Top Investors Brush off Khashoggi Affair and Pour Money into Saudi Arabia
The murder of Saudi journalist Jamal Khashoggi at a Saudi Arabian embassy had created a lot of heat on investors to stop investing in the country. However, it is now…
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US Mobile Bank Chime Joins the Unicorn Star-Up Club with A $1.5 Billion Valuation
San Francisco based mobile banking start-up Chime raised an additional $200 million in Series D financing led by DST Global, valuing its business at $1.5 billion. The oversubscribed funding round…
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Turkish Central Bank Decides to Lower Reserve Level Requirements to Encourage Lending
The Central Reserve Bank of Turkey (CRBT) said on Saturday that it has decided to change its reserve ratios to facilitate liquidity in credit flow, as the Turkish economy shows…
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Trump to Declare Emergency Over Mexico Border Wall
President Donald Trump swore on Thursday that he would declare a national emergency in a surprising attempt to fund his proposed US-Mexico border wall without the support of the Congress.…
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Good News for Mt. Gox
Mt. Gox, the Bitcoin exchange launched in July 2010, which is based in Tokyo will be re-opening shortly, after it suspended its trading operations and filed for bankruptcy protection from…
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Future Looking Bright for Bitcoin
A Twitter user tweeted about how he wished he joined the bandwagon of Crypto users back in 2013, at a time when the Bitcoin was still in its infant stage.…
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Fire In Illinois Refinery And Rig Count Reduce Oil Prices In US
Oil futures of the International Brent Crude Oil decreased by 1.1% and ended at $61.39 for a barrel which is a decrease of about 71 cents due to a fire…
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Every Day Transactions of Bitcoin Show Upward Trend
As per the information received from transactionfee.info the volume of transaction done each day of Bitcoin has been seen to have increased most recently. The level of the increase is…
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Amazon Sales Forecast Lower Than Expected
On Thursday, Amazon Inc forecast its first-quarter sales. It was well below the estimated value by Wall Street. The company stated that the latest regulations in India had caused uncertainty…
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China’s Slowdown Affects Apple, Nvidia, and Caterpillar
The slow Chinese growth has impacted the global businesses hugely. It can be seen from the disappointing results from construction machinery giant Caterpillar and a pessimistic revenue forecast from chipmaker…
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