Following the announcement by Chinese authorities about a crackdown on bitcoin mining and trading, crypto currency miners have halted their China operations. The crypto currency mining firms include HashCow and BTC.TOP. This decision hit the value of the digital currencies in the backdrop of...

With the easing of pandemic restrictions and with the stimulus checks from the United States government ending, major banks in the US are getting ready to see an uptick in credit-card balances again this year which now puts the banking industry for a surge in one of its most profitable businesses....

Sales of coronavirus vaccines have allowed nine owners of the companies that produce them to make billions, CNN reports. The biggest boost from vaccines was received by Moderna US CEO Stephane Bancel and BioNTech CEO Ugur Shaheen, who developed the vaccine with Pfizer. Both are now worth around...

According to Daimler Truck Chief Executive Martin Daum, in the next 15 years, about half the jobs at Europe's truck engine plants will be lost because of the transition to zero emission fuel cell trucks.   Daum consequently urged policymakers to take preparations for that eventuality...

The banking watchdog of the European Union said that there needs to be greater urgency among banks of the region to close down the gaps currently existing in the current way of disclosure of their green credentials.   A framework of how banks of the bloc would have to publish a ground...

Airlines using Airbus’ smallest jet, the A220, will now have the option of open more niche routes internationally because the European plane maker is pushing ahead with its plans to plans to increase the range of the craft, said reports quoting the newest operator of the planes.   There were...

One of the major impediments for the widespread use of electric cars is the absence of charging stations in many countries where there is a demand for such vehicles such as in Europe.   In order to solve this problem, the United States based electric vehicle maker Tesla has struck a...

Tencent, the largest gaming company by revenue, reported better than analysts' forecasts for the first quarter of 2021. The Chinese IT corporation's net profit rose 65 percent year-on-year to 47.77 billion yuan ($7.42 billion). Analysts polled by Refinitiv expected this figure to be around 35.5...

Germany's corporate sector crisis is far from over and one of Europe's key economies could face a spike in a string of bankruptcies in the next few months, according to a study by insurance firm Coface. Using a special predictive model, Coface analysts estimated that around 4,000 non-viable...