Business

Trade between Russian Federation & India up 22% this year

1 min ago DieselGasoil Comments Off on Trade between Russian Federation & India up 22% this year
Published time: 11 Dec, 2017 13:04 India’s President Ram Nath Kovind announced on Monday his country’s trade with Russian Federation has increased by almost a quarter in the first six months of this year. “The early operationalization of the International North South Transport Corridor can play a significant role in achieving our bilateral trade targets,” Read More

US military operations overseas lead resurgence of global arms sales

31 mins ago DieselGasoil Comments Off on US military operations overseas lead resurgence of global arms sales
Published time: 11 Dec, 2017 12:10 The worldwide trade of weapons and military services rose for the first time in five years, hitting $374.8 billion in 2016, according to the annual report published by the Stockholm International Peace Research Institute (SIPRI) on Monday. The research revealed last year marked the end of five consecutive years Read More

Hotly anticipated bitcoin futures ease off after 22 percent surge

1 hour ago DieselGasoil Comments Off on Hotly anticipated bitcoin futures ease off after 22 percent surge
NEW YORK/SYDNEY/LONDON (Reuters) – Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use. Virtual currency Bitcoin tokens are seen in this Read More

Bulgaria discovers it has enough bitcoins to pay off fifth of its debt

2 hours ago DieselGasoil Comments Off on Bulgaria discovers it has enough bitcoins to pay off fifth of its debt
Published time: 11 Dec, 2017 11:01 Edited time: 11 Dec, 2017 11:02 Hundreds of thousands of bitcoins have been seized in an anti-corruption operation in Bulgaria, reports Zerohedge. They are currently worth $3.6 billion, which is enough to pay off a fifth of the country’s national debt of $16.5 billion. Dozens of people were arrested Read More

Bitcoin surges to $17,000 after start of futures trading

3 hours ago DieselGasoil Comments Off on Bitcoin surges to $17,000 after start of futures trading
Published time: 11 Dec, 2017 09:25 Edited time: 11 Dec, 2017 10:24 The price of bitcoin has soared by nearly a quarter to almost $17,000 in the past 24 hours after the Chicago-based exchange, Cboe, launched the first bitcoin futures contracts on Sunday. It increased 8 percent in less than 10 minutes after trading began. Read More

Ukraine is Europe’s poorest nation with $220 average monthly wage

3 hours ago DieselGasoil Comments Off on Ukraine is Europe’s poorest nation with $220 average monthly wage
Published time: 11 Dec, 2017 10:06 Edited time: 11 Dec, 2017 10:24 The latest research shows the people of Ukraine have the worst living standards among all of Europe. An average Ukrainian earns just €190 per month, or just a little over $220, according to the study by Texty.org.ua. The highest average net salary, according Read More

Bitcoin futures steal spotlight, momentum keeps pushing stocks up

4 hours ago DieselGasoil Comments Off on Bitcoin futures steal spotlight, momentum keeps pushing stocks up
LONDON (Reuters) – World stocks climbed and equity volatility neared a record low on Monday as investors focused on signs of strong economic growth ahead of a slew of central bank rate decisions, while the launch of bitcoin futures fed the market’s cryptocurrency obsession. A collection of Bitcoin (virtual currency) tokens are displayed in this Read More

Hotly anticipated bitcoin futures surge 21 percent on debut

6 hours ago DieselGasoil Comments Off on Hotly anticipated bitcoin futures surge 21 percent on debut
NEW YORK/SYDNEY (Reuters) – Bitcoin futures jumped more than 20 percent in their eagerly anticipated U.S. debut, which backers hope will encourage wider use and legitimacy for the world’s largest cryptocurrency even as critics warn of the risk of a bubble and price collapse. Virtual currency Bitcoin tokens are seen in this illustration picture, December Read More

Ford's November China vehicle sales drop 8 percent year-on-year

6 hours ago DieselGasoil Comments Off on Ford's November China vehicle sales drop 8 percent year-on-year
(Reuters) – Ford Motor Co’s (F.N) sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday. FILE PHOTO: Visitors look at Ford models at Auto Guangzhou in Guangzhou, China November 17, 2017. REUTERS/Bobby Yip/File Photo The firm’s sales in the Read More

Bitcoin futures rocket past $18,000; Asian shares buoyant

7 hours ago DieselGasoil Comments Off on Bitcoin futures rocket past $18,000; Asian shares buoyant
SYDNEY (Reuters) – The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a hotly anticipated launch, while Asian shares climbed amid optimism about global growth. A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration Read More