Search Results for: MoU
Iran resumes oil export to Europe after 5-year-halt
February 15th, 2016
Iran has shipped crude oil to Europe for the first time in five years just a month after world powers lifted sanctions on Tehran in step with the landmark nuclear deal reached last July. The oil shipment to Europe ...
KPMG forecasts more pain for Dubai housing
February 15th, 2016
House prices in Dubai will continue to suffer this year as cheap oil and the strong US dollar push properties beyond the means of many overseas investors, according to the latest report from consultants KPMG. The low global price ...
Here’s what the future of bitcoin looks like — and it’s bright
February 15th, 2016
Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this ...
Gold outlook improves
February 12th, 2016
There is a conflation of three related events that materially alter the prospects in favour of a higher gold price. The change in the outlook for US interest rates has probably put an end to the dollar’s four-year bull ...
The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work
February 12th, 2016
THE BITCOIN COMMUNITY can’t even agree on whether it’s breaking up. Last month, Mike Hearn—an ex-Googler and one of the biggest names working on the software underpinning bitcoin—made more than a few headlines when he called the digital currency “a failed ...
FIS and PayPal Set Pace for Cardless Cash in the United States
February 12th, 2016
Key facts FIS and PayPal collaborate on technology that gives consumers access to their bank accounts with one touch from their smartphones at more than 2,000 ATMs today nationwide. FIS Cardless Cash makes getting cash more secure for consumers ...
Reversal Of Fortunes: Capital Pours Out Of Banks And Into Gold
February 12th, 2016
For banks, the recent news is pretty grim. But it’s about to get much worse, based on the following: Yield Curve Flattens: Now 10-Year Yields Just 1% More than 2-Year (Barrons) – Ye olde yield ...
Budapest gets bitcoin taxis
February 12th, 2016
Do you need a taxi and don’t have cash or a credit card? Well if you’re in Hungary’s capital Budapest you’re in luck if you hold some bitcoin. It is the latest city where you can use the virtual currency ...
Morgan Stanley to pay $3.2 billion to settle financial crisis-era charges
February 12th, 2016
Morgan Stanley (MS.N) will pay about $3.2 billion to settle charges that it misled investors in residential mortgage-backed securities that later soured during the financial crisis, federal and state officials said Thursday. The case stems from an investigation by the ...
Facebook ‘colonialism’ row stokes distrust in Zuckerberg
February 11th, 2016
Mark Zuckerberg has moved quickly to put a digital bargepole between himself and one of Facebook‘s influential and well-regarded board members. He was attempting to limit the damage caused by a tweet that could have far-reaching consequences as he continues to ...
