Financial & Business updates

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Bitcoin Millionaire’s Shocked By New Stock

Bitcoin Millionaire’s Shocked By New Stock

Cryptocurrencies have been all the rage. And it’s no wonder when cryptocurrencies like Ethereum shot up 2,740% … Digital Cash surged 1,092% … and Bitshares jumped 1,446%. And while more fortunes might be made as the cryptocurrency market grows — one expert expects it to become a $200 billion market by the end of 2017 […]

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As the global economy picks up, inflation is oddly quiescent

As the global economy picks up, inflation is oddly quiescent

A FEW years ago, the news about the euro-zone economy was uniformly bad to the point of tedium. These days, it is the humdrum diet of benign data that prompts a yawn. Figures this week show that GDP rose by 0.6% in the three months to the end of September (an annualised rate of 2.4%). […]

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China imposes limit on oil supply to North Korean Peninsula

China imposes limit on oil supply to North Korean Peninsula

China announced Saturday that it will limit energy supplies to North Korea and stop buying its textiles under U.N. sanctions imposed over its nuclear and missile development, further reducing support from Pyongyang’s last ally. Exports of refined petroleum to the North will be limited to 2 million barrels per year, effective Jan. 1, the Commerce […]

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North Korea v US Faceoff: Trump sanctions CUT OFF money for Kim Jong-un’s weapons

North Korea v US Faceoff: Trump sanctions CUT OFF money for Kim Jong-un’s weapons

THE TRUMP administration has imposed sanctions on a Chinese bank in a bid to ‘cut off’ funding for North Korea’s nuclear weapons development. Here are live updates and breaking news. The US accused the Chinese bank of laundering money for Pyongyang and also imposed sanction on two Chinese citizens and a shipping company helping North […]

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The IMF nudges up its forecast for global growth

The IMF nudges up its forecast for global growth

In recent years the fund’s forecasts have proved over-optimistic APRIL is the cruellest month, breeding lilacs out of the dead land, and, in Washington, chirpy forecasts from the IMF that often prove a bit too chirpy. On April 18th the fund released its semi-annual World Economic Outlook (WEO), raising its forecast for global growth in […]

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Snapchat Debut in Stock market saw Shares Jump to 40%

Snapchat Debut in Stock market saw Shares Jump to 40%

The company behind the popular messaging app Snapchat saw its shares spike on its first day of trading, after an initial public offering that itself earned more than anticipated. Snap Inc. passed its first major test on Wall Street on Wednesday as it priced its initial public offering of 200 million shares at $17 US each. […]

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UK interest rate at a Record Low of 0.25%

UK interest rate at a Record Low of 0.25%

The Bank of England has voted unanimously to keep the UK’s main interest rate at a record low of 0.25%. It said that the next rate move could be in either direction. The last change was a rate cut in August, in the wake of the UK’s vote to leave the EU. The Bank said […]

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Trump Election Win was a Stunning Upset

Trump Election Win was a Stunning Upset

Like a dream that seem unrealisable, a task daunting, so much comments from party members and Americans who just did not see anything Presidential about the New York business mogul – Donald J. Trump. It was with utmost dismay, when the election results for the 2016 presidential election resonate the various media houses on Trump’s […]

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10 Valid Reasons Why Hillary Clinton is The Next United States President

10 Valid Reasons Why Hillary Clinton is The Next United States President

The race to the white house for the contending candidates has no doubt been a tough one. This year (2016) presidential campaign has been an unprecedented one with two out of the four candidates keenly campaigning to become the 45th President of the United States, talking about Donald Trump for the Republican Party and Secretary […]

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AT&T And Time Warner – The Deal of the Year

AT&T And Time Warner – The Deal of the Year

In the world of media, bigger remains better. So in the wake of Comcast’s $30 billion takeover of NBCUniversal and Verizon Communications’ serial acquisitions of the Huffington Post and Yahoo, AT&T has bought one of the remaining crown jewels of the entertainment industry. The telecommunications giant agreed on Saturday to buy Time Warner, the home […]

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