The keyword here is ‘implied probability’. According to Betfair, betting odds indicate an implied probability that 62% of British citizens will vote to stay within the European Union. According to Betfair, this implied probability fell to nearly 55% yesterday, however… Read More ›
The ECB is working with the Bank of England to reduce the fallout of a Brexit vote. As per officials with the knowledge of the matter at hand, the European Central Bank along with the Bank of England, would publicly… Read More ›
Tony Seba, a serial entrepreneur and author believes that cost-effectiveness rather than a green revolution would make all new vehicles being bought to be electric by 2025. Tony Seba opined these views at a Nomura investment forum. The internal combustion… Read More ›
Due to a rule written in the cryptocurrency’s code which could tighten its supply and as it becomes a safe-haven bet amid broader macroeconomic worries, the price of bitcoin has hit its highest level in more than two years. Touching its… Read More ›
In the latest case to allege misconduct by the bank’s restructuring division, RBS has been alleged to have conspired to push the business into administration to benefit from its sale by the former CEO of a software company who is… Read More ›
According to an estimate by the UC Berkeley Center for Labor Research, if Wal-Mart Stores Inc were to raise the minimum wage for its hourly employees in the United States to $15 per hour from the current $10 per hour,… Read More ›
With the aim to augment its challenge to Apple and Samsung, the Chinese electronics giant Lenovo is banking on its joint venture with Google to launch a smartphone with augmented reality and a new handset from subsidiary Motorola with a… Read More ›
The down turn in the global oil and gas industry ever since the oil prices started sliding in 2014 has seen nearly 8,000 jobs getting lost from the North Sea oil and gas industry in the UK while 120,000 roles… Read More ›
Despite pumping in more than 1 trillion into the economies of the EU, the lack of risk takers is creating multiple fractures and is fueling the rise of euro-sceptics in Germany. According to sources who are familiar with the matter… Read More ›
Two events that are being touted to have almost equal economic impact are drawing absolutely opposite reactions from the market which has puzzled many economists and market experts. While the market in Europe and specifically in the UK have seen… Read More ›
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