Russians to Be Allowed ICO Investments up to $9,000 per Year
Russian lawmakers have revised another bill regarding the regulation of the industry built around cryptocurrencies. In its latest version, the draft law on crowdfunding sets […more]
U.S. oil prices climb after tumble, but oversupply worries drag
U.S. oil prices rose on Wednesday to claw back part of their more than 5 percent losses from the previous session, with worries about oversupply […more]
Angry shareholders slap down National Australia Bank's executive pay plans
National Australia Bank shareholders delivered an unprecedented protest vote against the lender’s executive remuneration plans on Wednesday, the latest display of investor disquiet over poor […more]
Oil drops over 5 percent on economic slowdown fears, supply glut
Oil prices tumbled more than 5 percent on Tuesday in heavy trade due to fears of oversupply and deteriorating demand, extending a selloff that has […more]
Elon Musk's Boring Company set to unveil its first Los Angeles-area tunnel
The Boring Company, Elon Musk’s underground transit venture, planned an unveiling of its first tunnel on Tuesday, two years after the billionaire entrepreneur complained about […more]
FedEx sees global trade slowdown, says U.S. economy still 'solid'
FedEx Corp on Tuesday slashed its 2019 forecast after Europe’s economy weakened and the U.S. trade row exacerbated a slowdown in China, sending shares in […more]
SoftBank Corp shares slide 10 percent on debut after record Japan IPO
SoftBank Corp shares slumped more than 10 percent in their debut on Wednesday, as investor appetite for Japan’s biggest ever IPO was hurt by a […more]
SoftBank shares fall 10 percent vs. IPO price in Tokyo market debut
SoftBank Corp shares slid in its market debut on Wednesday, as investor appetite was spoiled by a major service outage this month and worries over […more]
Asia braces for Fed as plunge in oil boosts bonds
Asian share markets played second fiddle to bonds on Wednesday as a spectacular fall in the price of oil fanned speculation the U.S. Federal Reserve […more]
High taxes could hasten bank moves from Britain after Brexit
Britain risks driving banks overseas if current high levels of taxation on the industry are maintained after Brexit, a bank lobby group said on Wednesday. […more]