A survey of fintech specialists shows that by the end of the year, there would be an expected 22 per cent increase in the price of bitcoin compared to the current price. This would be driven by increased appeal for… Read More ›
Day: May 21, 2019
UK Authority Says Scams Involving Cryptocurrency Tripled Last Year
The Financial Conduct Authority (FCA) of the United Kingdom data has shown that there has been a tripling of the number of investment scams related to crypto currencies such as bitcoin as well as in foreign currency trading. The FCA… Read More ›
Record Number Of Passengers To Fly In US This Summer
According to a forecast by Airlines for America published on Tuesday, there would be a 3.4 per cent increase in the number of passengers compared to the previous year between June 1 and the end of August. That would put… Read More ›
Russia lowers USD share in the structure of its foreign currency reserve
Russia’s central bank lowers USD’s share from its foreign currency reserves citing external risks. Ksenia Yudayeva, the First Deputy Governor of Russia’s central bank stated, it has lowered the share of dollars in its reserves citing a potential rise in… Read More ›
Coca Cola drops plans to re-franchise Coca-Cola Beverages Africa unit
Coca Cola will now reclassify its financial statements from second quarter in 2019 to include CCBA as part of its continuing operations. It did not provide an explanation for the postponement of its re-franchising plans. In a development that marks… Read More ›
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