6 December, 2021 by The TZ Newswire Staff Comments Off on OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
Caveat emptor, goes the Latin warning.
The translation: Buyer beware.
Cryptos may be luring the masses, but the Office of the Comptroller of the Currency (OCC) is sounding the alarm over the digital holdings.
6 December, 2021 by The TZ Newswire Staff Comments Off on Aramco Chief Warns Of “Social Unrest” If Fossil Fuels Are Abandoned Too Quickly
Aramco Chief Warns Of “Social Unrest” If Fossil Fuels Are Abandoned Too Quickly
Aramco Chief Warns Of “Social Unrest” If Fossil Fuels Are Abandoned Too Quickly
China has promised not to build more coal-fired power plants abroad, but it’s scrambling to build more plants at home in the latest indication that coal, the dirtiest of fossil fuels, will likely be with us for some time.
6 December, 2021 by The TZ Newswire Staff Comments Off on China cut RRR yesterday, will the LPR be next?
China cut RRR yesterday, will the LPR be next?
There was a record turnaround between the time of China hinting at an RRR cut yesterday and delivering it.
The China Securities Daily yesterday said that an RRR cut could come before year-end. It certainly did with the cut coming just hours later.
Will there be an encore?
Today the front p
6 December, 2021 by The TZ Newswire Staff Comments Off on China cut RRR yesterday, will the LPR be next?
China cut RRR yesterday, will the LPR be next?
There was a record turnaround between the time of China hinting at an RRR cut yesterday and delivering it.
The China Securities Daily yesterday said that an RRR cut could come before year-end. It certainly did with the cut coming just hours later.
Will there be an encore?
Today the front p
6 December, 2021 by The TZ Newswire Staff Comments Off on Yellow, Openware Join Forces to Scale Blockchain Services
Yellow, Openware Join Forces to Scale Blockchain Services
Yellow.com and Openware will be merging to make a new global settlement network, the companies announced Monday (Dec. 6), with the combined company name being Yellow Group.
Per the release, the company plans to construct a financial information exchange network, which will be focused on developing a distributed liquidity network for exchanges and institutions that will be scaled to “billions” of transactions.
6 December, 2021 by The TZ Newswire Staff Comments Off on Intel Plans to List Shares of Mobileye Business; Stock Jumps
Intel Plans to List Shares of Mobileye Business; Stock Jumps
Morgan Stanley gave an ‘overweight’ rating to these 3 stocks yielding up to 9.8% — lock them in before inflation soars higher
6 December, 2021 by The TZ Newswire Staff Comments Off on Record Backlog And Inability To Produce, Pushes Class 8 Orders To Lowest November In 26 Years
Record Backlog And Inability To Produce, Pushes Class 8 Orders To Lowest November In 26 Years
Record Backlog And Inability To Produce, Pushes Class 8 Orders To Lowest November In 26 Years
By Alan Adler of FreightWaves,
Class 8 truck orders in November were the lowest for that month in 26 years, reflecting a huge backlog of unbuilt trucks rather than a demand issue.