Finance Well-known hedge fund supervisor Michael Novogratz has launched a cryptocurrency benchmark index in partnership with Bloomberg. The index, designed to trace the efficiency of the most important, most liquid cash, consists of 10 cryptocurrencies at its inception. Also learn: Yahoo! Japan Confirms Entrance Into the Crypto Space New Crypto Index Michael Novogratz. […]
From Matthew Graham at Mortgage News Daily: Mortgage Rates Back in Line With 2017 Lows Mortgage charges moved decrease at the moment on a mixture of things. Chief amongst these have been headlines over the weekend regarding extra North Korean weapons testing–particularly, a detonation of its largest bomb ever on Sunday adopted by studies from […]
Authored by Tsvetana Paraskova via OilPrice.com, The world’s prime oil importer, China, is getting ready to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, probably creating crucial Asian oil benchmark and permitting oil exporters to bypass U.S.-dollar denominated benchmarks by buying and selling in yuan, Nikkei Asian Review reports. […]
The ruling was a preliminary victory for Travis Kalanick, Uber’s former C.E.O., who has been sued by Benchmark, an investor within the ride-hailing firm. SOURCE: NYT > DealBook – Read whole story here.
The buyers, led by the enterprise capitalist Shervin Pishevar, demanded the change after Benchmark, a serious Uber shareholder, sued Travis Kalanick, the previous C.E.O. SOURCE: NYT > DealBook – Read whole story here.