Financial & Business updates

your business and financial updates to better equip you.

The Reshaping of the World: Consequences for Society, Politics and Business

The Reshaping of the World: Consequences for Society, Politics and Business

The World Economic Forum (WEF) is a Swiss non-profit foundation, based in Cologny, Geneva. It describes itself as an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. The Forum is best known for its annual […]

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Merry Christmas and A Prosperous New Year

Merry Christmas and A Prosperous New Year

May the Joy of the Season bring you peace,Joy and Happiness. Merry Christmas and a Happy New Year To all our esteem readers and lovers of Cash4wealth Thank you for a successful As you step into this Business Year May you have a wonderful and a prosperous New Year From all of us at Cash4wealth

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South Africa’s Nelson Mandela’s Legacy Is Economic Too

South Africa’s Nelson Mandela’s Legacy Is Economic Too

South Africa’s first black president and anti-apartheid leader, Nelson Mandela, died Thursday at the age of 95. Mandela was released from a South African prison in 1990 after 27 years of harsh internment. Four years later, he was elected president of South Africa in that country’s first free, non-racial, democratic elections. For decades after South Africa’s […]

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Microsoft leads disruption of largest infected global PC network

Microsoft leads disruption of largest infected global PC network

SAN FRANCISCO, Dec 5 (Reuters) – Microsoft Corp said on Thursday it had disrupted the largest network of compromised personal computers, involving some 2 million machines around the world, since it stepped up its battle against organized online criminals three years ago. The Redmond, Wash.-based software giant filed a lawsuit in Texas and won a […]

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Not Raising The Debt Ceiling: Shaky Global Economic Recovery

Not Raising The Debt Ceiling: Shaky Global Economic Recovery

If we don’t raise the debt limit, we know we would get mega-austerity and maybe a new financial crisis. But just how bad could it get? WASHINGTON – World finance officials pledged on Saturday to deal with new risks to the global recovery while they kept up pressure on the United States to address the […]

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Yellen to Be Named Fed Chairman, The First United States Female Chief

Yellen to Be Named Fed Chairman, The First United States Female Chief

President Barack Obama will nominate Janet Yellen as chairman of the Federal Reserve, which would put the world’s most powerful central bank in the hands of a key architect of its unprecedented stimulus program and the first female leader in its 100-year history. Obama will announce the nomination at 3 p.m. today in Washington, a […]

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Iran Rouhani’s Historic Call To Obama And Its Hints At End To Economic Sanctions.

Iran Rouhani’s Historic Call To Obama And Its Hints At End To Economic Sanctions.

President says discussion with Iranian counterpart showed ‘basis for resolution’ of dispute over Tehran’s nuclear programme Barack Obama and Hassan Rouhani held the first direct talks between American and Iranian leaders since the 1979 Islamic revolution, exchanging pleasantries in a 15-minute telephone call on Friday that raised the prospect of relief for Tehran from crippling […]

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BlackBerry $4.7B Deal Buy-Out, A Consortium Led by Fairfax Financial Holdings

BlackBerry $4.7B Deal Buy-Out, A Consortium Led by Fairfax Financial Holdings

Deal still subject to due diligence, regulatory approval Troubled smartphone maker BlackBerry has signed a provisional agreement to be bought by a consortium led by Fairfax Financial Holdings Limited, which already owns approximately 10 per cent of the publicly traded shares in the Waterloo, Ont.-based company. Trading of the company’s shares was temporarily halted on the Nasdaq and the Toronto […]

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JP Morgan Chase & Co – When The Fine Is A Crime

JP Morgan Chase & Co – When The Fine Is A Crime

REGULATORS from Britain and American are expected to soon gather behind podiums on either side of the Atlantic and solemnly shake their heads as they announce what is already well known: that JPMorgan Chase lost a vast amount of money—$6.2 billion—in what has become known as the “London whale” trades, which happened during 2012 and […]

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Impact of The Stimulus Package in the New York Stock Exchange & Emerging Markets

Impact of The Stimulus Package in the New York Stock Exchange & Emerging Markets

Shares at record high as Federal Reserve refrains from tapering   The US Federal Reserve has decided to maintain its economic stimulus programme at the current level, despite speculation that it would start scaling it back. US shares jumped after the announcement with all three US indexes closing at record highs. It had been widely […]

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