CBOE May Support Ethereum Futures

Citing an unnamed source with knowledge of the situation, Business Insider reports that CBOE wants to become the first US exchange to list an ethereum futures product, which would transform ether into more of a two-sided market by allowing pr... More..

by | Published 21 days ago
Exhausted of traffic in India? Uber flying taxis could come here first
by | Saturday, September 01, 2018

Exhausted of traffic in India? Uber flying taxis could come here first

Slated to kickoff in five years, Uber customers in launch cities will be able to push a button and get a flight on demand. It has now shortlisted five countries - India, Japan, Australia, Brazil and France - ...More..

KFC contest giving $11K to parents who name baby 'Harland'
by | Saturday, September 01, 2018

KFC contest giving $11K to parents who name baby 'Harland'

The contest is open from September 9 to October 9 and the prize money will be awarded in the form of a check to go toward the baby's college education. This email will be delivered to your inbox once a day in t...More..

Google's Secret Deal With Mastercard Tracks Offline Spending
by | Saturday, September 01, 2018

Google's Secret Deal With Mastercard Tracks Offline Spending

The data Google collected as part of the partnership allowed it to design a tool for advertisers that broke down whether people who clicked on an advert online later went on to purchase the advertised product i...More..

Energy Industry Awaiting Details on Tentative U.S.-Mexico Trade Pact
by | Saturday, September 01, 2018

Energy Industry Awaiting Details on Tentative U.S.-Mexico Trade Pact

Despite the apparent breakthrough on those subjects, a deal with Canada is far from certain. Investors have embraced the preliminary pact as good news for Canada's auto parts industry. According to USA official...More..

India’s GDP Grew 8.2% in the Last Quarter
by | Saturday, September 01, 2018

India’s GDP Grew 8.2% in the Last Quarter

But even more important is the fact that growth has bounced back in the manufacturing and construction sectors, which are considered critical for employment generation. The GDP grew at a rate of 7.7 per cent in...More..

What is the 'new Nafta' and why was the old one controversial?
by | Saturday, September 01, 2018

What is the 'new Nafta' and why was the old one controversial?

The message was sent after NAFTA talks with Ottawa failed to produce a deal before Trump's Friday deadline . On Aug. 27, the United States signed a new trade deal with Mexico to replace the North America...More..

Brazil could limit number of Venezuelans crossing border
by | Saturday, September 01, 2018

Brazil could limit number of Venezuelans crossing border

Earlier in the day, President Michel Temer signed a decree to send armed forces to reinforce security in Roraima, which led to rumors about a federal intervention. Urgent situation "It's not just Brazil endurin...More..

by | Saturday, September 01, 2018

Ford Cancels China-Made Import Because Trump

A Ford spokesman said the company would not reconsider its decision even if tariffs were eventually lifted. Fewer than 50,000 were planned to be sold. Ford said it would bring the Focus Active to the U.S.in Apr...More..

Tencent Shares Hurt as Chinese Government Weighs in on Games and Health
by | Saturday, September 01, 2018

Tencent Shares Hurt as Chinese Government Weighs in on Games and Health

The massive plunge in its market value compares with Netflix's current market capitalisation of $162 billion. The limits came around the same time as Tencent drew scrutiny from China's communist party mou...More..

Rupee hits fresh low, closes at 19.31 against UAE dirham
by | Friday, August 31, 2018

Rupee hits fresh low, closes at 19.31 against UAE dirham

This came on the back of a plunge of 49 paise against the dollar on Wednesday when it closed on 70.59. Rising oil prices and the weakening currency have already created a flawless storm for India, where oil d...More..

U.S. scraps tariffs on Canadian paper in win for newspaper publishers
by | Friday, August 31, 2018

U.S. scraps tariffs on Canadian paper in win for newspaper publishers

The U.S. says more than $1.2 billion worth of uncoated groundwood paper used for newspapers, commercial printing and book publishing was imported from Canada a year ago. "As a result of the USITC's negative d...More..

Argentina Hikes Interest Rate to 60 percent as Peso Crashes
by | Friday, August 31, 2018

Argentina Hikes Interest Rate to 60 percent as Peso Crashes

Nerves are frayed in Latin America's No. 3 economy as it struggles to break free from its notorious cycle of once-a-decade financial crises. The peso is down a whopping 45% in 2018 alone with inflation runnin...More..

'Shape up or we'll quit,' Trump tells WTO
by | Friday, August 31, 2018

'Shape up or we'll quit,' Trump tells WTO

A U.S. withdrawal from the WTO would severely undermine the multilateral trading system that the United States helped to build. Unnerving global markets by reviving fears of a spiralling global trade war, Mr ...More..

