Fidelity Investments Inc has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase, the company said on Wednesday. The initiative, previously tested with the Boston-based money manager’s employees, is a rare example of an established financial services company warming up to cryptocurrencies. […]
Read moreU.S. credit card processing company Vantiv agreed on Wednesday to buy Worldpay, the U.K.’s largest payment processing company, for £8 billion ($10.4 billion). Worldpay said that for each of its shares, Vantiv offered 55 pence in cash, 0.0672 of a new Vantiv share, an interim dividend of 0.8 pence per Worldpay share, and a special […]
Read moreFrench soldiers were hit and injured by a vehicle in the western Paris suburb of Levallois-Perret, Paris police authorities said on Wednesday, adding that a security operation was underway in the area. “Police intervention is underway. Search underway for vehicle,” the Paris police department said in a Tweet. Six soldiers were hurt, four of them […]
Read moreNorth Korea’s miniaturization of nuclear weapons has gone from essentially the size of a large refrigerator a decade ago to something small enough to fit inside its ballistic missiles, according to experts. The U.S. believes that North Korea mastered miniaturizing nuclear devices on long-range missiles “months ago,” a government source told CNBC on Tuesday. That […]
Read moreDutch bank ABN Amro reported on Wednesday a larger than expected 45 percent rise in second-quarter underlying net profit to 960 million euros ($1.13 billion), helped by a growing loan book and lower costs. Analysts polled by the bank had on average expected a profit of 750 million euros, from the 662 million euros made […]
Read morePresident Donald Trump appears to have painted himself into a corner: He must now follow up on his pledge of hitting North Korea with “fire and fury,” or he risks further blowing U.S. credibility. Kim Jong-un’s regime threatened to strike Guam late on Tuesday shortly after Trump warned Pyongyang would face “power, the likes of […]
Read moreIt’s a conundrum: Despite Japan being a likely target of freshly erupting North Korean ire, traders still see the yen as a safe-haven play, and they’re pushing the currency higher. The yen has surged, with the dollar fetching as little as 109.71 yen in Asia trade, down from 110.82 overnight. The dollar/yen was at 109.88 […]
Read moreChina’s financial markets are shrugging off rising tensions between the U.S. and North Korea. The pariah state has produced a nuclear weapon that can fit inside its missiles, NBC News confirmed Tuesday, citing a U.S. intelligence official. The country is also seriously considering a strike on Guam, reported a state media outlet. In response, President […]
Read moreThe Congresswoman for the U.S. Pacific territory of Guam on Wednesday said she was confident U.S. forces could protect it from the “deeply troubling” North Korean nuclear threat. Madeleine Z. Bordallo called on President Donald Trump to show “steady leadership” and work with the international community to de-escalate tensions and stop North Korea advancing its […]
Read moreChinese e-commerce giant JD.com’s partnership with American retail corporation Wal-Mart is proving successful — leaving even large competitors like Amazon in its wake — according to JD.com International President Winston Cheng. “We’re integrating with Wal-Mart in a much tighter partnership, which … potentially, Amazon might do with Whole Foods,” Cheng told CNBC. “But for us, […]
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