World Bank Poised To Settle A Blockchain-Based Bond Worth $73 Million

The Bondi is a prototype deal whose goal is to modernize and improve practices that the bond market has been using for decades. Recently, CBA also developed a blockchain platform to oversee an worldwide almond shipment from Australia to Germany... More..

by | Published more than a month ago
DNC Reforms Role of Superdelegates In Picking Presidential Nominee
by | Sunday, August 26, 2018

DNC Reforms Role of Superdelegates In Picking Presidential Nominee

Two years ago, the vast majority of superdelegates sided with Hillary Clinton over Bernie Sanders in their primary fight. The reform requires superdelegates to "refrain from voting on the first presidenti...More..

Fire breaks out at Tesla complex in California
by | Sunday, August 26, 2018

Fire breaks out at Tesla complex in California

Elon Musk , the company's CEO, said that there were no injuries or damage to the factory thanks to the " fast response " of the Fremont Fire Department. "There are no injuries and we are investigating the cause...More..

Aberdeen rated worst in airport survey | Scotland
by | Sunday, August 26, 2018

Aberdeen rated worst in airport survey | Scotland

Which? asked passengers at airports across the country with scores based on overall satisfaction and how likely respondents were to recommend the airport to a friend. With new routes launching all the time, pa...More..

P&G wants to trademark ‘LOL’, ‘WTF’, other acronyms
by | Sunday, August 26, 2018

P&G wants to trademark ‘LOL’, ‘WTF’, other acronyms

P&G's senior counsel Megan Hymore had applied for the trademark in April, but the USA patent office has sought some clarification on the matter, which seems to have delayed the process. According to statistics ...More..

Powell signals more hikes ahead if USA economy stays strong
by | Sunday, August 26, 2018

Powell signals more hikes ahead if USA economy stays strong

However, the market appeared to take Powell's speech as a signal the Fed will soon slow the pace of its interest rate rises, likely once into 2019. But there is no consensus among policy makers about how aggres...More..

Trump Organization executive Allen Weisselberg receives immunity deal
by | Sunday, August 26, 2018

Trump Organization executive Allen Weisselberg receives immunity deal

An attorney for Cohen didn't immediately respond to a request for comment. The referral request was first reported by The New York Times. In a "Fox & Friends" interview with Ainsely Earhardt that aired Thursday...More..

New Australia PM rewards allies, keeps rebels in cabinet
by | Sunday, August 26, 2018

New Australia PM rewards allies, keeps rebels in cabinet

Bishop contested Friday's leadership vote but was eliminated in the first round, with Morrison then emerging as a surprise compromise victor over Peter Dutton, Turnbull's conservative challenger who brought the...More..

S&P 500 ends at record high, bull market label secure
by | Sunday, August 26, 2018

S&P 500 ends at record high, bull market label secure

Earlier in the day, Fed Chair Jerome Powell gave a talk signaling more interest-rate hikes are ahead, and the yield curve reached its flattest since before the financial crisis. Powell reiterated on Frida...More..

Ryanair brings in new policy charging passengers for taking luggage onboard
by | Sunday, August 26, 2018

Ryanair brings in new policy charging passengers for taking luggage onboard

It is the second time in a year that Ryanair has changed its cabin luggage policy, following claims the previous adjustment had not tackled delays. All customers on Ryanair flights with checked in luggage, wh...More..

Amazon paying employees to tweet nice things about warehouse working conditions
by | Sunday, August 26, 2018

Amazon paying employees to tweet nice things about warehouse working conditions

They also feature an Amazon logo as Twitter background and a list of prior warehouse duties and hobbies in their Twitter bios. For over the past week, the "Amazon FC Ambassadors" have been on Twitter, defendi...More..

SEC rejects nine proposals for bitcoin ETFs
by | Sunday, August 26, 2018

SEC rejects nine proposals for bitcoin ETFs

The decision affected applications for two bitcoin ETFs filed by ProShares , one from GraniteShares and five ETFs from Direxion . The time frame within which the Commission intends to make final decisio...More..

Alibaba Q1 earnings: Revenue soars 61%
by | Sunday, August 26, 2018

Alibaba Q1 earnings: Revenue soars 61%

Excluding Ant Financial-related share-based compensation expense, Alibaba said , income from operations would have increased by 9 percent . More interesting news about Alibaba Group Holding Limited (NYSE:...More..

Infiniti reveals new Prototype 10 concept speedster
by | Sunday, August 26, 2018

Infiniti reveals new Prototype 10 concept speedster

That doesn't mean this vehicle uses a single motor for power; in fact, Infiniti clearly labels this as a design study only so presumably there's nothing underneath the skin. Like the Q Inspiration Concept, th...More..

Oil markets muted as U.S.-China trade war remains unresolved
by | Sunday, August 26, 2018

Oil markets muted as U.S.-China trade war remains unresolved

US commercial crude oil inventories C-STK-T-EIA fell by 5.8 million barrels in the week to August 17 to 408.36 million barrels, the Energy Information Administration (EIA) said on Wednesday. Futures for Decembe...More..

