A high-profile Bitcoin developer has said the crypto-currency has failed and he will no longer take part in its development. Mike Hearn, a Zurich-based developer and long-time proponent of ... Read More
Crude futures slumped again in Asian trade on Wednesday, with U.S. oil droppping more than 3 percent toward $27 a barrel and its lowest since 2003, on worries about ... Read More
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of ... Read More
Some 61% of respondents in Bloomberg survey see more stimulus Raising monthly QE amount, deposit-rate cut seen among options Mario Draghi may have to up the ante, and he ... Read More
The Royal Bank of Scotland plc (“RBS”) has chosen New Change Currency Consultants Limited (“NCFX”) to deliver an independent way for large corporate and financial institution customers to measure ... Read More
Global growth forecast revised down—3.4 percent in 2016 and 3.6 percent in 2017 Emerging market and developing economies facing increased challenges Key risks relate to China slowdown, stronger dollar, ... Read More
Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday. Analysts say the drop has been driven by oversupply, ... Read More
Cabinet expected to rubber-stamp BG-Noble deal on Monday The cabinet is on Monday expected to approve the participation of the BG Group (British Gas) in Block 12 of the ... Read More
20-storey tower to be built in Dubai’s Emaar square by 2017 Construction to start in few days, HSBC to move staff in 2018 HSBC Holdings Plc will start building ... Read More
Pound, stocks decline as risks to U.K. economy stack up Turmoil is hurting outlook for Bank of England rate increase Wherever you look, Britain’s financial markets are creaking. The ... Read More
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