The Latest Global Financial News - Page 5

Facebook’s Libra Continues to Worry Policymakers

Facebook’s Libra Continues to Worry Policymakers

While Facebook’s cryptocurrency hasn’t been even launched, it continues to make the headlines and get all the attention from politicians and policymakers. Recently, Bank of England (BOE) Governor Mark Carney said that Libra must be “rock solid” before it gets the green light. Elsewhere, Fran... Read more.

PepsiCo’s Q2 EPS, Revenue Beat Expectations

PepsiCo’s Q2 EPS, Revenue Beat Expectations

PepsiCo presented its financial performance for the second quarter, which showed that the company’s earnings beat analysts’ estimates. As a result... Read more.

Ford Partners With Volkswagen to Use Its Electric Car Technology

Ford Partners With Volkswagen to Use Its Electric Car Technology

US-based carmaker Ford and German Volkswagen (VW) have reached a preliminary agreement according to which the companies will share technologies relate... Read more.

FB’s Libra Faces Skepticism in India, Japan

FB’s Libra Faces Skepticism in India, Japan

While Facebook hasn’t even launched its cryptocurrency called Libra, the project has already sparked a lot of controversy among regulators and polit... Read more.

Weekly Market Review - July 1-5

Weekly Market Review - July 1-5

The week that ended July 5 has been quite passive, especially because of the US Independence Day on July 4. One of the most important events occurred ... Read more.

Mercedes Partners With BMW on Autonomous Driving Technology

Mercedes Partners With BMW on Autonomous Driving Technology

German carmakers BMW Group and Daimler AG, the owner of Mercedes Benz brand, announced on Thursday a partnership that will see the companies jointly w... Read more.

Tesla Reports Record Deliveries And Production in Q2

Tesla Reports Record Deliveries And Production in Q2

US-based electric car maker Tesla announced on Tuesday night that its delivery and production performance in the second quarter hit record levels, bea... Read more.

FCA Wants to Ban Consumers From Crypto CFDs, Options, Futures, ETNs

FCA Wants to Ban Consumers From Crypto CFDs, Options, Futures, ETNs

The Financial Conduct Authority (FCA), the UK’s main financial regulator, wants to limit retail investors’ access to cryptocurrency products, acco... Read more.

Visa Acquires Payment Protection Firm Verifi

Visa Acquires Payment Protection Firm Verifi

US-based financial services giant Visa announced last Friday that it had reached an agreement to buy Verifi, a payment protection and management solut... Read more.

Deutsche Bank to Cut up to 20,000 Jobs Amid Massive Overhaul

Deutsche Bank to Cut up to 20,000 Jobs Amid Massive Overhaul

The Board of Directors of German bank Deutsche Bank will meet on Sunday to talk about a restructuring that could lead to 20,000 job cuts, Reuters repo... Read more.

Apple Redirects Mac Pro Production to China

Apple Redirects Mac Pro Production to China

Apple is moving Mac Pro production to China, people familiar with the matter told the Wall Street Journal (WSJ). The desktop computer has been the onl... Read more.

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