Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Greece's drama, its relations with Troika and future of European economy...
As expected, the Monetary Policy Committee (MPC) has just announced that it voted to maintain the Bank Rate and the stock of asset purchases at 0.50% and GBP375bn, respectively. There was no statement in connection with the announcement...
Yet another project is graduating from experiment to proper part of Google. Only two weeks ago, Glass left the confines of the Skunk Works-like Google X and became its own division headed up by Nest co-founder Tony Fadell...
Oil can still descend as low as $30, analyst John Kilduff said in an interview with CNBC on Thursday...
The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5 percent. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at GBP375bn. The minutes of the meeting will be published at 9...
The deal gives Google access to Twitter’s firehose and all the data generated by the social network. Google and Twitter reached an agreement Wednesday to begin incorporating tweets into Google searches for the first time since 2011...
While Greece's new Prime Minister and finance minister travel around the European capitals in attempt to discuss Greece's tough bailout situation, the European Central Bank heaped pressure on Greece’s new government by restricting access to its direct liquidity lines, citing concerns about the co...
Speaking in Melbourne on Thursday, Rio Tinto executive Alan Davies bemoaned the lack of large mineral discoveries in recent years, which had coincided with dramatic cuts to spending on exploration from mining companies...
Facebook will reportedly set up a new office in Taiwan which will be engaged in platform advertising sales. Facebook said in a statement that the company will establish a small team in Taipei...
According to a fresh study by a market research group GfK, Europeans look set to spend more money throughout 2015. Retailers, however, will hardly get enough profit...
Chinese e-commerce giant has started testing delivery drones in three major cities, seeking to overcome logistics barriers in the country and creating competition to Amazon...
Alibaba and its executives may feel the sting of American jurisprudence as law firms line up for possible class action lawsuits in the United States against the Chinese e-commerce company. At least five law firms so far have expressed intentions to commence class actions against Alibaba...
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Regulators, litigious drivers and hostile members of the media world might be not the biggest threat for Uber, which is now has to deal with its biggest rival - a former ally and biggest investor Google - close to home...
On Tuesday Greece's new Prime Minister Alexis Tsipras is meeting Italian center-left Prime Minister Matteo Renzi, as he continues a diplomatic tour around Europe...
Data released Tuesday showed BP beat profit expectations for the fourth quarter of 2014 while taking a $3.6 billion impairment charge and cutting capital expenditures due to low oil prices, says Reuters. The company announced underlying replacement cost profit at $2...
Despite falling oil price, volatility in the ruble value and the ongoing tensions between the Europe and Russia, Dagong Global Credit Rating Co Ltd gave an AAA rating for Russia's gas giant OAO Gazprom, as China Daily reports...
According to ANZ Economists, the RBA is likely to follow up today’s move with another cut in March. Key Quotes "The tone of the Statement was more dovish than we had expected with obvious concern for underlying growth in domestic demand...
Ewald Nowotny, a policymaker at the European Central Bank, said consumer prices in the euro zone may grow 0.8 percent in 2015...
In today's speech in Hong Kong Alibaba's founder Jack Ma said the company has resolved its problems with China’s State Administration of Industry and Commerce “at the first stage". On Monday Alibaba shares gained as much as 2.9 percent as of 10:30 a.m. in New York trading...
