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Discuss the Future of Blockchain, Finance, and Business at Hard Fork Summit
2.9.2019
Hard Fork Summit by TNW is back for its second edition. For three days in October, digital leaders in finance, regulation, and blockchain will come together to do business and discuss a new era of fintech and decentralized business models. Hosted in Amsterdam, The Netherlands, the program includes...
Kedaara Capital Considering Investment in Indian Eyewear Startup Lenskart
2.9.2019
The Indian startup space has grown at a breakneck pace over the past decade or so, and a handful of companies have come up that have grown into high growth unicorns. Those firms are involved in a range of businesses, and there is a hope that more startups will eventually join that coveted club....
Why the Birth of Bitcoin Can Be Traced Back to 1971
1.9.2019
The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite...
Amanie Advisors Support Ether’s Compliance With Islamic Finance Law
31.8.2019
Islamic finance and Sharia advisory firm Amanie Advisors put forward Ether’s compliance with Islamic religious law
India Announces Multiple Mega-Mergers of State-Owned Banks in Latest Attempt to Spur Growth
31.8.2019
India is one of the handfuls of nations in which publicly owned banks still make up the major chunk of the financial system and while it has its merits, it has its demerits as well. In recent years, some of the biggest public sector banks in the country have been encircled with bad loans...
Analysts Project Tough Times Ahead for Banks After Gloomy Bank of America Forecasts
30.8.2019
More often than not troubles in the banking sector do not only ever stay restricted with one bank, unless of course, the issue is specific to the bank. For instance, if a bank loses its way due to risky investments, then it might not affect the whole sector, but when the issue becomes a structural...
Vendors of Microsoft Products Bags Massive $7.6 Billion Contract from the US Government
30.8.2019
Over the years, tech companies and vendors have become some of the most powerful entities in the world due to the very nature of the services that they can provide. The sort of products that some of the biggest tech companies in the world have come up with are now not only used in households...
Yuan Weakness Forces Tesla To Raise the Prices of Its Cars in China
30.8.2019
It has been a bit an up and down year for Tesla so far as the company recovered from an abysmal start to the year by eventually posting record deliveries in the second quarter. However, the challenges that the company has been facing over the course of the past quarters have proven to be highly...
Crypto Lending Platforms Prepare to Assail the Banking System
30.8.2019
The battle lines have been drawn and the troops assembled. On the one side stands the combined might of the banking cartels, centuries of deeply entrenched financial infrastructure supporting them. And on the other side stands a handful of crypto companies armed with little more than a passionate...
Amazon in Discussions to Invest in Indonesian Ride-Hailing Company, Gojek
29.8.2019
Ever since Uber first burst into the scene with its ride-hailing service and expanded into different countries, many other ride-hailing services have come up in different parts of the world. Over the years, the Indonesian ride-hailing service Gojek has managed to grow into one of the nation’s most...
Fintech Company Salaryo Inc Raises $5.5 Million To Start Coworking Membership Service
29.8.2019
Over the past decade, plenty of highly innovative startups have come into existence, which provides services to a wide range of industries and has created enormous value for its customers. One of those is the Fintech startup Salaryo Inc, which provides specific services to startups and freelancers....
Insurance Service Rolled Out by Tesla in California
29.8.2019
Over the past half a decade or so, Tesla has emerged as one of the world’s most innovative companies, and its electric cars are now included among the most important advancements that have happened in the history of car manufacturing. However, the company is still trying to be consistently...
Goldman Sachs States That There is More Pain in Store for Indian Economy
29.8.2019
The global economy is currently in the middle of turmoil due to a wide range of factors. Two of the world’s biggest economies, the United States and China, are locked in a bruising trade war, while Europe’s biggest economy, Germany has experienced a downturn. However, among all that it is perhaps...
Singapore Grants Alibaba AI Patent in Record Time
29.8.2019
Over the course of the past few decades, Singapore has grown into one of Asia’s most vibrant economies, and much of the credit for the stupendous growth is down to the fact that the government does not indulge in bureaucratic delay when it comes to business deals. That has seen billion of dollars...
Fake Gold Bars Detected in the Global Market While Price Hits New Six-Year High
29.8.2019
Sentiments driving the value of gold has shown no sign of slowing down since last 6 years. Priced at $1,545/oz, today, the commodity has hit a new high. Until now it has made over 20% this year and has reached its peak since March 2013. On the contrary, such escalating gold prices have paved...
Altria and Philip Morris Locked in Talks to Create Mega $200 Billion Tobacco Company
28.8.2019
The tobacco industry is replete with instances of large companies merging to form larger corporations, but there are very few instances in which companies that had been formed after a split come together again. 11 years ago, Philip Morris International had split from Altria due to the slowdown...
Walmart Pledges $4.8 Million towards Organizations That Work With Indian Farmers
28.8.2019
Over the years, some of the biggest corporations in the world have pledged billions of dollars in causes that could improve the lives of a whole variety of people across the world. The world’s biggest retail chain Walmart has also done its fair bit with regards to a range of causes through...
Taxi Hailing Company Grab to Invest $500 Million in Vietnam Over the Next Half a Decade
28.8.2019
Investment in the different potentially high growth Asian economies is now one of the pet strategies of some of the biggest tech companies in the world, and in that regard, Vietnam is an excellent choice. Over the years, Singapore based ride-hailing service Grab has grown into a behemoth, and...
Macquarie of Australia Set to Raise $675 Million to Invest in Renewables and Tech
28.8.2019
Tech and renewable energy are two sectors that are expected to be much bigger in the years to come, which is why some of the biggest investment banks in the world are getting into the sectors in a big way. Tech is already big, but the scope of growth is still immense, while renewable energy...
HSBC Is First Bank to Finance Transaction via Hyperledger on we.trade
27.8.2019
HSBC becomes the first bank to finance a transaction on blockchain trade platform we.trade