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Ireland says it can help U.K. companies that are concerned about losing the right to sell products into the European Union after Brexit comes into effect. “We’re saying to people, if there are difficulties, Ireland can be part of the solution for passporting,” Michael D’Arcy, minister of state at Ireland’s Department of Finance, told CNBC
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China will step up oversight in the banking sector this year to reduce financial risks, the country’s banking regulator said, stressing that long-term efforts would be needed to control banking sector chaos. The China Banking Regulatory Commission (CBRC) said late on Saturday in a statement that its priorities included increasing supervision over shadow banking and
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Indonesia’s central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system. Bank Indonesia (BI) has previously said that cryptocurrencies were not recognized as a legal medium of exchange, so that they
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After hours of marveling at the tape’s incessant march higher, CNBC’s Jim Cramer took a step back to check the market layout. “What’s driving it? … Same as always: [a] stock shortage — it’s really been acute in the industrials — 401(k) money being thrown at the market, animal spirits, a stronger consumer, tax reform,
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After hours of marveling at the tape’s incessant march higher, CNBC’s Jim Cramer took a step back to check the market layout. “What’s driving it? … Same as always: [a] stock shortage — it’s really been acute in the industrials — 401(k) money being thrown at the market, animal spirits, a stronger consumer, tax reform,
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The market rally has left RiverFront Investment Group Chief market strategist Kevin Nicholson bullish on earnings, but not complacent. Anticipating higher rate hikes from the Federal Reserve, Nicholson said RiverFront is moving investments into Europe and Asia. “We expect more volatility because last year, you had the fed raising rates from 0 to 1 percent
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Via: India Space Research Organization Water is critical to the future of spaceflight, and especially to human colonizing other planets. Beyond being necessary for life, water is one of the most efficient propellants. The results of the Arkyd-6 mission will teach Planetary Resources what it needs to know before launching exploratory crafts to asteroids near
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Samuel Kemp, Piper Jaffray: “We see this as the right long-term decision.” When people are selling the stock, they’re thinking: “This could lead to reduced Facebook engagement, ad impressions and therefore ad revenue,” according to Kemp. But Facebook still owns Instagram, and that could absorb any ads that don’t find a home on Facebook’s main
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Late last year, Morgan Stanley got a tip: Reporters were asking about allegations that a high-profile executive, the former congressman Harold E. Ford Jr., had harassed a female journalist. Morgan Stanley conducted a quick investigation, interviewing the accuser and Mr. Ford, who denied the allegations. According to Morgan Stanley officials briefed on the internal process,
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Recently, there’s been a lot of talk about Apple possibly buying Netflix. The new round of speculation seems to have been kick-started by Barry Ritholtz in Bloomberg View last November. (Some skeptical takes are here and here.) Forget it. It’s too late. There’s no chance this will happen now. Here’s why. It’s too expensive —
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“It’s exciting to contemplate what you’d do with any amount of extra money, but it might cause you to make financial decisions that don’t look so good in hindsight,” said Kathryn Hauer, a certified financial planner with Aiken, South Carolina-based Wilson David Investment Advisors in a December interview. Among the companies announcing worker windfalls, AT&T
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