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Cryptocurrency Market Bearish Sentiment Continuous

Cryptocurrency Market Bearish Sentiment Continuous

Bitcoin has lost value continuously for four sessions, sliding down as much as 20 percent, while questions rise about whether the largest cryptocurrency was manipulated during its immense price surge last year. It traded at a few cents initially in ..

Citigroup Warns of Possible Major Job Cuts Due to Automation

Citigroup Warns of Possible Major Job Cuts Due to Automation

Citigroup Inc (NYSE: C), has put forward the notion that it will attempt to shed up to 50% of its technology and operations staff within the next five years. This amounts to approximately 10,000 of its 20,000 staff in the field.Jamie Forese, preside..

Citigroup and Deutsche Bank face 'criminal cartel' charges

Citigroup and Deutsche Bank face 'criminal cartel' charges

Citigroup Inc (NYSE: C), Deutsche Bank AG (NYSE: DB) and the Australian bank, ANZ are currently facing criminal charges in Australia resulting in an investigation into their responsibility in the sale of shares in one of the country’s top bank..

Buffett Proposed $3 Billion Uber Investment but Deal Crumbled

Buffett Proposed $3 Billion Uber Investment but Deal Crumbled

Earlier this year, Warren Buffet, one of the most successful investors of all time, proposed a $3 billion investment in Uber Technologies Inc. However, due to the disagreements over the terms and sum of the deal, their negotiation fell apart. Buffet..

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank (NYSE:DB) shares slipped by 6.4 percent after it announced to cut more than 7,000 jobs to reduce expenses and return profitability back to reassure investors and clients.The bank released a statement regarding its Equities business rev..

Morgan Stanley Predicts Bull Market End

Morgan Stanley Predicts Bull Market End

It is Morgan Stanley (NYSE: MS) prediction that stocks may rally for one more time during summer 2018 prior to hitting an all-time high in the latter months. The company cited a number of positives which are fast degenerating into negatives. Inflati..

Tesla Shares Fall on Morgan Stanley’s Negative Report

Tesla Shares Fall on Morgan Stanley’s Negative Report

Tesla Inc. (NASDAQ: TSLA) shares fell on Tuesday after Morgan Stanley cut its target for the electric car company, citing concerns on the company’s profitability.According to CNBC, Morgan Stanley’s analyst Adam Jonas cut his price target..