European Commission wants to abolish daylight saving time system
by | Friday, August 31, 2018

European Commission wants to abolish daylight saving time system

Here, a view of the astronomical clock at the University of Cologne in Germany. European Commission President Jean-Claude Juncker said he hoped a July "ceasefire agreement" with US President Donald Trump to r...More..

by | Friday, August 31, 2018

Q1 GDP growth rate zooms to 8.2%, highest in over two years

The economic activities which registered year-on-year growth of more than 7 per cent during the June quarter are manufacturing, electricity, gas, water supply and other utility services, construction, and pub...More..

‘Not good enough’: Trump rejects European Union offer to dump auto tariffs
by | Friday, August 31, 2018

‘Not good enough’: Trump rejects European Union offer to dump auto tariffs

The next stage of tariffs on US$16 billion of goods took hold in August. "Their consumer habits are to buy their cars, not to buy our cars", Trump said in an interview with Bloomberg News. The EU remains at o...More..

Costa Coffee SOLD to soft drinks giant Coca-Cola in shock £4bn deal
by | Friday, August 31, 2018

Costa Coffee SOLD to soft drinks giant Coca-Cola in shock £4bn deal

Whitbread announced earlier this year that it was planning to spin off Costa . Brittain said Costa coffee could in future be seen "everywhere you see Coca-Cola today". Whitbread acquired the chain in 1995...More..

Maker of James Bond's favourite sports car eyes stock market
by | Friday, August 31, 2018

Maker of James Bond's favourite sports car eyes stock market

Italy's Invest Industrial and the Kuwait's Investment Dar will sell down some of the shares they own in Aston Martin , while Daimler , which owns 4.9% of the company, will remain a shareholder and technology ...More..

Trump Signals Intent to Nix Proposed Federal Pay Increase
by | Friday, August 31, 2018

Trump Signals Intent to Nix Proposed Federal Pay Increase

But, in a letter to House Speaker Paul Ryan Thursday , Trump wrote "We must maintain efforts to put our Nation on a fiscally sustainable course, and Federal agency budgets can not sustain such increases". It's...More..

by | Friday, August 31, 2018

Argentina's peso tumbles further, despite interest rate hike to 60pc

It estimates gross domestic product will contract by 1% next year, compared with previous expectations for a 3% expansion. "Investors are increasingly concerned Latin America's third-largest economy could soo...More..

Inventor James Dyson building EV development facility with test track
by | Friday, August 31, 2018

Inventor James Dyson building EV development facility with test track

Dyson has already restored Hullavington's hangars, and now it will be creating new buildings and areas to put the secretive battery-powered electric vehicle it is currently developing through its paces. "We are...More..

Behold: A Flying Tesla Model S
by | Friday, August 31, 2018

Behold: A Flying Tesla Model S

Multiple angles show the vehicle traveling at an unsafe speed and ramping a set of railroad tracks. Both the driver and passenger sustained minor injuries. Online readers have pointed out that the driver hit ...More..

Court quashes Ottawa's approval of Trans Mountain expansion
by | Friday, August 31, 2018

Court quashes Ottawa's approval of Trans Mountain expansion

An executive summary of the ruling was written by Justice Eleanor Dawson and released on Thursday morning, revealing that the National Energy Board's assessment of the project was extremely flawed and too unr...More..

UK to ban sale of energy drinks to kids
by | Thursday, August 30, 2018

UK to ban sale of energy drinks to kids

They include headaches and hyperactivity. Children will be banned from buying energy drinks under government plans to tackle childhood obesity and bad behaviour in schools. The policy would only apply to En...More..

Warren Buffett’s Berkshire picks up stake in Paytm
by | Thursday, August 30, 2018

Warren Buffett’s Berkshire picks up stake in Paytm

Buffett has traditionally invested in companies from sectors such as consumer, energy and insurance. For Berkshire, which is under pressure to find investments and whittle down a $108.6 billion stockpile of c...More..

by | Thursday, August 30, 2018

International Monetary Fund studying Argentina request for early help as peso crashes

President Mauricio Macri's government sent the Argentine Peso tumbling lower nearly 8% against the US Dollar on Wednesday and the selling pressure remained unabated at the opening this morning. "Over the la...More..

by | Thursday, August 30, 2018

Panasonic plans United Kingdom office relocation before Brexit

While on the surface this sounds like a way to attract business, "excessive tax cuts could earn the country (UK) tax-haven designation, creating the possibility that companies operating there could be slapped w...More..

Ready to abandon nuclear deal if needed: Iran's Ayatollah Ali Khamenei
by | Thursday, August 30, 2018

Ready to abandon nuclear deal if needed: Iran's Ayatollah Ali Khamenei

Traders said crude prices have been supported by the prospect of USA sanctions against Iran, which will start to target its oil industry from November. Iran's crude oil and condensate exports in August are set ...More..

by | Thursday, August 30, 2018

Putin softens raising of retirement age in rare TV address

Russia's economy has been hobbled over the past few years by Western sanctions following the annexation of Crimea and lower oil prices. The retirement age is supposed to be raised gradually - by one year eve...More..