Saturday, February 27, 2021

Bitcoin mining profits skyrocketed 24pc

LONDON: United Kingdom bitcoin (BTC) mining operator Argo Blockchain surpassed its own expectations in Q2, the company said in a new report released on...

Fitch affirms 4 Georgian banks, outlook stable

London: Fitch Ratings has revised the Outlooks on Bank of Georgia’s (BoG) and TBC Bank’s (TBC) Long-Term Issuer Default Ratings (IDRs) to Positive from...

Most Gulf bourses fall; Saudi index up

DUBAI: Most major stock markets in the Gulf ended lower on Wednesday, pressured by losses in financial shares, although the Saudi index bucked the...

Messi says he wants to ‘put an end’ to Barcelona feuding

BARCELONA: Lionel Messi called for "an end" to arguments at Barcelona as he urged unity at the club he tried to leave before the...

Euro zone bank profitability may weaken on slowdown

FRANKFURT: Profitability across the euro zone bank sector is low and weakening growth could further dampen the sector’s prospects, European Central Bank Vice President...

Punjab govt fixes Rs40 fare for Lahore Orange Metro Train service

(Karachi) The Punjab government has approved Rs40 fare for the yet-to-be-inaugurated Orange Line Metro Train, after the chief minister rejected a transport department proposal...

Time for Bank of Japan to get aggressive

TOKYO: Once again, Haruhiko Kuroda has a bad case of Mario Draghi on the brain. The last time the Bank of Japan governor channeled...

Citigroup profit beats on investment banking boost

London: Citigroup Inc reported a better-than-expected quarterly profit, boosted by a surge in investment banking revenue and lower expenses. Investment banking revenue rose 20...

Thailand cave rescue: Rescuers weigh boys’ escape options

Rescuers are considering how best to bring to safety a group of boys trapped in a flooded cave network in northern Thailand. The 12 boys...

Tech shares lead as Wall Street monitors stimulus talks

NEW YORK: Technology shares led US stocks higher Thursday as markets weighed mixed economic data and the odds of a last-ditch effort in Washington...

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