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Read moreAs we reach the midpoint of what’s been an eventful and at times uncertain year, one thing is clear: Volatility has returned. Global stock markets fell as much as 9 percent between January and March, with implied volatility rising to levels seen only three times since the global financial crisis. Investors with whom I speak […]
Read moreChip maker Qualcomm jumped as much as 5 percent Thursday after news of a deal between U.S. officials and Chinese telecom giant ZTE. The leading U.S. chipmaker had for weeks been caught in the crosshairs of growing trade tensions. U.S. officials had banned American companies from selling components to ZTE, and Qualcomm is a major […]
Read moreCurrency, United States Finance
Ukraine’s parliament on Thursday successfully voted to establish an anti-corruption court, a key requirement of unlocking a $17.5 billion International Monetary Fund (IMF) relief package designed to bolster the country’s struggling economy. But the international lender has yet to greenlight the funds, as it remains to be seen whether the law for the anti-corruption court […]
Read morePhilip Morris International is planning to launch its iQOS smoking device in India, four sources familiar with the matter told Reuters, as the tobacco giant seeks a foothold in a country with the world’s second-biggest smoker population. Philip Morris says the sleek, pen-like iQOS heats but does not burn tobacco, producing a nicotine-containing vapor rather […]
Read moreRoughly $1.1 billion worth of cryptocurrency was stolen in the first half of 2018, and unfortunately for owners, it’s pretty easy to do, according to cybersecurity company Carbon Black. Criminals use what’s known as the dark web to facilitate large-scale cryptocurrency theft. There are now an estimated 12,000 marketplaces and 34,000 offerings related to cryptotheft […]
Read moreSome people looking to secure a career in the technology sector might fear they are at a disadvantage if they lack technical skills like programming. But according to the head of Google’s co-working campus in London, technical skills are not a prerequisite. “When I first came into tech, I was like, ‘Isn’t that just coders?'” […]
Read moreTarget has reached an important milestone in the delivery wars versus Walmart, Amazon and others. The company is now more than halfway through its rollout of same-day delivery with Shipt and the launch of a curbside pickup service known as “Drive Up.” Its goal, which Target said it’s well on track to meet, is to […]
Read moreAmazon announced the Fire TV Cube on Thursday. It’s basically a Fire TV with a speaker and the Alexa smart assistant built-in. Amazon hasn’t done this before. The Fire TV Cube connects to your TV and can provide up to 4K UHD content from Amazon Prime services, Hulu, Netflix and other apps. It also serves […]
Read moreThe dollar still has room to climb, looking particularly strong in the short-term — and this will deliver another hit to emerging markets, currency expert Simon Derrick told CNBC on Thursday. “In the short term, I think the dollar probably would be a stronger rather than a weaker currency,” Derrick, who serves as chief currency […]
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