Author Archives

• Brexit-spooked Banks Could End up spending $67 million Leaving London

  By admin2 on July 13, 2016 • ( 0 )

  

  As much as £50 million ($66.5 million) could be spent to relocate to the European Union (EU) by London-based banks looking to pack up after Brexit, claims a report that was published recently. On an average, £50,000 ($66,252) per employee… Read More ›

• Portuguese Economy could be Fighting a Losing Game Even as the Country Wins at Soccer

  By admin2 on July 12, 2016 • ( 0 )

  

  Even as the nationwide celebrations across Portugal which began this weekend after the country’s football team won the Euro cup would take some more time to settle down, analysts have said that it was also time for the nation to… Read More ›

• Action on Italy’s Retail Investors’ Bank Bail-In Urged by IMF

  By admin2 on July 12, 2016 • ( 0 )

  

  The International Monetary Fund has noted that “very high” amounts of non-performing loans and slow judicial processes were straining bank balance sheets and have called for action over concerns relating to the bail-in of retail investors in Italy. The IMF… Read More ›

• Growth in Travel Demand Urges Planemakers to Shrug Off Economy Worries

  By admin2 on July 11, 2016 • ( 0 )

  

  Betting that rising wealth in Asia would continue to boost air travel and offset any short-term hits to the global economy, Airbus and Boeing raised their long-term forecasts for new aircraft demand on Monday. At the biennial Farnborough Airshow, which… Read More ›

• ‘The decision has been made’, says Germany’s Merkel While Taking a Tough Line on Brexit

  By admin2 on July 11, 2016 • ( 0 )

  

  There would be no turning back from the decision to leave the bloc and the U.K. is expected to kick off its European Union (EU) exit negotiations as soon as a new prime minister is in place, said German Chancellor… Read More ›

• Lenovo says Wrap Around Wrist Bendy Phone could be a Reality in 5 years

  By admin2 on July 10, 2016 • ( 0 )

  

  After Lenovo recently showed off a flexible device that can wrap around a user’s wrist, the Chinese technology firm’s head of mobile said that bendable smartphones could be a reality in five years. The concept of CPlus, which has a… Read More ›

• New Supply of Bitcoin Halved, Bitcoin ‘Miners’ Face Fight for Survival

  By admin2 on July 10, 2016 • ( 0 )

  

  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 ›

• Bitcoin Payers for Online Child Porn will be caught by NGO & Blockchain start-up

  By admin2 on July 9, 2016 • ( 0 )

  

  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 ›

• IMF Predicts Deceleration of Euro Zone Growth after Brexit

  By admin2 on July 9, 2016 • ( 0 )

  

  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 ›

• Few Options for Next Boom Left due to Generation Gap in Oil Industry Workers

  By admin2 on July 8, 2016 • ( 0 )

  

  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 ›