XRP (XRP) Market Capitalization Achieves $22.78 Billion

In a recent research published by BIS, they conclude that regulatory announcements play an important role in the price movement of Bitcoin and other cryptocurrencies. Ripple is a fintech company that focuses on global payments, and holds the m... More..

by | Published 1 hours ago
Barrick Gold buys Randgold to create world’s biggest gold miner
by | Tuesday, September 25, 2018

Barrick Gold buys Randgold to create world’s biggest gold miner

They also have high internal "hurdle" rates for investment; in Barrick's case they must generate an internal rate of return of 15 per cent and in Randgold's 20 per cent. The new company will have the sector's...More..

Australia strawberry needle crisis spreads to New Zealand
by | Tuesday, September 25, 2018

Australia strawberry needle crisis spreads to New Zealand

New Zealand has reported its first case of a contaminated punnet of strawberries at a branch of the Woolworth's-owned supermarket chain Countdown on Sunday. AUTHORITIES in New Zealand are investigating the...More..

Instagram co-founders resign in latest Facebook shake-up
by | Tuesday, September 25, 2018

Instagram co-founders resign in latest Facebook shake-up

Systrom and Krieger notified the photo-sharing app's leadership team and Facebook on Monday about their decision to leave, Instagram said. The pair sold Instagram to Facebook for $US1 billion in 2012. Increas...More..

China Imposes New Tariffs on US, Accuses Washington of 'Trade Bullyism'
by | Tuesday, September 25, 2018

China Imposes New Tariffs on US, Accuses Washington of 'Trade Bullyism'

The statement was released after a 10-percent import tariff imposed by the U.S. on $200 billion worth of Chinese goods came into effect. The move brings the amount of Chinese goods hit by duties to more tha...More..

Oil jumps 2 % as market tightens, more gains seen
by | Tuesday, September 25, 2018

Oil jumps 2 % as market tightens, more gains seen

Oil has rallied since the lows of August as speculation swirls over whether OPEC and its allies will boost production, with sanctions on the Middle East nation's exports set to take effect in November. For c...More..

Versace on verge of sale to Michael Kors, reports say
by | Tuesday, September 25, 2018

Versace on verge of sale to Michael Kors, reports say

Donatella Versace , the firm's artistic director and vice-president, has called a staff meeting in Milan for Tuesday, Corriere della Sera reported. Just past year Michael Kors purchased British heel maker ...More..

by | Monday, September 24, 2018

Saudi energy minister rips Trump tweet: 'I do not influence oil prices'

Hossein Kazempour Ardebili, Iran's ambassador to the Organization of the Petroleum Exporting Countries ( OPEC ), said none of the current major producers including Saudi Arabia and Russian Federation had the ...More..

Comcast beats Fox in Sky auction with $39B bid
by | Monday, September 24, 2018

Comcast beats Fox in Sky auction with $39B bid

USA cable giant Comcast bid 17.28 pounds a share for control of London-listed Sky , bettering a 15.67 pounds a share offer by Fox, the Takeover Panel said in a statement shortly after final bids were made on...More..

ABC sacks Michelle Guthrie as Managing Director
by | Monday, September 24, 2018

ABC sacks Michelle Guthrie as Managing Director

Ms Guthrie, at a Senate estimates hearing, rejects suggestions made in an opinion piece by former ABC presenter Johnathan Holmes that the public broadcaster is biased towards the left. One ABC executive sai...More..

Sewing needles pulled from shelves as arrest made in strawberry contamination crisis
by | Sunday, September 23, 2018

Sewing needles pulled from shelves as arrest made in strawberry contamination crisis

The drastic decision comes as Agriculture Minister David Littleproud says the "parasites" responsible for spiking strawberries with needles should do hard time in jail. "He did not recall the needle being in th...More..

Oil Rises For Third Day
by | Sunday, September 23, 2018

Oil Rises For Third Day

The US counts Saudi Arabia, OPEC's de facto leader, as a key ally and will be keen not to see a price surge ahead of the US midterm elections November 6, with Trump's Republican Party at risk of losing contro...More..

