New Rules Proposed by FCA for Aiding Saudi Aramco Listing on LSE 0

The Financial Conduct Authority (FCA) which is a UK based regulatory body has proposed a new set of rules this week. It will enable the sovereign state-owned companies like oil giant Saudi Aramco for getting listed on London Stock Exchange

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Westpac and ANZ Conduct Successful Blockchain Trail with IBM 0

Two reputed Australian Banks Westpac and ANZ have recently announced they have successfully concluded a pivotal trial in collaboration with technology firm IBM. In this trial, blockchain technology was used for digitalisation of bank guarantee process in real estate leasing

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Italy’s €5.4Bn Euro Taxpayer Funded Bailout Saves Major Bank 0

The European Commission (EC) has approved the Italian Government for saving yet another bank. An amount of €5.4 billion will be used as a bailout package for salvaging Banca Monte Dei Paschi di Siena SpA. However, it will be based

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CAD to Remain Bullish after Rate Hike Expectations 0

Recently Bank of Canada conducted a survey in which it was found that the business outlook reading for the 2nd quarter jumped to 31 from the earlier reading of 21. The poll shows that the business activity is increasing its

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Amazon Getting Ready for 30 Hour Prime Day Shopping Festival 0

The major e-commerce giant Amazon has recently announced that on July 10th 2017, it will be offering its mega online shopping festival “Prime Day”. In this customers can avail lots of lucrative deals while shopping online. This is going to

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Euro to Strengthen after Draghi’s Hint at Reducing Stimulus 0

Emmanuel Macron’s victory in the recently held elections and narrowed spread between German and French government bond put the Euro currency in a better position against the Australian Dollar. From a low 1.4800, currency cross has rallied to a high

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