Search Results for: IPO
Bitcoin ATM Goes Live at Google’s London Co-Working Space
November 6th, 2014
Visitors to Google’s ‘Campus London’ co-working space will now be able to buy bitcoin and spend the cryptocurrency on a coffee or muffin thanks to its new bitcoin ATM. Conveniently, the UK’s first BitAccess-made machine is located in the ...
Samsung Electronics seeks China turnaround, unveils mid-tier handsets
October 31st, 2014
Samsung Electronics Co Ltd unveiled two new mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world’s biggest smartphone market. ...
Twitter seeks developers and acquisitions
October 23rd, 2014
Twitter is trying to grow beyond its main messaging app and use acquisitions to become a mobile platform capable of competing with its larger rivals Google, Apple and Facebook. The company will unveil a suite of tools for app ...
Saudi’s NCB to convert to Islamic bank after pressure from scholars
October 21st, 2014
Saudi Arabia’s biggest bank has responded to criticism of its operations from Islamic scholars by pledging to convert itself into a full-fledged Islamic bank within about five years. The decision, made as the bank launches a $6 billion initial ...
The future of the Shanghai Cooperation Organisation
October 17th, 2014
China recently reaffirmed that it backs India and Pakistan becoming members of the Shanghai Cooperation Organisation (SCO). At the 14th meeting of the Council of Heads of States of SCO on 12 September, Chinese President Xi Jinping called for ...
Dubai, Saudi, Qatar bourses plunge amid oil price decline
October 17th, 2014
Markets across the Middle East tumbled on Thursday as global equities and oil prices continued to decline, while Saudi Arabia’s drop was magnified by investors selling to prepare for a $6 billion initial public offer of shares. Brent crude ...
Libya’s Sovereign Fund and Goldman Sachs Clash in Court
October 7th, 2014
A witness in a lawsuit against Goldman Sachs brought by the Libyan Investment Authority says she was stunned by a lack of due diligence in $1.2 billion in trades designed by Goldman. When Catherine McDougall, a lawyer from Allen ...
When the carnival is over: Australia’s surprising G20 legacy
October 6th, 2014
The genesis of the G20 is a tale of two crises. The first — the Asian financial crisis — led to the creation of the G20 as a meeting of finance ministers and central bank governors from 19 of ...
Germany’s Merck To Buy Sigma-Aldrich For $17 Bn
September 23rd, 2014
Drugs and chemicals maker Merck KGaA agreed on Monday (22 September) to acquire US company Sigma-Aldrich for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group’s history. The deal helps Merck, ...
Why The Bitcoin Price Dropped Today
September 19th, 2014
Normally in the Bitcoin world sudden price fluctuations ranging from $10-$30 can be attributed to market manipulation by large holders of the virtual currency. However, when the price changes greater than $30 in a short period of time there ...
