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 […]
Deliveroo, a food delivery start-up based in London, is about to find out after it raised $275 million on Friday to take the company’s fund-raising to almost half a billion dollars since it was founded […]
Tech unicorn and sharing economy Airbnb has informed the State of Delaware that it’s raising another heap of cash. TechCrunch independently verified that Airbnb indicated in a 28 page filing on July 28th that it has plans to bring in […]
Bank of America is working to make electronic person-to-person money transfers “as ubiquitous as checks,” says CEO Brian Moynihan, and the shift will save the bank on the cost of handling cash. The bank is […]
Walt Disney (NYSE:DIS) is considering using a similar augmented reality approach than Pokemon Go for a new range of Star Wars toys, sources told WSJ. The development comes after a disappointing year for Playmation, the […]
Xiaomi has joined the virtual reality landgrab with a cheap smartphone-based headset which will be compatible with devices from 4.7-inch to 5.7-inch in size. More than 1M consumers have already signed up to trial the […]
Mercedes-Benz is planning its own distinct line of electric vehicles, challenging BMW (OTCPK:BAMXF) and Tesla (NASDAQ:TSLA) in a bet that alternative fuel cars have the potential to become profitable. According to Bloomberg, Mercedes (OTCPK:DDAIF) will […]
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