Search Results for: US Dollar
Qatar sees Brexit as an opportunity
March 30th, 2017
Qatar sees Britain’s exit from the EU as an opportunity to boost supplies of liquefied natural gas (LNG) to the world’s fifth-largest economy and is open to investing in British energy assets, Qatar’s energy minister said. The Gulf state ...
Asia Stocks Fall
March 30th, 2017
Oil surged Wednesday as inventories rose less than forecast Australian shares gain while Japanese, Chinese stocks retreat Asian stocks fell as investors approached the end of the quarter with the Trump administration attempting to move ahead with its legislative ...
Star investor Bill Gross reaches $81 million settlement with Pimco
March 29th, 2017
Legendary investor Bill Gross has reached an $81 million truce with Pimco, ending a war with the firm he founded and built into the world’s biggest bond manager. Gross and Pimco announced on Monday they reached an “amicable settlement” ...
All you need to know about Article 50 and the Brexit process
March 29th, 2017
The formal two-year process governing Britain’s departure from the European Union (EU) begins when Article 50 of the Treaty of Lisbon, which became law in 2009, is triggered on Wednesday. Here, CNBC breaks down all the issues as the ...
EY launches a global network of growth and innovation centers
March 29th, 2017
EY launches EY wavespace™, a global network of growth and innovation centers to help clients achieve radical breakthroughs Collaborative approach with technologists, business strategists and designers Enables clients to address industry-specific and cross-sector opportunities Strategic alliances leaders provide sophisticated ...
Sterling drops as May signs Brexit trigger for process to begin
March 29th, 2017
U.K.-EU ties will start to unravel around 1:30pm in Brussels May signals ’fierce determination’ to get good Brexit deal Sterling fell in early Asian trading as investors brace for the start of the two-year negotiation for the U.K. to ...
Deutsche Bank and its UK subsidiary to pay $775 million penalty
March 29th, 2017
DB Group Services (UK) Limited (DBGS), a wholly owned subsidiary of Deutsche Bank AG (Deutsche Bank), was sentenced today for its role in manipulating London Interbank Offered Rates (LIBOR) for U.S. Dollar and several other currencies. LIBOR is a ...
Two Trends That Will Force The Fed To Start Buying Stocks
March 27th, 2017
While the Japanese and Swiss central banks have turned themselves into hedge funds by loading up on equities, the US Fed has stuck to supporting the stock market indirectly, by buying bonds. It’s worked, obviously, with all major US ...
The Upcoming Trade War Between The U.S. And China Will Be The Biggest In The History Of The Planet
March 27th, 2017
The United States and China are the two largest economies in the world by far, and the upcoming trade war that is about to erupt will be cataclysmic for both sides. The Trump administration and the Chinese government are ...
A Bitcoin civil war is threatening to tear the digital currency in 2 — here’s what you need to know
March 27th, 2017
There’s a civil war in the bitcoin community over the digital currency’s future. Developers, miners, and other stakeholders are locked in a heated debate over how best to scale the network, with chances steadily rising of irreconcilable differences causing ...
