Search Results for: Allen
Brent Crude Falls; Oil Prices End at Nearly Seven-Year Lows
December 9th, 2015
Prices hit fresh seven-year lows on expectations that U.S. crude inventories rose Brent crude dipped below $40 a barrel Tuesday in a selloff that has raised a worrisome possibility: that oil prices could be even lower next year than ...
Why Cloud adoption in the Finance Sector is still lagging
December 8th, 2015
Limitations to a consistent regulatory framework and the broad adoption of good practices deters financial institutions from taking advantage of the benefits of cloud computing. Cloud Computing is currently widely used in several sectors, however, its adoption in the ...
CBA builds a blockchain in its innovation lab
December 7th, 2015
In its Innovation Lab in Darling Harbour, a team of Commonwealth Bank of Australia computer engineers have built a working “blockchain”. For CBA, a “distributed ledger” is no longer a concept on a whiteboard, but a matter of hardware. ...
27 Major Global Stocks Markets That Have Already Crashed By Double Digit Percentages In 2015
December 7th, 2015
Anyone that tries to tell you that a global financial crisis is not happening is not being honest with you. Right now, there are 27 major global stock markets that have declined by double digit percentages from their peaks ...
Bitcoin Fund Linked to Currency’s Rally
December 7th, 2015
Heavy trading in Bitcoin Investment Trust may have contributed to bitcoin price spike After months at $250, the price of the digital currency bitcoin took flight in early November, peaking above $450 before falling back to $360 more recently. ...
China Begins G-20 Leadership With Ideas to Reduce Dollar’s Role
December 7th, 2015
South Korea, France to lead working group exploring SDR use China exploring ways to make system more resilient to shocks As China takes the reins of the Group of 20 for the coming year, the first indications are emerging ...
OPEC 168th Meeting concludes
December 7th, 2015
The 168th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 4th December 2015 under the Chairmanship of its President, HE Dr. Emmanuel Ibe Kachikwu, whom the Conference ...
Asian markets close near flat, economic data eyed
December 7th, 2015
Asian stocks lost much of their gains from the morning session to close near flat on Monday, as investors eye a host of economic data due this week. Last week, nonfarm payrolls data showed the U.S. economy created 211,000 ...
Japanese E-Commerce Rakuten Establishes $100M Fintech Investment Fund: Initially Targets US and Europe
December 3rd, 2015
Japanese e-commerce giant Rakuten (TOKYO:4755) officially initiated a new $100 million fintech investment fund, according to a release. The Rakuten FinTech Fund, a new US$100 million global investment fund focuses on investments in disruptive early to mid-stage fintech startups aims to offer ...
VW Scandal: Top law firms competing for lead assignment in expected multibillion-dollar case
December 3rd, 2015
Top law firms competing for lead assignment in expected multibillion-dollar case Lawyers from across the country will descend Thursday on a courthouse in New Orleans to jockey for a potentially lucrative assignment: a role in the massive consumer-fraud litigation facing Volkswagen AG over ...
