Business News - The Last 24 Hours

Bitcoin bubble?
BBC - 47 min 39 sec ago
The digital currency Bitcoin is going through the roof - but what is it, and why has it shot up in price?
RELATED:
Reuters - Bitcoin futures steal spotlight, momentum keeps pushing stocks up - 1 hour 39 min ago
CNBC - Trader who called bitcoin rally says cryptocurrency will surge above $100,000 in 2018 - 3 hours 50 min ago
CNN - Futures trading arrives for bitcoin - 10 hours 42 min ago
BBC - Bitcoin futures trading begins on Cboe exchange in Chicago - 11 hours 29 min ago
COMMENTARY:
Zero Hedge - Bitcoin Futures Race: Will Bitcoin Cash Lure the Crowd? - 1 hour 23 min ago
Fox Business - Asian investors embrace bitcoin, but regulators are wary - 1 hour 49 min ago
The Guardian - Bitcoin price surges as futures trading begins – business live - 3 hours 37 min ago
SCMP - Bitcoin futures top US$18,000 on debut on CBOE as price surges trigger series of trading halts - 5 hours 8 min ago
NY Post - Bitcoin surges after launch of futures exchange - 8 hours 6 min ago
Washington Post - Bitcoin Options Are What We Need to Tame This Beast: Gadfly - 9 hours 54 min ago
TechCrunch - Bitcoin futures are now tradable on the CBOE - 11 hours 12 min ago
BusinessInsider - Betting against bitcoin is about to get a lot more expensive - 14 hours 17 min ago
24/7 Wall St. - CBOE Bitcoin Futures Exchange Opens for Trading - 21 hours 47 min ago
VIDEO:
CNBC Video - Bitcoin surrounded by regulatory uncertainty: Analyst - 2 hours 8 min ago



Uber appeal case against London license loss planned for April or June next year
Reuters - 53 min 23 sec ago
LONDON (Reuters) - Uber's [UBER.UL] appeal against the loss of its London license should begin on Apr. 30 for five days but might be delayed until June, a British judge said on Monday at a preliminary hearing.
RELATED:
Reuters - Uber heads to court in fight for London survival - 11 hours 22 min ago
COMMENTARY:
Washington Post - Uber Deal Is Cold Comfort for Singapore’s Fading Taxis: Gadfly - 4 hours 54 min ago
VIDEO:
CNBC Video - Uber facing regulatory battles across Europe - 2 hours 42 min ago



Expectations low for World Trade Organization meeting
Deutsche Welle - 1 hour 12 min ago
Representatives of the 164 WTO member countries are in Buenos Aires for their biennial meeting. The odds of a breakthrough look grim against the backdrop of Donald Trump's 'America First' policy and discord over China.



WTO ministerial begins with moderate hope of outcome
Indiatimes - 1 hour 25 min ago
The outcome is likely to be on issues concerning domestic support, export restrictions and cotton, while a few others including export competition, sanitary and phytosanitary.
RELATED:
Indiatimes - India rejects move to include non-trade issues in WTO - 5 hours 55 min ago



NASA's Kepler probe uses Google AI for latest discovery
Indiatimes - 1 hour 25 min ago
Washington, Dec 11 (IANS) NASA has said its planet-hunting Kepler space telescope made its latest discovery using machine learning from Google.
RELATED:
Indiatimes - Google Doodle honours German physicist Max Born - 3 hours 25 min ago
COMMENTARY:
BusinessInsider - The GOP tax bill could add billions to Amazon, Facebook and Google’s bottom lines - 20 hours 14 min ago



Toshiba's turbine shipment reaches 2,00,000 MW milestone
Indiatimes - 1 hour 25 min ago
In 2009, Toshiba integrated the thermal power engineering functions of Toshiba India into Toshiba JSW Turbine and Generator Pvt Ltd.
COMMENTARY:
The Japan Times - Former Toshiba President Atsutoshi Nishida, who played key role in Dynabook notebook computer, dies at age 73 - 19 hours 54 min ago



Bitcoin futures; Central banks; Typhoon sale
CNN - 1 hour 30 min ago
1. Bitcoin evolution: Bitcoin futures are live.



