China’s Business Sector Expands in August
“It’s not too surprising that the manufacturing PMI has started to level off since growth in the industry has already returned to its pre-virus level,” commented an analyst at Capital… Read more »
Tag: business
France August business confidence 91 vs 88 expected
Latest data released by INSEE – 27 August 2020 Prior 85; revised to 84 Manufacturing confidence 93 vs 86 expected Prior 82 Services confidence 94 Prior 88 Confidence levels in… Read more »
UK business group says trading conditions have improved only slowly
The UK Times report on the latest from the British Chambers of Commerce. Its Business Tracker report, conducted from August 3 to 7 found: said that companies were struggling with cashflow problems… Read more »
Bowling back in business but sterling has reasons to stay stuck in a dark alley
GBP/USD has been on the back foot due to the US dollar’s strength. The UK’s gradual reopening may help sterling, but other factors may outweigh this development. Friday’s four-hour chart… Read more »
TechFinancials’ Business Hit by COVID-19, Revenue Loss Deepens
TechFinancials, a UK-based trading technology provider, has reported a year-on-year revenue loss of 70.5 percent to $0.61 million in the first half of 2020, down from $2.07 million in the… Read more »
Uber’s delivery business tops core ride-hailing as pandemic rocks earnings
Uber Technologies Inc. reported second-quarter earnings Thursday. Justin Sullivan/Getty Images Uber Technologies Inc. posted another quarterly loss of more than $1 billion Thursday as the COVID-19 crisis took a toll… Read more »
Expansion on Business and Services Sector
Yesterday, the oil markets advanced after the markets learned about a significant draw in the US crude oil inventories. The Eurozone Markit PMI Composite for July was recently released, which… Read more »
OANDA Rebrands Currency Data and Analytics Business
OANDA, a multi-asset trading provider, announced this Tuesday that it has rebranded its currency data and analytics business, giving it the new name of Foreign Exchange Data Services. The name… Read more »
Victorian state premier Andrews announces update on further business restrictions
Victorian state premier, Daniel Andrews, announces further business restrictions in the state amid the virus situation There will be more progressive announcements in the next few days This six-week period… Read more »
Figure's Mike Cagney: How to Build a Business in Blockchain – CoinDesk
Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Future of Finance newsletter. Mike Cagney is… Read more »