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S&P downgrades Israel's ratings to 'A+' from 'AA-' due to rising geopolitical risks 04/22/2024

IMF Worried About Debt And The Financial Difficulties Low-Income Nations Face 04/20/2024

Power And Risk Are Created By China's EV Survival Game 04/24/2024

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Business & Finance

Duff & Phelps: Yann Magnan appointed as Europe Leader, the company sets his ambitions high

Approaching a century of existence, the New York based advisory firm maintains its expansion in Europe and its sights on conquering each country within, one at a time. In order to steer the European ship into higher seas, Duff & Phelps’ HQ have nominated Yann Magnan, who has an MS in Engineering and turned to finance.

ICOs attracted $ 2 billion since early 2018

Since the beginning of January this year, ICO projects have managed to attract investments worth almost $ 2 billion. It is expected that the indicator can exceed the last year's record, when with the help of token-seals the companies earned about $ 5.7 billion. Last month, the total amount of fees...

Exxon Gears Up With An Expansion Plan To Become A ‘Leader In The North American Refining Industry’

Expansions plans are under Exxon’s sleeves as it inches towards “final approval”, reports sources familiar to the matter. The Exxon Mobil Corp, reports Reuters, is moving close to sealing the “final approval” on the “major expansion” project of its “Beaumont, Texas, refinery”, whereby the said...

For Opening New Accounts, More Americans Would Visit A Branch Than Use Mobile Apps

A new survey conducted on U.S. citizens with a bank account has found that about 60 per cent of all Americans prefer to go to a bank branch to open an account instead of using online apps through their mobiles, tablets of desktop computers despite the enhancement of quality of mobile banking apps....

Asia Focus Of HSBC Drives Growth With A 141% Y-O-Y Increase In Profits For 2017

HSBC bank said that its strategy of focusing on Asia was giving its growth after the lender announced a pre-tax profit of $17.2bn (£12.3bn) in 2017. In the last year, the bank had made a profit of $7.1 billion and this year’s figure notes a 141per cent increase compared to a year ago....

U.S. Pharma Companies Developing 200 New Medicines For Cardiovascular Diseases: PhRMA Report

One out of every three deaths in the United States is accorded to cardiovascular diseases 0 including heart disease and stroke. It has turned out to be the leading cause of death in the country. Every year, over 800,000 deaths occur in the country due to cardiovascular diseases...

The US authorities to tighten control over crypto-currencies

The US authorities, alarmed by the global rush around bitcoin and other crypto currencies, are preparing to consider new rules. Their introduction will lead to tightening of federal control over this emerging class of assets, reports Reuters. US lawmakers are moving to consider new rules for...

How the popularity of mining became a trap for NVIDIA and AMD

Crypto currencies have been rising during the lasy year, and so did the capital of most investors. The year 2018 started a little differently - in a month of correction, the total capitalization of crypto-currencies decreased by tens of billions of dollars. Despite the volatility, interest in...

Discounts On Freight For Oil Exported To India To Be Increased By Iran: Media

In an effort to enhance its market share in the global oil market and challenge the likes of Saudi Arabia and Iraq, OPEC member Iran has offered to increase the discount on freight for oil sale to India against a pledge from New Delhi of increased imports. Iran is hoping that the appeal of...

Mining One Bitcoin In South Korea Costs $26,000 While Just $530 In Venezuela

A lot of money is being expended for mining of bitcoins in South Korea. Recent data released by lighting and furniture firm Elite Fixtures shows that $26,170 is the cost that is incurred in the process of mining just one bitcoin in South Korea. It is the largest market in the world for the...