From the creation of the first block of Bitcoin in January 2009, and after the reference implementation of the decentralised client developed by the enigmatic figure Satoshi Nakamoto, the perception of cryptocurrencies has changed a lot.
John Bruton (Fair Observer) | The decision to opt for Brexit was based on a deep-seated wish to assert an English sense of identity.
As the saying goes, data is the new oil. And this month Facebook has fallen victim to a BP-scale leak in which 50 million users’ data was harvested without consent. While technology companies in the West feel the pressure, Jason Pidcock, Jupiter’s head of strategy on Asian income, argues that the picture looks brighter in Asia, particularly for the darling of Asian software technology: Tencent.
Robust economic growth in France in 2017, coming in at 2%, helps ease the restrictions on public finances. The other point worth noting is that the government must use surplus income, or what is known in France as the ‘funding pot’, to rebalance public finance rather than embark on fresh spending measures if it really wants to prove its commitment on public finances.
Renfe announced that it posted net profit of 70 million euros in 2017, its first ever profits without including extraordinary ítems.
The new oil futures contract should therefore be seen “as a puzzle piece within the targeted internationalisation of the yuan”, comment from Julius Baer. The Chinese government is still a long way from the big goal of establishing the yuan as a leading reserve currency.
At Siemens Gamesa’s AGM last Friday both the CEO Marcus Tacke, and chairwoman Rose García insisted that there is “no doubt” that Spain will remain the company’s “seat of power.”
In three months, Barclays has cut its price target for Telefónica on four occasions, from 9,8 euros/share in December to 9 euros/share last time round, on March 19. That’s almost 10% lower. How can a company’s value change so much in such a short space of time?
Yukon Huang via Caixin | Despite a litany of warnings from experts and some of his own advisors, U.S. President Donald Trump is determined to pursue a series of counterproductive, protectionist measures. Many observers realize that China is the ultimate target of such measures.