President Vladimir Putin on Monday ordered Russian forces in Syria to start withdrawing, saying that after a two year military campaign, Moscow and Damascus had achieved their mission of destroying Islamic State. Putin made the announcement during a surprise visit to Russia’s Hmeymim air base in Syria’s Latakia Province where he held talks with Syrian […]

Bitcoin‘s meteoric price rise has stunned critics and enthusiasts alike, leaving investors scrambling to understand the fundamental reason for the digital currency’s runaway rally. Valentin Marinov, head of G-10 FX research at Credit Agricole CIB, told CNBC on Monday that he was hopeful he now understood the reason behind bitcoin’s soaring value. He predicted further […]

International sales of arms and military services grew again in 2016 after five years of consecutive decline, according to new data by the Stockholm International Peace Research Institute (SIPRI). The world’s 100 largest armaments firms posted total sales of $374.8 billion in 2016, 1.9 percent higher than in 2015, the research institute said Monday. SIPRI […]

European stocks are expected to open higher on Monday morning as investors focus on two upcoming monetary policy meetings. The FTSE 100 is seen 29 points higher at 7,422; the German DAX is set to start up by 19 points at 13,182 and the CAC 40 is seen up by 9 points at 5,410, according […]

Germany‘s intelligence service has published the details of social network profiles which it says are fronts faked by Chinese intelligence to gather personal information about German officials and politicians. The BfV domestic intelligence service took the unusual step of naming individual profiles it says are fake and fake organizations to warn public officials about the […]

Customers of mobile-only banking start-up Revolut had a tough time accessing the app Thursday. The financial technology firm lets people spend and transfer money internationally without fees. But when it decided to allow users to buy, hold and exchange cryptocurrencies including bitcoin, Ethereum and Litecoin, some ran into difficulty. Revolut introduced a temporary queuing system […]

Bitcoin mania could prove to be the flashpoint for some of the world’s largest oil producing countries to make a major move against the dollar, according to one commodity analyst. The world’s most popular cryptocurrency has skyrocketed in recent months, soaring above $19,000 on Thursday on the Coinbase exchange, before notching a huge decrease. Such […]

Brexit negotiators claimed Friday they had reached a crucial breakthrough in talks, after six months of intense discussions. CNBC highlights the main points from the new joint agreement. March 29, 2019 will be the cutoff point, or “specified date,” for citizens’ rights. This means that negotiators have agreed to keep the current rights applied to […]

Uber’s licence to operate in the northern English city of Sheffield was suspended last Friday after it failed to respond to requests about the management of its taxi app, the local authority said. The firm can continue to operate until Dec. 18 and if it chooses to appeal the suspension, it can still run until […]

Bitcoin investors could learn a valuable lesson from the Dutch tulip bulb mania of the 1630s, according to a global banking regulator. When asked whether cryptocurrencies, such as bitcoin, had ignited any financial stability concerns, Stefan Ingves, chairman of global regulators at the Basel Committee and governor of Sweden’s Riksbank, told CNBC: “I think it’s […]