Day: June 5, 2020

Jun 05
Stocks, Futures Resume Rally; Dollar Extends Loss

Stocks climbed alongside U.S. futures as investors cheered fresh stimulus measures to aid the global economy, while awaiting the latest American job figures. The dollar headed for the biggest weekly drop in two months. Stocks Futures on the S&P 500 Index gained 0.8% as of 8:10 a.m. London time. The Stoxx Europe 600 Index rose […]

Jun 05
CoinMarketCap Introduces a New Algorithm Update

CoinMarketCap has been making changes to its algorithm since it was acquired by Binance. The new update that have been just implemented is to replace the previous default ranking of exchanges by Web Traffic Factor. The previous default ranking of exchanges was only an intermediate step in the development of this comprehensive solution. The new […]

Jun 05
Oil Prices rose on Friday as awaiting OPEC meeting

Oil prices rose on Friday after OPEC decided to move up discussions on whether to extend record production cuts to Saturday, indicating that some laggard countries may have agreed to align themselves with the deal. Brent crude futures were up 95 cents, or 2.4 per cent, at $40.94 a barrel as of 0920 GMT, after […]

Jun 05
MoneyGram signs payment partnership with Saudi Arabia’s local bank

MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced that it has entered into a strategic partnership with Al Rajhi Bank, the largest Islamic bank in the world, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia. The partnership covers […]