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.
Wealth management firm Lufax began trading on the NYSE with a 14% dip from its IPO price. Lufax CEO is not ruling out Asian market expansion in the long term.
The British health regulators will monitor clinical data in real-time while having an active dialogue with the drugmaker to accelerate the approval process.
Friday’s losses came along with the coronavirus cases in the U.S. hitting new all-time highs and European countries announcing new lockdowns. Besides, this messy week comes just three days before the U.S. election, and traders are preparing for mutable market moves next week.
Ant Group raised over $34.5 billion in Hong Kong and Shanghai. The company recorded a huge retail investors bid of $3 trillion which equals the Gross Domestic Product (GDP) of the United Kingdom.
In Q3 2020, MoneyGram continued to receive huge “market development fees” from its investors. Its major partner Ripple handed over $9.3 million over the period.
Of the top tech firms, Alphabet seems to be the most threatened as there are reports that the authorities may force the splitting of Google to shrink its outright dominance in the search engine and advertisement niche.
CZ responded to the publication stating that the document was not produced by a Binance Holdings Limited employee as claimed.
Ripple’s strong partner and Japanese financial giant SBI Holdings wants them to relocate to Japan as the blockchain startup faces major regulatory hurdles in the U.S.
Netflix announced on Thursday that its customers who have subscribed to standard and premium plans will be parting away with $13.99 and $17.99 respectively.
Alphabet released profitable financial results for the third quarter, which ended on the 30th of September. The company recorded $46.17 billion in total revenue, crushing Refinitiv estimates of $42.90 billion.
Such a surge in Amazon’s revenue resulted from the coronavirus pandemic that made people stay at home and order online instead of doing shopping in stores.
Alongside the earnings release, Facebook also gave an overview of the user activity and data on its platforms and revealed a dip in the Daily Active Users and Monthly Active Users in the U.S. and Canada.
Apple registered a 20% drop in the sales of its flagship iPhone smartphone during Q4 2020. Probably, enthusiasts have been waiting for the release of the latest flagship iPhone 12 5G, announced earlier this month.