Shares in Corticeira Amorim, the world’s largest cork producer, didn’t look like a great bet even a decade ago. Screw tops and plastic stoppers were the cheaper products that were being flirted with by its biggest customer, the wine industry,… Read More ›
The International Monetary Fund (IMF) warned in a new report on Tuesday that the medium-term picture in the Asia Pacific region is weighed down by an aging population and sluggish productivity even though the global financial agency says that the long-term… Read More ›
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 ›
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 ›
The price of bitcoin could go as high as $4,000 over the next 14 months and according to one investor this cryptocurrency is “fully valued” and could see a pullback in the short term after hitting $1,600 for the first… Read More ›
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 ›
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 ›
OPEC has little choice but to stick with its plan to boost oil prices by cutting production, even though that plans seems to have fizzled. Since the Organization of Petroleum Exporting Countries first agreed production cuts in November, crude has surrendered… Read More ›
Pegged at $7 billion for 2017 and $10 billion for 2018, cost sharing subsidies are key to the survival of insurance companies. Without them, insurers say they will be forced to raise insurance premium rates by at least 20% next… Read More ›
Imagination Technologies is beginning a “dispute resolution procedure” with the U.S. technology giant after the two clashed earlier this year, said the key supplier of components for Apple products. Vital components in Apple products allowing high-quality images on its retina displays –… Read More ›
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