Valery Vavilov, the CEO of BitFury has announced that his company is acquiring Allied Control, a top immersion cooling company. He said, “We are very excited about Allied Control and its founders joining our team...
On Sunday leading manufacturer of locomotives and rolling stock in China, China CNR Corporation Limited, announced major contracts worth 3.95 billion U.S dollars (24.26 billion yuan...
On Monday, the euro recovered from 11-year lows and Europe's main share markets also rose - after initial falls - on hopes that a compromise over Greece's bailout terms might be found...
After talks between trade unions and employer groups ended without agreemnet, the French authorities decided they would use legislation to reform rules on worker representation, the country's labour minister Francois Rebsamen said...
Japan's exports grew the most in a year in December, underpinned by a weak local currency and pickup in overseas demand led by the United States, an encouraging sign for the economy hit by recession, though doubts persist about the strength of global consumption...
The euro zone cuurency, U.S. equity-index futures droped on Monday while Treasuries advanced as Greek voters handed victory to a leftwing party that has pledged to renegotiate the terms of an international bailout. Asian stocks declined with crude oil and industrial metals...
Alpari UK got into deep trouble and went into administration. Since the initial news broke, there were various reports of bidders for the troubled broker. The number of parties interested has already reached 5. Some are still active and some probably aren’t...
Alibaba will prevent Chinese vendors from selling children's products that are considered dangerous or illegal to American consumers. The U.S. Consumer Product Safety Commission has provided a list of up to 15 products which are considered illegal or have been recalled by manufacturers...
According to the Telephone Consumer Protection Act, it’s illegal to robocall a mobile phone number without permission. The American Bankers Association wants to change that, arguing that robocalls will help fight identity theft and other kinds of fraud...
MetaQuotes Software Corp. announces that it is now possible to trade on Pakistan Mercantile Exchange (PMEX) via the MetaTrader 5 platform...
Weekly digest compiles the latest news from the world of stocks and finance, currency forecasts, as well as interesting informative articles for traders. Top news of the week: Mario Draghi launches stimulus, but it may be too little or too late, analysis...
Original article by Jonathan Shapiro: Sydney Morning Herald, Jan 21 2015 Investors around the world haven't lost their appetite to trade in the post-financial-crisis era. But instead of playing the sharemarket, they fancy themselves as global currency traders...
The bosses of Goldman Sachs and the International Monetary Fund speak out their views on some of the issues the global economy is facing today...
David Miles, Bank of England policymaker, has suggested low inflation means there is no great need in returning interest rates to normal levels from their record low of 0.5...
During several years the ECB and Germany have been at war over eurozone monetary policy...
The fourth-quarter net profit of Hyundai Motor Co. dropped 22%, hurt by the weakened ruble and higher costs related to product warranties, as The Wall Street Journal reports...
China will build a 4,350-mile (7,000-kilometer) high-speed rail line from Beijing to Moscow, at a cost of 1.5 trillion yuan ($242 billion), Beijing’s city government said on the social networking site Weibo, China's equivalent of Twitter...
Central-bank officials said the European Central Bank Executive Board has proposed quantitative easing of 50 billion euros ($58 billion) a month until the end of 2016 Big Decision tomorrow waiting for big moves...
Market movers today We expect US building permits and housing starts to surprise on the upside. The MBA purchase mortgage application index has increased substantially in the past two weeks and employment in the construction sector in December was a significant positive surprise...
