Finance
Xinhua Middle East news summary at 2200 GMT, Dec. 24

RABAT — The Moroccan airport authority (ONDA) announced on Friday the extension of the international flight ban for one more month to January 31, 2022. During a cabinet meeting on Thursday, the North African country has extended the state of health emergency throughout the country until January 31, 2022. The suspension of international passenger flights […]

Updated: Dec 24, 2021
Would Keynes have bought Bitcoin?

John Maynard Keynes (1883-1946) was the greatest economist of the twentieth century. Less well known is that he had a parallel career as a successful investor: fairly successful early in his career, and spectacularly successful later on when he changed his strategy. After the first world war, his income depended more on his investments than […]

Updated: Dec 23, 2021
Oil prices could go south in coming months with possible spike in mid-2022

© Provided by Xinhua Analysts expected supply to catch up and even exceed demand growth in 2022, highlighted by an increase in exports of liquefied natural gas (LNG), higher output of shale oil, natural gas and natural gas liquid in the United States and the return of investment in non-OPEC production. by Xinhua writer Liu […]

Updated: Dec 22, 2021
U.S. stocks rally as energy, tech jump

NEW YORK, Dec. 21 (Xinhua) — U.S. stocks rebounded on Tuesday, reclaiming some of the losses they had suffered recently, lifted by strength in the energy and the tech sectors. The Dow Jones Industrial Average rallied 560.54 points, or 1.60 percent, to 35,492.70. The S&P 500 was up 81.21 points, or 1.78 percent, to 4,649.23. […]

Updated: Dec 21, 2021
Dow drops over 400 points on Omicron fears

NEW YORK, Dec. 20 (Xinhua) — U.S. stocks fell on Monday as fears over the fast spread of the Omicron variant clouded Wall Street. The Dow Jones Industrial Average slid 433.28 points, or 1.23 percent, to 34,932.16. The S&P 500 decreased 52.62 points, or 1.14 percent, to 4,568.02. The Nasdaq Composite Index fell 188.74 points, […]

Updated: Dec 20, 2021
Worldwide coal use projected to rise to highest-ever levels in 2022

WASHINGTON D.C.: Coal production is projected to set new records in 2022, with demand remaining high for the next few years, according to the International Energy Agency (IEA). Though there was a reduction in the mining of coal in 2019 and 2020, global power generated by coal is expected to increase by 9 percent in […]

Updated: Dec 19, 2021
Nothing but corruption and cruelty in the Coalition cupboard

When thinking about next year’s Federal Election, Australians should consider the incalculable damage Scott Morrison has done to Australian democracy during his first full term as elected Prime Minister, writes George Grundy. AS PARLIAMENT closes out for 2021, the Morrison Government is taking steps to set the agenda for next year’s Federal Election. Scott Morrison […]

Updated: Dec 18, 2021
Dow drops over 500 points as financials, energy lead losses

NEW YORK, Dec. 17 (Xinhua) — U.S. stocks dropped on Friday, dragged down by heavy selling in the financials and the energy sectors. The Dow Jones Industrial Average dipped 532.20 points, or 1.48 percent, to 35,365.44. The S&P 500 fell 48.03 points, or 1.03 percent, to 4,620.64. The Nasdaq Composite Index lost 10.75 points, or […]

Updated: Dec 17, 2021
U.S.-listed Chinese firms trade mostly lower

NEW YORK, Dec. 16 (Xinhua) — U.S.-listed Chinese companies traded mostly lower on Thursday with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note. Shares of Pinduoduo and NIO slid 3.45 percent and 2.34 percent, respectively, leading the laggards in the […]

Updated: Dec 16, 2021
Traditional TV is Dying, And Netflix Stock Stands To Benefit – MavenFlix

Netflix is the market leader in video streaming, both in revenue and in number of subscribers. Currently, the company has more than 200 million paying users worldwide. As a pioneer in the space, Netflix  (NFLX) – Get Netflix, Inc. Report can be credited for kickstarting the cut-the-cord movement that solidified new habits in media consumption. Over […]

Updated: Dec 15, 2021