IC Funded: Revolutionizing Prop Trading for Retail Traders
IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.
Aug 28, 2024 01:18 AM EDT
As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out
The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.
Stablecoins Emerge as a Lifeline in Argentina's Economic Crisis
The US House of Representatives is set to vote on overriding President Biden's veto of a measure to remove SEC rule SAB 121, impacting cryptocurrency firms.
Super Funds Urged to Future-Proof Amid Contingency Planning Shortfalls
APRA urges superannuation funds to improve financial contingency planning amid significant shortcomings.
Latest News
H&M to launch new brand Arket this year
Arket, which means 'sheet of paper' in Swedish, will cater to a modern-day market with products for men, women, children and the home.
Mar 31, 2017 10:00 PM EDT
Qatar Airways to offer loaner laptops in response to the US' electronics ban
Qatar also promises to provide a one hour free Wi-Fi access with a $5 charge to stay connected the whole flight. The loaner laptops, a workaround over the electronics ban, will only be available to the airlines' business class passengers.
Mar 31, 2017 07:17 AM EDT
Mexico's largest cement company Cemex won't build Trump's border wall
Cemex, one of the world's largest cement producers, has not participated in the first round of bids that is currently underway but said it is open to providing quotes to supply the raw materials for Trump's promised border wall.
Mar 31, 2017 10:03 PM EDT
Jeff Bezos becomes second richest in the world surpassing Warren Buffett, Amancio Ortega
Jeff Bezos added $1.5 billion to his fortune after Amazon rose to $18.32 on Wednesday following the announcement that it acquired Dubai-based online retailer Souq.com.
Mar 30, 2017 08:39 PM EDT
Topshop managing director leaves for The White Company in a string of resignations from Arcadia empire
An analyst notes that Mary Homer's departure will have an impact on Topshop saying that her fashion instincts were key players to the success of the brand.
Mar 31, 2017 09:52 PM EDT
Tesco to settle accounting error for £129 million plus £85 million damages to investors
Large supermarket group Tesco is set to pay £129 million in settlement for overstating the company's profits in 2014.
Mar 30, 2017 10:12 AM EDT
Wells Fargo to pay $110 million settlement over accounts scandal
US bank Wells Fargo has agreed to pay $110 million as settlement for the 11 class-action lawsuits brought by customers who had accounts opened without their permission.
Mar 30, 2017 10:39 AM EDT
UK officially leaves EU; forecasters warn of tough times ahead
While Theresa May told MPs that Brexit doubters should look forward with optimism, forecasters warn that divorce from the EU will be costly and that it could weigh heavily on UK's economic prospects in the next years.
Mar 30, 2017 11:57 AM EDT
Amazon acquires e-commerce platform Souq.com
Amazon executives did not disclose the value of the deal to which Goldman Sachs refer to as the "the biggest-ever technology M&A transaction in the Arab world."
Mar 29, 2017 10:40 AM EDT
Hedge fund exec linked to Madoff jumped to his death
Murphy, who worked at the Fairfield Greenwich, was at the top of his game, controlling the hedge fund when the firm invested billions with Madoff. Fairfield lost almost $50 million that led to investors filing a class action lawsuit.
Mar 29, 2017 11:08 AM EDT
Elon Musk launches brain electrode company Neuralink
The idea of Elon Musk in creating Neuralink is to improve memory or give humans added artificial intelligence. This could be achieved by developing neural lace technology that would implant tiny electrodes into the brain.
Mar 29, 2017 11:13 AM EDT
American Airlines to buy $200 million worth of shares in China Southern
The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.
Mar 28, 2017 11:51 AM EDT