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(Bloomberg) -- It will be a long Sunday night for currency traders at Barclays Plc.The bank will have traders and salespeople at their desks in London and New York, starting at about 7 p.m. British time, as the global foreign-exchange market begins trading in New Zealand, according to a Barclays spokeswoman.On Saturday, Oct. 20, Prime Minister Boris Johnson will either win or lose a vote in the House of Commons on the Brexit deal he reached with the European Union -- and most likely, as a result of that vote, the pound will be on the move at the earliest possible moment, just as it was in the wild night of trading that followed referendum day in 2016.Barclays traders aren’t alone in girding for a frenetic burst of activity as the Brexit deadline looms. The Bank of England’s foreign exchange desk will be manned on Sunday night to watch for signs...
The world's first Ebola vaccine was recommended for approval by European drugs regulators on Friday in a move hailed by the World Health Organization (WHO) as a "triumph for public health" that would save many lives. The vaccine, developed by U.S. drugmaker Merck & Co, is already being used under emergency guidelines to try to protect people against the spread of a deadly Ebola outbreak in Democratic Republic of Congo. It protects against the Zaire strain of the Ebola virus - the one that most commonly causes outbreaks....
Hackers have been distributing a compromised version of the official Tor Browser that's packed with malware designed to steal bitcoin....
Asian nations face heightening risks to their economic outlooks as the U.S.-China trade war and slumping Chinese demand hurt the world's fastest-growing region, the International Monetary Fund said on Friday. In its World Economic Outlook report on Tuesday, the IMF cut its economic growth forecast for the Asia-Pacific region to 5.0% for this year and 5.1% for 2020 - the slowest pace of expansion since the global financial crisis more than a decade ago. "Headwinds from global policy uncertainty and growth deceleration in major trading partners are taking a toll on manufacturing, investment, trade, and growth," Changyong Rhee, director of the IMF's Asia and Pacific department, said during a news conference at the IMF and World Bank fall meetings....
As financial exploitation of older people explodes, AARP launches training to teach bank staff how to spot someone ripping off the elderly....
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made......
Prior to the vaping crisis, publicly traded cannabis companies like Canopy Growth (NYSE:CGC) were already under fire. Due to a series of disappointing earnings performances from the industry as a whole, the sector printed much red ink. Unfortunately, CCG stock was no different, with shares declining precipitously since May of this year.Source: Jarretera / Shutterstock.com But with the inclusion of reportedly vaping-related lung illnesses, the case for CGC weakens considerably. For example, in the one-month period between mid-September and mid-October, shares dropped nearly 28%. Coincidentally, this was the time when the vaping illnesses transitioned from isolated incidents to a nationwide epidemic.And on paper, the situation today appears almost comically bearish for Canopy Growth stock. According to The New York Times' ominous "vaping illness tracker," we have 1,299 cases and 31 deaths. Two recent fatalities in Minnesota drove up the tragic tally.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThus, under...
