BlackRock is evaluating cryptocurrencies, CEO says

NEW YORK (Reuters) – BlackRock Inc (BLK.N) Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies, such as bitcoin, but cautioned he does not see massive investor demand. FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, More...

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By admin On Monday, July 16th, 2018
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Global regulators start monitoring crypto assets

LONDON (Reuters) – Global regulators have published a framework for “vigilantly” monitoring risks from crypto assets like bitcoin BTC=BTSP and ether, even though they don’t pose a major More...

By admin On Monday, July 16th, 2018
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Power to the drones: utilities place bets on robots

MILAN/FRANKFURT (Reuters) – Flying robots that can travel dozens of kilometers without stopping could be the next big thing for power companies. Workers operate a drone to survey high-voltage power More...

By admin On Monday, July 16th, 2018
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Global regulators set out monitoring system for crypto-assets

LONDON (Reuters) – Global regulators have published a framework for “vigilantly” monitoring risks from crypto-assets like bitcoin and ether, even though they don’t pose a major risk to financial More...

By admin On Monday, July 16th, 2018
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Mantis Vision raises $55 million in round led by Luenmei, Samsung

JERUSALEM (Reuters) – Israeli high-tech firm Mantis Vision, which provides 3D content capture and sharing technologies, said on Monday it raised $55 million in a round led by China-based Luenmei Quantum More...

By admin On Monday, July 16th, 2018
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ZTE stock surges as U.S. supplier ban lifted though outlook remains uncertain

HONG KONG (Reuters) – Investors on Monday cheered the lifting of a U.S. supplier ban on China’s ZTE Corp (0763.HK), pushing its shares up 17 percent, though analysts cautioned the telecommunications More...

By admin On Monday, July 16th, 2018
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China’s ZTE shares soar after U.S. lifts supplier ban

HONG KONG (Reuters) – Shares of China’s ZTE Corp surged more than 12 percent in Hong Kong on Monday after the United States lifted a ban on American companies selling parts to the telecommunications More...

By admin On Monday, July 16th, 2018
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ZTE’s HK shares set to open up 5.5 percent after U.S. lifts supplier ban

HONG KONG (Reuters) – Shares of China’s ZTE Corp were set to rise 5.5 percent in Hong Kong on Monday after the United States lifted a ban on American companies selling parts to the telecommunications More...

By admin On Sunday, July 15th, 2018
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Rolls-Royce plans for take-off in flying taxi market

FARNBOROUGH, England (Reuters) – British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take More...

By admin On Saturday, July 14th, 2018
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China auto firms to set up ride-sharing platform

SHANGHAI (Reuters) – Chinese firms FAW Group, Dongfeng Automobile and Chongqing Changan Automobile have set up a venture to establish a ride-sharing platform, Changan said on Saturday, creating the kind More...