Oil prices drop as escalating U.S.-China trade war…
by | Friday, September 21, 2018

Oil prices drop as escalating U.S.-China trade war…

Brent crude futures (LCOc1) were down 15 cents at $78.88 a barrel by 1116 GMT, having gained 1.3 percent on Tuesday following media reports that Saudi Arabia , the world's largest oil exporter, was comforta...More..

Indian flight turns back after 30 passengers report sick
by | Friday, September 21, 2018

Indian flight turns back after 30 passengers report sick

The affected passengers were given medical attention after the Boeing 737 aircraft landed back in Mumbai . "I saw many people having nose bleeds", passenger Joel D'Souza told CNN . But the Jet Airways s...More..

Amazon's Storefronts is too little, too late for small businesses
by | Thursday, September 20, 2018

Amazon's Storefronts is too little, too late for small businesses

Customers will be able to search through 25 product categories, including back-to-school, home, kitchen, pet supplies and books. Amazon will open a new store for customers on Monday, where they can shop exclu...More..

Amazon investigates claims staff sold customer data
by | Thursday, September 20, 2018

Amazon investigates claims staff sold customer data

The opposite is the case with sellers with negative product reviews and ratings. Reports of Amazon employees accepting bribes to delete negative customer reviews and leaking data are now being investigated. T...More..

Audi e-tron: 7 Things to Know About the Latest Electric SUV
by | Thursday, September 20, 2018

Audi e-tron: 7 Things to Know About the Latest Electric SUV

Disappointing metrics for the e-Tron should hurt Audi's sales, while benefiting Tesla as well as emerging local EV players in China, according to UBS. The image is displayed on each side of the interior, and ...More..

by | Thursday, September 20, 2018

China's Alibaba doubles down on chips amid cloud computing push

The founder of Alibaba , (NYSE: BABA ) Jack Ma states they are no longer planning on expanding into the United States due to the tension in trade relations between the U.S. This week Trump said he would pres...More..

Cathay Pacific spells its own name wrong on side of plane
by | Thursday, September 20, 2018

Cathay Pacific spells its own name wrong on side of plane

In a Facebook post , the airline wrote "Breaking!" Cathay Pacific was founded in 1946 and carried some 34.8 million passengers past year, along with its subsidiary airline, Cathay Dragon. "The spacing is t...More..

Coca-Cannabis? Coke analyzing cannabis in wellness drinks
by | Thursday, September 20, 2018

Coca-Cannabis? Coke analyzing cannabis in wellness drinks

Coca-Cola tried distancing itself away from the chatter around the venture which initially reported the company would create drinks with the psychoactive component of marijuana , THC. " The space is evolvi...More..

Hog deaths, manure flooding from Florence seen surpassing 2016 hurricane
by | Thursday, September 20, 2018

Hog deaths, manure flooding from Florence seen surpassing 2016 hurricane

But even as it meanders off, at least 14 river gauges are at major flood stage, the North Carolina Emergency Management Agency tweeted. At least 36 people have died as a result of Florence, which made landf...More..

United States imposes new $200bn tariffs on China
by | Wednesday, September 19, 2018

United States imposes new $200bn tariffs on China

The US administration said it is giving US businesses a chance to adjust and look for alternative supply chains by delaying an increase to 25 percent on January 1 for the US$ 200 billion batch of Chinese goo...More..

Stocks tumble as markets brace for Trump's next round of tariffs
by | Tuesday, September 18, 2018

Stocks tumble as markets brace for Trump's next round of tariffs

Earlier in the day the President tweeted: "Tariffs have put the United States in a very strong bargaining position, with Billions of Dollars, and Jobs, flowing into our Country - and yet cost increases have...More..

by | Tuesday, September 18, 2018

China says it will hit back against Trump’s latest tariffs

The taxes will take effect from 24 September, starting at 10% and increasing to 25% from the start of next year unless the two countries agree a deal. The final list released today removed 300 items that includ...More..

Trump imposes tariffs on $200B more of Chinese goods
by | Tuesday, September 18, 2018

Trump imposes tariffs on $200B more of Chinese goods

The US is imposing new tariffs on $US200 billion ($NZ304b) worth of Chinese goods as it escalates its trade war with Beijing. The latest round of imports will face 10 percent tariffs through the end of the ye...More..

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