Financial technology firm Revolut now has 2 million users signed up to its platform and is planning to launch a commission-free trading service. The London-based start-up said Thursday that its trading platform, called “Wealth,” would let users invest in a range of firms listed publicly in the U.K. and the U.S., in addition to other […]
Read moreTechnology plays a crucial role in modern life. But, for many, obtaining access to cutting-edge devices in order to develop skills and knowledge is no easy task. British charity the Raspberry Pi Foundation is looking to broaden access to computers and, in doing so, enlarge the programing know-how of those using them. “The original mission […]
Read moreEuropean markets are set to open in the green on Thursday, boosted by a rally in U.S. stocks on Wednesday and as new governments get to work in Italy and Spain. Italy’s FTSE MIB leads the gains, seen 153 points higher at 21,949. The German DAX is anticipated to open 60 points higher at 12,897. […]
Read moreThe host of fears and uncertainty about the future of artificial intelligence is groundless, Salesforce’s chief scientist said this week. While well-known names like Elon Musk, CEO of Tesla and SpaceX, have warned that AI technology poses a “fundamental risk to human civilization,” Salesforce’s Richard Socher explicitly disagreed. “What some folks like Elon Musk are […]
Read moreRegulators need to do more to allow new technologies that could help in the fight againstmoney laundering, as financial institutions are struggling with ever-growing compliance costs, an Asia finance industry group said on Thursday. Banks have been slapped with vast sums for not preventing money being laundered through their accounts, and the call for action […]
Read moreRescuers scoured a lava- and ash-ravaged landscape in Guatemala for a third straight day on Wednesday in search of survivors and victims of Fuego volcano’s calamitous eruption, which has killed at least 99 people. Volcan de Fuego, which means “Volcano of Fire,” exploded on Sunday in its most devastating eruption in more than four decades, […]
Read moreChinese exchanges are wooing international commodities traders in a bid to overtake longstanding benchmark prices — many of which are set in Europe and the U.S. — reflecting ambitious plans by the world’s second-largest economy to expand its influence overseas. In the last few months, Chinese exchanges have opened up the trading of derivatives products […]
Read moreChina has adopted new rules governing the issuance of securities that will allow the domestic flotation of overseas-listed innovators, the China Securities Regulatory Commission said in a notice published late on Wednesday. China is encouraging overseas-listed Chinese companies to launch secondary listings in the domestic market through the issuance of China Depositary Receipts (CDRs), modeled […]
Read moreJust weeks after John Bolton’s hardline rhetoric infuriated North Korea and nearly derailed a planned summit between Kim Jong Un and President Donald Trump, the U.S. national security advisor appears to have taken a back seat to Secretary of State Mike Pompeo for the historic meeting. While the hawkish Bolton — who has adopted a […]
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