Article content (Bloomberg) — European natural gas prices declined as persistent warmer-than-normal winter weather reduces demand and eases stress of the region’s energy systems. Article content Benchmark futures fell as much as 6.5%. Unseasonably mild temperatures are set to remain across continental Europe next week, forecasts show. Article content The weather has eased concerns … Read more
Breadcrumb Trail Links PMN Technology PMN Business Article content BEIJING — China’s factory activity shrank at a sharper pace in December as surging COVID-19 infections disrupted production and weighed on demand after Beijing largely removed anti-virus curbs, a private sector survey showed on Tuesday. The Caixin/Markit manufacturing purchasing managers’ index (PMI) fell to 49.0 in … Read more
Hugoton Royalty Trust declines dividend by 14.4% to $0.0667 Source link
CNN — Florida Gov. Ron DeSantis on Wednesday declined to weigh in on the brewing divide among Republicans over who represents the future of the party, him or Donald Trumpsaying instead, “People just need to chill out a little bit on some of this stuff.” “I mean, seriously. We just ran an election,” DeSantis said … Read more
According to its second-quarter (ending Sept. 30) earnings presentation released on Nov. 15, Vancouver-based digital assets mining company Hive Blockchain’s revenue declined by 44% year over year to $29.6 million. During the same period, the company’s net income also decreased from $59.8 million in the prior year’s quarter to a loss of $37 million. Hive … Read more
(Bloomberg) — The Federal Reserve suggested on Friday that lofty home prices could be susceptible to steep declines after big run-ups in recent years on the back of ultra-low interest rates. Most Read from Bloomberg “With valuations at high levels, house prices could be particularly sensitive to shocks,” the Fed said in its semiannual Financial … Read more
Supreme Court nominee and U.S. Court of Appeals Judge Amy Coney Barrett on Capitol Hill in Washington, October 21, 2020. Ken Cedeno | Reuters The Supreme Court on Friday rejected a second request to block the Biden administration’s student loan debt relief program. Justice Amy Coney Barrett denied an emergency application to block the program … Read more
Crypto exchange Coinbase saw a huge fall in its transaction revenues in the third quarter after activity fell amid a broader market downturn, but managed to cut its losses in half compared to the prior quarter. In its shareholder letter released Nov. 3, the company shared that transaction reven had fallen from $655.2 million in … Read more
© REUTERS Ride-hailing service Lyft became the latest tech companies to lay off staff, while Amazon said it would pause new hires in its corporate business, as tech companies slim down to cope with the economic slowdown. Lyft, a rival to Uber, on Thursday announced it was cutting 683 jobs — 13 per cent of … Read more
MFS Charter Income Trust declines -3.3% to $0.0438/share Source link