UK inflation unexpectedly surges to 2.1% in May as Brits splurge after lockdown – and economists think prices have further to rise

Rising clothes prices helped push up inflation in May after non-essential stores reopened. Karwai Tang/Getty Images UK inflation unexpectedly jumped to 2.1% in May as the economy reopened, data showed Wednesday. The reading was above analysts’ expectations and higher than the Bank of England’s 2% target. Economists say prices have further to rise as more … Read more

Patient Monitoring Devices Market Size Worth $73.46 Billion By 2028: Grand View Research, Inc.

SAN FRANCISCO, June 15, 2021 /PRNewswire/ — The global patient monitoring devices market is expected to reach USD 73.46 billion by 2028 and is projected to grow at a CAGR of 8.8%, according to a new report by Grand View Research, Inc. The growth is attributed to technological advancement in patient monitoring devices as well as the increasing … Read more

Wacaco’s new Picopresso will delight specialty coffee lovers

HONG KONG, June 15, 2021 /PRNewswire/ — Worldwide leader in portable espresso makers, Wacaco Company Ltd, is bringing their most compact and pro-oriented portable espresso machine to market. The Picopresso is a high end manual espresso machine based on Wacaco’s patented and groundbreaking piston-driven espresso machine technology, as seen in the Picopresso’s predecessors the Nanopresso (released … Read more

Dedrone Achieves CPNI Certification for Second Year Running

SAN FRANCISCO, June 15, 2021 /PRNewswire/ — Airspace security technology leader Dedrone has been awarded certification from the U.K. Centre for the Protection of National Infrastructure (CPNI) for its counter-drone technology platform DedroneTracker™ for the second time, following Dedrone’s successful certification in 2019. DedroneTracker detects, identifies, and locates drones by using multi-sensor capability combining radio frequency, radar, … Read more

Jamie Dimon says JPMorgan has stockpiled $500 billion in cash that it will look to invest as inflation picks up

JPMorgan CEO, Jamie Dimon. Brian Snyder/Reuters JPMorgan chief executive Jamie Dimon said on Monday the investment bank is sitting on $500 billion in cash in anticipation of higher inflation. It has been “effectively stockpiling more and more cash” in anticipation of investing at higher rates rather than putting money into Treasuries and other investments now, … Read more

Bitcoin surges near $40,000 after Elon Musk says Tesla will resume crypto payments when mining is cleaner

Marco Bello/Win McNamee/Getty Images Bitcoin traded above $39,000 for a second day on Monday after Elon Musk tweeted Tesla would accept payment in cryptocurrency again once mining can be done using cleaner energy. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” the … Read more

Rep. Pramila Jayapal wants to ban lawmakers from trading stocks – and will introduce a bill that does exactly that

Rep. Pramila Jayapal, a Washington Democrat, will again team with Sen. Elizabeth Warren in an effort to ban congressional lawmakers from buying and trading. individual stocks. Tom Williams/CQ-Roll Call, Inc via Getty Images Jayapal’s vow follows a similar promise by Sen. Elizabeth Warren. Rep. Scott Franklin recently sold up to $165 million in stock. Sen. … Read more

FICO UK Credit Market Report April 2021: End of Lockdown Increases Credit Card Spend 12 Percent

LONDON, June 14, 2021 /PRNewswire/ — Highlights Second consecutive month increase in credit card spend – 12 percent – and the largest monthly increase for over two years Percentage of payments to balance increased for the first time since December, by 3 percent The percentage of accounts exceeding their limit increased for the first time since … Read more

CEBINA announces the launch of Danube Labs, a partnership with Evotec to develop cutting edge biotechnology projects sourced from Central and Eastern European Universities and Research Institutions

VIENNA, June 14, 2021 /PRNewswire/ — CEBINA GmbH, Central European Biotech Incubator and Accelerator, today announces the launch of Danube Labs, a partnership with Evotec SE (Frankfurt Stock Exchange: EVT MDAX/TecDAX) (ISIN: DE0005664809) to fast-track early-stage academic research to drug discovery and development. The joint project, financed by a dedicated group of private investors, will … Read more

Buy Cardano While Whales Continue to Accumulate Bitcoin

InvestorPlace – Stock Market News, Stock Advice & Trading Tips Bitcoin (CCC:BTC-USD), and cryptos in general, have been stuck in a sideways trading pattern lately. They have strong resistance, but they also have strong support. Source: Shutterstock This makes now as good a time as any to accumulate. Because when this sideways pattern ends, it’ll … Read more

Ubisoft Announces New Lineup

SINGAPORE, June 13, 2021 /PRNewswire/ — Today, during Ubisoft Forward, Ubisoft announced six new game titles that will be released in 2021/2022: Riders Republic™, Tom Clancy’s Rainbow Six® Extraction, Far Cry® 6, Just Dance®2022, Rocksmith™+, and Mario + Rabbids® Sparks of Hope. These new games will be available on various gaming platforms and suit a multitude … Read more

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