The announcement could come out anytime today, if not sometime later this week. The Wall Street Journal has reported citing sources familiar with the matter at hand, American International Group (AIG) plans on naming Brian Duperreault as its new chief… Read More ›
Creativity
Britain will benefit if its stays within EU’s energy market mix
Here are highlights of the Chatham House’s report which delves into Britain’s energy future. Chatham House, a think tank is of the opinion, it would benefit Britain if she were to remain in EU’s energy market and carbon trading scheme… Read More ›
The price of bitcoins touch a dizzying record high of $1,700
Increase in ICOs have had a significant impact on the price surge of bitcoins. With demands for the crypto currency soaring, bitcoins hit a record high on Tuesday helped by the creation of new tokens for raising funds for blockchain… Read More ›
Trump Administration looking for ways to simplify rules governing financial oversight
Their implementation and interpretation by five different agencies have caused much concern in financial circles thus the current review. With U.S. financial regulators discussing the Volcker rule concerning speculative trading by banks, Wall Street’s biggest concern appears to have gained… Read More ›
May’s hard Brexit stance pushing financial institutions to relocate to EU
Based on Theresa May’s Brexit stance, most large banks in Britain are working on the assumption that that the most likely outcome of Brexit will be Britain losing its access to EU’s single market and resulting in ‘Hard Brexit’. As… Read More ›
Sinclair Broadcast acquires Tribune Media for $3.9 billion
This hugely strategic deal for Sinclar has not only broadened its horizons but has also provided it stakes in WGN America and the Food Network. Sinclair Broadcast Group Inc disclosed on Monday that it would acquire one of the largest… Read More ›
European markets celebrate Macron’s win of the French Presidential elections
The youngest leader in the G7, Macron’s win essentially consolidates the irreversible progressive consolidation of unity against a backdrop of disruptive elements. With Emmanuel Macron wining the French elections, investment markets in Europe were in a celebratory mode. Although polls… Read More ›
Investors flock to Berkshire Hathaway’s AGM for their annual pilgrimage
Here’s what Warren Buffet said at the Annual General Meeting. Warren Buffett, the chairman of Berkshire Hathaway Inc, has come down hard to Wells Fargo & Co for wantonly allowing employees to sign up customers for bogus accounts. Although Wells… Read More ›
Billionaire investor to participate in a revolutionary blockchain token sale
This is history in the making. A must read for bitcoin aficionados. The bitcoin industry is set to get a major investor – billionaire venture capitalist Tim Draper, a bitcoin aficionado has disclosed that he will be buying “a new… Read More ›
While Convincing Doctors, Clinicians To Use A.I. Can Be ‘Tricky’, Even As Experts Say It Can Be A Game-Changer For Health Care
Based on the patient’s medical history matched with a global database of similar cases, a surgeon asking a Siri-like digital assistant in the operations theater about the options available in a risky operation, may not be a science fiction scenario… Read More ›