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Monthly Archives: March 2018

Trump’s tariff threats may be ‘smart politics,’ Barclays says

Kevin Lamarque | Reuters President Donald Trump waves upon his arrival in West Palm Beach, Florida, March 2, 2018. President Donald Trump’s threats to impose global duties might be a shrewd political move ahead of November’s mid-term elections, analysts at Barclays said Wednesday. After more than a year of stirring …

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Ripple develops blockchain payment app with Japanese bank consortium

Chris Helgren | Reuters The logo of blockchain company Ripple is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Blockchain firm Ripple has developed a payment app that settles transactions instantly, in partnership with a consortium of 61 Japanese banks. The San Francisco-based …

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Nintendo ‘comeback’ sees games console market have best year since 2011

Drew Angerer | Getty Images A person dressed as the Nintendo character Mario waves at a pop-up Nintendo venue in Madison Square Park, March 3, 2017 in New York City. Consumers spent more on games consoles and related services last year than at any time since 2011, according to a …

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‘The Wolf of Wall Street’ producers to pay $60 million to settle US lawsuit

Source: The Wolf of Wall Street Personal finance expert Peter Dunn gives advice to a chronic overspender on how to be less like Leonardo DiCaprio’s character in ‘The Wolf of Wall Street.’ Najib and Riza have consistently denied any wrongdoing. The Malaysian prime minister’s office did not respond to an …

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Mavericks owner Mark Cuban denies 2011 sex assault allegation

Slaven Vlasic | Getty Image Mark Cuban speaks onstage during the THRIVE with Arianna Huffington panel at The Town Hall during 2016 Advertising Week New York on September 28, 2016 in New York City. Dallas Mavericks owner Mark Cuban is denying a 2011 allegation of sexual assault after a weekly …

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Berlusconi says he’ll support Lega leader as Italy prime minister

Pier Marco Tacca | Getty Images Europe Matteo Salvini leader of Lega Nord party speaks during the Lega Nord demonstration in Piazza Duomo on February 24, 2018 in Milan, Italy. Silvio Berlusconi will support the leader of Italy’s euroskeptic partner the League in attempts to form a government, the former …

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ECB expected to tread carefully amid mounting global insecurities

Dario Pignatelli | Bloomberg | Getty Images Mario Draghi, president of the European Central Bank (ECB) Mario Draghi, the president of the European Central Bank (ECB), is unlikely to give too much away at his press conference this week amid a surge in economic uncertainty. The Italian economist will speak …

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Saudi Arabia crown prince UK visit

FAYEZ NURELDINE/AFP/Getty Images Mohammed bin Salman gestures during a press conference in Riyadh, on April 25, 2016 The U.K. is bending over backwards to welcome Saudi Arabia’s crown prince as he starts a three-day state visit aimed at deepening economic ties between the two countries. Banners promoting Saudi-U.K. links have …

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IMF’s Lagarde says nobody wins in a trade war

Denis Balibouse | Reuters Christine Lagarde, Managing Director of the International Monetary Fund (IMF) attends a news conference on the world economic outlook during the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 22, 2018 . The International Monetary Fund’s (IMF) Managing Director Christine Lagarde has warned a …

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Fed’s Kaplan says too soon to change forecasts to reflect tariff impact

Mary Catherine Wellons | CNBC Robert Kaplan, president and CEO of the Federal Reserve Bank of Dallas. Anything that would hurt U.S. relationships with trading partners such as Mexico and Canada would be against the interest of the United States, a U.S. central banker said on Tuesday. “My sensitivity would …

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