July 12, 2016 BY Valentina Kirilova

Twitter expands its GIF size limit to 15MB for the web

Finally, you won't ever have to tweet unsatisfying GIFs that end too soon. The social network has upped its GIF size limit to 15MB, three times larger the 5MB limit that it used to be. This news could open up all kinds of new possibilities for situations when plain text just doesn't cut it. You’re…

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July 12, 2016 BY Valentina Kirilova

Deutsche Börse: Two new Amundi smart beta ETFs launched on Xetra

Deutsche Börse has announced today that two new equity index ETFs issued by Amundi have been tradable on Xetra and Börse Frankfurt since Tuesday. Here are the ETFs details: • Name: Amundi ETF MSCI Europe Quality Factor UCITS ETF Asset class: equity index ETF ISIN: FR0013140522 Total expense ratio: 0.23 percent Distribution policy: accumulating Benchmark:…

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July 12, 2016 BY Valentina Kirilova

BMW is planning to connect cars in the UK

BMW plans to connect cars with other IoT devices, such as an owner’s house and heating system. Currently, all new BMW cars are equipped with the SIM card-based Connected Drive technology which enables remote software updates and future connectivity to other smart devices. Andrew Furse, product manager at BMW UK commented: “All UK cars have a…

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July 12, 2016 BY Valentina Kirilova

Optus refunds overcharged customers $2.4 million after ASIC intervention

In response to ASIC's concerns about its compliance with Australian financial services laws, Optus Insurance Services Pty Ltd will refund approximately $2.4 million (including interest) to around 175,000 Optus mobile customers and will write to around 500,000 customers who may be affected. Optus has admitted it failed to provide some customers with a product disclosure…

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July 11, 2016 BY Valentina Kirilova

S&P 500 topped previous record high

The benchmark S&P 500 index set a new all-time high, passing like a race car by its previous peak in May 2016, as investors flocked to U.S. equities following an exceptionally strong jobs report last Friday. The S&P 500 was recently trading 10 points, or 0.5% higher at 2,139.70. The index was up 11 points…

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July 11, 2016 BY Valentina Kirilova

Thomson Reuters is selling IP & Science Business to Onex Corp and Baring Private Equity Asia

Thomson Reuters Corp. (TRI.TO) has confirmed the agreement to sell its intellectual property and science business to private equity firms Onex Corp. (OCX.TO) and Baring Private Equity Asia for $3.55 billion. In addition to its intellectual property and scientific information, the business provides associated tools and services to governments, universities and companies. For those of…

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July 11, 2016 BY Valentina Kirilova

Russia’s financial infrastructure assigned highest rating by BIS alongside UK, Germany, Hong Kong and more

According to the results of the monitoring of the formation of legislative framework for developed and emerging financial markets held in June 2016, the Bank for International Settlements (BIS) assigned the highest rating to the Russian financial market infrastructure (FMI). Russia’s FMI received the 4th level rating, which in fact happens to be the highest…

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July 11, 2016 BY Valentina Kirilova

Moscow Exchange announces Risk Parameters Change

Moscow Exchange has announced that NCC Clearing Bank is changing risk parameters for some particular instruments in Securities Market, as well as Derivatives and FX Markets, from July 15, 2016. Here’s what the changes will be: Securities market NCC Clearing Bank is changing risk parameters in Securities market for the following instruments starting from July…

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