Alternative cryptocurrency ethereum broke a fresh record high Wednesday. The digital currency was seen moving close to the $1,000 mark, edging up to an all-time high of $974.74 at about 6:40 p.m. ET, according to data from industry website CoinDesk. It is currently the third-largest cryptocurrency by market value, after being dethroned by another altcoin, […]
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SOME airports are known for being the antithesis of elegance. The reputation of Luton Airport in Britain was famously trashed by a television advert for Campari, a posh drink, in the 1980s. In the clip, a well-dressed man offered a drink of the stuff to a fashion model on holiday and asked, “Were you truly […]
Read moreThe euro zone economy closed out the year with the strongest growth in nearly seven years, driven by accelerating services and manufacturing activity across all major economies, a survey showed on Thursday. The news will put pressure on the European Central Bank to close out its aggressive stimulus this year, and coincides with the central […]
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READY for a melt-up? Investors are generally upbeat about the prospects for equity markets this year but one intrepid fund manager thinks it is likely that American share prices could rise by 50% in the next six months to two years. Perhaps the biggest surprise is the identity of that pundit: Jeremy Grantham. Mr Grantham, […]
Read moreThe share price of Chinese social network Renren has almost doubled after the company said it was raising money through a digital currency sale. Renren is looking to raise funds through an initial coin offering (ICO), according to a white paper released Tuesday. It laid out plans for a so-called “open social network platform based […]
Read moreIntel CEO Brian Krzanich sold off a large chunk of his stake in the company last year — after the chipmaker was already aware of serious security flaws in its computer processors, according to multiple reports. The chipmaker did not immediately respond to CNBC’s emailed request for comments sent outside U.S. office hours. Other outlets […]
Read moreEuropean markets are expected to open slightly higher on Thursday morning as investors reacted to robust economic data from both sides of the Atlantic, while oil prices hovered around two-and-a-half year highs amid unrest in Iran. The FTSE 100 is poised to open up 14 points at 7,685, while the DAX is seen up 53 […]
Read moreOne of North Korea’s test ballistic missiles last year crashed in a city not far from Pyongyang, according to new findings by online news magazine The Diplomat. In April, Pyongyang launched a Hwasong-12 intermediate-range ballistic missile that failed shortly after launch and ended up hitting the city of Tokchon, roughly two hours from the capital, […]
Read moreA Korean tech giant on Thursday announced new robots that take aim squarely at the jobs of many services industry workers around the globe. There have long been predictions that advances in artificial intelligence and automation could end up eliminating millions of jobs over time, and tech companies have been testing robots to carry out […]
Read moreChina warned of a “bumpy journey” in trade with the U.S. and “retaliatory measures” a day after Washington blocked MoneyGram’s proposed sale to a financial services firm affiliated with Chinese tech giant Alibaba. “It is not surprising that a number of Chinese companies have hit the buffers in Washington as trade tensions between the two […]
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