Facebook’s Libra helps Bitcoin reach over $11,000

On Monday, Bitcoin, a digital currency, rose above $11,000. The company owes the push in its price to Facebook, as the cryptocurrency sector got a huge boost from Facebook’s plan to launch its own digital unit Libra. Bitcoin reached $11,251.21, for the first time in the past 16 months. “The strong resurgence in the bitcoin […]

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qatar turkey

Qatar grows ties with Turkey, to build an influential trio with Iran

A common factor which binds Doha and Ankara is the agenda of backing up various extremist Islamist organizations in…

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RBA

The RBA Chief Bearish On Facebook cryptocurrency Libra

‘Don’t Hold Your Breath:’ Australia’s Central Bank Chief Bearish On Libra The Reserve Bank of Australia (RBA) Chief,…

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Airbus

Airbus easily outpaces Boeing in new plane orders since Paris Air Show wraps up 

Airbus capped a comparatively low-key Paris Air Show with more than two times as many orders as Boeing. From Monday through Thursday,…

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US companies strongly oppose Trump’s China tariff plan, call it detrimental for business

US companies especially from the world of technology including Apple, Keurig Dr.Pepper, Dollar Tree, Fitbit opposed the proposal to…

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Carney warns that abrupt shift to no-brexit deal would hit UK economy

With the United Kingdom nearing the date of exiting the EU, i.e. 31 October, the Bank of England governor,…

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Lightning labs

Lightning Labs Mobile App Makes 2,000 Downloads in 24 Hours 

San Francisco-based Lightning Labs, concentrated on a layered scaling solution for bitcoin, released its first mobile app on Wednesday. Based…

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waymo

Waymo finalized a contract to make self-driving cars for use in France and Japan 

Waymo has agreed upon a deal with Renault and Nissan to build self-driving cars and trucks for use in France, Japan…

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Bank of England

Sterling slips since Bank of England cuts second-quarter progress to zero

The Bank of England kept interest rates stable on Thursday amid the possibility of a no-deal Brexit still hanging over the…

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libra

Facebook may not launch its cryptocurrency Libra in India

Facebook’s cryptocurrency Libra may not be started in India, based on a The Economic Times report. The social media giant is…

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Deutsche Bank faces criminal investigation over money-laundering issue

Deutsche bank has been accused of money-laundering charges imposed by a former Bank employee. Tammy McFadden, a former anti-money…

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Libra fb

Banking sector wary of Facebook’s Libra coin, demands closer examination

Facebook’s recent announcement over the launch of its global digital currency, Libra, raised a lot of apprehensions among the…

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Data leak

Bithumb Strike with Data Leak Expenses, Denies Link to Hack 

South Korea’s prosecution authorities have indicted Bithumb, one of the country’s leading cryptocurrency exchanges, accusing the method of leaking sensitive fiscal data…

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