ECB’s Lagarde calls for regulating Bitcoin’s “funny business”
European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been
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Business News
Fiat/Peugeot Merger And Samson Resources M&A Demonstrate Post-Bankruptcy Events Can Drive Profitable Opportunities
Last year was a difficult one on so many levels—from the onset of the COVID-19 pandemic, through a rancorous national
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Crypto Market Erases $200 Billion In Market Value In 24 Hours; Regulator Warns Investors Could ‘Lose All Their Money’
As of 10:30 a.m. EST, the value of the cryptocurrency market has tanked to about $900 billion from a high
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EU may ask too high a price for financial services trade, BoE warns
Britain should not submit to the European Union’s financial services rules just to get better access to the bloc’s market
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NYSE to delist three Chinese telecom firms, reversing course again
The New York Stock Exchange said on Wednesday it will delist three Chinese telecom companies from Jan. 11, in another
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Nigeria maintains her lead as the largest economy in Africa, 26th largest economy globally: IMF
The International Monetary Fund (IMF), using the more reliable and now widely accepted yardstick said that Nigeria maintained its lead
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Nigeria’s inflation hits 14.89% as food prices reach 34-month high
This represents the highest inflation rate recorded since January 2018, when the rate stood at 15.13%. Excerpts from the report
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FTSE 100 wraps up worst year since 2008 financial crisis
The blue-chip FTSE 100 closed Thursday’s shortened trading session lower and clocked its worst year since the 2008 financial crisis
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The World’s 2,000 Billionaires Have More Wealth Than Almost 5 Billion People Combined
Wealth inequality is nothing new, but it’s reached staggering proportions in 2020. An Oxfam report released in January found that
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Erdogan says Turkey will break economic ‘triangle of evil’ with reforms
Turkey will bring in structural reforms to break the “triangle of evil” of interest rates, inflation and exchange rates, President
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China to overtake US as largest global economy by 2028 — report
China’s response to the coronavirus pandemic has cleared its path to become the world’s largest economy before the end of
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EU Rebuffs Boris Johnson’s Latest Brexit Concession on Fish
The European Union rebuffed Prime Minister Boris Johnson’s latest concessions on fishing rights, dealing a setback to efforts to secure
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Coca-Cola cutting 2,200 jobs globally
Beverage company Coca-Cola said Thursday (December 17, 2020) it’s laying off 2,200 workers, or 17% of its global workforce, as
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Apple targets car production by 2024
Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include
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Euro jumps as ECB goes easy, stocks little changed
The euro climbed on Thursday as the European Central Bank disappointed some investors hoping for a bigger stimulus boost, while
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