MEXICO CITY, Mexico: Mexico’s central bank said last week that in 2021 the money Mexican migrants sent home to relatives totaled a record $51.6 billion for the year, a rise of 27.1 percent, despite the COVID-19 pandemic. The remittances surpassed almost all other sources of the country’s foreign income, including tourism, oil exports and most […]
Social network rolls out personal force field for VR avatars blocking most touch Meta, formerly Facebook, has added a “personal boundary” system to its Horizon virtual reality platform in response to concerns over virtual harassment. The feature, which creates an invisible and impenetrable force field with an “almost four-foot” radius around individual avatars, will be […]
NEW YORK, New York – U.S. stock markets shattered on Thursday with all the major indices losing ground. The sizeable losses were mirrored around the world. The main driver in the U.S. was the shock 26.4 percent fall in Facebook-parent Meta Platforms shares. Meta fell after the company’s quarterly earnings fell short of expectations. It […]
The Dow Jones Industrial Average moved lower Friday morning after the stock market sell-off deepened on Thursday. Netflix stock crashed 22% in morning trade on disappointing earnings results, while Intuitive Surgical (ISRG) also tumbled on earnings. Meanwhile, the price of Bitcoin took a dive in morning action. X Among the Dow Jones leaders, Walt Disney […]
NEW YORK, Feb. 1 (Xinhua) — Google’s parent company Alphabet Inc. announced on Tuesday the 2021 fourth-quarter revenue of 75.3 billion U.S. dollars, up 32 percent year over year. Alphabet generated about 257.6 billion dollars in revenue during the fiscal year, representing a growth of 41 percent. Alphabet yielded 30.7 dollars of earnings per share […]
NEW YORK, New York – Sharemarkets in the United States and around the world came to life on Monday, racking up major gains across the boards. Despite the optimism of the past two trading days, January posted the worst monthly performance since the outset of the pandemic. “Between the amount of volumes that we saw […]
GENEVA – The U.N, Office for the Coordination of Humanitarian Affairs, OCHA, warns it may be forced to end its humanitarian operation in northern Ethiopia’s embattled Tigray province because supplies are running out. Intense fighting in northern Ethiopia has prevented aid from getting through to millions of destitute people in Tigray since mid-December. OCHA spokesman […]
NEW YORK, Jan. 28 (Xinhua)– U.S. stocks rose on Friday, bolstered by a marked rebound in tech shares. The Dow Jones Industrial Average jumped 564.69 points, or 1.65 percent, to 34,725.47. The S&P 500 added 105.34 points, or 2.43 percent, to 4,431.85. The Nasdaq Composite Index climbed 417.79 points, or 3.13 percent, to 13,770.57. Ten […]
NEW YORK, Jan. 27 (Xinhua) — U.S. stocks closed lower on Thursday as concerns over monetary tightening continue to weigh on market sentiment. The Dow Jones Industrial Average dipped 7.31 points, or 0.02 percent, to 34,160.78. The S&P 500 was down 23.42 points, or 0.54 percent, to 4,326.51. The Nasdaq Composite Index tanked 189.34 points, […]
HEFEI, Jan. 27 (Xinhua) — The birthplace of China’s rural reform, Xiaogang Village in east China’s Anhui Province, distributed dividends to all its residents for the fifth year on Wednesday. The cumulative dividends of Xiaogang Village have amounted to more than 10 million yuan (about 1.58 million U.S. dollars) over the past five years, thanks […]
