Search Results for: EC
GBP/USD finds support at 1.67
April 14th, 2014
Pair’s Outlook Although GBP/USD received a strong bearish impetus after a test of the February’s high, today the currency pair is not keen on declining, as it seems to have found support at 1.6704 (weekly PP). Nevertheless, the downside ...
EUR/USD starts weak with bearish gap
April 14th, 2014
Pair’s Outlook Friday’s price action and a large downside gap confirmed an assumption that there is a formidable resistance area between 1.39 and 1.395. Accordingly, while there could be a rally today in order to cover the distance between ...
How about… A Global Tax on the Superrich?
April 14th, 2014
Bill Gates washes his own dishes, as we learned this year from his Ask Me Anything session on Reddit, but he’s certainly not trying to save money. The world’s richest person is doing everything in his power to decrease ...
Putin Could Stop Selling Gas to Ukraine. Here’s Why He Won’t
April 14th, 2014
For a time this week, Vladimir Putin looked ready to turn off the gas. In an April 10 letter to 18 European heads of state, he warned that Russia could “completely or partially cease gas deliveries” to Ukraine, in ...
JPMorgan Chase Earns 19 Percent Less to Start the Year
April 14th, 2014
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...
Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks
April 14th, 2014
Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both lenders and builders confronting losses big enough to pose a ...
Is Wal-Mart Heading to An Organic Empire To Fuel Its Wild Oats Rollout?
April 14th, 2014
Wal-Mart’s bold entry into the booming organic food market sets a lofty goal for the company: offering a wide range of products bearing the coveted USDA certified organic seal at stores across the United States. But experts say that ...
Heartbleed Compromises Bitcoin Wallets: Digital Currency Also Built Using OpenSSL
April 14th, 2014
Bitcoin is the latest digital entity to be added to a growing list of organizations compromised by the Heartbleed bug. The Bitcoin Foundation said on Friday that the latest version of Bitcoin Core, the open source software that enables ...
Amazon.com To Acquire comiXology, A Digital Comics Company, As Retailer Seeks To Expand In Online Publishing
April 11th, 2014
Amazon.com (NASDAQ:AMZN) announced Thursday that it has reached an agreement to acquire comiXology, a seller of digital comics, for an undisclosed amount. New York-based comiXology offers graphic novels from more than 75 publishers as well as individual contributors. And, ...
Exclusive: Microsoft, Apple diverge on bankrolling big patent buyer
April 11th, 2014
Patent buyer Intellectual Ventures has persuaded Microsoft and Sony to invest in its latest acquisition fund while Apple and Intel, which invested with IV previously, declined to participate, according to people briefed on the fundraising. The investment decisions by ...
