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Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices


A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...

Private Equity Group Advent Acquires Cobham for £4 Billion in Cash


Defense supply is one of the biggest industries in the world and it is perhaps the only industry that is recession-proof. It doesn’t matter whether a nation is going through an economic downturn, but it is going to continue to spend on its defense. As a matter of fact, defense expenditure at...

Facebook Reaches $5 Billion Settlement with the Federal Trade Commission


Facebook has found itself in a whole range of problems over the past couple of years, and many of the problems struck at the very heart of its business. Other than issues related to failure to block advertisements bought by Russians in the lead up to the United States Presidential elections, there...

Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion


Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...

Symantec To Be Acquired By Broadcom In Deal Worth $ 15 Billion


As far as leading corporations firms are concerned, it is a well-known fact that many of them seek to grow their business further with key acquisitions that can add more value and that seems to be a strategy of chip manufacturing giant Broadcom. The company had been trying to acquire big-ticket...

Warren Buffett To Donate $3.6 Billion More To Five Charities


For the majority of his life, Warren Buffett made his name as possibly the greatest investor of the last century, and during the course of his life, he made a fortune that made him one of the world’s wealthiest persons. At this point of time, he has a net worth that is pegged at $87 … The...

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