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The Simple Reason Why the Global War on Cash Will Continue

India’s cash ban continues to create problems… Here are a few of the headlines regarding this issue: *In Its Third Month, India's Cash Shortage Begins to Bite *(NY Times) *Cash-ban..
Zero Hedge

Sharia Standard May See Gold Surge

*Sharia Standard May See Gold Surge In Value* "The introduction of a Sharia standard for gold will not only be good for investors but also for gold producing countries and even individual mining..
Zero Hedge

Videos for Bloomberg

News video: Yahoo, Verizon Delay Merger Close

Yahoo, Verizon Delay Merger Close 05:03

Jan.24 -- Yahoo said the sale of its main web operations to Verizon has been delayed until next quarter to meet closing conditions while the company recovers from the disclosure of massive hacks to..
Source: Bloomberg Global Business -

News video: Sen. Lee: Honored to Be Considered for High Court

Sen. Lee: Honored to Be Considered for High Court 03:50

Jan.24 -- Senator Mike Lee (R) Utah discusses his Global Trade Accountability bill, and his interest in becoming a Supreme Court nominee. He speaks on "Bloomberg Technology."
Source: Bloomberg Technology -

News video: Digging Into Alibaba's Earnings and Performance

Digging Into Alibaba's Earnings and Performance 04:58

Jan.24 -- Bloomberg's Selina Wang and Bloomberg Gadfly Columnist Tim Culpan discuss Alibaba's earnings and Jack Ma's plans for the company. He speaks on "Bloomberg Technology." Culpan's opinions are..
Source: Bloomberg Technology -

News video: Samsung Profit Jumps, Plans $8 Billion Share Buyback

Samsung Profit Jumps, Plans $8 Billion Share Buyback 02:46

Jan.24 -- Samsung’s profit more than doubled in the last three months of 2016 on robust semiconductor sales and a recovery in its mobile business, giving it enough stamina to buy back 9.3 trillion..
Source: Bloomberg Technology -

News video: Why Theresa May Should Not Rush Brexit

Why Theresa May Should Not Rush Brexit 06:48

Jan.24 -- U.K. Prime Minister Theresa May seeks to file a bill to quicken the country's exit from the European Union. Allianz Chief Economic Adviser Mohamed El-Erian explains why it may not be wise for..
Source: Bloomberg Global Business -


Mark Zuckerberg shoots down speculation about presidential run

mark zuckerberg shoots down speculation about presidential run
There’s been speculation for weeks that Facebook CEO Mark Zuckerberg is been preparing for a political run, perhaps even with eyes on the presidency in 2020. But today Zuckerberg said that isn’t..
The Verge

Near Broke Company Tells Investors To Stop Buying Its Soaring Stock

near broke company tells investors to stop buying its soaring stock
An obscure Danish penny stock company called Victoria Properties has a lot of investors, and its own management team, dumbfounded after it *surged nearly 1,000% in just a matter of days and for no..
Zero Hedge

They have to understand that some of us have decided to make this a full-time career.

Uber driver Walter Howard, as quoted by Bloomberg

Why The Keystone Pipeline Will Actually RAISE Gas Prices In the U.S.

Bloomberg notes: Completion of the entire [Keystone] pipeline would *raise prices at the pump in the Midwest and Rocky Mountains 10 to 20 cents a gallon*, Verleger, the Colorado consultant,..
Zero Hedge

The Hartford Named To 2017 Bloomberg Financial Services Gender-Equality Index

the hartford named to 2017 bloomberg financial services gender-equality index
HARTFORD, Conn.--(BUSINESS WIRE)--$HIG #diversity--The Hartford has been named to the 2017 Bloomberg Financial Services Gender-Equality Index in recognition of its strong commitment to gender equality.
Business Wire

You're Buying, They're Selling: Big Bank Execs Dump $100 Million In Stock As Market Soared

you're buying, they're selling: big bank execs dump $100 million in stock as market soared
Shortly after the melt-up in US bank stocks began following Trump's election victory, we noted heavy insider-selling (and options expiration) among Goldman Sachs executives. Well the selling never..
Zero Hedge

Bloomberg: Saudi Aramco asks banks for IPO pitch


Denver-based Janus Capital profit falls 34 percent as investors withdraw cash  

By John Gittelsohn and Miles Weiss, Bloomberg News Janus Capital Group, the fund company merging with Henderson Group, said fourth-quarter profit fell 34 percent as investors pulled cash amid..
Denver Post

Saudis Warn Computer Virus That Hit Aramco In 2012 Has Returned

Saudi Arabia has issued a warning to local organizations that the Shamoon virus that had hit state-held oil giant Saudi Aramco in 2012 has resurfaced in a new variant, Reuters reports, quoting an alert..

HIGHCO : Q4 2016 Gross Profit

Paris, 24 January 2017 (6pm) *HIGHCO SHOWS REMARKABLE GROWTH IN 2016: GROSS PROFIT UP 11.8% LFL* *Very strong growth in 2016* · Q4 2016 gross profit ^1 of €20.66 M, up 6.2% on a restated..

Federal judge blocks Aetna's acquisition of Humana

A federal judge has blocked Aetna Inc.'s proposed $37 billion acquisition of Humana Inc. Bloomberg reports that U.S. District Judge John D. Bates ruled that the deal would violate antitrust laws by..

Emirates Finally Hits Turbulence

Deep in a lengthy Bloomberg Businessweek article on Emirates Airline was a quote that spoke volumes about the airline's strategy and confirmed the case that the U.S. carriers have been making for more..
Huffington Post

While President Donald Trump's inauguration speech may have boosted morale among those who voted for him and provided his opponents with reasons to condemn him, it lacked sufficient details regarding crucial fiscal and trade policies to reignite the bulli

Piotr Matys, an emerging-market currency strategist at Rabobank, as quoted by Bloomberg

Miners Shun Top Class Gold Assets In Egypt

I wrote in November about Egypt’s first gold licensing round in seven years. Noting that the geological potential is very strong in this under-explored part of the Arabian-Nubian shield. But news..

Trump Angers Buffett – To Sign Executive Orders On Keystone, Dakota Pipelines

It is just day two of his presidency, and already Trump is taking a sledgehammer to the Obama legacy: in his latest move reported moments ago by Bloomberg, president Trump intends to sign two executive..
OilPrice.com Also reported by •Zero Hedge

Trump 'to clear' Keystone XL, Dakota Access pipelines

Two controversial projects that were rejected by Obama will go ahead with Trump's approval, Bloomberg media reports.
Al Jazeera

Aramco On The Hunt For IPO Advisers

Saudi Aramco has sent requests for proposals to several investment banks that could become advisers in its initial public offering, scheduled for 2018, sources close to the development told Bloomberg...

North Sea Oil Producers Cash In On Asian Demand, OPEC Deal

Crude oil from the North Sea is flowing to Asia at record rates, set to reach 12 million barrels this month, Bloomberg reports, citing shipping data. Tankers carrying 9 million barrels are already on..

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