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Author Archives: Top News Editor

Eurozone GDP Growth To Remain Strong: EU

Euro area is set to log strong growth this year, but the momentum may moderate slightly as monetary stimulus is gradually withdrawn and global trade growth eases somewhat, the European Commission said. In the Spring forecast released Thursday, the executive ...

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Crypto Lexicon – FLIPPENING

FLIPPENING refers to a point of time in future when Bitcoin may be dethroned as the top cryptocurrency by an altcoin such as Ethereum. This could happen once the values of altcoins stop being based on that of Bitcoin, thus ...

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UK Service Sector Logs Moderate Rebound In April

The UK service sector rebounded in April following the snow disruptions seen in March, but the latest upturn was one of the weakest since late 2016, survey data from IHS Markit showed Thursday. The IHS Markit/Chartered Institute of Procurement & ...

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Cryptocurrency Daily Roundup – May 2

Cryptocurrency prices are moving higher Wednesday morning, extending the rebound witnessed since mid-Tuesday. Markets are looking for a breakout in Bitcoin towards the $10,000 mark. The top cryptocurrency had its best month since December in April, data showed. In other ...

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Eurozone Q1 GDP Growth Slows; Weakest Since Mid 2016

Euro area expanded at a slower pace in the first quarter, largely due to temporary factors like weather, official data showed Wednesday. A private survey revealed that the manufacturing sector in the currency bloc grew at the slowest pace in ...

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