All The Latest News From Around The World

Deliveroo Picks London for IPO

Deliveroo Picks London for IPO

March 5, 2021

The online food delivery company, backed by Amazon, announced this week its plans to list on the London Stock Exchange. Deliveroo was founded by William Shu and Greg Orlowski in 2013. The idea for the company was birthed out of Shu’s frustrations over lack of options for lunch while he was working as a bank…

Oil Prices: OPEC Production Cuts, Middle Eastern Tensions, Stimulus

Oil Prices: OPEC Production Cuts, Middle Eastern Tensions, Stimulus

February 15, 2021

Biden’s COVID-19 Stimulus, OPEC Production Cuts and Middle Eastern Tensions Cause Oil Prices To Surge On Monday 15th February 2021, oil prices soared. U.S. West Texas Intermediate (WTI) futures reached their highest levels since January 2020, currently trading at $60.95.  WTI crude futures gained 1.5%, to $60.33 a barrel (86 cents). Brent crude increased by 66 cents,…

BTC Surges As Tesla Announces $1.5 Billion Investment In The Coin

BTC Surges As Tesla Announces $1.5 Billion Investment In The Coin

February 8, 2021

Bitcoin hit a new all-time on the 8th of January 2021; this surge doubled the previous all-time high of approximately $19,000 from just three years ago. This past weekend, the world’s first cryptocurrency reminded us that it has no plans to slow down its growth any time soon. Today, the coin surpassed its most recent…

Coinbase Going Public – A Vote of Confidence for the Crypto-Market

Coinbase Going Public – A Vote of Confidence for the Crypto-Market

January 29, 2021

In December 2020, the leading cryptocurrency exchange Coinbase announced that it was planning to go public. However, unlike most Silicon Valley companies, Coinbase intends to sell its shares by direct listing instead of an initial public offering (IPO). Coinbase is a primary hub for retail and institutional traders to purchase cryptocurrencies. Brian Armstrong, the company’s current CEO, launched…

Riots and deaths, as COVID-19 Seeps Through Europe

Riots and Deaths, as COVID-19 Seeps Through Europe

January 26, 2021

The Dutch police were met with angry riots over the new COVID-19 measures. In Eindhoven, protestors ransacked shops, bashed windows, barricaded the streets with bicycles, and threw fireworks. Rioters attacked the police and burnt cars and bicycles. Over 100 people got arrested. Mark Rutte, the Dutch Prime Minister, called the riots “criminal violence.” Smaller-sized demonstrations took in other…

Biden Administration Ready for Battle Against Covid

Biden Administration Ready for Battle Against Covid

January 22, 2021

For Joe Biden, Inauguration Day marks both a grim milestone in the Covid-19 pandemic and a new chapter in the United States’ response to it. On January 19th, the US surpassed 400,000 deaths related to the coronavirus. On January 20th, Biden was officially inaugurated as the president of the United States. However, the president and his…

Spotify Stock Takes a Hit after Citi Downgrade and Apple News

Spotify Stock Takes a Hit after Citi Downgrade and Apple News

January 19, 2021

Spotify, an audio streaming company worth roughly $60 billion, has been on a rollercoaster this month. Spotify’s shares hit an all-time high on January 8th, ending the day at $353.11. However, fast forward one week to Friday, January 15th, and Spotify stock has sunk by 7%.    The Apple Factor   What or who is the…

Things Are Getting Serious: Trump Impeached For The Second Time

Things Are Getting Serious: Trump Impeached For The Second Time

January 15, 2021

It’s official – Donald Trump was formally impeached for the second time during his single term as POTUS. He is the only US President to be impeached twice, ever. The impeachment happened after a long debate that “turned into a rout”. The debate took place between legislators of the House of Representatives, where the President’s…

Fresh Tensions for the US & China following Ban on Chinese Companies

Fresh Tensions for the US & China Following Ban on Chinese Companies

January 11, 2021

Besides the apparent advantage of raising capital, having a company listed on the New York Stock Exchange comes with prestige. These are benefits that Chinese companies may no longer be able to enjoy in the US. In his final months in the Oval Office, US President Donald Trump has decided to escalate the US-China tensions even…

US Capitol Breached after Trump Incited his Supporters to Protest 

US Capitol Breached after Trump Incited his Supporters to Protest 

January 8, 2021

It took a breach of the US Capitol and several deaths for President Trump to finally acknowledge Joe Biden as the new president. In the end, he accepted defeat and said that he would allow a smooth transition of power during Biden’s inauguration on the 20th of January.  Thousands of Trump supporters assembled in the…