economy

Does money grow on volcanoes? El Salvador explores bitcoin mining

El Salvador’s President Nayib Bukele said on Wednesday that he has instructed state-owned geothermal electric firm LaGeo to develop a…

4 years ago

Payments startup Marqeta valued at over $17 bln in Nasdaq debut

Shares of Marqeta Inc (MQ.O), which provides payments services to customers including Uber Technologies Inc (UBER.N) and DoorDashInc, rose more…

4 years ago

UPS shares fall as investors fret over post-pandemic growth plan

United Parcel Service Inc (UPS.N) shares fell as much as 6% on Wednesday as the company known for delivering everything…

4 years ago

Detroit Three automakers will continue to require facial coverings

Detroit’s Big Three automakers and the United Auto Workers (UAW) union said on Wednesday that workers will continue to be…

4 years ago

Morgan Stanley appoints E*Trade leaders to top wealth division jobs

Morgan Stanley (MS.N) appointed several executives from E*Trade to senior roles on Wednesday in a leadership shuffle that brings leaders…

4 years ago

U.S. Fed’s reverse repo volume surges to record half a trillion dollars

The Federal Reserve's reverse repurchase window on Wednesday took in $503 billion in cash, hitting a record peak for a…

4 years ago

Exxon’s board shakeup could force review of billions of dollars in spending

The recent overhaul of Exxon Mobil Corp's (XOM.N) board of directors could shift billions of dollars in spending and strategy…

4 years ago

Gas Industry Should Embrace Innovative Learning Technologies, says eCom Scotland

The gas industry’s professional engineering institution, the Institution of Gas Engineers and Managers (IGEM), held its inaugural safety conference on…

4 years ago

Pandemic seen driving southeastern Europe warehouse boom

Logistics and warehouse companies are accelerating expansion plans in southeastern Europe where business is expected to boom as the pandemic…

4 years ago

Inditex ignited by post-lockdown clothing binge

Spanish fast fashion giant Inditex (ITX.MC) said sales in May and so far in June were twice as high as…

4 years ago