Currencies
Treasury committee launches cryptocurrency inquiry
The Treasury committee has launched an inquiry into cryptocurrencies and distributed ledgers such as blockchain amid continuing debate about the dangers and opportunities presented by the technologies.
US business activity grows more than expected in February - IHS Markit
Activity in the US manufacturing and services industries grew more than expected in February, according to preliminary data released on Wednesday.
Buy financial and energy shares and sell carmakers on rising euro, Morgan Stanley says
The euro is likely rise to against the dollar in 2018 and 2019, making European financial and energy shares attractive and carmakers a standout sector for selling, according to Morgan Stanley.
Maduro claims $735m raised by sale of new Venezuelan cryptocurrency
Venezuelan President Nicolas Maduro used his Twitter account on Tuesday to announce that the country has made $735m from the sale of its new cryptocurrency on the first day.
AI growth could be dangerous and threaten everyday life if misused by hackers
Breakthroughs in artificial intelligence technology could be used maliciously, boosting cybercrime by means of political threats, physical attacks and data corruption, according to researchers at Cambridge University.
EC fines vehicle shipping and supplies firms for cartel behaviour
The European Commission handed out a total of €546m in fines to car shipping and parts suppliers for anti-competitive behaviour in three separate decisions, with all companies acknowledging their involvement in the cartels and agreeing to settle the cases.
Pacific nations push ahead with TPP, final version of trade deal released
A deal to cut trade barriers in some of Asia-Pacific’s most advanced economies took a big step forward on Wednesday with the release of its final version.
Eurozone business growth slows more than expected in February
Business growth in the eurozone slowed more than expected this month, according to data released on Wednesday, although it remains firm overall.