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United Airlines (NYSE: UAL) stock is among the biggest losers as the coronavirus outbreak continues to sap demand for travel across the Asia Pacific and other parts of the world. The company has been cutting both domestic and international flights from its schedule over the past month; the United Airlines recently announced plans to cut…
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Apple (NASDAQ: AAPL) stock price resumed the uptrend after plummeting from an all-time high of $327 to $270 last week on coronavirus related concerns. China is among the key markets for Apple; the largest tech company has also established several manufacturing and production facilities in China over the past couple of years. The chief executive…
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Losses at luxury carmaker Aston Martin’s widened, shares plunged to record lows, and it announced plans to part with its finance boss following a £500m rescue deal last month. Fashion and Formula 1 billionaire Lawrence Stroll (pictured) led a consortium that saved the firm, which threatened to fall into bankruptcy for the eighth time in…
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Apple (NASDAQ: AAPL) stock price plunged sharply over the past two days amid renewed worries related to coronavirus spread all over the world. The stock retreats from $300 level as investors weigh up the financial loss for the first quarter due to the spread of the virus in China. Bulls are claiming that coronavirus impact…
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Investment for global fintech startups in 2019 was “just shy” of record levels 12 months before, despite trade tensions between China and the US and ongoing Brexit negotiations. Worldwide investors poured a total of $135.7bn into the sector across 2,693 deals last year, which “fell just shy of 2018’s record” of $141bn, according to the…
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Scarlet Lady, a 60,000-tonne cruise liner, was unveiled by British billionaire Sir Richard Branson today. The cruise ship is aimed at drawing in a younger generation. It comes complete with a yoga deck and a tattoo studio. Branson toasts to cruise success The launch of the luxury 17-deck liner may be viewed as poor timing…
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Tesla [NYSE: TSLA] stock price surged above $900 level amid the resumption of production activities in China. The stock price of the world’s largest electric car maker received support from price target hikes from key analysts. The company’s strategy of diversifying its product line along with its move towards profitability is adding to sentiments. Tesla…
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US households expect their spending power to rise at a slower rate over the next 12 months, as consumers prepare for what some economists say will be “a sluggish year”. Overall, the median forecast was for household spending to grow by 2.3 per cent over the next year as of December, down from the 2.8…
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When the term unicorn emerged back in 2013, there were no more than forty private companies with a market valuation of one billion dollars in the world. Over the last seven years, the number of these financial giants enlarged 15 times and jumped to nearly 600 in 2020. The ten largest unicorn companies in the…
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Investors fear that Apple (NASDAQ: AAPL) stock price rally could be halted by lower revenue and earnings guidance for the March quarter. The largest tech company says they are seeing stronger than expected impact of coronavirus attack on financial numbers. The company has extensive penetration in Chinese markets; it has also established several manufacturing facilities…
