The bulk of the capital will come from new shares issued to Aviation 2020, a company owned by the government, as well as a HK$7.8 billion bridge loan also from the government.
According to Financial Analyst and Cane Island Alternative Advisor Timothy Peterson, Bitcoin’s recovery in 2020 mirrors that experienced by the cryptocurrency in 2013.
A technical indicator is flashing a sell signal for Bitcoin. However, bullish predictions remain aplenty for the world's largest cryptocurrency.
U.S. stocks rose on Monday, building on last week’s rally.
Will JC Penney find a buyer? Sycamore Partners is interested in the retailer among others.
Chuck E. Cheese is looking to secure a $200 million loan to avoid filing for bankruptcy protection.
Brazil has one of the most brutal police forces in the world
The beginning of the recession effectively ended the 128-month expansion, the longest in history.
Dunkin' is hiring an additional 25,000 workers at restaurant locations across the U.S. Here's how to get a job with the coffee chain.
The deal is expected to reduce poverty in Vietnam
Retailers lost the spring selling season and now much clear out merchandise to make space for summer and back-to-school merchandise.
BP will cut 15% of its workforce this year as it looks to shift its focus toward renewable energy products.
Italy is one of the countries hardest hit by the pandemic
Americans were on track to pay off a significant portion of their $1 trillion credit card balance before the pandemic hit, triggering double-digit unemployment.
Another recall has been issued for the diabetes drug Metformin because it may contain high levels of NDMA - a cancer-causing ingredient. Here's what you need to know.
U.S. stocks jumped on Monday as OPEC agreed to extend historic output cuts
Europe’s largest economy is in recession
Escobar Inc.'s CEO claims Satoshi Nakamoto once worked for drug lord Pablo Escobar as his drug runner and then later hid and created Bitcoin in 2009.
American Airlines is urging more and more of its employees to retire before Sept. 30.
After getting out of the $215 range on May 28, Ethereum did not look back and is now poised to breach $250.
For BlockFyre founder Simon Dedic, the next bull run will return with Bitcoin leading the charge. However, only a handful of altcoins will join the crypto rally.
AstraZeneca has made preliminary moves to merge with Gilead Sciences and create one of the world's largest pharma companies.
There are over two million black-owned businesses in the U.S., according to census figures.
The drop in the May unemployment rate surprised economists, who cautioned it does not mean the economy is in full recovery mode.
While many families will get a larger check, retirees are more likely to see payments the same size as their first one.
Banks, it turns out, have a particularly significant role to play in these problems and their solutions.
The 13-member cartel and its allies, notably Russia, decided to extend by a month deep May and June cuts agreed in April to boost prices.
Democrats still want more bold stimulus measures for the U.S. economy, while Republicans may prefer a more modest approach after a decent jobs report in May.
A lot of time is spent analyzing testing options — using the available knowledge of symptoms and previous literature in order to pinpoint the exact genetic test to order.
When looked at together, these deaths leave patterns that tell important stories.