World News

Singapore Prime Minister Lee Hsien Loong on US, China relationships

Many nations around the planet find themselves in a delicate balancing act between U.S. along with Chinese interests, yet one island nation perhaps typifies in which struggle. Singapore can be a hub for global finance along with trade, along with so its relationships with the planet’s two largest economies are vital to its survival. Speaking with CNBC on Thursday, Singaporean ...

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Backroom battle imperils $230 million cryptocurrency venture

At the moment, the Tezos Foundation holds all of the fundraising proceeds, while the Breitmans, through their Delaware company, control much of Tezos’ intellectual property. The plan will be for the foundation to acquire the Breitmans’ company as well as Discharge the technology under a free software license, according a “Transparency Memo” on the Tezos website. Gevers, who founded the ...

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Six courses which will get you clued up on fintech

The financial technology (fintech) sector has taken mainstream finance by storm. nevertheless many world-renowned education institutions have noted a lack in qualifications for the industry. Fintech is usually an umbrella term for many tech innovations which aim to improve or simplify areas of the financial services. Those completely new to the sector can often get lost within the technical jargon ...

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Unilever blames poor weather for slowing growth

Consumer goods maker Unilever reported a 2.6 percent rise in underlying third-quarter sales on Thursday, blaming poor weather in Europe as well as also also natural disasters from the Americas. of which was down by 3 percent growth from the first half of the year. The maker of Dove soap as well as also also Ben & Jerry’s ice cream, ...

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Here are the best cities to claim your pension — yet all fall short of a relaxing retirement

Sergio Ermotti, CEO of Switzerland’s largest bank, said within the report in which while some governments were able to provide a “suitable” income for people in retirement, often the sustainability of an individual’s pension was “questionable”. He argued in which while mandatory pensions systems only ensured a minimum income to cover basic needs “at best,” current in addition to also ...

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brand new Zealand Labour to form next government with support of tiny nationalist party

“We had a choice to make… for a modified status quo or for change,” brand new Zealand First leader Winston Peters told reporters in Wellington, in announcing his party’s support for Labour. “that will’s why from the end we chose a coalition government of brand new Zealand First with the brand new Zealand Labour Party,” said Peters, ending nearly a ...

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Bitcoin is usually not the brand-new gold, Goldman Sachs says

The analysts said which digital wallets, where people can store cryptocurrencies, are vulnerable to hacking, along with also virtual currencies also have “significant regulatory risks.” For example, China recently banned cryptocurrency exchanges along with also put a stop to initial coin offerings (ICOs), the brand-new way for start-ups to raise money by issuing digital tokens. Goldman also said which cryptocurrencies ...

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Renewable energy projects don’t make us much profit

BP’s renewable energy projects aren’t having much of an impact on the group’s profits yet, the oil giant’s CEO told an audience in London Wednesday. “We love our wind farms from the United States as well as our biofuels in Brazil as well as we continue to invest in these businesses as well as they’re profitable,” BP’s Bob Dudley told ...

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OPEC reportedly favors 9-month extension to output cut deal

Ramzi Boudina | Reuters 2016Organization of Petroleum Exporting Countries (OPEC) President, Qatar’s Minister of Energy Mohammed bin Saleh al-Sada speaks with Secretary General of OPEC Mohammed Sanusi Barkindo (R), during a news conference after an informal meeting between members of the organization in Algiers, Algeria September 28, 2016. OPEC members are reportedly forming a consensus around extending their production cutting ...

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Richard Branson says he met Trump only once, in 1990s, as well as This kind of was ugly

Billionaire Richard Branson told CNBC on Wednesday he met Donald Trump only once — from the 1990s, when the then-real estate tycoon was dealing with the bankruptcy of one of his companies. Branson, founder of the Virgin Group as well as a supporter of Hillary Clinton’s failed presidential campaign, alleged that will Trump spent the meeting talking about how to ...

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