(Reuters) - The U.S. Securities and Exchange Commission (SEC) said on Thursday it settled charges against Zachary Coburn, the founder of cryptocurrency token trading platform EtherDelta, over operating an unregistered securities exchange.EtherDelta users executed more than 3.6 million orders for ERC20 tokens over a period of 18 months, including tokens that are securities under the Federal Securit...Read More
FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) will offer a Tesla-rivalling electric car costing below 20,000 euros ($22,836) and convert three of its factories into electric car plants as part of a far-reaching overhaul, a source familiar with the deliberations told Reuters.The electric car, known as “MEB entry” is being readied for a production volume of 200,000 vehicles, while a mid s...Read More
One private company has been minting millionaires, and it's about to go public.Sensitive details about a potential new IPO have been "leaked" from this secure facility in Pittsburgh, PA...40 of the world's top researchers are working on a breakthrough that could be worth $15 TRILLION. So for anyone who missed out on Google, Facebook or even Alibaba - this is thebest chance to cash in right now....Read More
The first exploration program in over 25 years at Integra Resource Corp.'s (TSXV: ITR) DeLamar project in southern Idaho is turning up some high-grade results.The company is drilling more than 20,000 metres this year at the project's DeLamar and Florida Mountain gold and silver deposits, which sit about 5 km apart in the historic Oowyhee County mining district about 80 km south of Boise, the stat...Read More
The first exploration program in over 25 years at Integra Resource Corp.'s (TSXV: ITR) DeLamar project in southern Idaho is turning up some high-grade results.The company is drilling more than 20,000 metres this year at the project's DeLamar and Florida Mountain gold and silver deposits, which sit about 5 km apart in the historic Oowyhee County mining district about 80 km south of Boise, the stat...Read More
BEIJING (Reuters) - China wants to resolve problems with the United States through talks but it must respect China’s choice of development path and interests, President Xi Jinping said on Thursday ahead of a meeting with the U.S. leader in Argentina.China and the United States have put tariffs on hundreds of billions of dollars of each other’s goods and U.S. President Donald Trump has...Read More
WASHINGTON (Reuters) - President Donald Trump forced out his attorney general on Wednesday and threatened to fight back if Democrats use their new majority in the U.S. House of Representatives to launch investigations into his administration and finances.Trump came out swinging a day after his Republicans lost control of the House, and followed through on repeated threats to remove Attorney Genera...Read More
The Federal Reserve appears on track to raise interest rates once more this year.The central bank will likely hold off on any action when its latest policy meeting ends Thursday.Investors will be parsing the statement the Fed will issue after its meeting for any sign that it might be rethinking its probable pace of credit tightening in the coming months. So far this year, the central bank has rais...Read More
Could this be 9 times more valuable than Google, Facebook, and Amazon combined?It's a gadget you could conceal in the palm of your hand. A gadget that could easily pass through airport security. A gadget that could be mass produced quickly.And a gadget that holds the technology set to blow the lid off a breakthrough $15 trillion tech revolution...Of course, this gadget could stand to make a lot of...Read More
The World Gold Council today launched Goldhub, a market-leading source of data, insights and analytical tools aimed at helping investors understand gold's value as a strategic asset.Goldhub will arm investors with a wide range of data that is necessary when making informed decisions in relation to gold investment. In addition, for the first-time, investors will now also have access to interactive...Read More
DUBLIN (Reuters) - European Central Bank President Mario Draghi downplayed a recent string is weak economic data, arguing on Thursday that the euro zone’s broad-based expansion is set to continue.“While some sector-specific data and selected survey results have been somewhat weaker than expected, the latest incoming information overall suggests that the broad-based expansion in the eur...Read More
BERLIN (Reuters) - Volkswagen (VOWG_p.DE) and an independent monitoring team still have “a lot of work to do” before he can certify changes required under a U.S. Justice Department settlement, Larry Thompson, an independent compliance auditor, told a conference in a video recording on Thursday.But Thompson, a former deputy U.S. attorney general, said VW was making good progress on impr...Read More
The company is scheduled to report earnings next weekUrogen Pharma Ltd (NASDAQ:URGN) is trading up 4.5% at $48.49, after Jefferies boosted its price target on the urology expert to $77 -- territory never before explored, and nearly 60% above current levels. URGN shares traded as high as $69.57 back in late May, and has struggled to regain the momentum it had early in the year. Of course, the secur...Read More
NEW YORK (Reuters) - The U.S. dollar pulled out of its post-election slump, rising modestly on Thursday morning ahead of a Federal Reserve policy meeting at which it is widely expected to hold interest rates steady.Against a basket of six rival currencies, the dollar index was up 0.15 percent from late Wednesday .DXY. The index had fallen in the wake of the U.S. midterm elections, which split powe...Read More
Gold has lost support from the safety bid with stocks in rally mode.However, it's benefiting from rising demand among currency holders.The net result of this will likely be a sideways move in November.Gold investors were evidently feeling ambivalent in the wake of the U.S. midterm elections. While the stock prices soared on Wednesday, gold prices were essentially unchanged. As we'll discuss in...Read More
BRUSSELS (Reuters) - The European Union wants Britain to stick to the bloc’s rules on state aid, environment and workers’ rights after Brexit to prevent it from gaining unfair access to the single market, diplomatic sources and officials told Reuters.The EU sees this as key to ensuring a “level playing field” should the so-called Irish border backstop kick in after Brexit,...Read More
BRUSSELS (Reuters) - Italy and the Isle of Man found themselves in the European Commission’s crosshairs on Thursday as the EU executive took steps to force them to scrap illegal tax breaks for yachts and private jets or face court action.The EU executive said incorrect value added taxes levied by Italy and the Isle of Man breached common tax rules and distorted competition.The Commission sai...Read More
(Kitco News) - Merger-and-acquisition activityin the mining sector is likely to pick up in the next year, said theconsultancy EY in a report Thursday.The firm’s 19th Capital ConfidenceBarometer shows that 58% of global mining executives say they intend to pursuemergers and acquisitions in the next 12 months, compared with 46% across allsectors.Third-quarter deal value rose 25%from the prior...Read More
(Kitco News) - Merger-and-acquisition activity in the mining sector is likely to pick up in the next year, said the consultancy EY in a report Thursday. The firm’s 19th Capital Confidence Barometer shows that 58% of global mining executives say they intend to pursue mergers and acquisitions in the next 12 months, compared with 46% across all sectors. Third-quarter deal value rose 25% from th...Read More
(Reuters) - U.S. President Donald Trump’s decision on Wednesday to oust Attorney General Jeff Sessions and replace him with a noted critic of Special Counsel Robert Mueller raised immediate fears among Democrats about the future of Mueller’s investigation of Russian interference in the 2016 election.Trump appointed Matthew Whitaker, formerly Sessions’ chief of staff, as acting at...Read More