SoftBank, a member of the Japanese holding SoftBank Group Corp, entered into a definitive agreement on purchase Boston Dynamics and Schaft, two manufacturers of robots owned by Alphabet Inc. The amount and details of the transaction were not disclosed, but the fact of sale was confirmed in both...

Amidst potential disruptions from United Arab Emirates ports refusing ships from the country, natural gas buyers could be spurred to seek greater diversification in sourcing due to Qatar’s diplomatic crisis with its Middle Eastern neighbors.   "Buyers will...

As inflation remains below its target despite stronger economic growth in the euro zone, the European Central Bank is likely to keep the money taps fully open.   The ECB President Mario Draghi is yet to be convinced that the recent rebound in inflation is durable because wage growth remains...

The yen strengthened, and Japanese bonds fell on rumors that the Bank of Japan could change its rhetoric and admit that it is discussing a strategy of curtailing monetary stimulus, reports Bloomberg. The Japanese currency rose against the currencies of all G10 countries after sources reported that...

A few weeks ago, Standard Financial, a bank with assets of $ 488 million and only nine branches, merged with Allegheny Valley Bancorp, an even smaller neighbor in the suburbs of Pittsburgh. The main reason for the merger, explains Standard’s director Tim Zimmerman, is the increased cost of...

The Energy Information Administration (EIA) of the United States has published another short-term forecast on the level of oil production in the country. According to the report, US oil companies will be producing an average of 10 million barrels a day in 2018. Thus, the record set back in 1970,...

Despite a deceleration in job growth last month, a sustained labor market strength was pointed out by a jump in employment in the U.S. to a near two-year high even as U.S. services sector activity slowed in May as new orders tumbled. Limited scope for faster economic growth was suggested by the...

The long past of the dispute between Saudi Arabia and Qatar are best explained by natural gas and the latter’s excommunication of the former has been brewing since 1995.   That was the year when the tiny desert peninsula was about to make its first shipment of liquid natural gas...

On the night of Tuesday, June 6, the weighted average bitcoin rate was close to $ 3,000, while the aggregate market capitalization of the market surpassed the $ 100 billion mark. Recall, not later than on Saturday, June 3, the price of bitcoin overcame the mark of $ 2500, but the ongoing bullish...