Market Updates

20 Mar 2018

Facebook shares fall sharply

Shares of Facebook dropped seven percent on Monday, posting their worst loss in four years, as investors fear that new legislation could damage the company’s profitable advertising business. Facebook chief executive Mark Zuckerberg faced several questions from U.S. and U.K. politicians a [...]

19 Mar 2018

Vladimir Putin wins Russian election

Vladimir Putin wins another six years as Russian leader after big triumph on Sunday as he obtains over 76 percent vote. In his speech, Putin told crowds on Manezhnaya Square: “Everyone who voted today is part of our big, national team.” When he was asked about the poisoning of Sergei Skr [...]

16 Mar 2018

US punishes Russians over vote meddling

The United States slapped sanctions on 19 Russians and entities for meddling in the 2016 U.S. election and alleged cyber-attacks. They include 13 individuals charged last month by Special Counsel Robert Mueller. This move against Moscow is described as the strongest action taken so far by th [...]

15 Mar 2018

Google bans cryptocurrency adverts

Following Facebook’s move in January, Google plans to ban cryptocurrency advertising and related content, starting in June. This move will impact on all promotional campaigns for digital currencies, Bitcoin exchanges and digital wallets to store the assets. Google’s decision will affect [...]

14 Mar 2018

Trump Fires Rex Tillerson

President Donald Trump fired U.S. Secretary of State and Rex Tillerson as the former ExxonMobil chief had a series of public rifts with the White House after being appointed in 2017. Mr. Trump announced he would replace Mr. Tillerson with Mike Pompeo, the C.I.A. director, and former Tea Part [...]