News

Tech giant Apple are now entering the scene of virtually reality, but in most secret way. The company that is known for there massive campaigns and love to be seen, are entering this market in a mist mysteries way. Investing.co.uk has learned that the company has put together a team to only focus at this […]

The stock exchange in China took a deep turn yesterday around 6:00 pm. At closing we say that the Shanghai exchange had dropped a total of 6,4%. It is expected that the reason to the drop is the concern related to capital outflows that might take a big stab to the Chinese economy. One of […]

Global leaders from the world of finance and economics have gathered in Davos, Switzerland for the annual World Economic Forum. The forum is an event during which world leaders, major companies and representatives from business sectors gather to discuss pressing economic matters and how they should best be dealt with. Dominating this year’s World Economic […]

Barclays PLC has announced its plan to begin gradually withdrawing from its investing activities in sub-Saharan Africa. The move is part of a broader plan outlined by new CEO Jes Staley to limit the bank’s exposure in emerging markets. With some 1,267 branches, Barclays is currently one of the largest banking providers in Africa. The […]

Citing concerns regarding the future usability of the well-known cryptocurrency, long time software developer and proponent of Bitcoin Mike Hearn has announced that he will no longer be a participant in the development of Bitcoin. Hearn, widely viewed as one of the leaders in the evolution and development of technology to support Bitcoin, also announced […]

Following a rapid withdrawal of Japanese retail investors, the South African rand plunged by nearly 9 percent on Monday. The sharp decrease brought the South African currency to an all time low of 17.91 against the USD. The rapid decline follows a similar one in August of 2015, which at that time brought the rand […]

Porsche CEO Oliver Blume has said that he expects US environmental authorities to accept the auto manufacturer’s proposals for correcting emissions issues in many of its vehicles by the end of this month. Many of the brand’s V6 engines were found to fail to meet American emissions standards in September of last year, when parent […]

Pharmaceutical giant Valeant has named former CFO Howard Schiller as temporary chief executive while CEO Michael Pearson remains hospitalized with a critical case of pneumonia. Schiller will take over leadership of the corporation from a team of three other top executives who have been acting as temporary heads on behalf of Valeant. Schiller, who was […]

During a speech at a campaign event on Tuesday, United States presidential hopeful and self-described democratic socialist Bernie Sanders laid out his plan for Wall Street and the financial industry in America. The plan, which has already drawn criticism from more pro-business circles, involves breaking up large banks, separating the commercial banking industry from investment […]

A growing diplomatic rift between OPEC member states Iran and Saudi Arabia has led to speculation that oil prices in 2016, already predicted as a continuation of 2015’s declining price trend, will drop even more than previously expected. The diplomatic crisis between the two nations, combined with the impending lifting of international economic sanctions from […]