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Central banks are looking at creating their own digital currencies – a stark contrast to the ethos of cryptocurrencies that seek to subvert mainstream authority over money. – Reuters: … Read More
U.S. Treasury Secretary Steven Mnuchin told Greta Thunberg she should study economics on Thursday, a jibe which prompted the climate activist to say she didn’t need a degree to know … Read More
A U.S. regulator said it will review part of a recommendation made last fall that India’s Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles’ … Read More
Oil prices fell more than 2% on Thursday on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth, but losses … Read More
Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc’s board, seeking to take control of the personal computer maker after several rejections of … Read More
A rising number of central banks are likely to issue their own digital currencies in the next few years, research by the Bank for International Settlements (BIS) showed on Thursday, … Read More
VF Corp trimmed its full-year forecasts on Thursday, as the apparel maker struggles with waning demand for its Timberland outerwear and slowing growth at Vans. – Reuters: Money News
Lebanon and Japan have about 40 days to decide whether ousted Nissan boss Carlos Ghosn will be extradited to Japan or stand trial in Lebanon, a judicial source and a … Read More
The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth is slowing. – Reuters: … Read More
Gold steadied on Thursday as sentiment for riskier assets soured on jitters over a virus outbreak in China, although the safe-haven metal held a tight range as investors awaited further … Read More