According to new research by independent advisory firm Capital Economics, the cash that is held overseas by U.S. firms is very unlikely to be ever repatriated and the report also states that the amount of cash held overseas by U.S…. Read More ›
Day: September 20, 2016
Ride-hailing app Grab, grabs $750 million in new funding round
Grab already has a strong presence in the Southeast Asian ride-hailing market. With money from this new funding round in its kitty, the company can better compete with Uber when it sets food in the Southeast Asian market. Grab, a… Read More ›
GE plans on investing $10 billion over the next decade in Argentina
A number of foreign companies, including Siemens and GE, have announced their plans on investing in the Argentinian economy. Yet another foreign company has announced plans to invest in the Argentinian economy ever since President Mauricio Macri took office. According… Read More ›
U.S. Federal Judge rules bitcoins are funds
The case relates to hacking attacks at dozens of companies including JPMorgan which resulted in exposing the personal information of more than 100 million people. In a ruling which recognises the legitimacy of bitcoins as money, a federal judge has… Read More ›
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