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Business

Dollar weakens as market looks to U.S. stimulus; sterling falls

By wahpdcorg December 16, 2020December 10, 2020

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…

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Business

Oil falls amid surging virus cases and U.S.-China tensions

By wahpdcorg December 15, 2020December 10, 2020

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.…

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Business

UK, EU leaders to meet face-to-face to try to seal Brexit trade deal

By wahpdcorg December 14, 2020December 10, 2020

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…

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Business

Crypto fund inflows hit second highest on record, assets managed surge – Coinshares

By wahpdcorg December 13, 2020December 10, 2020

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…

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Business

UK government source on Brexit trade deal: “Every chance we won’t get there”

By wahpdcorg December 12, 2020December 10, 2020

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,…

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Business

Online lender SoFi explores deal to go public

By wahpdcorg December 11, 2020December 10, 2020

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…

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Business

EU, UK leaders say conditions to seal Brexit trade deal ‘not there’

By wahpdcorg December 10, 2020December 10, 2020

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…

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