''After 30 odd years in traditional banking, working for the big banks around the world, I decided to quit because I thought banking was broken .. and to start a bank from scratch with all new technology'', says Anne Boden, chief executive of Starling Bank.''The legacy banks are full of this technology which has been around for a long time and it's very, very difficult to maintain and keep at the...Read More
Octagonal Plc (LON:OCT) saw its shares jump 16.9% to 3.1p in late-afternoon trading as its wholly owned subsidiary, Global Investment Strategy UK, reported record earnings in full-year results.The AIM-listed investment group said its subsidiary's underlying earnings (EBITDA) will be ?3mln, a 39% increase from ?2.2mln the previous year, on sales of ?6.5mln, a 16% increase from ?5.6mln the year...Read More
Creaking openChina's Big Bang Is a Squib, for NowForeign banks face barriers as the market is opened.By Anjani TrivediMore stories by Anjani Trivedi and Nisha Gopalan@nishagopalanhkMore stories by Nisha GopalanRead More
(Kitco News)- Sometimes itpays to get a second opinion at least it did for one New England man who foundout that his once-believed fake gold coin, which dates back to 1854, is realand is worth millions of dollars.According to reports, the coinowner, who has requested to remain anonymous, believed his small gold coin witha $5 denomination from the San Francisco Mint, made during the height of theCa...Read More
BERLIN (Reuters) - The European Commission believes U.S. President Donald Trump is setting unacceptable conditions for the European Union to get a permanent exemption from steel and aluminum tariffs, a German newspaper reported on Thursday.The United States imposed import tariffs of 25 percent on steel and 10 percent on aluminum in March on aluminum on grounds of national security, but it provided...Read More
"International Nickel Study Group (INSG) out with a market report this week forecasting a 117kt deficit in the #nickel market this year vs ~100kt in 2017. Deficits large and growing. The nickel market is structurally short"Read full newsRead More
MEXICO CITY (Reuters) - The Inter-American Court of Human Rights on Thursday began hearing the first case of alleged state-led human rights violations in Mexico to be brought since the country militarized its battle against bloodthirsty drug cartels over a decade ago.The case of Alvarado Espinoza et al vs Mexico will be held in San Jose, in Costa Rica, on Thursday and Friday. It is expected to shi...Read More
NEW YORK (Reuters) - A gauge of global equities advanced on Thursday, lifted by a round of solid quarterly earnings in Europe and the United States, while the euro weakened after the head of the European Central Bank hailed “solid” economic growth but kept interest rates unchanged.On Wall Street, technology stocks jumped 2.35 percent, led by a 9.73 percent jump in Facebook Inc and 4.69...Read More
WASHINGTON (Reuters) - New U.S. Secretary of State Mike Pompeo plans to travel to Saudi Arabia, Jordan and Israel over the weekend after a stop in Brussels for a NATO meeting, the State Department said on Thursday.“No other secretary in recent history has gone on a trip as quickly as he has,” department spokeswoman Heather Nauert told reporters. Pompeo was confirmed by the Senate on Th...Read More
Today lead Tips – lead Sell call 6e3 given at price 154 CMP 153.30. Low risk trader book 0.7 x 2 lot = 1.40 Points at CMPTIPS ID 6e3 : Mcx Lead – SELL Lead at CMP 154 for Target 153 – 152.60 with SL Above price 155. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
We originally recommended the FB call on April 3Subscribers to Schaeffer's Event Trader service just scored a 117% profit with the Facebook Inc (NASDAQ:FB) April 155 call. We're going to take a look back to see why we were initially bullish on FB, and how the options trade unfolded. At the time of our call recommendation from Tuesday, April 3, we noted that Facebook stock was up 10% year-over-ye...Read More
The shares are flirting with multi-year highs, yet options remain attractiveBiotech name Heron Therapeutics Inc (NASDAQ:HRTX) once again appeared on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks that are currently trading near a 52-week high, but also sport a low Schaeffer's Volatility Index (SVI). This combination of stellar price action and relatively inexpensive short...Read More
Copper Commodity – Copper Sell call 6e5 given at price 459.90 Achieved 2nd Target 456. CMP 455.40. Total profit of 3.9 x 2 lot = 7.8 Points / Rs 78006e5 : Tips for Copper - SELL Copper at CMP 459.90 for Target 457.50 - 456 with SL Above price 462.60, RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Gold prices on Thursday fell for a second straight session to hold ground at their lowest settlement in about five weeks, pressured by gains in the U.S. dollar and stock market. "What gold is looking for is a new consolidation range after the quick move back to the downside in the absence of safe-haven buying we saw earlier in April," said Jeff Wright, executive vice president at Gold Mining Inc....Read More
NEW YORK (Reuters) - Oil prices edged up on Thursday as the market weighed the risk of renewed U.S. sanctions on Iran and plunging Venezuelan output against a backdrop of strong demand, above all in Asia, the world’s biggest oil-consuming region.Global benchmark Brent crude futures LCOc1 were up 52 cents at $74.52 a barrel at 1:41 p.m. EDT (1741 GMT), while U.S. West Texas Intermediate (WTI)...Read More
Getty ImagesTrade had been expected to be a drag on first quarter growth. The numbers: The trade deficit in goods narrowed 10.3% to $68 billion, according to the government's advanced report released Thursday. This was the first narrowing of the deficit in seven months and came in well below the $73.4 billion estimate of economists polled by MarketWatch. The government's advanced report on wholes...Read More
NEW YORK/WASHINGTON (Reuters) - A federal judge ruled on Thursday that a court-appointed independent official called a special master should be the first to examine documents seized by FBI agents from U.S. President Donald Trump’s personal lawyer, Michael Cohen.The agents raided Cohen’s office and home on April 9, an action that infuriated the president. Prosecutors said they have been...Read More
BTL Group's (TSXV:BTL) CEO Dominic McCann shares his excitement about the release of their new blockchain platform Interbit.McCann says this will now allow companies to address cyber security by making data more secure.He says Interbit will allow mass processing of data to be more efficient and in return save costs.The new step for BTL is to get the word out about Interbit and showing companies ho...Read More
FRANKFURT (Reuters) - European Central Bank chief Mario Draghi played down concerns over softness in the euro zone economy on Thursday as the ECB sought to bolster expectations for a gradual withdrawal of the ECB’s monetary stimulus.Sources have told Reuters ECB policymakers were keen not to upset investor expectations that its 2.55 trillion-euro ($3.09 trillion) stimulus program would end t...Read More
Russia's leading coal producer, SUEK, has joined the World Coal Association (WCA), the only body acting internationally on behalf of the global coal industry. With 15 underground mines and 12 open pits in Siberia and the Far East of Russia, SUEK is one of the world's largest coal companies that produces higher-quality enriched coal."As the WCA continues to demonstrate the vital role coal plays in...Read More