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Asian Bike-Share Operators Desired To Be Regulated By Paris

Paris plans to introduce regulation to ensure an orderly rollout of new bicycle schemes and does not want Asian bike-sharing operators to burst into the city the way Airbnb and Uber did, ay media reports quoting top city officials. .   Chinese giants Ofo and Mobike, as well as Singapore...

Millions In Mexico Turn To Early Warning App After Massive Earthquakes

An app which is one of Mexico’s most downloaded apps, is an early warning start-up called SkyAlert has doubled its users to 5.8 million since two massive earthquakes hit the country in September, claiming more than 460 lives.   The co-founder and director Alvaro Velasco of the app SkyAlert...

China’s Third-Quarter GDP Growth Meets Expectations, Reports 6.8% Growth

China’s third-quarter growth data met market expectations as the country reported the data on Thursday.   On a day after Chinese President Xi Jinping made big promises for the country's economic future during a pivotal leadership meeting, the country's National Bureau of Statistics...

Mounting 'Backlash' Against Tech Seen By Top Startup Investors

Decrying the power that companies such as Facebook Inc had amassed and call for a redistribution of wealth, two of the technology industry’s top startup investors took to the stage at a conference on Wednesday.   Widespread discontent over income inequality had put wealthy technology...

Strategist Says That With Electric Vehicle Revolution, Oil Will Crash To $10 A Barrel

As alternative energy fuels continue to attract more and more investors and technologies for such energy develops and becomes cheaper, it is expected that oil prices will crash to just $10 per barrel over the next six to eight year, according to the belief of Chris Watling, the chief executive of...

Citizenship In One Of The World’s Happiest Countries Now Can Be Bought By Bitcoins

If one has some bitcoins in the digital wallet and desires to go to paradise – the digital coins can be easily used to buy a second passport.   In order to apply for so-called investment citizenship, outsiders will be allowed to use the volatile cryptocurrency at Vanuatu, a South...

IEA Says Hopes For A Higher Oil Price Could Be Crushed By These Three Factors

According to the latest monthly report from the International Energy Agency (IEA), the global outlook for oil markets in 2018 could put a dampener on hopes for higher prices.   The IEA said in its closely-watched report published on Thursday that sluggish growth in demand, rising non-OPEC...

Goldman's Global Equity Chief Says Investors Shouldn’t Worry Even Though He Sees Signs Of A Market Top

After seeing warning signals of a market peak, Goldman Sachs has sought to reassure investors.   In order to gauge when a market may have topped out, the investment bank has built a "Bear Market Risk Indicator".   While chief global equity strategist Peter Oppenheimer said on...

Oil Markets Could Be Rattled By President Trump's Big Decision On Iran Next Week

RBC Capital Markets is warning investors that there could be jump in the prices of oil if the White House decertifies the Iran deal.   Next Thursday, October 12 is the date that is being watched very closely by Helima Croft, the firm's global head of commodity strategy. A key speech on...

Automakers Cite Costs And Consumers And Say U.S. Fuel Economy Standards Unrealisticv

While stopping short of asking for a specific reduction in the requirements for 2025, troubled by the costs that would be onerous and the standards would not reflect how cheap gas prices are affecting consumer demand, automaker trade groups told U.S. regulators they should revise fuel efficiency...

Despite Citing Geopolitical Risks, East Asia Growth Forecasts For 2017.2018 Raised By World Bank

While saying that the generally positive outlook for East Asia and Pacific was clouded by risks such as rising trade protectionism and geopolitical tensions, the World Bank raised its economic growth forecasts for the developing region for this year and 2018.   With an overall grow 6.4...

India And Japan are the markets that Amazon Launches Echo And Alexa In Asia

Marking its first foray into Asia with its products Echo speaker and Alexa smart personal assistant, Amazon is bringing them to India and Japan, the company said on Wednesday.   Alexa and Echo are scheduled to come to Japan later this year while the products are now available by invitation...
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