Ever have a situation where you pay on the wrong card and then have to spend time sending money from one bank account to the next? That’s a problem financial technology or fintech start-up Curve is trying to solve with the launch of its patent-pending “time travel” feature on Monday. Curve is a London, U.K.-based […]
Read moreIn March 2016, John Podesta, the former chairman of Democratic candidate Hillary Clinton’s presidential campaign, was fooled into entering his password for his private Gmail account. And last week, ransomware cyberattacks again ravaged the globe, locking down files of major corporations and demanding they pay a ransom to unlock them. According to the CEO of […]
Read moreSeventeen people were killed when a coach burst into flames after colliding with a lorry on a motorway in the German state of Bavaria on Monday, local newspaper Frankenpost said. Frankenpost did not identify its source for the information and police were not immediately available to comment when contacted by Reuters. A police spokesman told […]
Read moreIndia’s historic tax reforms, rolled out on Jul. 1, are expected to be a positive for the fast-moving consumer goods (FMCG) companies and firms producing consumer durables, analysts at Nomura said in a note. The new Goods and Services Tax (GST) regime replaces a thicket of indirect central and state levies that critics argue have […]
Read moreFrench bank Societe Generale said Monday it has teamed with the Singapore Exchange to introduce one of Europe’s “fastest growing” trading products into Asia — something called “daily leverage certificates.” The certificates, or DLCs, are exchange-traded products that allow investors to multiply their returns by betting on the daily rise and fall of the underlying […]
Read moreTesla Inc.’s high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night. “(Model 3) Production grows exponentially, so Aug should be 100 cars and Sept. above 1,500,” Musk said on Twitter. “Looks like we can reach 20,000 Model 3 cars per month […]
Read moreTesla Motors’ first mass-market car, the Model 3, will begin rolling off the line on Friday, two weeks earlier than planned, Elon Musk, the company’s chief executive, said late Sunday. Mr. Musk said on Twitter that production would increase quickly, with 100 Model 3s produced in August and 1,500 or more in September. He said […]
Read moreFinancial systems in Asia have improved tremendously since the Asian Financial Crisis swept the region 20 years ago, but the world’s second-largest economy, China, is presenting fresh risks, experts told CNBC on Monday. The crisis was triggered by a devaluation of the Thai baht on July 1997, which sparked a contagion effect across the region. […]
Read moreIran plans to sign a new contract to develop its giant South Pars gas field with France’s Total and China’s CNPC on Monday, the first major Western energy investment since sanctions against Tehran were lifted, an Iranian oil ministry official told Reuters on Sunday. A spokesman for Total confirmed the company will sign the contract […]
Read moreCurrency, United States Finance
Op-Ed: May’s political troubles sow Brexit confusion, undermines economy
It is now just over a year since the UK’s non-binding referendum vote to extricate itself from the European Union. And in the 12 months since, amid electoral surprises, incessant speculation and endless political posturing, the British economy has not – by some measures – performed particularly well. The most recent public data shows the […]
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