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Bitcoin suffers worst slump in months

Bitcoin dropped to trading levels not seen in more than three months on Friday, down 40% from its all-time high of $69,000 recorded in November, amid a broader sell-off for cryptocurrencies. The world’s number one digital currency fell at one point by as much as 3.7% to $40,938, its lowest …

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Disney & Boeing among worst stocks of 2021

Walt Disney, Verizon, and Boeing, as well as California-based biopharmaceutical firm Amgen and tech conglomerate Honeywell, were the worst stocks of 2021, according to stock market index Dow Jones. Disney and Verizon stocks saw double-digit percentage losses, while the other three firms booked losses in the single digits. Entertainment giant …

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Turkish lira just had its worst year in 2 decades

The Turkish lira ended 2021 by losing 44% of its value against the US dollar – 19% in the last week of the year alone. This was the lira’s worst performance since President Recep Tayyip Erdogan came to power nearly 20 years ago. The lira tumbled from 18.4 to 10.25 …

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Russian parliament could vote on worst catastrophe of 20th century

Representatives of the right-wing populist LDPR party submitted the resolution to the State Duma, the lower house of parliament, on Monday, proposing to send it to Russian President Vladimir Putin and to other authorities across the country. The document reads, “the Duma once more calls attention to the importance of …

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France marks its worst Covid day

A total of 91,608 new Covid-19 cases were confirmed in France on Thursday, the national Public Health Agency reported, adding that the absolute majority (97%) of new infections were caused by the Delta strain. The newly released numbers surpassed the two previous records that the nation saw in November 2020 …

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Worst company of the year named

More than 1,500 respondents of an open-ended survey on Yahoo Finance on December 4 were given dozens of alternatives to choose from, but Facebook beat them all. It received 50% more votes as the year’s worst company than the second-place finisher, Chinese e-commerce giant Alibaba. Some respondents complained about Facebook’s …

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100+ feared killed in ‘worst tornado outbreak’ in US history

The president officially declared a federal disaster emergency on Saturday afternoon after pledging the government’s “full support” to the devastated communities earlier in the day. Biden suggested the wrath of nature was “likely to be one of the largest tornado outbreaks in our history,” adding that his administration stood ready …

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UK detects first 2 cases of Covid strain it called ‘worst ever’

Health Secretary Sajid Javid announced on Saturday that the two cases had been discovered on Friday – one in Chelmsford and the other in Nottingham. The cases were “linked”, he said, adding that both patients were currently isolating at home. “This pandemic is far from over,” Javid said. “If there’s one …

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‘Worst ever’ Covid variant: What we know so far

The World Health Organization (WHO) on Friday named the B.1.1.529 variant of the novel coronavirus ‘Omicron.’ The new strain was previously referred to as the ‘Nu’ variant by scientists and journalists. Omicron has reached Europe, Asia and the Middle East, having spread rapidly across southern African nations over the past fortnight. …

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