National Funding

Investing.com | April 17, 2020

The U.S. dollar drifted sideways in early trading in Europe on Friday, amid signs of increasing risk appetite in Europe as investors looked for the end of the coronavirus outbreak. At 3:35 AM ET (0735 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.17, up 0.1%, while EUR/USD rose 0.1% to 1.0840 and GBP/USD fell 0.1% to 1.2445. USD/JPY fell 0.2% to 107.72. Overnight U.S. President Donald Trump laid out new guidelines for...

The International Chamber of Commerce | April 17, 2020

The International Chamber of Commerce has called on Governments and central banks the world over to nullify any rules inhibiting the use of paperless trading, in order to mitigate the disruptive impact of Covid-19 on trade finance transactions. The trade body has filled a memo to regulatory authorities calling for urgent action to remove any reliance on paper-based trade documentation and adopt the Uncitral Model Law on Electronic Transferable Records. The ICC says international le...

FINANCIAL MANAGEMENT

BitGo | June 09, 2022

FlyCoin, Inc., a cryptocurrency-based travel rewards technology company, announces today their partnership with BitGo, the industry's gold standard for custody and security solutions. FlyCoin will hold a significant portion of the company's minted cryptocurrency token, FLY in BitGo's US Qualified Custody Solution. The announcement comes on the heels of Flycoin's $33M seed funding earlier this year. "As we continue to grow Flycoin's ecosystem of partners an...

Credit Suisse | January 13, 2020

The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...