Day: August 23, 2022

Aug 23
UPDATE: Xpeng shares dip premarket after Chinese EV maker’s Q2 loss is wider than expected

Xpeng Inc. shares XPEV, -9.76% fell 3% in premarket trade Tuesday, after the Chinese electric vehicle company . Xpeng posted a loss of RMB778.1 million ($116.2 million) for the quarter to June 30, narrower than the loss of RMB1.619 billion posted in the year-earlier period. Excluding non-recurring losses, the EV maker had a loss of […]

Aug 23
Coronavirus tally: Pfizer and BioNTech formally apply for FDA nod for bivalent COVID booster for people aged 12 and older

Pfizer PFE, -2.21% and BioNTech BNTX, -0.11% have formally completed an application asking the Food and Drug Administration to authorize their experimental bivalent COVID-19 booster in those who are 12 years old or older. The new shot equally targets the original strain of the virus and the BA.4 and BA.5 strains, the latter of which […]

Aug 23
Forex Technical Analysis & Forecast 23.08.2022

EURUSD, “Euro vs US Dollar” Having completed the descending wave at 0.9950, EURUSD is consolidating below this level. Possibly, the pair may break the range to the downside and start another decline with the target at 0.9860. After that the instrument may grow to test 0.9950 from below and then resume falling to reach 0.9800. […]

Aug 23
The Aussie is trying to recover. Overview for 23.08.2022

After being sold for several trading sessions in a row, AUDUSD is trying to rebound. The Australian Dollar is trying to revive the positive momentum against the USD on Tuesday. The current quote for the instrument is 0.6865. Not to say the Aussie is looking bad or insecure in comparison to other traded currencies – […]

Aug 23
Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane

Bitcoin (BTC), the world’s most-valued cryptocurrency, has the potential to be a significant energy consumer in the future, but only if it reaches several million dollars, according to new estimates by Arcane Research. Crypto research and analytics firm Arcane Research on Monday released a report estimating the development in Bitcoin’s energy usage toward 2040. Authored […]

Aug 23
Pfizer and BioNTech say COVID vaccine data showed 73.2% efficacy among children aged 6 month to 4 years

Pfizer Inc. PFE, -2.19% and German partner BioNTech SE BNTX, +0.02% on Tuesday announced updated COVID vaccine data supporting efficacy in children aged 6 months through 4 years of age. The companies said updated analysis from 34 cases occurring at least seven days after a three-dose regimen showed 73.2% vaccine efficacy among children in that […]

Aug 23
Central Bank of Ireland Issues Warning on Unauthorised Firm – Northstate

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Northstate (Commonwealth of Dominica), formerly operating the website www.northstate.io, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. A list of unauthorised […]

Aug 23
Central Bank of Ireland Issues Warning on Unauthorised Firm – Allconi Bank Administration Limited

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that Allconi Bank Administration Limited (Ireland) – https://www.allconi-bank.eu.com (no longer in operation) – has been holding itself out as a banker in the State in the absence of an appropriate authorisation. A list of unauthorised firms published to date is available […]

Aug 23
Central Bank of Ireland Issues Warning on Unauthorised Firm –   Fraudulent entity clones authorised firm Great American International Insurance (EU) DAC

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm in order to deceive […]

Aug 23
Central Bank reinforces consumer protection expectations of regulated financial firms providing Direct Debit services

The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]