Currency expert says there's one fundamental reason behind bitcoin's runaway rally
CNBC - 1 hour 41 min ago
Bitcoin's meteoric price rise has left investors scrambling to understand the fundamental reason for the digital currency's runaway rally.
COMMENTARY:
Washington Post - Bitcoin futures rise as virtual currency hits major exchange - 6 hours 54 min ago
The Guardian - Traders brace for bitcoin futures launch after wild week for currency - 20 hours 4 min ago
VIDEO:
CNBC Video - Bitcoin: 'Calling it a currency is a misnomer' - 13 hours 7 min ago



HSBC announces end to suspended sentence for Mexican cartel case
CNBC - 2 hours 10 min ago
Europe's biggest bank marked an end to the threat of further punishment for lapses in anti-money laundering controls.



GOP’s Taxing Question: Will Middle-Class Folks Notice Their Cut?
Bloomberg - 2 hours 25 min ago
A funny thing happened when Congress approved a tax cut for the middle class eight years ago: Most Americans didn’t notice.
RELATED:
China Daily - US tax overhaul's lure could be deceptive - 9 hours 24 min ago
Bloomberg - Trump to Make Tax Speech Wednesday - 9 hours 46 min ago
Indiatimes - Mega bitcoin gains come with megabyte tax - 14 hours 55 min ago
COMMENTARY:
Fox Business - Small investors face steeper tax bill under Senate proposal - 50 min 5 sec ago
The Japan Times - Ruling bloc tax chiefs agree reforms that will raise income taxes for employees earning over ¥8.5 million each year - 54 min 42 sec ago
SCMP - Trump’s folly to cut corporate tax will change nothing - 1 hour 57 min ago
Washington Post - ‘Very, very scary’: 8.8 million Americans face big tax hike if Republicans scrap the medical deduction - 12 hours 54 min ago
BusinessInsider - Conservative economists rail against the GOP tax plan - 15 hours 25 min ago
LA Times - As California burns, Congress plans to slash tax write-offs for fires and other disasters - 19 hours 25 min ago
VIDEO:
CNBC Video - Markets optimistic about US tax plan, Brexit risk disappearing: Pro - 3 hours 4 min ago



Waiting for answers on corruption allegations from 'Maun sahab': Rahul Gandhi to Modi
Indiatimes - 2 hours 55 min ago
Congress vice president Rahul Gandhi slammed Modi for not appointing a Lokpal and maintaining silence over charges of corruption BJP chief.



Brexit Bulletin: Truce Frays
Bloomberg - 3 hours 49 min ago
Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter.
RELATED:
Indiatimes - 'New sense of optimism' in Brexit talks: PM May - 7 hours 55 min ago
Bloomberg - Blanchflower Says EU, UK Deal Should Lead to Soft Brexit - 10 hours 35 min ago
New York Times - Ahead of Brexit, Paris Tries a Business Makeover - 15 hours 52 min ago
COMMENTARY:
Naked Capitalism - David Davis Points Out Brexit “Breakthrough” Isn’t Binding as Draft European Council Statement Tightens the Screws - 1 hour 12 min ago
Fox Business - UK leader says there's new optimism in Brexit talks - 1 hour 30 min ago
The Japan Times - May set to hail ‘new sense of optimism’ in Brexit talks after deal clears rough patch - 8 hours 54 min ago
The Guardian - UK business investment on ice until more Brexit progress, warns BCC - 11 hours 23 min ago
VIDEO:
CNBC Video - The British pound could be a medium-term play - 10 hours 39 min ago



Ford's November China vehicle sales drop 8 percent year-on-year
Reuters - 4 hours 27 min ago
(Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.
RELATED:
China Daily - Ford, Changan agree to extend localization efforts - 9 hours 24 min ago



Retail inflation in November likely exceeded RBI's 4 pc target: Poll
Indiatimes - 5 hours 24 min ago
The higher inflation rate is unlikely to push the Reserve Bank of India (RBI) to change its key rate any time soon, economists in the poll said.
VIDEO:
CNBC Video - This strategist does not see inflation warning signs in the US - 12 hours 1 min ago



Global recall of Lactalis baby milk over salmonella fears
BBC - 6 hours 50 min ago
Britain and China are among the countries affected by the recall of baby milk formula products.
COMMENTARY:
The Japan Times - France orders global recall of Lactalis baby formula amid salmonella scare - 11 hours 54 min ago



