© Reuters. By Geoffrey Smith Investing.com — Panic selling hits Chinese stock and bond markets as foreign investors are rumored to head for the exits. Tesla (NASDAQ:TSLA) reports record sales and profits, while Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) all report after the bell. The Federal Reserve starts a two-day meeting and coffee futures…
© Bloomberg. Shoppers hold bags in San Francisco. Photographer: David Paul Morris/Bloomberg (Bloomberg) — U.S. consumer confidence improved for a sixth straight month in July to a fresh pandemic high as Americans grew more optimistic about current business and labor market conditions. The Conference Board’s index rose to 129.1 from a revised 128.9 reading in…
Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business. The demand picture will get even sunnier for the division if the company can access enough chips for its energy storage products, according to Tesla CEO Elon…
KUALA LUMPUR, Malaysia, July 27, 2021 /PRNewswire/ — BOXTradEx and BOCT has reached a strategic partnership to cooperate in cross-currency settlement via token and/or digital asset. This partnership has the potential to create great value-added benefits to BOXTradEx users, especially with the option for fiat-to-cryptocurrency transaction settlement subject to rates. Furthermore, BOXTradEx has established a…
Tesla is pushing the launch of its electric Semi truck program to 2022 due to supply chain challenges and the limited availability of battery cells, the company said in its second-quarter earnings report Monday. Tesla CEO Elon Musk has warned about battery supply constraints before and the effect it might have on the Tesla Semi,…
Freight forwarders often keep track of rates on spreadsheets they email to customers, but the pandemic has made that difficult because prices are constantly fluctuating. Freightify, a startup that refers to itself as the “Shopify for maritime freight,” provides white-label rate management and e-booking tools that freight forwarders can use to set up online stores,…
© Reuters. FILE PHOTO: The logo of the Securities and Exchange Board of India (SEBI) is seen on the facade of its headquarters building in Mumbai, India March 1, 2017. REUTERS/Shailesh Andrade/File Photo By Abhirup Roy MUMBAI (Reuters) – Money manager Franklin Templeton told India’s top court on Monday it would not launch any new…
3/3 © Reuters. FILE PHOTO: Construction workers are seen at the site of a large public infrastructure reconstruction project of an elevated roadway and bridges in upper Manhattan in New York City, New York, U.S., April 22, 2021. REUTERS/Mike Segar 2/3 By Susan Cornwell WASHINGTON (Reuters) -The U.S. Senate could vote again this week on…
© Reuters. U.S. Real Yields Fall to Record Low Amid Growth Concerns (Bloomberg) — The real yield on U.S. 10-year debt fell to a record low as concerns mounted over the outlook for economic growth. The rate, which strips out inflation, fell almost six basis points to minus -1.269%. The move was compounded by a…
5/5 © Reuters. Rui Brito, a worker with a disability who lost his arm in a machinery accident more than 30 years ago, works at the office amid the coronavirus disease (COVID-19) pandemic in Porto, Portugal, July 20, 2021. Picture taken July 20, 2021. REUTERS/Violeta Sa 2/5 By Catarina Demony PORTO, Portugal (Reuters) – As…
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