November 30, 2020 at 11:14PM
Saudi Arabia and the UAE move closer with plan to launch a digital currency
Saudi Central Bank (SAMA) and Central Bank of the Unitd Arab Emirates (UAE) have issued a joining report on
the benefits of using a distributing payment system over a centralized payment structure.
November 30, 2020 at 10:45PM
Leaked documents provide insight into Chinas cover-up of the early days of the Wuhan coronavirus outbreak
CNN says they have unearthed a report marked "internal document, please keep confidential" with information on China’s early days of COVID-19 fraud.
November 30, 2020 at 10:33PM
Australia – ANZ-Roy Morgan Consumer Confidence 107.5 (prior 104.5)
Up 2.9% w/w and to its highest since March 1 this year.
November 30, 2020 at 10:21PM
Tesla will be added to the S&P500 at full float-adjusted market cap weight
S&P announcement of inclusion.
The stock being removed to make way will be announced on December 11
With COVID-19 case counts on the rise and shutdowns going back into effect in an increasing number of states, the already rocky road restaurants had ahead of them looks to have gotten more treacherous. Which, in turn, has made more restaurateurs discover more novel approaches to serving their customers.
Here are some the latest developments:
New data released by the Independent Restaurant Coalition indicates that one in six U.S. restaurants already has closed for good — and the number that have closed due to COVID-19 could grow to one-third by year’s end.
The National Restaurant Association called October’s sales decline a “troubling sign for the industry.” With new indoor dining restrictions currently being reimposed in some jurisdictions, the group said that “it becomes clear that the winter months will represent an extremely challenging period for restaurants that rely on on-premises business.”
Outback Steakhouse has rolled out a new “curbside concierge” for holiday gift-card shopping that will allow customers to call ahead or go to their nearby restaurant and drive to a set gift-card drive-up parking spot with the service. A member of the restaurant team will then go to the vehicle to finish the gift-card purchase.
“Outback Steakhouse created curbside take-away in early, and now we’ve applied that concept to gift cards just in time for the holidays,” Outback Chief Marketing Officer Danielle Vona said in announcing the initiative. “Our goal is to create a ‘no worries’ experience this holiday shopping season, whether you’re out and about or staying cozy inside.”
Online food-delivery service HungryPanda has snapped up an additional $70 million in funding following a $20 million round earlier this year.
The new financing, a Series C round, is aimed at “accelerating” the growth of the company, particularly in the United States. “The U.S. is strategically important to us, and it will be our primary focus in 2020,” Eric Liu, CEO of HungryPanda, said of the investment. “We bring global experience and expertise in this market.”
Arma Partners acted as the exclusive financial adviser for the deal.
Selected by Fintech Tube
November 30, 2020 at 10:30PM
Bitcoin pushed to a new all-time high on Monday as it topped the previous intraday high of $19,783 set on December 18, 2017. With a new peak established, can BTC/USD push higher? Continue Reading…