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 ›
Strategy
Warding Off Screw Tops And Plastic, Fight Back On By The Once Tainted Cork Industry Of Portugal
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 ›
Aging Population And Productivity Are Asia’s Top Problems As Singled Out By The IMF
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 ›
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 ›
Bitcoin Could Rally To $4,000 In A Few Months, Says One Investors As It Hits $1,600 For The First Time
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 ›
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 ›