A wave of lawsuits combined into one may keep the UK from exiting the EU without a vote in Parliament. That vote could ultimately prevent the government from invoking Article 50, the necessary first step […]
“Pokemon Go” has passed the $200 million in global revenue milestone in the first 30 days following its launch, data from a Sensor Tower report indicate. Revenue is driven largely by in-app purchases and is […]
China’s exports and imports fell more than expected in July, making a rocky start for the third quarter and suggesting global demand remains weak in the aftermath of Britain’s decision to leave the EU. Exports […]
Wal-Mart will reportedly announce its $3.3B purchase of online retailer Jet.com today in what appears to be the largest-ever acquisition of an e-commerce company. Under the terms of the deal, Jet co-founder and chief executive […]
Britain’s Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus (OTCPK:EADSY), escalating a probe that had been simmering for months. The move […]
Fund managers have brought 139 exchange-traded funds to the US retail market this year, down from 160 in the same period last year, but equities remain the focus. This year, 40% of launches invest in […]
Japan’s current-account surplus soared 31.3% in the first six months of 2016 to reach 10.63 trillion yen, the biggest total since the second half of 2007. The increase is fueled by rising revenue from foreign […]
The Bank of England’s plan to purchase £70 billion in bonds, including £10 billion in investment-grade corporate bonds, has had a positive effect, with A-rated sterling corporate-bond spreads falling to 1.38 percentage points. The central […]
The CBOE Volatility Index, a so-called fear gauge, plummeted Friday to a two-year low and came close to some of the lowest readings in the past five years. The index reached its lowest level in […]
It is being reported Apple (NASDAQ:AAPL) has bought Turi, a “machine learning platform for developers and data scientists.” Apple has commented the following to multiple sources in regard to the buzz: “Apple buys smaller technology […]
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