APN News

  • Thursday, March, 2021| Today's Market | Current Time: 11:54:13
  • European Logistics Investment Soared to $46.5 Billion in 2020, Highest in Seven Years

    Thanks to the growth of online shopping, there was a record level of logistics investment in Europe in 2020. According to the research data analyzed and published by Comprar Acciones,  eCommerce growth in Europe drove logistics investments up to €38.64 billion ($46.5 billion) in 2020. It was the highest figure on record since 2013 and […]

    TSMC Stock Up 121% YoY Following 25% Revenue Uptick in 2020

    Thanks to an upsurge in demand for notebook PCs, 5G smartphones and high-end PCs, Taiwan Semiconductor Manufacturing Co. (TSMC) had a blockbuster year in 2020. According to the research data analyzed and published by Stock Apps, TSMC’s net revenue soared by 25.2% to NT$1,339.26 billion ($47.78 billion) in 2020. It was the highest annual revenue […]

    Top ten global banks lost $23 billion in brand value in 2020, HSBC, Citi biggest losers

    Data researched by Trading Platforms UK indicates that the top ten international banks cumulatively lost $23.01 billion in brand value in 2020. The banks recorded a total brand value of $98.12 billion, representing a drop of 18.99% compared to 2019’s $121.13 billion figure. HSBC biggest loser in brand value  HSBC had the highest brand value […]

    Garware Technical Fibres net profit before tax increases by 54.1% in Q3 FY21

    Pune: Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, today announced its financial results for the Quarter and Nine months ended December 31, 2020. Consolidated: Q3 FY21 Highlights: Net Sales increased by 18.1% to Rs. 278.43 Cr in Q3 FY21 as compared to […]

    Bosch Limited registers 12.1 percent profit before tax (before EI) in Q3 FY 2020-21

      Total revenue from operations has increased by 19.4 percent in Q3 of FY 2020-21 over the same period of previous year. „  Profit after Tax (PAT) stood at 6.1 percent of total revenue from operations.  „  Bosch stays invested in future with strategic investments in e-mobility and connected services. „  At the peak of […]

    Ethereum’s Daily Trading Volume hit $48.2B, a 220% Increase YoY

    As the second-largest cryptocurrency globally, Ethereum witnessed impressive growth in the last year, both in terms of market cap and daily trading volume. According to data presented by AksjeBloggen.com, Ethereum’s daily trading volume hit $48.2bn this week, a 220% increase year-over-year. Daily Trading Volume hit an All-Time High in January As one of the first […]

    Mini Ratna Conferred (Category-I) Central Public Sector Enterprise, RailTel Corporation of India Limited to open its initial public offering on February 16, 2021; sets Price band of ₹ 93-₹ 94 per Equity Share

    Chennai: RailTel Corporation Of India Limited (“RailTel”), one of the largest neutral telecom infrastructure providers in the country (Source: CRISIL Report “Assessment of the telecom and telecom data services industry in India” dated September 2020) owning a Pan-India optic fiber network covering several towns & cities and rural areas of the country; will open the […]

    41% of Investors Confident Costco to Grow Most out of US Consumer Staples Companies by 2025

    US consumer staples companies posted impressive numbers for 2020 despite the pandemic causing disruptions in many economies. The strong performance of their stocks also has led to an increase in investor confidence with many expecting the top consumer goods companies to grow in the next five years. According to data presented by Trading Platforms, 41% […]

    Google Play Hit 108.5B Downloads and $38.6B in Revenue in 2020, a 30% Jump in a Year

    The year 2020 has witnessed an impressive growth of the global app market, with millions of people spending more time indoors and online amid the coronavirus lockdown. As one of the two largest distribution channels for mobile apps, Google Play has witnessed new records in revenue and the number of downloads. According to data presented […]

    Bitcoin’s growth leads to 20x higher transaction fees as mining power grows by 38%

    Data presented by cryptocurrency trading simulator Crypto Parrot indicates that Bitcoin’s fees per transaction has grown at least 20 fold. The growth was recorded between February 2020 and February 2021 on a 30-day average. Rising transaction fees correlates with increase in BTC price   In February last year, the fee was at $0.6, while on February […]