect of the coronavirus and the U.S. elections this week, many experts expect OPEC and its allied bodies to make policy moves to help prevent the complete market collapse.
The initiative by the ECB to seek public participation means that the digital euro if developed, will not be used only by banks.