On Monday Nasdaq futures jumped as markets geared up for a busy week of earnings from mega-cap technology companies, against the backdrop of rising hopes for a fiscal package from the Biden administration.
On Monday european stocks rose as gains in technology shares and upbeat earnings reports helped investors look past the possibility of extended lockdowns as many countries grapple with new Covid-19 variants.
E-commerce and social media have shaken up the retail industry and raised the stakes for companies trying to sell to the increasingly price-conscious China’s consumer. Locals often choose foreign brands for better quality and design, even if it means paying a higher price or facing difficulties buying the products in China.
Apple is planning to release a new lighter and thinner MacBook Air that will launch in the second half of 2021 or early 2022, according to Bloomberg. The report said Apple will plan to market the device as a higher-end version of the current MacBook Air, which Apple released in November with its new M1 processor.
Gold prices fell 0.29 per cent to Rs 49,304 per 10 gram today as participants offloaded their holdings on low spot demand. On the Multi Commodity Exchange, gold prices for February delivery declined by Rs 144, or 0.29 per cent, to Rs 49,304 per 10 gram in a business turnover of 5,435 lots.
UK retailers struggled to recover in December from a partial Covid-19 lockdown the previous month, marking a weak end to their worst year on record, while public debt climbed to its highest since 1962, official data showed today.
Iraq has reduced annual supplies of Basra crude oil to several Indian refiners by up to 20% for 2021, industry sources said, in a rare move by OPEC’s second-largest producer which is trying to meet its obligations under the group’s production deal.