BIS Chief Reverses Stance On Cryptos

BIS Chief Reverses Stance On Cryptos

From “Ponzi” To “We’re Working On It” – Cryptos Hater BIS Chief Reverses Stance On Cryptos The head of the Bank of International Settlements (BIS) has appeared to U-turn on issuing digital currencies after a fresh interview with the Financial...
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Libra – Briefly Explained

Libra – Briefly Explained

It’s Facebook’s new cryptocurrency. The point is that you can send money all over the world with lower fees than if you were to engage, say, Western Union. It’s shady as hell, though. You remember Tyler and Cameron Winklevoss? The...
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Hinduja-Etihad consortium gearing up for Jet Airways bid

Hinduja-Etihad consortium gearing up for Jet Airways bid

Also Tata’s, Qatar Airways in exploratory mode. After failed negotiations earlier with multiple suitors, the SBI-led consortium decided to take Jet Airways to the bankruptcy court on June 17 and on June 20, the National Company Law Tribunal (NCLT) admitt...
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480 pilots sue Boeing, FAA revealed new glitch in 737 MAX

480 pilots sue Boeing, FAA revealed new glitch in 737 MAX

480 737 MAX pilots sue Boeing over ‘unprecedented cover-up’ that led to crashes & grounding. A class-action lawsuit against Boeing reportedly accuses the US aviation giant of covering up the faulty sensor issue and keeping pilots in the dark about...
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Verizon Media’s new CEO about new strategy to turn things around

Verizon Media’s new CEO about new strategy to turn things around

New CEO Guru Gowrappan has a big job to do after inheriting a fragmented business that is losing millions. Guru Gowrappan has flown into Cannes via London, where he watched Australia survive a scare against underdogs Sri Lanka in the...
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Merrill Lynch Caught Criminally Manipulating Precious Metals Markets

Merrill Lynch Caught Criminally Manipulating Precious Metals Markets

Merrill Lynch Caught Criminally Manipulating Precious Metals Market “Thousands Of Times” Over 6 Years.  When it was pure conspiracy theory to accuse one or more banks of aggressively, compulsively and systematically manipulating the precious metal...
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Carrefour prepares to exit China

Carrefour prepares to exit China

Carrefour prepares to exit China, sells 80% stake to Suning. Carrefour has announced that it’s selling 80% of its China operations to Chinese retail giant Suning for 4.8 billion yuan ($700 million). The French supermarket giant retains two of seven seats...
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S-500 Prometheus was accepted into service

S-500 Prometheus was accepted into service

The Russian Anti-Ballistic and Anti-Aircraft system S-500 Prometheus was accepted into evaluation phase service and already protects Russia. The S-500 Prometheus Anti-Ballistic and Anti-Aircraft missile system, according to expert estimates, uses brand new ra...
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Old Moneycreators Panicking

Old Moneycreators Panicking

G7 Forming Task Force in Response to Facebook’s Libra Cryptocurrency. With the recent unveiling of Facebook’s Libra cryptocurrency raising regulatory questions, France is forming a task force within the Group of Seven (G7) nations to examine the issues. Re...
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American Airlines prefer European Airbus over US planemaker Boeing

American Airlines prefer European Airbus over US planemaker Boeing

The world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. European aerospace giant Airbus....
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MoneyGram soars 168% from Ripple symbolic investment

MoneyGram soars 168% from Ripple symbolic investment

On Tuesday, money-transfer company MoneyGram saw its stock soar an eye-popping 168% after banking software company Ripple announced it will buy $30 million of MoneyGram shares at a huge premium of $4.10 per share, with the option to buy another...
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Facebook has finally revealed the details of its cryptocurrency Libra

Facebook has finally revealed the details of its cryptocurrency Libra

Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with small fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery...
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Paris Air Show 2019 kicks off at Le Bourget

Paris Air Show 2019 kicks off at Le Bourget

Boeing under pressure at Paris air show while Airbus reveals new plane. Boeing CEO Dennis Muilenburg will be under the spotlight at this week’s Paris air show following the two 737 Max crashes that killed almost 350 people. While plane manufacturers...
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Broadcom Thinks The Huawei Ban Will Cost It $2 Billion

Broadcom Thinks The Huawei Ban Will Cost It $2 Billion

Broadcom Thinks The Huawei Ban Will Cost It $2 Billion This Year. Broadcom (NASDAQ: AVGO) released its second-quarter results yesterday and the company had some bad news for investors in its forecast. The company, based in the U.S., sees a...
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Facebook’s cryptocurrency Libra to debut next week

Facebook’s cryptocurrency Libra to debut next week

Facebook’s cryptocurrency Libra to debut next week backed by Visa, Mastercard, Uber, and others, with a launch to follow in 2020. Facebook has secured the backing of over a dozen companies for its upcoming Libra cryptocurrency set to be announced next...
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