News 

Maersk to list drilling unit as profit disappoints

“A.P. Moeller-Maersk A/S (MAERSK-B.KO) on Thursday announced the long-awaited demerger and listing of its Maersk Drilling unit, as it posted fourth-quarter profit that missed expectations” writes Dominic Chopping for marketwatch.com. Maersk said it plans to list its drilling operation on Nasdaq Copenhagen on April 4, with shareholders receiving one share in the demerged company for each DKK500 share held, and two shares in the new company for each DKK1,000 share held. Source: marketwatch.com

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Gold News Reviews 

Gold Daily Review February 21, 2019

Gold Daily Review for February 21, 2019 Trading Outlook for S&P 500, DAX, Crude Oil, Gold & More Big level coming up for the S&P 500 and gold, DAX already at one; how much further can crude oil extend its rally?   Gold Price Analysis: Crucial Resistance in Focus as Investors Eye FOMC Minutes Gold Price Analysis: Crucial Resistance in Focus as Investors Eye FOMC Minutes   Gold: Persistent uptrend may reflect underlying weakness in USD – AmpGFX Greg Gibbs, analyst at Amplifying Global FX Capital, suggests that gold has…

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Markets News 

Samsung and Apple are losing ground to Huawei because their phones are too expensive

“Competitors Samsung and Apple still rank first and second in terms of market share, covering approximately 17 and 16 percent of the industry, respectively” writes Ryan Browne for cnbc.com. However, both lost market share in the fourth quarter year-over-year, according to the figures.Samsung and Apple are increasingly losing their share of the smartphone market to China’s Huawei, according to new research, with consumers put off by the high price tags attached to their premium models.”Apple has really been losing ground on a couple of things, especially when it comes to…

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News 

In a statement, the Jammu and Kashmir state government said it “felt that providing security to these separatist leaders is a wastage of scarce state resources which could be better utilized elsewhere”.

“The separatist leaders had been allocated security personnel to protect them from militants after they entered talks with the federal government” reports huffingtonpost.com. NEW DELHI— Jammu and Kashmir state withdrew the security details for 18 separatist leaders and 155 other opposition figures on Wednesday after an Islamist suicide bomber killed 40 paramilitary troopers in Pulwama last week.In a statement, the Jammu and Kashmir state government said it “felt that providing security to these separatist leaders is a wastage of scarce state resources which could be better utilized elsewhere”.Besides the separatist…

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News 

Pulwama Fallout: Security Cover For Kashmir Separatists, Opposition Leaders Withdrawn

“The separatist leaders had been allocated security personnel to protect them from militants after they entered talks with the federal government” reports huffingtonpost.com. NEW DELHI— Jammu and Kashmir state withdrew the security details for 18 separatist leaders and 155 other opposition figures on Wednesday after an Islamist suicide bomber killed 40 paramilitary troopers in Pulwama last week.In a statement, the Jammu and Kashmir state government said it “felt that providing security to these separatist leaders is a wastage of scarce state resources which could be better utilized elsewhere”.Besides the separatist…

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News 

CryptoSolarTech to Initiate ICO Refunds Worth $68 Million

“The mining firm was aimed to set up cryptocurrency mining facilities in Southern Spain” writes Arnab Shome for financemagnates.com. Last October, the company partnered with Chinese energy company Risen Energy to develop 300 megawatts (MW) of photovoltaic power capacity.Despite struggling to get a building permit, the solar-based mining company was active to expand its business.The Spain-based company also joined hands with Bitcoin mining manufacturer Bitfury last month to jointly start mining facilities in Paraguay.The Spanish crypto mining startup has decided to return $68 million raised during its initial coin offering…

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News 

Breaking: TradeTech Reports $2T B2B Trading Volumes for 2018

“Focusing on the performance of the financial division, TradeTech, the firm announced that it transacted a record amount of B2B trading volumes” writes Victor Golovtchenko for financemagnates.com. The solid performance of the company’s B2B unit, which includes CFH Group and TradeTech Alpha, continued last year.In a year that was difficult for the retail trading industry, TradeTech Group relied on organic growth in its B2B segment.The company is reporting that a total $2 trillion of trading volumes were transacted through for institutional clients.In contrast to volumes, however, revenues only increased by…

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