Daily Archives: 21/07/2016
What is going on with Yahoo effort to sell itself
July 21st, 2016
Yahoo making ‘great progress’ on sale. But to what end? The same day CEO Marissa Mayer announces unremarkable earnings, the next — and possibly final — round of bids reportedly comes in. That means the end of Yahoo, as ...
International tourism on the rise; What is the increase by region
July 21st, 2016
2016 started on a strong note for international tourism. International tourist arrivals grew by 5% between January and April 2016 according to the latest UNWTO World Tourism Barometer. Results were robust across almost all subregions and many destinations reported ...
There’s a group of investors waiting in the shadows with $200 billion to spend
July 21st, 2016
Money managers are saving up and eager to be the lenders of first resort. Private-debt fund managers have amassed a record high $199 billion in untapped capital as of June, according to the latest report by Preqin. That’s a ...
The man behind the world’s biggest online illegal film site arrested
July 21st, 2016
US officials plan to charge the Ukrainian owner of the Web’s “most visited” piracy site, Kickass Torrents. The site distributes $1 billion worth of illegally copied content and is the world’s 70th most popular site. Attorneys for the US ...
The rising trend of cashless payments
July 21st, 2016
Contactless payments are rapidly gaining ground across the globe. Driven by customer convenience and efficiency, this innovative payment method has opened up new dimension for daily transactions undertaken by consumers. Mobile wallets, online payment providers, near field communication (NFC) ...
A paper trail links online traders to tax havens
July 21st, 2016
A paper trail that runs from Okinawa to Canada and from Israel to Italy and France links some unauthorized online traders on the blacklist of Japan’s financial regulator to offshore companies in tax havens, an analysis of files leaked ...
The world’s most valuable bank plans to start a robo-advisory service in 2017
July 21st, 2016
The world’s most valuable bank plans to start a robo-advisory service in 2017, Chief Operating Officer Tim Sloan said Wells Fargo & Co., the world’s most valuable bank, plans to start a robo-advisory service in 2017, Chief Operating Officer ...
Globalization’s Few Winners and Many Losers
July 21st, 2016
Quality, quality of life, and well-being are not easily quantified, so they are ignored. I often write about the Tyranny of Price, the rarely examined assumption that lower prices are all that matters. Thanks to the Tyranny of Price, ...
Elliott Wave Analysis On AUDUSD And GOLD
July 21st, 2016
AUDUSD As we see on the intraday chart of AUDUSD, we see that the observed structure is still pointing lower from current levels, as pair still has one more wave missing, black wave 5. As such we believe that ...
Big Four in talks with UK government on Brexit
July 21st, 2016
Accountants’ expertise will be needed as the trade negotiations start following the UK’s vote to leave the EU, the government has confirmed, while the Big Four are building up specialist Brexit teams to meet the demand for advice on ...