Company News

Waves Enterprise Announces Major Network Upgrade

By Norma Stanley November 23, 2019

Waves Enterprise is in the wake of announcing a major upgrade in its network. The new Version 1.0 is about to undergo a complete evolution with improvements to the platform. The version is particularly designed for use by enterprises and the public sector. The release will inhabit smart containerized contracts with better performance, advanced tools […]Continue Reading

News

Ex-Softbank Executive Launches L3COS to Promote Blockchain Among Governments

By Norma Stanley November 20, 2019

Ex-Softbank executive Zurab Ashvil has launched L3COS, a three-layer blockchain for individual national governments. The top layer will be for governments, the second for business, and third for individuals. The governments will control the other two layers, including the issuance of digital assets. Each layer will have a separate consensus mechanism. L3COS mirrors the Continue Reading

News

The Story of a Vietnamese Migrant Who Got Involved in Cannabis Farming in the UK

By Norma Stanley October 15, 2019

In a recent development, a cannabis farmer Cuong Nguyen grabbed the attention of one and all because of his revelations during an interview. 41-year old Cuong was one of the thousands of Vietnamese migrants who barged into the United Kingdom territory illegally with a motive to earn quick money from a country that is notoriously […]Continue Reading

Company News

JP Morgan Working On Top Secret Digital Banking Programme In London

By Norma Stanley June 18, 2019

The emergence of Fintech and technology into the financial world has been a big jolt to banks that had enjoyed a near monopoly for decades. However, the easy availability of the internet, cheap data plans, and internet-only banks have the potential of completely upending the banking sector in a way that was thought unimaginable even […]Continue Reading

Stocks

Lyft Warns of Peak Losses in 2019 as Uber Readies for its IPO

By Norma Stanley May 8, 2019

Last month ride-hailing company Lyft had its initial public offering (IPO) amid much fanfare, but within two days the company’s shares crashed after the listing day positivity, and since then the stock has been in a cycle of negativity. In a new development, the company has released some alarming projections that are going to put […]Continue Reading

Trading News

Asian Stocks Fall To Three Week Low, Oil Prices Reduce Slightly

By Norma Stanley April 27, 2019

Stock markets across the world showed a mixed response, while the Asian shares fell due to fears of a global slowdown due to weak economic data from Germany and South Korea. The oil prices also reduced slightly after it hit a 7 month high earlier this week. The Wall Street stocks rallied as the earnings […]Continue Reading

Trading News

Kiran Mazumdar-Shaw Imposed With Fine Of 9.5 Lakh Rupees For Selling Shares and Breaching Trade Norms by Infosys Board

By Norma Stanley March 4, 2019

On Thursday, Infosys, the second largest IT Company of India has imposed a fine of 9.5 lakh rupees on one of its key independent director Kiran Mazumdar Shaw for selling 1,600 shares accidentally of Infosys during the trading hours. Infosys has mentioned it in on February 28 during its BSE filing. She had not taken […]Continue Reading

Opinion & Analysis

Indian GDP Falls To 6.6 %, It’s Lowest In 5 Quarters

By Norma Stanley March 4, 2019

The Indian GDP fell to lower than the expected growth rate of 6.6% in the fourth quarter October-December which is the lowest in the last 5 quarters due to poor growth in the manufacturing and farming sector. The growth estimate for the fiscal year ending on March 31 has been reduced to less than 7% […]Continue Reading

Trading News

Chinese Computer Maker Lenovo posts Robust Quarterly Profits amid Trade Tensions

By Norma Stanley February 21, 2019

The world’s biggest manufacturer of computers, Lenovo Group, shrugged off the United China-China trade tensions to post a handsome profit in its quarterly results. The Chinese companies results beat the estimates of analysts, and this is an important development since many would have expected the computer maker’s results to be disappointing due to the trade […]Continue Reading

News

Household Income Outlook Index Plunges to 11-Month Low in UK

By Norma Stanley February 20, 2019

The uncertainty surrounding Brexit and a gloomy job outlook have plunged the household income outlook index in the United Kingdom to an 11-month low. The IHS Markit’s Household Finance Index tracks the sentiments of people regarding their income expectations, and it is indicative that the index has plunged to its 11-month low just as the […]Continue Reading