Month: November 2019

Libra co-founder and chief economist of Calibra Wallet Christian Catalini has attempted to clear up misconceptions in relation to the planned digital coin in an interview with CNN’s Julia Chatterley. The release of the whitepaper on Facebook’s (NASDAQ:FB) proposed coin back in June prompted massive debate from politicians around the world, most of which vehemently
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BNY Mellon chose Marco Polo because the blockchain works well for open account financing, which makes up around 85 percent of trade finance, and works well for large corporates, Kim said. (In open account transactions, the goods are shipped and delivered before payment is due; with letter-of-credit financing, the bank guarantees a buyer’s payment ahead
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China’s hand in cementing a phase one trade deal with the U.S. keeps getting weaker even though many American media outlets keep reporting otherwise because they seem to like Chinese President Xi Jinping better than President Donald Trump, CNBC’s Jim Cramer said on Monday. Cramer said on “Squawk Box” the mainstream media wrongly thinks that
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A nascent initiative that has the potential to cause significant market confusion has recently been introduced in the world of municipal bond reference data. Under the seemingly positive banner of “open symbology,” alternative security identifiers are being promoted as a reference data panacea, able to deliver accuracy, flexibility and global scope at a lower cost
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A “Sold” sign is displayed outside a townhouse in the Queen Anne neighborhood of Seattle, Washington, March 10, 2019. Chona Kasinger | Bloomberg | Getty Images The supply of homes for sale is falling across the nation, as demand soars and attractive mortgage rates pull buyers off the sidelines. At the end of October, inventory
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Could the sun be setting on many commercial real estate jobs, as a result of technology disruption? Photo by Gary Hershorn/Getty Images Technology and automation have inexorably advanced over the last few decades. They have seemingly altered everything, say some observers, but commercial real estate. That is now rapidly changing. Dramatic tech disruption threatens the
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WeWork’s new executive chairman, Marcelo Claure, held an all-hands meeting with employees on Friday and outlined his plans to get the embattled office-sharing company back on track and working towards profitability. For over an hour, Claure spoke broadly about WeWork’s values as well as the company’s need to regain trust with both members and the public,
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