Author Archives
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New Supply of Bitcoin Halved, Bitcoin ‘Miners’ Face Fight for Survival
Computers which are awarded fresh bitcoins in return for processing blocks of the latest bitcoin transactions is central in the world of the web-based digital currency and it is not central banks that add new money to the system. Such… Read More ›
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Bitcoin Payers for Online Child Porn will be caught by NGO & Blockchain start-up
With the aim of combating the use of bitcoin to buy child sex abuse images online, the not for profit organization – the Internet Watch Foundation (IWF) has teamed up with blockchain start-up Elliptic. This was recently announced by the… Read More ›
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IMF Predicts Deceleration of Euro Zone Growth after Brexit
Lowering its growth forecasts for the 19-country region the International Monetary Fund (IMF) says that the U.K.’s decision to leave the EU is expected to weigh on euro zone growth. Despite the single currency zone seeing a strengthening recovery recently… Read More ›
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Few Options for Next Boom Left due to Generation Gap in Oil Industry Workers
After falling prices, a generation gap is now plaguing the oil industry. The demographic hangover of the last great industry downturn in the 1980s, when scores of drillers went out of business is causing a concern for U.S. explorers who are… Read More ›
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$4 Indian Smartphone to Hit Market Soon, Analysts say too Good to be True
In theory, at least, the world’s cheapest smartphone will meet the world’s fastest-growing smartphone market in the next few weeks. Shipping of its Freedom 251 handsets by Ringing Bells Pvt, a little-known Indian company, is set to begin. At the… Read More ›
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AC Milan to be Sold to Chinese Investors by Berlusconi
After long-time owner Silvio Berlusconi said he had sold the club, AC Milan are set to be the latest top-tier European football team to move into Chinese ownership. After receiving assurances from the buyers that they would invest significantly to return… Read More ›
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Buying Spree for Global Health Assets by Chinese Inc
Attempting to buy their way into international markets like never before, China’s health-care companies are on an acquisition tear. Going at a pace on track to exceed last year’s record total and a tenfold increase from the amount spent in… Read More ›
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Race to Wrest Drug and Banking Agencies From London Intensifies Among EU Rivals
The competition to wrest two prestigious European Union agencies from London in the wake of Britain’s vote to leave the bloc is all set to step up with Milan’s new mayor Giuseppe Sala scheduled to fly into London. More than… Read More ›
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Gulf Bond Sale Frenzy Bolstered by Addition of Kuwait’s $9.9 Billion Plan
As lower oil prices squeeze public finances, Kuwait plans help plug its budget deficit by raising as much as $9.9 billion from international debt markets. The country’s finance minister Anas Al-Saleh said in a speech that the OPEC member also… Read More ›
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New Bank’s Greater Understanding of Developing World Backed by China
Since the Asian Infrastructure Investment Bank (AIIB) has a greater understanding of the developing world’s needs, this China-led bank will be different from institutions like the World Bank. This confidence filled message was conveyed by the officials of the bank… Read More ›
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