Bitcoin futures make firm debut, dollar holds gains ahead of Fed
Reuters - 8 hours 55 min ago
SYDNEY (Reuters) - Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday's Asian session on expectations the Federal Reserve will stick to its tightening path.
RELATED:
New York Times - A Fed Rate Increase Is Expected. But What Comes Next? - 12 hours 52 min ago
BBC - A political Fed - 14 hours 54 min ago
COMMENTARY:
BusinessInsider - The Fed's massive balance sheet is actually shrinking - 23 hours 10 min ago
VIDEO:
CNBC Video - What to expect from this week's Fed meeting - 11 hours 17 min ago



One of the world's largest shipbuilders names a new CEO days after dire warning on losses
CNBC - 9 hours 8 min ago
Samsung Heavy Industries named Joonou Nam as its new CEO after Park Dae-young resigned for the firm's losses.
COMMENTARY:
Fox Business - Should Potbelly's New CEO Take the Company Private? - 11 hours 53 min ago



The Week Ahead: Expect Fed to Raise Interest Rate and F.C.C. to Repeal Net Neutrality
New York Times - 9 hours 24 min ago
Janet Yellen will most likely oversee her final major policy decision in charge of the Federal Reserve the same day that lawmakers discuss the tax overhaul plan.
COMMENTARY:
SCMP - Tightening is coming – Wall Street tells investors to brace for steepest rate rises since 2006 - 1 hour 47 min ago



Bayer lauds China's impact on clinical development, research
China Daily - 9 hours 24 min ago
Dieter Weinand, president of Bayer AG's pharmaceuticals division and a member of the company's management board, speaks at the Annual Pharmaceuticals Media Day in Berlin on Dec 1. [Photo/VCG] China's emphasis on innovation in recent years has led to more opportunities for global clinical develo ...
RELATED:
China Daily - China's 'orderly deceleration' thrills asset managers - 9 hours 24 min ago
COMMENTARY:
SCMP - China should come clean on local government debt, International Monetary Fund report says - 1 hour 40 min ago



Morgan Stanley bullish on China growth, eyeing business expansion
China Daily - 9 hours 25 min ago
GUANGZHOU - Morgan Stanley's China CEO Wei Sun Christianson said that the investment bank continues to be bullish on China's growth and will seek business expansion in the country after authorities promised to widen foreign access to the financial sector. "We are not worried about China's growth bec ...



GE to cut 12,000 power jobs globally
China Daily - 9 hours 25 min ago
NEW YORK — General Electric said Thursday it plans to reduce its global headcount by approximately 12,000 jobs at its global power business as part of the industrial conglomerate's efforts to reduce overall structural cost. The company aims to reduce $1 billion in structural cost reduction in 2018 ...



Take a look at some of the macro mess-ups that drove companies to bankruptcy
Indiatimes - 14 hours 25 min ago
In many cases, the businesses caved in due to lax government response, policy perversions, harsh judicial interventions or even wrong incentives.



Volkswagen Chief Suggests Ending Subsidies for Diesel Cars
New York Times - 15 hours 6 min ago
In a major turnaround, Matthias Müller said that Germany should consider phasing out tax breaks that have encouraged diesel’s popularity in Europe.



The 2017 Toyota C-HR XLE is surprisingly fun to drive for a crossover
CNBC - 17 hours 25 min ago
CNBC reviews the 2017 Toyota C-HR XLE SUV.



North Korea made progress on missile but getting paranoid: Nikki Haley
Indiatimes - 17 hours 55 min ago
Donald Trump last month declared North Korea a state sponsor of terrorism, a move that allows the Trump administration to impose additional sanctions.
COMMENTARY:
The Japan Times - U.S. wants world to isolate North Korea, so what’s that mean? - 6 hours 54 min ago



Mix-and-match health coverage can be a risky alternative to Obamacare
CNN - 18 hours 16 min ago
Health insurance à la carte?
COMMENTARY:
Fox Business - What Is the Obamacare "Death Spiral" -- and Can It Be Stopped? - 18 hours 7 min ago



Trump Wants Washington Post Reporter Fired Over Misleading Tweet
New York Times - 19 hours 11 min ago
The president said the reporter, Dave Weigel, should be fired for a photo he posted on Twitter of a sparsely filled arena before a rally for the president in Florida.
COMMENTARY:
LA Times - Trump rails against news media in tweets: 'A stain on America!' - 12 hours 46 min ago



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