Search Results for: ICO
International Law firm Pinsent Masons acquires majority stake in cloud-based compliance Venture
July 29th, 2015
International law firm Pinsent Masons has announced that it is to acquire a majority stake in Cerico, the cloud-based compliance joint venture which it launched in conjunction with IT consultancy Campbell Nash two years ago. Cerico is a technology-driven solution that ...
8 Banking Giants Embracing Bitcoin and Blockchain Tech
July 28th, 2015
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. Due in part to its initial billing as a threat ...
Is it all over for Gold?
July 28th, 2015
With prices at five-year lows, Annabelle Williams asks whether the precious metal is truly hammered The Gold price has been hammered in the last few weeks, leaving the precious metal at the lowest prices for five years. Gold took ...
BP Has Worst Profit in 10 Years on Libya Write-Off, Trading
July 28th, 2015
BP Plc reported the lowest quarterly profit in at least 10 years after a boom in trading faded and the conflict in Libya forced almost $600 million of writedowns. Profit adjusted for one-time items and inventory changes dropped to ...
One of the World’s largest Mutual Fund wants to trademark Fidelitycoin
July 27th, 2015
FMR LLC, which is the parent company of Fidelity Investments, has filed with the US Patent Office and Trademark Office to trademark “FIDELITYCOIN.” Application number 86699431 concerns “financial services, namely, financial exchange services for virtual currency; electronic wallets; charitable services in ...
Greece’s headache: how to lift the capital controls?
July 27th, 2015
It is just the headache Greece‘s government does not need right now: how can it loosen the capital controls that are shielding its banks, but strangling the rest of the economy? For the past month, Greece has been financially ...
7 bitcoin-related court cases
July 24th, 2015
Bitcoin is back in the headlines again this week, but for all the wrong reasons. It surfaced yesterday that two operators of bitcoin exchange Coin.mx were being charged by US prosecutors for working without a money transmission license. This ...
WTO members seal trillion-dollar IT trade deal
July 24th, 2015
World Trade Organization (WTO) members finalized a deal on Friday to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment. The agreement to update ...
Apple wiped almost $40 billion from its value
July 23rd, 2015
The biggest technology rally since October was knocked cold, as disappointing earnings reports punished Microsoft Corp. and gave Apple Inc. its biggest loss this year. Five days after Google Inc.’s earnings spurred the largest one-day wealth creation by any ...
A profound change for China’s SOEs
July 22nd, 2015
The rapid rise of China’s outbound direct investment in the past decade is a significant economic phenomenon, one met with a lot of resistance in some destination countries, particularly due to the abundance of state-owned enterprises. But despite concerns over ...
