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ECB profit falls by 30% in 2020

ECB profit falls by 30% in 2020

The European Central Bank profits in 2020 declined by 30% in comparison with 2019, mainly due to lower returns on its US dollar portfolio. The ECB profit fell to €1.6 billion ($1.93 billion), from €2.4…

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Instagram’s privacy updates for kids are positive. But plans for an under-13s app means profits still take precedence

Instagram’s privacy updates for kids are positive. But plans for an under-13s app means profits still take precedence

Facebook recently announced significant changes to Instagram for users aged under 16. New accounts will be private by default, and advertisers will be limited in how they can reach young people. The new changes are…

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Oil Tumbles Almost 4% on China Concerns By Investing.com

Oil Tumbles Almost 4% on China Concerns By Investing.com

© Reuters. By Barani Krishnan  Investing.com — When China sneezes, everything else catches a cold, apparently.  On Monday, it was oil. Crude oil prices tumbled almost 4% after China’s factory activity growth — measured by…

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4 ways extreme heat hurts the economy

4 ways extreme heat hurts the economy

Summer 2021 will likely be one of the hottest on record as dozens of cities in the West experience all-time high temperatures. The extreme heat being felt throughout many parts of the U.S. is causing…

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Oil prices fall on worries over China economy and higher crude output By Reuters

Oil prices fall on worries over China economy and higher crude output By Reuters

© Reuters. FILE PHOTO: A petrol station attendant prepares to refuel a car in Rome, Italy, January 4, 2012. REUTERS/Max Rossi/File Photo By Jessica Jaganathan SINGAPORE (Reuters) -Oil prices fell on Monday on worries over…

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Mark Zuckerberg wants to turn Facebook into a ‘metaverse company’ – what does that mean?

Mark Zuckerberg wants to turn Facebook into a ‘metaverse company’ – what does that mean?

Mark Zuckerberg wants to reinvent Facebook. He has been telling analysts and journalists that he wants the company to lead the way to a completely different internet. He said: In the coming years, I expect…

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Muscles are important, but stiff tendons are the secret ingredient for high-speed performance

Muscles are important, but stiff tendons are the secret ingredient for high-speed performance

The fastest sprinter is the world right now is Lamont Marcell Jacobs, who won Olympic gold in the men’s 100-metre sprint with a time of 9.80 seconds. You might be surprised to learn that most…

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FCA to expand UK footprint as part of new strategy

FCA to expand UK footprint as part of new strategy

Regulator’s priorities will include climate risk disclosures and financial sector diversity by : Source link

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Precious Metals & Energy – Weekly Review and Calendar Ahead By Investing.com

Precious Metals & Energy – Weekly Review and Calendar Ahead By Investing.com

© Reuters. By Barani Krishnan Investing.com — Gold settled up for the week and month as a Federal Reserve standing resolute against any immediate talk of stimulus tapering or rate hike restored some shine to…

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Five key reasons why basic income support for poor South Africans makes sense

Five key reasons why basic income support for poor South Africans makes sense

The basic income grant debate has been rumbling in South Africa for two decades, ever since the grant was recommended by the Committee of Inquiry into a Comprehensive System of Social Security for South Africa…

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