Layoffs Perversely Bump U.S. Steel Stock 10% in Pre-Market Boost

Layoffs Perversely Bump U.S. Steel Stock 10% in Pre-Market Boost

TwitterFacebookLinkedIn Pink slips are turning US steel stocks green. | Source: ShutterstockBy CCN Markets: News of impending layoffs at some U.S. Steel Corporation plants has been greeted warmly by the market. In pre-market hours, the price of the stock has gone up by over 10 percent to reach a unit price of $12.43. At the…

Nigerian Blockchain Experts Believe Crypto Can Boost African Economy

Nigerian Blockchain Experts Believe Crypto Can Boost African Economy

TweetShare When we talk about worldwide crypto adoption, one of the most untapped places in the world is Africa. Nigerian blockchain experts have called for greater regulation of cryptocurrency on the African continent to strengthen the sector in the region and to help boost the economy. Although most crypto-fanatics will pour scorn on any talk…

Australian Government Invests in Crypto Startup for ‘Bitcoin Boost’ for Tourism

Australian Government Invests in Crypto Startup for ‘Bitcoin Boost’ for Tourism

Advertisement The government of Queensland, Australia’s second largest and third-most populous state, is backing a local crypto payments startup that officials believe will help boost tourism in the state. In an announcement on its official website on Wednesday, the Queensland government revealed details of an AUD$8.3 million grant given to 70 domestic companies looking to…