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The ‘what if’ spooking markets: policy success

August 3, 2016 by · Leave a Comment 

Perhaps the biggest shock to world markets now would be if central banks met their inflation goals. After nearly 10 years of near zero or even negative interest rates and trillions of dollars in new

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The ‘what if’ spooking markets: policy success

jarrett-renshaw

Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong

August 3, 2016 by · Leave a Comment 

Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, making it the second-biggest security breach ever of such an exchange. Zane Tackett, Director of Community & Product Development for Bitfinex, told Reuters on Wednesday that 119,756 bitcoin had been stolen from users' accounts and that the exchange had not yet decided how to address customer losses.

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Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong

jarrett-renshaw

Exclusive: Delta’s refinery sacrifices profits for lower fuel cost – memo

August 3, 2016 by · Leave a Comment 

By Jarrett Renshaw NEW YORK (Reuters) – Delta Air Lines Inc is flooding the New York market with jet fuel from its refinery, sacrificing refining profits in order to lower the carrier’s fuel costs, according to a company memo seen by Reuters.    The memo, written by the head …

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Exclusive: Delta’s refinery sacrifices profits for lower fuel cost – memo