International Economic
US durable goods orders up in May, jet orders jump
Orders in the US for goods made to last more than three years continued growing at a steady clip last month, helped by strong demand from the transportation sector.
E-Mart buys eBay's South Korean business for $3bn
South Korean retailer Shinsegae Group's E-Mart announced on Thursday it plans to acquire an 80% stake in eBay’s South Korean business for $3bn.
US initial jobless claims slip lower, secondary claims down again
US jobless claims continued to slip lower during the latest week especially those not being filed for the first time, in a potentially positive signal for the next monthly non-farm payrolls report.
'Bitcoin worth nothing', says analyst who predicted 2008 financial crisis
Nassim Taleb has once again charged against bitcoin. Author of 'Black Swan' and one of the men who predicted the 2008 global financial crisis, Taleb claims that the leader of the cryptos is worth nothing and there is no evidence to support the usefulness of blockchain.
Mining bitcoin easier and more profitable thanks to China's snub
China has been one of the great detractors of bitcoin, but what many do not know is that its snub can make its mining easier and even more profitable.
German business sentiment hits best level since April 2018 - Ifo
German business sentiment improved more than expected in June as Covid restrictions were eased, reaching its best level since April 2018, according to a survey released on Thursday by the Ifo Institute.