Month: November 2020

Can Bitcoin take out its all-time highs of $20,000? Well, that’s the million-dollar question making rounds trading cycles after a recent spike to one-year highs above $15,000. Bitcoin market value has increased by more than $20 billion since the start of the U.S election, with the cryptocurrency looking increasingly bullish. Bitcoin Bullish Momentum Bitcoin dominance
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One of the leaders in forecasting currencies, Deutsche Bank, has taken the information known so far about the election and changed the forecast of the United States Dollar in this tight presidential election as the new Congress is looking to be in legislative gridlock for the next term. The move is in a positive direction
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Governments and regulators, worldwide, are acknowledging that cryptocurrencies are here to stay. Likewise, it does not come as a surprise that some have hit the ground running, trying to set up a regulatory framework to govern the burgeoning segment. South Korea Financial Services Commission is emerging as one of the most aggressive on this front.
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The COVID-19 pandemic continues to take a toll on the retail real estate industry. Traffic to shopping malls has shrunk significantly as people resort to doing shopping online. Likewise, mall owners CBL & Associates and Pennsylvania Real Estate Investment Trust are the latest culprits to feel the full effects of the pandemic. Mall Bankruptcies The
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The stock market is looking quite comfortable even though the election in the US is quite controversial and still uncertain. Even on the day after the election it’s looking like there could be some confusion about who the winner truly is, especially as the election comes in tight. Following the closing of the election polls
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The Exchange Traded Fund marketplace has been a buzz of activities in recent months as investors resort to diversifying their investment portfolio ahead of the U.S presidential elections. Capital inflows into ETFs have edged higher with strong inflows underscoring appetite for diversified investments. ETF Boom The first traded fund in Singapore, CSOP Asset Management, has
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Coke strike in Toledo, Ohio, is underway after Teamsters Local, which represents Coca-Cola Co (NYSE:KO) Bottling workers in North Toledo, failed to reach an agreement with the company on new contracts. The strike, which started at 12:01 on November 2, comes on the heels of the workers voting down the company’s latest and best final
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Inspire Brands, the owner of Arby’s Buffalo Wild Wings and Sonic Drive-In, has moved to expand its portfolio of 11,000 restaurants. The private company has reached an agreement to acquire Dunkin Brands Group Inc. (NASDAQ:DNKN) in an all-cash value deal valued at $8.76 billion. Inspire Brands- Dunkin Brands Merger The deal represents a 20% premium
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Faced with an eye-popping $17 billion content budget, Netflix Inc. (NASDAQ:NFLX) has announced plans to raise prices for its standard and premium subscription plans. The increase coincides with an uptick in content consumption in the aftermath of the COVID-19 pandemic even as the streaming giant faces stiff competition in the burgeoning segment. Netflix Price Hikes
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