June 18, 2019

Facebook reveals Libra cryptocurrency, sparking new privacy concerns

Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately […]
June 18, 2019

U.S. lawmaker calls for hearing into Facebook’s cryptocurrency

A senior Republican lawmaker wants Congress to promptly examine Facebook Inc’s decision to launch its own cryptocurrency. Powered by WPeMatico
June 18, 2019

Photoshop maker Adobe beats revenue, profit estimates

Adobe Inc beat analysts’ estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative […]
June 18, 2019

White House considered demoting Fed’s Powell: report

Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be just […]
June 18, 2019

Global stocks lifted by hopes for monetary policy, U.S.-China trade

Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, with equities getting an […]
June 18, 2019

Barrick CEO believes Acacia offer is fair after extending bid deadline

Barrick Gold Corp, the world’s No. 2 gold miner, believes its proposed offer to take full control of its African unit is “more than fair” and […]
June 18, 2019

U.S., China rekindle trade talks ahead of Trump-Xi G20 meeting

China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets with […]
June 18, 2019

Airbus Helicopters sees 18-month wait for oil & gas demand pick-up

Airbus expects it will be another 18 months before it sees the first signs of a recovery in demand for large helicopters from the oil and […]
June 18, 2019

Trump says U.S., Chinese teams to restart trade talks ahead of G20

U.S. President Donald Trump said on Tuesday he had spoken to Chinese President Xi Jinping and that the two leaders’ teams would restart trade talks after […]
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