Author Archives
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Production Cuts Extension For Nine Months Agreed Upon By OPEC And Non-OPEC Members
After November’s landmark deal failed to clear a global supply overhang, OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday. The 1.8 million barrel per day supply cut will roll over until… Read More ›
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‘More Opportunities, Rather Than Less’ Will Be The Result Of The Rise Of Machines
It’s no surprise that people are wondering if machines will someday replace humans with computers stronger than ever and robots popping up on factory assembly lines. But Google executives say that it’s nothing to be afraid of. That’s because freeing… Read More ›
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ECB’s Constancio Says A Violent Reaction In Bond Prices Could Be Triggered By Reflationary Risks
A volatile reaction in bond prices could be sparked in Europe and could also spillover throughout the continent if there is a revival of reflationary pressures in the U.S., said the European Central Bank vice-president Vitor Constancio during a TV… Read More ›
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Rival Ethereum Is Up 2,000 Percent Compared To Bitcoin Which Has More Than Doubled This Year
Bitcoin has been outperformed by its closest rival Ether, which is up over 2,300 percent, even though the former has more than doubled in price this year alone. Bitcoin was trading at the day’s high of $1,003.25 on January 1…. Read More ›
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Moral, Political, Legal Duty To Meet Obligations Lies With The Lenders , Says Greece
Greece said that foreign creditors had a “moral, political and legal” duty to meet their obligations toward it and that the country and its government has done its part on reforms, the government said on Tuesday. Greece’s lenders aim to… Read More ›
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After Settling Patent Dispute, Nokia And Apple Are Exploring Working On Health Tech Together
Apple and Nokia said that they were exploring working together on “digital health initiatives” and they have already ended their patent dispute that started last year, the companies announced on Tuesday. During the term of the agreement, an up-front cash payment from… Read More ›
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Analysts Say The Biggest Political Risk In Europe Is Italy
Italy now presents the biggest political risk for markets and investors with several elections already out of the way in Europe, an investment analyst said very recently. According to Nandini Ramakrishnan, global market analyst at JPMorgan Asset Management, this is… Read More ›
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Import Duties On Sugar Slapped By China Even As Experts Question Impact
After lobbying by domestic mills, China said on Monday it will impose hefty penalties on sugar imports. But to stem the flow of lower-priced sweetener into the world’s top importer, the ruling may not go far enough, experts said. An… Read More ›
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Titanic Relics Sail Toward Auction Block From Deep in the Atlantic
The wreckage from Titanic could fetch close to $220 million at an auction this year even though the doomed ship may be under 2.5 miles of water. In a May 18 filing in U.S. Bankruptcy Court in Jacksonville, Florida, Premier… Read More ›
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Study Says Among Major Social Apps, Instagram Most Likely To Cause Young People To Feel Depressed And Lonely
A new research suggests that when it comes to young people’s mental health, Instagram is the most damaging social media platform. According to a U.K.-wide study by the Royal Society for Public Health (RSPH), the social media platform most likely… Read More ›
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