Markets

YouTube suspends Trump’s channel for at least a week

YouTube suspends Trump’s channel for at least a week YouTube has temporarily suspended outgoing President Donald Trump's official channel for violating the platform's policies and pulled down a video following the riots that took place in Washington , D.C., on January 6. YouTube said that the channel had its "1st strike" and comments would be indefinitely disabled on the channel. Instead, the Google-owned service introduced a new strike p... [Full Article...]

Controversial Aussie cheese gets new name

Controversial Aussie cheese gets new name The brand, which was first sold in 1935, had long resisted calls for change and defended its historical origins of being named after American cheesemaker Edward William Coon, who patented a cheese ripening process. "CHEER Cheese is a cheese for everyone and we trust our valued customers and those who are new to our product will embrace this new name". During last year's Black Lives Matter protes... [Full Article...]

Walmart creates new financial services company with Ribbit Capital

Walmart creates new financial services company with Ribbit Capital The new company expects to grow through acquisitions and partnerships. Commenting on the dive into fintech, Walmart US's President and CEO, John Furner , said: "For years, millions of customers have put their trust in Walmart to not only save them money when they shop with us but help them manage their financial needs". [Full Article...]

Petrol touches new high of ₹84.45 in Delhi, crosses ₹91 in Mumbai

Petrol touches new high of ₹84.45 in Delhi, crosses ₹91 in Mumbai On January 7 , the price of petrol in Delhi reached a record Rs 84.20 per litre. The oil companies increased the prices of both fuels on 06 and 07 January after prices remained stable for 29 days. Alongside, state-owned fuel retailers cut prices by another Re 1 a litre, which they recouped later. Across the country as well the pump price of petrol and diesel increased on Wednesday but the qua... [Full Article...]

Sony Enters Drone Arena With Airpeak

Sony Enters Drone Arena With Airpeak Throughout the video, you can see Airpeak capturing aerial shots during a road test of Sony's Vision-S - the concept vehicle it randomly launched at last year's CES. To prove Sony's intentions to help support creativity to the fullest extent, the company also provided footage of Airpeak in action. All of this begs the question: Why would a company invest so much money, time, and reso... [Full Article...]

Saudi Aramco cuts Feb crude supply to some Asian refiners, sources say

Saudi Aramco cuts Feb crude supply to some Asian refiners, sources say The oil report pointed to a 5.82-million-barrel decline in inventories for the week ending January 8th, compared to a baseline forecast of a 1.66-million-barrel drop. In Shijiazhuang, the provincial capital and epicenter of the new outbreak, people and vehicles are barred from leaving, as authorities seek to rein in the spread. [Full Article...]

Deutsche Bank, Signature Bank cut ties with President Trump

Deutsche Bank, Signature Bank cut ties with President Trump Trump's primary lender for two decades, has decided not to do business with Mr. Trump or his company in the future, according to a person familiar with the bank's thinking". A Capital One spokesperson said the bank does not discuss current or former customer relationships. The bank's representatives didn't respond to a message seeking comment. [Full Article...]

Stocks slip on virus fears, US yields continue to climb

Stocks slip on virus fears, US yields continue to climb The pan-European STOXX 600 index lost 0.67%. The US dollar fell on Tuesday and pulled back from its 3-week high while on track for its first loss in 5 days due to profit-taking, but today's loss are curbed by the high yields of the US 10-year Treasury bonds. [Full Article...]


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