With the ultimate aim to introduce one of Europe’s “fastest growing” trading products into Asia — something called “daily leverage certificates,” the French bank Societe Generale said on Monday that it has teamed with the Singapore Exchange for this purpose. By betting on the daily rise and fall of the underlying asset, investors are allowed to multiply their…
In what is the latest event to highlight the power industry’s vulnerability to cyber attacks, the U.S government warned industrial firms this week about a hacking campaign targeting the nuclear and energy sectors. According to a joint report from the U.S. Department of Homeland Security and Federal Bureau of Investigation, to enable themselves to access…
This case has the hallmarks of turning into something big. Definitely worth following. As per available court documents, Facebook Inc has challenged a gag order from a U.S. court that prevents it from disclosing 3 government search warrants that it says pose a threat to the freedom of speech. According to a filing in a…
The company’s card aggregates all your cards and allows you to switch cards after a transaction has been completed. In what is a world first, a London-based startup has teamed up with Mastercard Inc to launch a payment card that allows users to retrospectively choose a different credit or debit card for a purchase they…
Research by cyber security companies point to a Russian involvement. On Saturday, Ukraine’s state security service pointed the finger of blame for the recent cyberattacks on Russian security services, saying the attacks were aimed at destroying important data and spreading chaotic panic. Ukraine’s SBU stated the attacks, which began in Ukraine and spread across the…
Two weeks ahead of its production schedule, all looks well for Tesla. The success of the company depends on the Model 3. On Monday, with Tesla Inc announcing that it is set to deliver its mass market Model 3 sedan to its first 30 customers on July 28, the company’s shares shot up by 3%…
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