Japanese financial services provider Orix Corp said it would buy accounting software maker Yayoi Co from private equity firm MBK Partners for more than 80 billion yen ($691 million), ... Read More
Standard Chartered is set to cull an unspecified number of branches in the Middle East, as part of plans to cut up to 100 locations in emerging markets next ... Read More
Bitcoin could become a market-leading technology that will change the way financial systems are engineered says BNP Paribas, in an analysis of the potential disruptive impact of the crypto-currency ... Read More
China and the United States made common cause on Wednesday against the threat of climate change, staking out an ambitious joint plan to curb carbon emissions as a way to spur ... Read More
Yahoo didn’t wait long to put to use its newfound riches from the Alibaba IPO. On Tuesday, it acquired video-advertising company BrightRoll for $640 million in cash. BrightRoll, based ... Read More
Every basic exposition of how monetary policy is conducted before about 2008 is soon to become obsolete. The three basic monetary policy tools that used to be taught in ... Read More
The Abu Dhabi Company for Onshore Oil Operations (Adco) is set to invest a further US$5 billion to $7bn to meet its production target of 1.8 million barrels per ... Read More
Google has sealed a deal to lease NASA’s Moffett Airfield for the next 60 years after beginning negotiations for the land back in February. Under terms of the agreement, Google will pay NASA ... Read More
President Obama said Monday night that the U.S. and China are nearing a final agreement on expanding a major technology pact. Obama said that the world’s two largest economies ... Read More
The Fed should fight low inflation as vigorously as it would a too rapid run-up in prices or risk the same sort of prolonged slow growth plaguing Japan and Europe, Boston ... Read More
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