Daily Management Review
Economics

Investors Reap ‘Huge Returns’ From IPO’s Newly Listed Stocks In 2020

This number demonstrate “stunning result” from a year that saw stocks plunging down due to the quick reach of COVID-19 pandemic as the globe economy went under lockdown in the spring following which they turned around to conquer “fresh highs”. The investors at Wall Street who put their money in...

Bitcoin Surge to Record High Of ‘$28,600’

The most popular of the cryptocurrencies in the world saw almost 50% surge once it broke the barrier of “$20,000 for the first time on Dec. 16”. On Wednesday, 30 December 2020, Bitcoin surged to a record high of “$28,599.99” as digital currencies multiplied four times in value this year whereby...

Canada’s NDP Criticise Clean Fuel Laws

The most vulnerable ones to face the effect of “energy poverty”, informs the analysis, are the “single mothers and seniors living on fixed incomes”. New Democratic Party, in short NDP, is the opposition “left-leaning” party of Canada which criticized the newly unveiled standards for clean fuel...

Need For ‘More Deals’ Within Brexit Deal?

Fishermen of France are facing uncertainties with the new Brexit deal, notes worries mayor of major fishing port of France. Even after the trade deal of Brexit, the fisherman of France face uncertainties, noted the “mayor of the major northern fishing port of Boulogne-sur-Mer”. The Prime Minister...

A Major Investment Deal Between China And The EU Likely Very Soon: Reports

A long awaited business investment deal will soon be reached between the European Union and China, claimed reports quoting sources with knowledge of the matter.   The reports claimed that the deal will be finalised within this current week and will help in granting companies of the EU...

Analysts: 2020 is the worst year for the oil industry in 10 years

The Wall Street Journal reports that 2020 has been the worst year for oil companies in at least a decade. In the first nine months of this year alone, oil producers were forced to write down about $145bn worth of assets. To compare, during the same period in 2015, when oil quotations fell by half...

Sbercoin, New Cryptocurrency of Sberbank?

The largest Russian lender is set to bring out its “own cryptocurrency”. Sberbank is the largest bank of Russia. While is reports are to be believed, the largest Russian lender is set to bring out its “own cryptocurrency”. The new cryptocurrency is likely to be called as “Sbercoin”, while the chief...

UK And EU Finally Arrive At A Brexit Trade Deal

Just seven days before the exit of the United Kingdom from the European Union, a much awaited trade deal was achieved between the two trading partners, even though a narrow one on Thursday.   This deal ensures that the trade between the two parties which amounts to almost $1 trillion...

Brexit Trade Deal Very Close As EU And UK Hash Out Final Details: Reports

It reports emerging out of London and Brussels are to be believed, the two parties are close to clinching a Brexit trade deal.     On Thursday, the final details of a post-Brexit trade deal were chalked out by the European Union and United Kingdom and the negotiators hoped that they...

Saxo Bank: Oil may fall in price by 10% due to new COVID-19 strain

Ole Hansen, Head of commodity strategy at Saxo Bank, believes that the emergence of a more contagious strain of coronavirus could result in a drop in oil prices due to possible new lockdowns. By the evening of December 23, Brent crude was trading at $51 a barrel on London's ICE exchange, but in the...
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