Page 21 – FinanceSecond

Kiran Mazumdar Shaw Imposed With Fine Of 9.5 Lakh Rupees

Trading News

Duracell and Energizer Competing for Controlling Stake in India’s Eveready

By Teresa Taylor February 13, 2019

Eveready, one of the biggest manufacturers of flashlights and dry cell batteries, has been put on the market by India’s Williamson Magor Group due to a pile of debt that has crippled the holding company of the group. According to a report in India’s Economic Times, the fight for the controlling stake in Eveready is […]Continue Reading

News

Budget Boost in the Offing for Singapore’s Senior Citizens

By Sarah Lavallee February 12, 2019

With an election looming this year, the senior citizen population in Singapore are going to get a generous package in the upcoming budget, according to analysts familiar with the matter. The population in the country is getting on in age quite fast, and the budget is possibly being framed with one eye on the election. […]Continue Reading

Opinion & Analysis

Jim O’Neill Says, Chinese Consumer is the most Important for World Economy

By Brian Stanley February 11, 2019

Former Goldman Sachs Chairman Jim O’Neill has told in a recent interview that the single most important thing in today’s world economy is reviving the Chinese consumer. As per Chinese official statistics, the country’s growth has been slowed down to 6.6 percent in 2018, which is slowest in the last many years. The country’s on-going […]Continue Reading

News

Oil-rich Kuwait Plans to Increase the Investment in India by Double

By Adrian Todaro February 9, 2019

Taking advantage of India’s growth story and exploring third country joint Projects. Kuwait is aiming to double its investment in India from the current five billion dollars. As per sources, The Kuwait Investment Authority (KIA) has currently invested five billion USD and plans to double this. Kuwait also is aiming to enter into third country […]Continue Reading

Trading News

United States and China Make Significant Progress in Bilateral Trade Talk

By Brian Stanley February 8, 2019

Significant progress has been made during the latest round of China-United States trade talks. Business leaders, analysts, and officials said that it could pave the way for a complete solution during the next-step of negotiations. They also conveyed that China has been opening up its economy to the rest of the world and is offering […]Continue Reading

Company News

QuadrigaCX to be sold to Settle Debts

By Adrian Todaro February 7, 2019

As per a recent news correspondence, a lawyer has been appointed by a Nova Scotia’s court in Canada to have access to the encrypted laptop of the deceased CEO, Gerald Cotton of QuadrigaCX, which is a major Canadian crypto exchange. The laptop which is believed to provide access to $190 million of QuadrigaCX customer funds […]Continue Reading

Opinion & Analysis

Kraken’s acquisition of crypto facilities leads the company to a new high

By Norma Stanley February 6, 2019

Kraken is a giant cryptocurrency exchange based out of US and is operating in Canada, the EU, Japan, and the US, and it is the largest Bitcoin exchange in Euro volume and liquidity. Recently, the company made a huge announcement about the acquisition of cryptocurrency facilities. This will restructure the entire company to rank between […]Continue Reading

News

US Agency Seeks Potential Sources for Blockchain Data Analysis

By Adrian Todaro February 5, 2019

US Securities and Exchange Commission has issued a notice in which it is looking for various Blockchain analytics companies to provide blockchain data and its analysis. SEC is looking for a potential blockchain company that can provide blockchain data to encourage its risk monitoring and compliance improvement. Also, SEC expects this blockchain company to inform […]Continue Reading

Company News

Nvidia Generated $1.95 Billion in Revenue from Crypto Mining Sales

By Norma Stanley February 4, 2019

A report published by Markets Insider reveals that Nvidia has earned a whopping $1.95 billion in revenue via its crypto business. However, the official financial statement of the company has claimed a crypto-related revenue of $602 million. RBC analyst, Mitch Steves, told that the actual number is at least three times higher. “We think NVDA […]Continue Reading

Opinion & Analysis

US Supreme Court weighs whether Louisiana abortion law can go into effect

By Adrian Todaro January 31, 2019

Two doctors from Louisiana requested for a stay for the abortion law from the U.S. Supreme Court. They say that the law could cripple the access to abortion in the state. The law requires doctors who are about to perform the abortion to have admitting privileges at a hospital within 30 miles of their clinic, […]Continue Reading