future

Bitcoin Futures Start, Markets Firm

Bitcoin Futures Start, Markets Firm

Maiden trading of bitcoins started on December 10. This resulted in a steep rise in the digital currency price. Heavy traffic caused an outage on the website of the exchange provider. The contract in bitcoins with a January expiry date opened at $15..

Bitcoins hits another all time high after CME plans for Bitcoin Futures

Bitcoins hits another all time high after CME plans for Bitcoin Futures

Bitcoin prices surged once again, hitting yet another record high after CME Group Inc. (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, announced its plan to launch bitcoin futures."Given increasing client intere..

More Finance Jobs May Be Created As a Result of Automation

More Finance Jobs May Be Created As a Result of Automation

There are serious concerns that automation will lead to millions losing their jobs. Countries and governments will have to implement procedures as well as contingency plans to deal with the outcome of automation. According to a recent report however..

BMW Joins Electric Car Startrup Faraday Future

BMW Joins Electric Car Startrup Faraday Future

Jia Yueting, Chinese Entrepreneur from Faraday Future, an electric car start-up, has hired BMW veteran Ulrich Kranz as chief technology officer, as it pushes to accelerate production of its FF91 luxury electric SUV despite its parent’s financi..

Elliott Management Considering $18.5 Billion Deal With Oncor

Elliott Management Considering $18.5 Billion Deal With Oncor

The largest creditor of the bankrupt parent of Oncor Electric Delivery Co, Elliott Management, said it was putting together an offer that values the utility at about $18.5 billion, including debt.On Friday, Warren Buffet’s Berkshire Hathaway (..

Berkshire Hathaway Bets Big on Power Infrastructure

Berkshire Hathaway Bets Big on Power Infrastructure

Warren Buffett's Berkshire Hathaway Inc (NYSE: BRK.B) announced Friday that it will pay $9 billion, all-cash offer, to pick up from bankruptcy and reorganize Energy Future Holdings Corp. the parent company of Oncor Electric Delivery Co. It is on..