Economy

US Treasury Official Calls for Global Crypto Regulation Annaliese Milano   The undersecretary of the U.S. Treasury's Office of Terrorism and Financial Intelligence called on the international community for stronger cryptocurrency regulations to help protect the financial...

Exclusive: Banco Sabadell mulls moving top management from Catalonia Jesús Aguado MADRID (Reuters) - Banco Sabadell (SABE.MC) is considering moving some of its top management from Catalonia to Madrid, a source close to the board said...

'Forbes': Kylie to be USA's youngest self-made billionaire   "Forbes" magazine says Kylie Jenner will be the US' youngest self-made billionaire, male or female, as her cosmetic firm, television show profits and endorsement are valued at...

Mega Pharma targets global pharmaceutical markets Author: Gianclaudio Broggi, CEO, Mega Pharma   As the Latin American market has slowed, pharmaceutical companies have faced numerous challenges. According to Mega Pharma, however, there are growth opportunities for those...

Financing Infrastructure with Value Capture: The Good, The Bad & The Ugly   President Trump’s infrastructure investment program was circulated recently. Page 24 of the program states that “value capture” financing will be required for any...

George Soros foundations now control $18 billion: reports by Lawrence Delevingne NEW YORK (Reuters) - Investor George Soros has transferred about $18 billion, the majority of his estimated fortune, to his Open Society Foundations, making them...

Lego set to replace Bali Padda as CEO after just nine months Author: Kim Darrah   Lego Chief Bali Padda is set to be replaced by former Danfoss CEO Niels Christiansen in October, as the Lego Group...

IMF projects Venezuela inflation will hit 1,000,000 percent in 2018   The South American nation’s economy has been steadily collapsing since the crash of oil prices in 2014 left it unable to maintain a socialist system...

Former Greek finance minister Yanis Varoufakis makes capital comprehensible By Mark Haskell Smith   Yanis Varoufakis, center, when he was Greece's finance minister in 2015. His new book is 'Talking to My Daughter About the Economy,...

Tesla cuts nine percent of workforce in search of profit   In its fifteen-year existence the company headed up by Elon Musk has not made a profit, and it's burning through cash at an unprecedented rate. Tesla...