South African blockchain peer-to-peer renewable energy platform Sun Exchange obtained a $3 million investment from ARCH Emerging Markets Partners, thereby closing its $4 million Series-A funding round, according to a statement issued today. Sun Exchange allows international clients to buy remotely-located solar cells — either with Bitcoin (BTC) or South African Rand — and then
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National Commodity and Derivatives Exchange Limited (NCDEX) is set to publish two national-level rainfall-based indices on June 10, 2020 that would track the systematic rainfall movement in the country – the Indian Monsoon Index (Cumulative Monsoon Index) and Indian Rain Index (Monthly Cumulative Rainfall Index). NCDEX has partnered with Skymet Weather Services Private Limited, which
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Macy’s at Valencia Town Center Mall opens for curbside pickup service during COVID-19 outbreak on May 21, 2020 in Santa Clarita, California. Robin L Marshall | Getty Images Macy’s shares soared Tuesday as the company released its preliminary financial results, saying it is regaining customers at reopened stores much quicker than it expected.  With the retailer’s stores
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NEW DELHI: Gold and silver prices slipped on Tuesday, bucking the trend in global bullion markets as equities continued to rally on hopes of swifter recovery in the markets. Total number of Covid-19 patients in India reached over 2.6 lakh while fatalities climbed to 7,300 levels. This is despite India having enacted strictest lockdown in
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Asian markets are relatively quiet as another week starts. There is no follow through from Friday’s strong rally in the US. Trade data from China released over the weekend also provide little inspirations. There is also practically no reaction to the massive global “Black Lives Matter” protests, nor intensifying US-China spats. NASDAQ hit new intraday
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DUBAI/LONDON/MOSCOW: Saudi Arabia will boost output in July to match its output Opec quota while ending deeper, voluntary cuts amid signs of global demand recovering, the Saudi energy minister said on Monday. Opec, Russia and other producers agreed on Saturday to extend record output cuts of 9.7 million barrels per day (bpd) into July, curbing
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USD/CAD fell below 1.3400 during the American trading hours. US Dollar Index is posting modest daily losses below 97.00. Crude oil selloff caps commodity-sensitive CAD’s gains on Monday. The USD/CAD pair spent the first half of the day moving sideways near 1.3400 but lost its traction during the American trading hours and fell to its
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