As a result of a heavily failing economy, the Venezuelan government has decided to move to a fully digitized economy. With U.S. sanctions and collapsing oil revenues plaguing the country, hyperinflation has practically made the bolivar banknotes worthless. What’s more, the U.S. dollar is being used on an increasing...
After the United States implemented an exemption on its current sanctions, Iran found a way to purchase coronavirus vaccines. And in due time, considering their country is experiencing the worst COVID-19 outbreak in the Middle East.
The Iranian government looks to acquire 16.8 million vaccine doses from the World Health...
Nvidia's plans to acquire chip designer Arm from Softbank are officially off the table. The news was confirmed by both companies via press release on Tuesday.
Nvidia previously agreed to purchase Arm for $40 billion in cash and stocks back in late 2020. The news caused Nvidia's stocks to soar,...
In what was a first in Europe, Google and a group of French publishers agreed on Thursday to a framework over copyrights in which the multinational technology company would pay publishers for their online content. To date, Google has only signed individual agreements with a few publications such as...
European gas futures are continuing to make gains as Russia remains adamant about limiting its supply to the region. Despite Russia's promise of extra volumes, national exporter Gazprom PJSC has not arranged any extra capacity in order to supply Europe with more gas via Ukraine in December.
While it is...
Deliveroo Plc has hired former Amazon Inc executive Devesh Mishra as their new chief product and technology officer, the food delivery company announced early this week. Mishra will be tasked with overseeing Deliveroo's data science, design, engineering, and product development efforts, which form an integral part of the company's...
With lawmakers currently in the process of debating whether or not to pass a stimulus package later this week, the direction that stocks on the NYSE are set to take remains uncertain.
The three major indices each incurred their fairly balanced share of gains and losses on Wednesday, with several...
Low-cost Norwegian airline Norwegian Air has taken the decision to appoint Chief Financial Officer Geir Karlsen as the company's new Chief Executive Officer, the company announced on Monday. The board of directors voted Karlsen into his new position on June 20th.
The vote took place after existing CEO Jacob Schram...