Business

Business Bitcoin latest: JPMorgan CEO Jamie Dimon 'regrets' calling cryptocurrency a fraud
Author: 0 Bitcoin latest: JPMorgan CEO Jamie Dimon 'regrets' calling cryptocurrency a fraud

You can have crypto Dollars and Yen and stuff like that. "The blockchain is real", Dimon said. The initial coin offerings ICOs need to be reviewed "individually", he said. At that time of the comments, the price of Bitcoin was approaching $5000 from under $1000 at the beginning of the year. The price of bitcoin declined 1.4% to $14,760 Tuesday, according to data from industry website CoinDesk.

Business BMW drifts the new M5 to two world records
Author: 0 BMW drifts the new M5 to two world records

What do you think of this wonderful world record? In order to achieve car-to-car refueling, BMW got rid of the old M5's rear seats to make room for the auxiliary fuel tank necessary to feed the record-breaking auto. Mullins and Butts in the fuel auto were called upon five separate times over the course of Schwartz's 8-hour drift. "In the end, the refueling system worked flawlessly and the M5 performed as expected".

Business South Korean banks are under the supervision of the authorities
Author: 0 South Korean banks are under the supervision of the authorities

The authorities will check if the banks are following the anti-money laundering rules specified by the government and that all accounts are registered under real names, said Choi Jong-ku, chairman of FSC. The spokesperson said Woori had stopped providing virtual account services last month as the costs of using a real-name transaction system were too prohibitive.

Business Allegiant Air launching service to Charleston International Airport
Author: 0 Allegiant Air launching service to Charleston International Airport

It will operate year-round to Sarasota from both Indianapolis and Pittsburgh on 11 April, and from Cincinnati on 13 April. Charleston International also said in a November release that Frontier Airlines will begin nonstop flights to Denver and Philadelphia on February 20 then start service to Chicago in May.

Business Rafael Nadal loses to Richard Gasquet at Kooyong Classic
Author: 0 Rafael Nadal loses to Richard Gasquet at Kooyong Classic

But here I arrive in plenty of time and it's a good day to start feeling again. of playing a match", Nadal said in an on-court interview following the match. Novak Djokovic is also working his way back into top shape after sitting out the second half of 2017 with an elbow injury. Kamiji's hopes of becoming the first women's player to win all four Grand Slam singles titles in the same season was thwarted at Wimbledon last July when she was beaten by Ellerbrock in the semifinals.

Business IShares S&P Small-Cap 600 Growth (IJT) Declines 0.2% for Jan 8
Author: 0 IShares S&P Small-Cap 600 Growth (IJT) Declines 0.2% for Jan 8

Many traders will do numerous chart studies to find out which indicator or indicators tend to project the most relevant trading assistance. Currently, the 14-day ADX for USA Value Factor Ishares ETF (VLUE) is sitting at 25.91. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 47. Ishares Edge MSCI Min Vol EAFE ETF (XMI.TO)'s Williams Percent Range or 14 day Williams %R now sits at -87.26.

Author: 0 NASA astronaut John Young dies at 87

Astronaut John Young peers up from a rescue sling as he is hoisted aboard an SH-3A Sea King helicopter of Helicopter Anti-Submarine Squadron HS-3 off the amphibious assault ship USS Guadalcanal (LPH-7) after the splashdown of his Gemini 10 space capsule in the Atlantic Ocean on 21 July 1966.

Business India rejects USA solar claim at WTO, explores new defense
Author: 0 India rejects USA solar claim at WTO, explores new defense

AISIA, however, made a strong case for specific anti-dumping duty on imports from China which is flooding the Indian market with its cheap solar modules making domestic industry unviable. For the duty to be levied, the finance ministry has to accepts the recommendations of the Directorate General of Safeguards. Acting on an application filed by an association of five domestic cell and module makers including Adani Group, DGS recommended "a provisional Safeguard Duty be imposed at the rate of ...

Business Mince pie sales soar as festive spend rises £1bn
Author: 0 Mince pie sales soar as festive spend rises £1bn

Morrisons was the first of the big four to report on Christmas trade. Aldi and Lidl , which between them account for nearly 12pc of Britain's grocery market, both grew by 16.8pc, as they continued to open new stores at a rapid pace. The combined market share of the two German supermarkets stood at 11.8%, up from 10.4% a year earlier, attracting almost one million additional households during the period, Kantar added.

