French car hire company Europcar, one of many transport companies to have been hit by the COVID-19 pandemic, said on Monday it was in talks about a financial restructuring.
It's been a busy holiday weekend at Central Florida's theme parks. Crowds and long lines are historically the norm in this industry over Labor Day weekend, but in this very unusual year after a very unusual summer, it has to feel good for Walt Disney (NYSE: DIS), Universal Orlan
U.S. stocks were super steady in August as investors rotated into the beaten-down segments of the year — cyclicals. The Nasdaq 100 rose nearly 11% in August compared to a gain of about 7% for the S&P 500, 6.6% advancement in the Dow Jones and 5.5% rise for the Russell 2000
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
Mastercard Inc. MA in partnership with Samsung Electronics and Samsung Card has launched Samsung Pay Card in South Korea. It is the company’s co-branded card that will enable customers to avail of enhanced digital payment facilities in the country.
Shares of The Buckle, Inc. BKE have increased 2.5% since the company released robust sales numbers for August on Sep 3. Apparently, net sales for the four-week fiscal month ended Aug 29, 2020 grew 1.2% to $78.1 million compared to net sales of $77.2 million recorded in the four-
The euro fell on Monday as traders that have pushed the single currency to multi-year highs took a breather and prepared for the European Central Bank meeting on Thursday to see if policymakers will introduce yet more stimulus.
India should legitimize bitcoin by regulating it like a corporate stock and define cryptocurrency crimes to deter misuse of the technology, according to think-tank founder Deepak Kapoor.
Since it is similar to other financial assets, âBitcoin should be traded like a stock. That is the only legal status that it can get, and it should get this status,â Kapoor, who created the BEGIN India think tank, told BusinessWorld on Monday.
Kapoor was against the idea of legalizing bitcoin as currency, though.
âYou make it legal and you might put the entire economy of the country at stake,â he argued, describing bitcoin as a âprivate currency.â
Nischal Shetty, CEO of Mumbai-based crypto exchange WazirX, opposed the idea of regulating bitcoin like stocks.
âBitcoin is not a slice of a company that you can buy or invest in. Rather, it is seen as an asset, like gold for example. Hence, it canât be seen a stock,â Shetty told CoinDesk.
Kapoorâs call for regulation came as part of an interview about fears around the use of cryptocurrencies in terrorism financing schemes.Â
The U.S. recently seized millions of dollars in bitcoin and more than 300 cryptocurrency wallets controlled by the terrorist organizations al-Qaeda and Hamas.
Kapoor pointed out India is yet to officially recognize cryptocurrency-based crimes.
âI would want senior people from investigative and law enforcement agencies to first at least know about it and to know what is the world moving towards,â he said.
At present, the regulatory environment in India remains uncertain, with the government said to have been considering an outright ban.
As per a Nikkei article retweeted by Syed Akbaruddin, Indiaâs former UN envoy, the government is now preparing to debate the possible cryptocurrency options.
Ratan Sharda, author, editor and TV panelist told BusinessWorld for the same article that banning would not work, and the ideal way is to make cryptocurrencies legal and ensure everything is tracked.
âJust like you cannot ban porn, you cannot ban cryptocurrency,â Sharda said.
The Internet and Mobile Association of India (IAMAI) is currently developing a code of conduct for cryptocurrency firms in the nation that would include .
âThis will also curb illegal activities as well as scams,â said Shetty, whose exchange is a member of the association.
Despite the regulatory uncertainty, cryptocurrency exchanges servicing Indian clients have been witnessing solid growth since the March overturning of a central bank ban on banking services for crypto companies.
Latin American currencies weakened on Monday with Mexico's peso breaking a four-session winning streak, as the dollar gained ground amid China-U.S. tensions and mixed trade data from Latam's major commodity exports destination, China.
I took a look at three stocks to avoid last week, and I fell short. Just one of the three stocks moved higher, but it came through with a 10% surge to offset declines elsewhere. The three stocks I suggested investors avoided rose by an average of 0.3%. That may not seem like muc
Gilead Sciences, Inc.’s GILD subsidiary, Kite, announced that it has submitted a supplemental Biologics License Application (sBLA) to the FDA for Yescarta (axicabtagene ciloleucel) for the treatment of relapsed or refractory follicular lymphoma and marginal zone lymphoma afte
Dave & Buster’s Entertainment, Inc. PLAY is scheduled to report second-quarter fiscal 2020 results on Sep 10.In the fiscal first quarter, the company’s earnings missed the Zacks Consensus Estimate by 73.4%.
United Airlines Holdings Inc UAL is planning to expand its October flying schedule on uptick in demand for leisure travel. The airline expects to operate 40% of its full schedule in October, indicating a rise from 34% of the schedule it hopes to fly in September.
Terex Corporation’s TEX has been making commendable progress in its strategic transformation plan with three principal elements — Focus, Simplify and Execute to Win. The company is now transitioning to its next phase of “Execute, Innovate, Grow.” However, shares of the c
Semtech Corporation SMTC recently announced that ICT International and Definium Technologies are using advanced products based on Semtech’s LoRa devices and LoRaWAN protocol.These sensors have been used by ICT International and Definium in the avocado farms in Australia to det