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Bank of England announced Bank Rate held at 0.25%
March 17th, 2017
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 15 March 2017, the Committee voted ...
Dash price and volume have surged to all-time highs
March 15th, 2017
Dash Surges to Record High, Claims $0.5 Mln Monthly Development Budget Dash price and volume have surged to all-time highs, bringing what is likely to be the largest development budget in the cryptocurrency field. This year has seen a ...
PayPal Invests in $48 Million Series C of Korean Fintech Payments Startup
March 15th, 2017
South Korean Fintech firm Viva Republica has closed a KRW 55 billion ($48 million) Series C round of funding which saw participation from the likes of PayPal and other significant backers. Viva Republic is the developer opf Toss, a now-popular peer-to-peer ...
The biggest fashion group in the world announced net sales rose 12% to €23.3bn in FY16
March 15th, 2017
Same-store sales growth was 10%. The Group generated over 9,596 new jobs, one in four of which were in Spain. At year-end, its headcount stood at 162,450. In April, 84,000 Inditex employees will receive their second payment under the ...
Brickington has agreed to sell 13.0 million Playtech shares
March 15th, 2017
Playtech plc (“Playtech”) announces it has been notified by Brickington Trading Limited (“Brickington”) that following a direct and unsolicited inbound enquiry to Brickington by Boussard & Gavaudan Investment Management LLP (“Boussard & Gavaudan”), Brickington has agreed to sell 13.0 ...
HKEX Sets Asian Record for L&I Product Listings on a Single Day
March 14th, 2017
The Hong Kong Exchanges and Clearing Limited (HKEX) has issued today a press release to announce that four providers of Leveraged and Inverse Products (L&I Products) listed a total of 16 products today on the Stock Exchange of Hong ...
Crypto Market Is On Fire Right Now – Market Cap Nears $25 Bln
March 14th, 2017
While people have been observing coins like Ethereum and Dash reach all-time highs, the crypto ecosystem as a whole seems to be taking off. The market capitalization of all cryptocurrencies in circulation has neared $25 bln. Bitcoin – the ...
BDO appoints two more new partners
March 14th, 2017
Accountancy and business advisory firm BDO LLP has appointed two more lateral hires taking its total of new partner appointments to 25 this financial year. BDO has welcomed partners Duncan Lamb and Colin Haig who join the firm’s corporate ...
SIX Swiss Exchange reports slight decrease in turnover in February 2017
March 13th, 2017
As of end of February 2017, trading turnover on SIX Swiss Exchange and SIX Structured Products Exchange totalled CHF 228.5 bn which corresponds to a decrease of -2.8%. The only increases were registered in the segments ETF (+16.1%) and ...
CLS reports average daily traded volumes in February 2017 were USD1.5 trillion
March 13th, 2017
CLS, multicurrency cash settlement system operator, has issued a report to publish the foreign exchange (FX) trading activity for February 2017. The report is based on trade data submitted to CLS in operation of their settlement and aggregation services. ...