Business Jet Airways : Indian airline fires pilots for fighting in the air
Author: 0 Jet Airways : Indian airline fires pilots for fighting in the air

In a statement issued here on Monday, the DRI said that officials have recovered Dollars 4,80,200 (approximately Rs 3.21 crore) wrapped in foil in her possession. "The gold would then be sent to India illegally", an official said. When asked about the incident earlier, the spokesperson had claimed that a "misunderstanding" occurred between the cockpit crew and the same was resolved "amicably" and "quickly".

Business Vtech settles FTC lawsuit over children's data privacy
Author: 0 Vtech settles FTC lawsuit over children's data privacy

Personal information of children - including email addresses, names and gender - were stolen during the breach. Back in 2015, a hacker had broken in to Vtech's systems and taken data from users who had registered accounts on the company's "Learning Lodge" app store.

Business Pfizer ends research for new Alzheimer''s, Parkinson's drugs
Author: 0 Pfizer ends research for new Alzheimer''s, Parkinson's drugs

The pharmaceutical company said in a statement Saturday that it will redirect funds "to those areas where we have strong scientific leadership and that will allow us to provide the greatest impact for patients". Unfortunately their efforts have been largely in vain, with several drugs tested in the last few years reaching the final stage of trials - only to prove ineffective.

Business Hyundai Nexo Will Deliver 370 Miles on Tank of Hydrogen
Author: 0 Hyundai Nexo Will Deliver 370 Miles on Tank of Hydrogen

Revealing the NEXO during a press conference in Las Vegas on Monday, the South Korean automaker said the hydro-powered sedan can run almost 600 kilometers on a five-minute charge and has durability equivalent of 160-thousand kilometers per ten years.

Business Kapil Mohan, the man behind iconic Old Monk, passes away at 88
Author: 0 Kapil Mohan, the man behind iconic Old Monk, passes away at 88

Brewed in the Himalayas by Mohan Meakin, the famous Old Monk rum is one of the cheapest rums sold in India. Brigadier (retd.) Kapil Mohan led the reins of the first known brewery, Dyer Meakin Breweries. Mohan also launched malt houses, glass factories, breakfast food, malt extract factories etc. "Respect to the Late Brig Kapil Mohan, a proud fellow National Service Volunteer-Reservist of the Territorial Army (TA), and the creator of Old Monk Rum, " tweeted another.

Business Chinese media blames India for United States cutting aid to Pakistan
Author: 0 Chinese media blames India for United States cutting aid to Pakistan

Pakistan's foreign ministry issued a cautious statement in which it said it was "engaged" with United States officials and awaiting further details. He said instead of recognizing Pakistan's sacrifices in war against terrorism, America is putting blames on Pakistan for its own failures in Afghanistan .

Business Guillermo Del Toro wins Golden Globe for 'Best Director'
Author: 0 Guillermo Del Toro wins Golden Globe for 'Best Director'

It took two awards including Best Original Score from Alexandre Desplat and Best Director for Guillermo del Toro . This win cemented the film - The Shape of Water - 's chances at the Oscars this year. We have made a deal with a particularly inefficient devil that trades three years of our lives for one entry on IMDb. "I've been very stubborn for many, many years", he said , which earned a few laughs from the assembled press backstage.

Business Explosion outside major train station causes serious injuries
Author: 0 Explosion outside major train station causes serious injuries

A police spokesman said a man died after picking up an object outside the Varby Gard station in Stockholm . Islanders evacuated as volcano returns to life Sydney Some 600 residents of the small island of Kadovar off Papua... "We do not know more than that", Stockholm fire department spokesman Lars-Ake Stevelind told Sveriges Radio, according to Express. For now, the station is cordoned off, as officials sweep the area for any other possible explosives.

Business Mothercare warns on profits after Christmas sales drop
Author: 0 Mothercare warns on profits after Christmas sales drop

Despite a growing push by retailers on web trade, the firm's online sales - which represent 42% of its United Kingdom sales - also tumbled by 6.9%. That was partly due to store closures but, even at those that remained open, sales dropped 7.2pc.