The United States and China are making progress in negotiations to end their ongoing trade war, but the world’s two largest economies won’t sign a new bilateral agreement just yet, US President Donald Trump said on Thursday. Trump Oval Office Negotiations Won’t Bring Trade Deal Writing on Twitter, Trump said that while he plans to meet with “China’s top trade negotiators” today in the Oval Office, he has no intentions of striking a formal trade deal until he meets face-to-face with Chinese President Xi Jinping. China’s top trade negotiators are in the U.S. meeting with our representatives. Meetings are
By CCN.com: U.S. Commerce Secretary Wilbur Ross quelled expectations of an imminent free-trade agreement with China Thursday after he said Washington and Beijing remain “miles and miles” apart on a new deal. No Deal Yet In an interview with CNBC’s Squawk Box, Ross indicated that the United States and China are nowhere near finalizing a
The post Breaking: No Trade Deal Anytime Soon! Wilbur Ross Throws Cold Water on U.S.-China Negotiations appeared first on CCN
By CCN.com: On January 23, the Trump administration reportedly rejected the offer from China to send two vice-ministers to the US to continue the trade talks. The Dow Jones, which has been on a decline since January 18, may face a major trend reversal. Following a steep decline from 25,826 points to 21,792 points in
The post Trump Faces Speedbump in China Trade Deal: Will This End the Dow Jones Recovery? appeared first on CCN
U.S. stocks pared losses Monday morning after President Donald Trump predicted the United States would soon reach a comprehensive trade deal with China. Stocks Bounce Off Lows The Dow Jones Industrial Average fell by as much as 230 points Monday morning, an extension of a volatile pre-market session for Dow futures. At the time of
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G FUEL, the self-styled official drink of esports, announced this weekend that it is now an official sponsor of Swedish YouTuber PewDiePie — who currently has around 80.7 million subscribers on his channel. ‼️ANNOUNCEMENT ALERTTT‼️ Please join us in formally welcoming the newest addition to the #GFUEL Family…@pewdiepie!!!!! It’s time for some #MEMEFUEL!!! Oh, and before we […]
Pharmaceutical giant Eli Lilly and Co will buy pioneering cancer treatment development company Loxo Oncology Inc for approximately $ 8 billion. The deal is one of a number of early major healthcare and pharma mergers and acquisitions this year. Lilly announced the deal today which will see the $ 120 billion-dollar company purchase around 68% of Loxo’s
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The trade war between the United States and China has placed immense pressure on the stock market of both countries since mid-2018. With a new trade agreement in the works, China-U.S. relations are expected to improve in the months to come. U.S. President Donald Trump said on December 29 that a comprehensive trade deal is
The post US-China Trade Deal Moving Well, Could Stock Market Rebound in 2019? appeared first on CCN
The litecoin logo is to take prime place in the Octagon at an Ultimate Fighting Championship event this Saturday.
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In the absence of a comprehensive regulatory framework for cryptocurrencies in Russia, lawyers have taken matters into their own hands. A new advisory body of legal experts will look into cases where the current legislation does not reflect the specifics of the growing digital economy and propose solutions.
Legal Commission to Solve Problems Stemming From the Lack of Proper Rules
During a round table discussion on these issues, the Russian Lawyers Association and an educational organization called Blockchain Lawyers have agreed to establish a specialized commission that will address the legal challenges in the crypto industry. It will also work with companies in other related sectors such as blockchain development, artificial intelligence, quantum technologies and the internet of things.
Nike (NKE) has reportedly inked a 5-year sponsorship deal with the Chinese League of Legends Pro League (LPL) for $ 144 million. According to a recent unconfirmed report by Chinese media outlet Lan Xiong Sports, the sponsorship will bring Nike apparel and other accessories to the LPL, similar to what is commonly found in traditional sports leagues. The […]
Bitstamp, one of the oldest and largest bitcoin exchanges, has been acquired by Belgian investment firm NXMH. Fortune reports that the Brussels-based NXMH purchased an 80 percent ownership stake in the Luxembourg-based cryptocurrency exchange, which launched in 2011, shortly after the first “bitcoin bubble” drove the bitcoin price up as high as $ 31 and then
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Gary Davis, an Irishman who was extradited to the United States in July to face charges for his suspected involvement in the operations of Silk Road, has reportedly begun discusssing a plea bargain with prosecutors. Davis, who was known as ‘Libertas’ on Silk Road, has pled guilty to conspiring to distribute narcotics – a charge resulting from roles as a Silk Road administrator.
In the current state of things, there are over 100 stablecoins in existence. If we look back to this time last month there was around half of that month according to a recent analysis by Edan Yago, an entrepreneur on the blockchain.
Backed by traditional stable assets such as gold or the USD, stablecoins are quick to emerge as a useful alternative for volatile digital currencies offering all the benefits of virtual currencies while providing the stability required for use as an everyday currency. These unique attributes have ended up with a big interest within the sector for new projects emerging on a weekly basis.
A blockchain startup is going to be an official sponsor for a professional golf tournament in the United Kingdom. LIFElabs, a philanthropy-based crypto company, has entered into a sponsorship deal with the Sky Sports British Masters tournament, which is scheduled to begin next week. The partnership would mark LIFElabs as the first digital currency firm
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Jim Iuorio, a veteran futures and options trader who commonly contributes to CNBC’s Futures Now, has recently stated that $ 6,000 is increasingly looking like a pivotal support level for Bitcoin (BTC) moving forward. While speaking with CNBC last Thursday on the floor of the Chicago Mercantile Exchange leading up to the recent close of the CBOE bitcoin […]
Popular National Basketball Association (NBA) team, Houston Rockets, recently entered into a sponsorship agreement with AntPool, one of the largest Bitcoin mining pools. The deal sees the Bitmain-owned AntPool sponsoring the Rockets for the upcoming 2018/2019 NBA season.
Houston Rockets…to the Moon?
The Rockets are always looking to stay ahead of the curve with technology both on and off the court, and AntPool’s prowess with cryptocurrency makes for a great partnership.
Decentralized cryptocurrency trading platform AirSwap has announced a new partnership designed to aid in the tokenization of one of the Western Hemisphere’s most expensive real estate markets. That partnership, inked with FINRA-registered broker-dealer Propellr, will see the two firms use AirSwap’s peer-to-peer trading protocol to create a platform that allows brokers and their clients to
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In July, Sweden’s XBT Provider introduced a Bitcoin exchange-traded note (ETN) to the US market. This week, the US Securities and Exchange Commission (SEC) suspended the ETN for 10 days. On September 10, the SEC released an official statement regarding its decision to suspend the Bitcoin Tracker One ETN for ten days, until Sep.t 20.
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Following a landmark deal with the NFL announced in August, live streaming platform SportsCastr has announced a parnership with the Women’s National Basketball Players Association (WNBPA) to power live, interactive video content for fans. WNBA Players Association Inks Deal with ICO Through a partnership with REP Worldwide, the WNBPA’s group licensing and player-marketing representation agency,
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