Author Archives
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IBM Reports Revenue Growth Of 1%, Its First In 22 Consecutive Quarters
The years long loosing streak has been finally broken by IBM. A slim but significant growth in revenues – 1 per cent, was recorded by IBM after making declining in sales for 22 consecutive quarter which is about five and… Read More ›
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Amidst Prices Rally In Oil Market, ‘Explosive’ Growth Anticipated In U.S. Oil Production By IEA
The fear of OPEC that gains made by its production cuts could be neutralized by another surge of shale oil could be coming true. The International Energy Agency said on Friday that there would be “explosive” growth in the U.S…. Read More ›
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Banks Refuse Further Aid Leading To Collapse Of Britain’s Carillion
The biggest corporate failure in a decade in Britain was triggered after the financing banks of Carillion withdrew their support from the company. The events forced the U.K. government to mediate and assure that there would be no let-up in… Read More ›
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$13.96 Billion Is The Anticipated Worth Of The Global Blockchain Technology Market By 2022: Market Research Report
The global blockchain technology market is anticipated to reach a value of $13.96 billion by 2022 and register a compound annual growth rate (CAGR) of 42.8 per cent during the period. This was revealed in a market report on this… Read More ›
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An Autonomous Car Minus Pedals And Wheels To Be Launched By GM By 2019
Mass production of self-driving cars which will not have the traditional controls such as steering wheels and pedals is to be started by General Motors by 2019. The bold declaration was made by the company and is one of the… Read More ›
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Warnings Over Trading Of Cryptocurrencies Issued By Indonesian Central Bank
A possible threat to the sustainability of the financial system and the potential risk of losses to the public and the investors were cited as the reasons for the central bank of Indonesia to issue strong warnings against investors trading… Read More ›
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Delta Shares Jump After Airline Enhances Profit Forecast
Delta Air Lines Inc.’s shares went up by 3.5 per cent in premarket trading after the company announced that it would score even better performance in the present quarter driven by strong demand for seats compared to the better-than-expected profit… Read More ›
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Potential South Korea Trading Ban Wipes Off More Than $100 Billion From The Cryptocurrency Market
Following the news that there can be a possible ban on trading of cryptocurrencies in South Korea, there was a major fall in the value of all of the major virtual coins including bitcoin, ripple and etehreum on Thursday. According… Read More ›
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13,000 Percent Growth Recorded By Ethereum In 2017 As It Hits Record High
A growth rate of more than 60 per cent in just over a week’s time was noted by the cryptocurrency ethereum as it hit an all-time high on Wednesday. According to CoinDesk, a website that tracks the prices of the… Read More ›
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Highest Value In 10 Years Reported By The Manufacturing Output In The U.K.
November was the seventh consecutive month when there was growth in the UK manufacturing output and the speed of growth is the fastest rate since early 2008. There was a growth of 3.9 percent in manufacturing output for November compared… Read More ›
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