Trump said Thursday afternoon he would hold the news conference, knocking stocks down from solid gains. That announcement came after China approved a national security bill for Hong Kong that experts warn could endanger the city’s “one party, two systems” principle. That principle allows for additional freedoms that mainland China residents don’t have.
The coronavirus pandemic may have brought most of the global property market to a standstill but in Sweden, which never fully went into lockdown, a village has gone up for sale for 70 million Swedish krona ($7.3 million).
Facebook CEO Mark Zuckerberg has reshuffled his deck of lieutenants over the past few years as the social network has undergone a metamorphoses.
As executives have come and gone, Zuckerberg has remained one of the few constants at the helm of the company.
The company’s shares reached an all-time high this week as investors cheered its leadership’s reactions to the coronavirus pandemic and recent new products.
Amazon, Microsoft and Google are among a number of American firms that are providing various web services to blacklisted Chinese surveillance firms, a new report claims.
In October, some of China’s most valuable surveillance artificial intelligence firms were put on a U.S. blacklist and were accused of being “implicated” in human rights abuses.
Top10VPN said in a report that these U.S. giants were providing “essential web services that power these companies’ websites.”
XRP, the third-largest cryptocurrency by market capitalization, has lost a further 10.14% in the last day to fall back to just $0.273.
Today marks the third consecutive day of losses for the cryptocurrency, which fell from a 2020 peak of over $0.343 down to its current value—equivalent to a loss of almost 19% in less than three days.
Shares of industry stalwarts Stratasys and 3D Systems have fallen around 90% from their 2014 highs, struggling to hang onto gains as the coronavirus pandemic put a strain on consumer demand. In the meantime, competitors Proto Labs and Materialise NV have seen their stocks soar, up almost 75% and over 92% in the same time frame.
Make sure you don’t run out of cash, find new business opportunities and complete funding rounds quickly — that’s the advice experts have for start-ups during the difficult times of the pandemic.
Entrepreneurs trying to build their businesses should try to understand how the coronavirus pandemic is going to shift behavior and adapt to that change, according to a senior executive at Sequoia Capital India.
Australia’s benchmark ASX 200 was up 1.53%, with all sectors trading higher.
In Japan, the Nikkei 225 index rose 1.45% while South Korea’s Kospi index added 0.62%.
Mainland Chinese shares traded mixed, with the Shanghai composite higher by 0.1%.
Markets in Singapore, India and Indonesia were shut due to public holidays.
China’s Hubei province said it has confirmed 1,933 new coronavirus cases and 100 more deaths as of Feb. 16.
American passengers quarantined on the Diamond Princess cruise ship in Japan began evacuating on Sunday.
Moderna would never put out data on its potential vaccine for the coronavirus that was different from “reality,” the biotech firm’s chairman told CNBC.
The company put out the extent of data it had available, Moderna Chairman Noubar Afeyan said.
