Search Results for: ICO
PayPal Completes Acquisition of Xoom
November 13th, 2015
PayPal, Inc. (NASDAQ:PYPL) and Xoom Corporation (NASDAQ:XOOM) announced that PayPal has completed its previously announced acquisition of Xoom. In accordance with the terms of the acquisition agreement announced on July 1, 2015, PayPal acquired all of the outstanding shares of ...
Citibank’s new UAE customers will now need to keep more than 10 times as much money in bank accounts
November 12th, 2015
Citibank’s new UAE customers told to have Dh35,000 minimum account balance Citibank said new customers in the UAE will now need to keep more than 10 times as much money in bank accounts than previously required as it focuses ...
Oil Majors Don’t Share OPEC’s Optimism On Oil Prices In 2016
November 12th, 2015
OPEC’s meeting in Vienna is less than a month away, and oil producers – countries and companies alike – have been raising their concerns at an energy conference in the United Arab Emirates over the cartel’s strategy to keep ...
Well of History: A brief history of the means of payment
November 11th, 2015
How to buy, sell and pay your debts? Almost as old as humanity itself, the means of payment has seen an acceleration in its history with the development of computers and new information technologies. An evolution that BNP Paribas has ...
Asian stocks mixed after China data deluge
November 11th, 2015
Asian stocks turned mixed on Wednesday following fresh economic data from China that largely met expectations. China’s fixed-asset investment (FAI) increased 10.2 percent in the January-October period compared with the year-earlier period, in line with expectations, slightly coming down from the ...
JP Morgan CEO sees Bitcoin as a waste of time: Video
November 9th, 2015
Bitcoin skeptic Jamie Dimon, CEO of JPMorgan has once again spoken about the decentralized cryptocurrency, Bitcoin – by dismissing it. He sees potential in blockchain, however. “Separate currency from blockchain,” Dimon said, speaking at the Fortune Global Forum. “My belief ...
Trans-Pacific Partnership: vast trade deal made public
November 6th, 2015
The long-awaited text of the landmark trade deal called the Trans-Pacific Partnership (TPP) has been released to the public for the first time. The TPP is one of the world’s most extensive trade agreements, bringing together 12 Pacific rim ...
Facebook tops General Electric in market value
November 6th, 2015
Facebook surpassed General Electric, which traces its history back to Thomas Edison and the first light bulb, in market value Thursday as the U.S. economy sheds the last of its industrial influence and moves firmly into a digital age decades in ...
Venezuela will push for an oil price band at South American and Arab nations meeting
November 5th, 2015
Venezuela to push for oil price bands at Arab nations meeting Venezuela will push for an oil price band proposal at an upcoming summit in Saudi Arabia between South American and Arab nations, President Nicolas Maduro said. OPEC price ...
US fines Deutsche Bank $258m for working with Iran
November 5th, 2015
German company Deutsche Bank has been fined $285m (£185m) by US regulators for working with US-sanctioned countries Syria and Iran. The bank will pay penalties to the New York State Department of Financial Services and the Federal Reserve. Employees ...
