The dollar slid against most currencies on Monday in choppy trading, as investors looked past the surge in coronavirus cases and ahead to a possible new COVID-19 U.S. stimulus deal…
Category: Business
Oil falls amid surging virus cases and U.S.-China tensions
Oil prices fell around 1% on Monday as surging coronavirus cases and heightened tensions between the United States and China undermined the positive impact from an OPEC+ deal on production.…
UK, EU leaders to meet face-to-face to try to seal Brexit trade deal
British and EU leaders will meet face-to-face to try to seal a post-Brexit trade deal after failing again to narrow their differences on Monday, increasing the chance of a disorderly…
Crypto fund inflows hit second highest on record, assets managed surge – Coinshares
Institutional investors pumped $429 million into cryptocurrency funds and products for the week ended Dec. 7, the second highest on record, pushing the sector’s assets under management to an all-time…
UK government source on Brexit trade deal: “Every chance we won’t get there”
A senior British government source said on Monday there was every chance a deal would not be reached with the EU, saying that while the negotiating process was not over,…
Online lender SoFi explores deal to go public
Online lending startup Social Finance Inc (SoFi) has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock market, people familiar with…
EU, UK leaders say conditions to seal Brexit trade deal ‘not there’
EU chief Ursula von der Leyen and British Prime Minister Boris Johnson said in a joint statement on Monday that sealing a new trade deal was impossible now “due to…