China: Australian government made 'wrong decision' over 5G ban
by | Sunday, August 26, 2018

China: Australian government made 'wrong decision' over 5G ban

Australia's decision to block Huawei Technologies from entering the nation's 5G market is politically motivated and undermines the principles of fair competition, the Chinese company said on Friday. The com...More..

US prosecutors grant Trump Organization CFO immunity in Cohen probe
by | Sunday, August 26, 2018

US prosecutors grant Trump Organization CFO immunity in Cohen probe

On the recording, Cohen and Trump appeared to discuss reimbursing American Media for the payment to McDougal, who has said she had a yearlong affair with Trump. Mr Cohen pleaded guilty on Tuesday to tax and ca...More..

Trump says US-Mexico trade deal could be imminent
by | Sunday, August 26, 2018

Trump says US-Mexico trade deal could be imminent

Freeland said Friday it's important for Canada to continue to do its work around the world - even with signs of progress in the bilateral NAFTA negotiations between the US and Mexico . "We've adjusted very w...More..

Tesla to remain public at request of shareholders, Musk says
by | Sunday, August 26, 2018

Tesla to remain public at request of shareholders, Musk says

Musk said his change of heart came after talking to Tesla investors and realizing that taking the company private would be harder than he originally thought. In addition to helming Tesla, SpaceX, and The Boring...More..

Supreme Court dismisses real estate board’s appeal application on sold data
by | Sunday, August 26, 2018

Supreme Court dismisses real estate board’s appeal application on sold data

That will allow buyers and sellers to more easily educate themselves on how to price homes and negotiate, keeping them from relying on agents to send them sales information. The Supreme Court's decision means T...More..

Trump executive granted immunity in Cohen inquiry
by | Sunday, August 26, 2018

Trump executive granted immunity in Cohen inquiry

David Pecker , a friend of Mr Trump who is chief executive of the publishers of the "National Enquirer" tabloid magazine, has also reportedly been given immunity by NY prosecutors. "It is my observation that ...More..

Gun-maker Kalashnikov wants to take on Tesla with retro-styled EV
by | Sunday, August 26, 2018

Gun-maker Kalashnikov wants to take on Tesla with retro-styled EV

Kalashnikov, the makers of the famous (or infamous) AK-47 Assault Rifle has just showcased a new electric vehicle. The company did not respond to a request for more details. It remains to be seen if and when ...More..

Disgraced ex-Trump lawyer Cohen crowdfunding legal bills
by | Saturday, August 25, 2018

Disgraced ex-Trump lawyer Cohen crowdfunding legal bills

Trump told " Fox and Friends " that for "30, 40 years I've been watching flippers". Trump also went on to say "This whole thing about flipping, they call it". Trump has openly mused about the need for anot...More..

by | Saturday, August 25, 2018

Poll shows Trump gets low marks from Americans, except on economy

When the CNN story broke late June, Trump rubbished it , and like this week, accused Cohen of " trying to make up stories ", again to get out of his own legal troubles, a tax evasion case involving a former bu...More..

S&P 500 bull market now arguably the oldest ever
by | Saturday, August 25, 2018

S&P 500 bull market now arguably the oldest ever

The bull market in USA stocks has set a record for longevity. The now 3,453-day bull run left the S&P at 2,861.82 - up a stunning 323 percent over nine-plus years. The Dow Jones Industrial Average has appre...More..

by | Saturday, August 25, 2018

Fed chair Jerome Powell’s highly anticipated speech: what to expect

In his highly anticipated Friday address on the heels of a record-setting stock market week, Powell noted that while the US economy is strong, the Fed is working to find a balance between the "shoals of overh...More..

Mexican officials say NAFTA deal will require all three sides present
by | Saturday, August 25, 2018

Mexican officials say NAFTA deal will require all three sides present

Progress has been made during five weeks of discussions between the USA and Mexico on issues including rules for cars, but there's no broader agreement on reshaping NAFTA, two US administration officials said...More..

Credit Suisse freezes US$5b of Russian money amid sanctions
by | Saturday, August 25, 2018

Credit Suisse freezes US$5b of Russian money amid sanctions

It did not identify the specific owners of the money. Swiss bank Credit Suisse , one of the largest in the State has frozen the accounts of $5 billion associated with Russian Federation due to the US sanct...More..

Getting Hot: Trump Puts the Heat on Turkey
by | Friday, August 24, 2018

Getting Hot: Trump Puts the Heat on Turkey

In an interview with Reuters , Mr Trump said he would not agree to any demands that Turkey has made as a condition for the release of Andrew Brunson, a North Carolina preacher whose detention since 2016 ...More..

Kmart Store in Columbus Due to Close in November
by | Friday, August 24, 2018

Kmart Store in Columbus Due to Close in November

The ailing company said liquidation sales at the 46 unprofitable stores marked for closure will start August 30, according to the company website. The closures are expected to be complete by November. At last c...More..