The U.S. Internal Revenue Service (IRS) has offered a bounty of up to $625,000 to anyone who can crack allegedly untraceable privacy currencies such as Monero (XMR) and track transactions on the Bitcoin (BTC) lightning network. The official proposal released last week says the IRS will accept submissions inRead More →
2/2 © Reuters. FILE PHOTO: SEAT President and CEO Luca de Meo poses during an interview at the SEAT car factory in Martorell 2/2 MADRID (Reuters) – French carmaker Renault (PA:) has offered the chairman of Volkswagen’s (DE:) SEAT brand, Luca de Meo, the job of chief executive, Spanish newspaperRead More →
Getty Images President Donald Trump speaks Tuesday during a signing ceremony for an executive order establishing the Task Force on Missing and Murdered American Indians and Alaska Natives. President Donald Trump on Tuesday said the U.S. and China were nearing a trade deal, while at the same time offering supportRead More →
By Rajendra Jadhav MUMBAI (Reuters) – Indian refiners have resumed buying Malaysian palm oil after a gap of nearly a month and contracted around 70,000 tonnes of shipments in December as Kuala Lumpur has been offering a $5 per tonne discount over supplies from rival Indonesia, five traders told ReutersRead More →
By Greg Roumeliotis (Reuters) – Louis Vuitton owner LVMH (PA:) has approached Tiffany & Co (N:) with an acquisition offer, people familiar with the matter said on Saturday, at a time when the U.S. luxury jeweler grapples with the impact of tariffs on its exports to China. LVMH, which hasRead More →
© Reuters. Investing.com – Wall Street was set to open higher on Wednesday on trade optimism after China reportedly offered to buy an additional $10 billion worth of U.S. agricultural goods in a peace offering ahead of high-level trade talks in Washington this week. China is open to a limitedRead More →
BERLIN (Reuters) – Daimler (DE:) said on Tuesday Mercedes-Benz customers in Germany could apply for a 3,000 euro ($3,350) subsidy to upgrade the exhaust filters of older, polluting diesel vehicles, the latest effort among German carmakers to avoid inner-city bans. Carmakers have been forced to consider upgrading exhaust treatment systemsRead More →
© Reuters. Investing.com – The is set to pass its intraday record high on Friday and other indexes were also near record highs after , while an upside surprise on core inflation wasn’t seen as enough to stop the Federal Reserve cutting rates next week. rose 25 points or 0.3%Read More →
Cannabis stocks turned higher Wednesday, buoyed by gains in the broader market as investors digested the latest earnings from the sector while volumes thinned ahead of the U.S. Labor Day weekend. The Dow Jones Industrial Average DJIA, +0.81% was last up almost 200 points, drifting higher as investors shrugged offRead More →
The fear that a deepening trade war could wreck the global economy has analysts and economists once again pining for the mid-1980s, when the U.S. and the world’s other major economic powers struck a deal, known as the Plaza Accord, to weaken the dollar. An end to the present turmoilRead More →
© Reuters. The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the NYSE in New York By Elizabeth Dilts and Aparajita Saxena (Reuters) – Goldman Sachs Group Inc (NYSE:) offered new tidbits about its sweeping operational overhaul when reporting first-quarter results onRead More →
Cannabis stocks were mostly lower Thursday, a day after the top law enforcement official in the U.S. offered muted support for a bill that would protect companies in states that have legalized weed. Attorney General William Barr told a Senate committee that he would rather have the approach taken byRead More →
© Reuters. FILE PHOTO: New Debenhams department store is seen in a shopping centre in Watford LONDON (Reuters) – Sports Direct (LON:) said on Monday it had offered to underwrite a 150 million pound ($196 million) rights issue at Debenhams in exchange for its boss Mike Ashley taking the topRead More →
© Reuters. FILE PHOTO: Mike Ashley, founder and majority shareholder of sportwear retailer Sports Direct, arrives at the company’s AGM, at the company’s headquarters in Shirebrook (Reuters) – Sports Direct (LON:) chief executive Mike Ashley has offered to underwrite a 150 million pound ($195.65 million) rights issue at Debenhams onRead More →
© Reuters. General Motors production worker Dina Mays works on the 10-speed transmission assembly at the General Motors (GM) Powertrain Transmission plant in Toledo, Ohio By Nick Carey and Ben Klayman TOLEDO, Ohio (Reuters) – General Motors Co (NYSE:) built the final Chevrolet Cruze small car at its Lordstown, Ohio,Read More →
In the wake of the global financial crisis, extremist “populist nationalism” is on the rise around the world. Also on the ascendancy are authoritarian leaders. Is this trend inevitable? Or is there a way to counter this political shift away from democracy and free-market capitalism? Raghuram Rajan believes there isRead More →
© Reuters. Jeff Vinik offers fee cuts to help bring in cash for new fund By Svea Herbst-Bayliss NEW YORK (Reuters) – Prominent U.S. investor Jeffrey Vinik is promising potential clients a cut in fees and said that it had been tougher to raise money than he initially thought, asRead More →
© Reuters. The corporate flags for the Gannett Co and its flagship newspaper, USA Today, outside headquarters in McLean, Virginia (Reuters) – Newspaper chain MNG Enterprises Inc said on Monday it had offered to buy USA Today publisher Gannett Co Inc (N:) in a deal valued at $1.36 billion. MNGRead More →
