Oil rose to near $106 per barrel Thursday as an insurgency in Iraq raised the risk of disruption to supplies after OPEC vowed to keep output unchanged. Benchmark U.S. ... Read More
One of the world’s largest online travel agencies, Expedia, has become the latest company to accept Bitcoin transactions as a form of payment. The firm will initially accept the ... Read More
Is Uber’s valuation reasonable? Aswath Damodaran thinks no, Andrew Ross Sorkin thinks yes, but two data points from Henry Blodget that may or may not be true are that ... Read More
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that the following firms are not permitted to provide any financial services ... Read More
The Reserve Bank of New Zealand (RBNZ) has issued a press release informing that it has increased the Official Cash Rate (OCR) by 25 basis points to 3.25 percent. ... Read More
The Dow Wednesday snapped a four-day streak of record highs in a US equity retreat attributed in part to a shock Republican primary election and profit taking. At the ... Read More
With an eye on simplification, the Financial Accounting Standards Board has taken up a few short-term projects to cut some unnecessarily complexity out of accounting rules and finalized new ... Read More
The world oil market has set up quite nicely for OPEC. Dramatic changes in oil production around the globe are balancing each other out instead of wreaking havoc. This ... Read More
Pair’s Outlook The currency pair closed below the weekly S1, but seems to be already losing its downward momentum ahead of the main support at 1.3481/75. Moreover, less daily ... Read More
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence to operate as Administrative Services ... Read More
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