Italy, suffering from the second largest debt burden in the euro area after Greece, may be close to solving this problem, writes Bloomberg. This optimistic forecast is partly explained by the economy, which has been growing the 10th consecutive quarter and maintained growth in the last quarter. In...

Amid confusions and fear stricken investors, the blockchain start-ups widens horizon to manoeuvre through the Chinese ICO ban. The start-up bitcoin sector has been tossed into chaos as China made a move of banning ICO, whereby causing the industry to come to abrupt halts and ‘re-think’ the strategy...

The Bank of England said that the regulator might see a need to reduce incentives in the coming months. As a result of the September meeting, the central bank decided to leave the benchmark interest rate at a record low 0.25% per annum. Seven members of the Bank of England Monetary Policy Committee...

Speaking in the European Parliament with an annual message on the situation in the European Union, President of the European Commission announced the need to transform the administrative structures of the EU. European Commission Chairman Jean-Claude Juncker proposed introducing a single European...

Despite the fact that the Swiss share market has grown insignificantly this year, one subject has showed a staggering profit, which puzzled market experts trying to explain this phenomenon. This is the Swiss National Bank (SNB). The SNB’s price per share increased by more than 3 thousand francs in...

"Very high risk" and speculative was how the Britain's Financial Conduct Authority (FCA) described initial coin offerings (ICOs), the practice of creating and selling digital currencies to finance start-up projects, and warned customers against this trend.   With issuers accepting Bitcoin or...

Americans are slow to declare the income received from operations with crypto-currencies, and therefore the IRS is now looking for ways to track the crypto community and intends to "tighten the screws". According to media reports, the IRS has been using software to identify users of bitcoin since...

Helped by healthy expansion in the world’s second-largest economy, Chinese first-half net profits surged by nearly a quarter, and therefore China Inc’s earnings are off to a roaring start to 2017 at first glance. Last year, the rise was a mere 6 percent.   The Shanghai index was pushed to...

Apple has threatened Western Digital that it will not buy its products in the future with the aim of stopping Western Digital from taking control of Toshiba chip business, reported the media quoting people with knowledge of the deal.   The sources reportedly said on...