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Oil prices under pressure after historical high for U.S. crude stocks
March 2nd, 2017
Oil prices fell further Thursday, depressed by the latest pick up in U.S. crude stockpiles and production. On the New York Mercantile Exchange, light, sweet crude futures for delivery in AprilCLJ7, -0.33% traded at $53.54 a barrel, down 29 ...
Snapchat IPO considered overvalued by analysts
March 1st, 2017
Snapchat owner Snap Inc. hopes to fetch between $14 and $16 per share in its initial public offering this week but analysts think it may be overvalued. The popular mobile app, which allows users to send photos and videos ...
Asian markets dip as investors cash out after dovish Fed minutes
February 24th, 2017
Shares in Asia lost ground Friday as dovish signals from the U.S. Federal Reserve weakened the dollar, with possible consequences for the competitiveness of Asian exports. The Nikkei Stock Average NIK, -0.45% was down 0.2% with the S&P/ASX ...
Apple Pay dominates mobile payments
February 23rd, 2017
Just a few years ago Apple Pay was a vague hope, a chance for Apple to diversify its burgeoning Services business, which was app and iTunes heavy. Today, according to new survey data released by Boston Retail Partners, Apple ...
EU to battle corporate tax scams
February 22nd, 2017
European Union finance ministers have agreed on new measures to close some tax loopholes that have enabled multinational companies operating in both EU and non-EU countries to avoid paying taxes… but not right away. EU finance ministers meeting in ...
Bitcoin prices touch fresh 3-year high
February 22nd, 2017
The price of a single bitcoin leapt to its highest level in more than three years on Tuesday, as traders bought up coins in anticipation of the Securities and Exchange Commission’s ruling on a proposed bitcoin exchange-traded fund. One ...
Oil prices creep higher, but overshadowed by U.S. supply
February 20th, 2017
Crude futures traded slightly higher on Monday, but the market struggled on signs that the U.S. oil production is on a steady uptrend, which could potentially thwart ongoing efforts by multiple oil producers to curb global supply. On the ...
Amazon to create over 5,000 jobs in Britain in 2017
February 20th, 2017
Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. Amazon, along ...
Lego overtakes Ferrari as the world’s most powerful brand
February 6th, 2017
Analysis of the world’s top brands shows Lego has replaced Ferrari as the most powerful, according to new research. Every year, brand valuation and strategy consultancy Brand Finance puts thousands of the world’s top brands to the test. They ...
An AI Law Firm Wants to ‘Automate the Entire Legal World’
February 6th, 2017
AN AI LAWYER Whether it’s a new employment contract, a rental contract, or sale contract, it needs to be checked before signing. Everyone knows the struggle of working through the dreaded small print, searching for pitfalls hidden in the tiniest details, ...
