Category Finance News

China orders public sector to replace foreign PCs

(Bloomberg) — China has ordered central government agencies and state-owned companies to replace foreign-brand PCs with domestic alternatives within two years, marking one of Beijing’s most aggressive efforts yet to eradicate the key foreign technology of its most sensitive organs.…

Oil rises amid lingering supply concerns

By Rowena Edwards LONDON (Reuters) – Oil prices rose for a third straight session on Friday, shrugging off concerns about global economic growth, while looming European Union sanctions on Russian crude raised the prospect of tighter supply. . * Brent…

Ephemeris of May 6

1961: George Clooney, American actor, was born. 1997: The Organization for the Prohibition of Chemical Weapons is established in The Hague. 2002: The Palestinian National Authority (PNA) and Israel reach an agreement that ends a 35-day siege of the Basilica…

Bitcoin falls 8% as Fed optimism fades

(Bloomberg) — Bitcoin posted its biggest drop in nearly a month on Thursday, as optimism seen in financial markets faded following Wednesday’s Federal Reserve meeting. The most popular cryptocurrency fell as much as 8% to $36,639, posting its biggest intraday…