News
IMF downgrades global economic forecast to account for Brexit
The International Monetary Fund cut its global economic growth projections by one-tenth of a percentage point to 3.1% this year and 3.4% next year to reflect the likely consequences of the UK’s surprise decision to […]
Support for startups key part of Google’s European charm offensive
Google has provided financial backing for European co-working spaces aimed at helping startup founders get their companies off the ground. The US tech giant is also funding other initiatives in Europe, seeking to soften its […]
Fintech index debuts from Nasdaq, KBW
Nasdaq and Keefe, Bruyette & Woods have introduced the KBW Nasdaq Financial Technology Index to bring investors “precise index representation” of 49 fintech firms. “The KFTX provides a relevant benchmark within the fintech space, which […]
Global markets largely unshaken by failed coup attempt in Turkey
The failed coup in Turkey on Friday did not disrupt financial markets around the world and the lira was one of the strongest performers among rebounding emerging-market currencies and equities. The Turkish government over the […]
SpaceX has successfully landed another Falcon 9 rocket
SpaceX has successfully landed another Falcon 9 rocket after launching a Dragon spacecraft into orbit, where it will rendezvous with the International Space Station later this week. It marks the second time SpaceX (Private:SPACE) has […]
Boeing’s ambitious plan to develop supersonic commercial flights
Boeing marked its centennial late Friday with plans to sharpen its focus on innovation, including ambitious projects for supersonic commercial flight and a rocket that could carry humans to Mars. But innovation at Boeing (NYSE:BA) […]
Pokemon GO, the potential for augmented reality
The phenomenal success of Pokemon GO and the surge in Nintendo’s (OTCPK:NTDOY) market value by $17B in just over a week has shown the potential for augmented reality and the company’s need to capitalize on […]
Deloitte sees blockchain solution for EMIR reporting
Deloitte says it has a solution to conforming with transaction-reporting rules under the European Market Infrastructure Regulation: the company’s pilot blockchain technology. “With a distributed-ledger technology solution, the transaction data will be readily available to […]
UK lawmakers: Brexit raises issues for Fintech
The British government must move swiftly to clarify the effect of the UK’s withdrawal from the EU on the ability of British fintech firms to gain access to the EU’s Digital Single Market and employ […]