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Asia markets mostly up as oil climbs; Nikkei down 1.3%, Shanghai up 1.7%
March 18th, 2016
Asian markets traded mostly higher Friday, after U.S. indexes ended higher and oil prices hit their highest levels for this year. But a stronger yen continued to weigh on Japan’s shares. “The drivers of big swings in the markets ...
OPEC Production Declines Despite Iran’s Efforts
March 16th, 2016
The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only”production and do not reflect condensate production. Also the charts, except for Libya, are not zero based. I chose to amplify the change rather than the total. OPEC is ...
Plus500 announces management and directorate changes
March 15th, 2016
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces management and directorate changes and notice of its first quarter trading update. Management and Directorate changes Plus500 announces today that Elad Even-Chen will be ...
Bitcoin Group withdraws from its IPO and ASX listing application
March 10th, 2016
Bitcoin Group Ltd has issued a press release to inform investors in relation to its IPO and ASX listing application. Below is the press release as it was published by the company: The Directors of Bitcoin Group Ltd would firstly ...
Deloitte Forms Alliance with Kira Systems to Drive the Adoption of Artificial Intelligence in the Workplace
March 10th, 2016
Deloitte announced an alliance with Kira Systems to bring the power of machine learning to the workplace, an innovation that could help free workers from the tedium of reviewing contracts and other documents. The alliance combines Deloitte’s business insights in cognitive technologies ...
Oil Hits Three-Month High on Gasoline Demand
March 10th, 2016
Oil prices surged to a three-month high Wednesday after government data showed demand for gasoline and diesel fuel was far higher than even bullish expectations. The U.S. Energy Information Administration said gasoline stockpiles fell last week three times as ...
Russia’s Oil Dilemma, Explained
March 9th, 2016
Kremlin needs to plug hole in budget stemming from crude slump Higher tax could cause output to drop from post-Soviet record While the world focuses on Russia’s Oil-freeze talks with OPEC, there are discussions behind closed doors in the Kremlin ...
KPMG Announces Agreement With IBM Watson To Help Deliver Cognitive-Powered Insights
March 9th, 2016
Deal accelerates adoption of new technologies across KPMG’s businesses, strengthening firm’s commitment to reinforcing confidence in the capital markets KPMG LLP and IBM (NYSE: IBM) today announced plans to apply IBM’s Watson cognitive computing technology to KPMG’s professional services offerings. The agreement, including ...
London Stock Exchange Group Preliminary Results For The Year Ended 31 December 2015
March 8th, 2016
Unless stated otherwise, all figures in the highlights below relate to performance for 12 months to 31 December 2015 and comparisons with the prior 12 month period (unaudited) Continued delivery of successful strategy – Group strongly positioned to make ...
KPMG: Blockchain Could Be ‘Antidote’ to High Cost of Regulation
March 8th, 2016
As institutional interest in blockchain technology increases with bullish market predictions, professional services firms have been among a new wave of companies seeking to adapt existing products and services for the market. To date, Deloitte and PwC have been perhaps the most aggressive ...
