Boeing Co. (NYSE:BA)’s shares declined today and dragged futures on the Dow Jones Industrial Average lower. Ethiopian Airlines flight ET302 crashed on Sunday en route from Addis Ababa to Nairobi killing 157 people. Given the cause of the crash is still unknown, and this is the second such incident involving Boeing's new 737 Max 8…
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Dash Financial Technologies today announced the appointment of Venu Palaparthi as its new Chief Compliance Office and Head of Regulatory Affairs. Mr. Palaparthi will be in charge of Dash’s corporate compliance strategy including the implementation of regulatory policies within the company and will lead efforts to comply with government rules and regulations. Mr. Palaparthi has…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) announced that following the initial success of its cooperation with Nayax Ltd, on 17 January 2019 the two companies had agreed to extend their acquiring contract up to 2024. The extension of the acquiring agreement was governed by the following terms: Nayax’s founding stockholders agreed…
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The Cyprus regulator (CySEC) announced that it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of the company GS Sharestocks Ltd. The Cyprus Investment Firm's authorisation is with Number 262/14 of GS Sharestocks Ltd. The regulator has made this announcement due to GS Sharestocks Ltd’s decision to expressly renounce it. The official announcement…
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The CEO of Saxo Capital Markets, Andrew Edwards recently made the following observations about the rules and limits on the marketing and sale of contracts for differences (CFDs) introduced by the European Securities and Markets Authority (ESMA) on 30th July 2018. CFDs are instruments used by traders to speculate on whether an asset with rise…
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The UK’s Financial Conduct Authority (FCA) released two research reports focused on analyzing consumer attitudes towards cryptocurrencies such as Ethereum and Bitcoin. The research teams asked UK consumers to participate in qualitative interviews as well as in a nationwide survey. The qualitative research revealed that consumers could be potentially harmed by crypto assets since many…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: Last week, the US ADP reached 183,000, but on Friday, the official US non-farm payrolls fell sharply, only 20,000. It cannot reflect the accuracy of data published by the US official. From the sub-item, the US officially announced that…
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Kakao Corporation is the parent company of the messaging app "KakaoTalk", based in South Korea. The parent company just recently managed to raise the staggering amount of $90 million for its new blockchain platform called "Klaytn". According to Bloomberg and Finance Magnates, the company is looking to raise more or less the same amount of…
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XTX Markets recently appointed Serge Harry as Chairman of the Board of XTX Markets SAS, while Geoffrey Damien was named as Managing Director, Head of France. XTX Markets SAS is the newly created French subsidiary of XTX Markets. Serge Harry has worked for over 30 years in the financial services industry and was a senior…
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The French retail giant, Carrefour, is launching a new program for allowing its customers to know where their milk is coming from. Of course, the new initiative is realized through blockchain. The technology has enabled a number of retail businesses to use blockchain to let their customers know about the origin and supply chain of…
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