Recent Posts - page 2

• Trade War Induced Equities Slump Could See Bitcoin Rise 22pc 659 By Year-End

  By admin2 on May 21, 2019 • ( 0 )

  

  A survey of fintech specialists shows that by the end of the year, there would be an expected 22 per cent increase in the price of bitcoin compared to the current price. This would be driven by increased appeal for… Read More ›

• UK Authority Says Scams Involving Cryptocurrency Tripled Last Year

  By admin2 on May 21, 2019 • ( 0 )

  

  The Financial Conduct Authority (FCA) of the United Kingdom data has shown that there has been a tripling of the number of investment scams related to crypto currencies such as bitcoin as well as in foreign currency trading. The FCA… Read More ›

• Record Number Of Passengers To Fly In US This Summer

  By admin2 on May 21, 2019 • ( 0 )

  

  According to a forecast by Airlines for America published on Tuesday, there would be a 3.4 per cent increase in the number of passengers compared to the previous year between June 1 and the end of August. That would put… Read More ›

• Russia lowers USD share in the structure of its foreign currency reserve

  By admin1 on May 21, 2019 • ( 0 )

  

  Russia’s central bank lowers USD’s share from its foreign currency reserves citing external risks. Ksenia Yudayeva, the First Deputy Governor of Russia’s central bank stated, it has lowered the share of dollars in its reserves citing a potential rise in… Read More ›

• Coca Cola drops plans to re-franchise Coca-Cola Beverages Africa unit

  By admin1 on May 21, 2019 • ( 0 )

  

  Coca Cola will now reclassify its financial statements from second quarter in 2019 to include CCBA as part of its continuing operations. It did not provide an explanation for the postponement of  its re-franchising plans. In a development that marks… Read More ›

• 7,000 Job Profiles To Be Eliminated Globally By Ford By August

  By admin2 on May 20, 2019 • ( 0 )

  

  The United States based global auto company Ford Motors is set to lay off about 7000 of its staff that who are salaried which would also have about 10 per cent of its global workforce, the company announced, as the… Read More ›

• OPEC+ Oil Producers To Curb Crude Production, Says Saudi Arabian Energy Minister

  By admin2 on May 20, 2019 • ( 0 )

  

  While a decision to drive down crude inventories “gently” has been taken by consensus among OPEC and allied oil producers, Saudi Arabia would also be responsive to the demands of what is being described as a fragile market, said the… Read More ›

• Attacks placing oil supplies security at risk: Saudi Energy Minister

  By admin1 on May 20, 2019 • ( 0 )

  

  Ever since Trump re-clamped sanctions on Iran, tension in the gulf region has steadily heated up. Saudi Arabian Energy Minister Khalid al-Falih stated, although the recent attacks on its energy assets had put the security of oil supply at risk,… Read More ›

• Exxon Mobil’s major oil deal with Iraq delayed by U.S. evacuation

  By admin1 on May 20, 2019 • ( 0 )

  

  Exxon has a long term contract to improve Iraq’s West Qurna oil field. In a significant development, Iraq’s Oil Minister Thamer Ghadhban stated, a major oil deal between Iraq and Exxon Mobil is “very close” in the making; the trajectory… Read More ›

• Air New Zealand sticks with Boeing for wide body aircraft

  By admin1 on May 20, 2019 • ( 0 )

  

  Air New Zealand aims to replace 8 Boeing 777-200ER aircraft and was looking for suitable replacement. On Monday, according to industry sources Boeing Co has won a hard-fought battle to sell its wide-body aircraft to Air New Zealand Ltd, and… Read More ›

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