- U.K. Consumer Price Index (CPI) to Hold at Annualized 1.2% for Second-Month. - Core Rate of Inflation to Rebound from Lowest Reading Since 2009. Trading the News: U.K. Consumer Price Index Beyond the headline reading for U.K. inflation, an uptick in the core Consumer Price Index (CPI) may generate a near-term rebound in GBP/USD as the Bank of England (BoE) largely remains on course to normalize monetary policy in 2015. What’s Expected: ...
The reports are that citing the reason that it wants to protect consumers’ rights, the National Bank of Ukraine stressed that the international spread payments using Bitcoin are illegal. According to the bank this Bitcoin is being used for illegal activities, including money laundering of crime or financing terrorism and this must not continue. ...
Lenovo and Google jointly announced that Lenovo formally completed its acquisition of Motorola Mobility from Google, and this now makes Lenovo the third largest smartphone maker in the world. Yang Yuanqing, chairman and chief executive officer of Lenovo Group, said that while enhancing the company position as the third largest smartphone maker in the world, Lenovo will challenge the top ...
Lei Jun, chairman and chief executive officer of Chinese smartphone maker Xiaomi, says the company will invest USD1 billion in the video content industry as it aims to improve content of its TV and TV box products. For content, Lei said they prefer to cooperate with partners in the video content sector and realize joint growth in the area. Lei said the most important thing for ...
Chinese cosmetics B2C e-commerce website Jumei.com has formed a strategic partnership with Beijing Daily Group for logistics, distribution, e-commerce, and big data analysis. Financial terms of the deal were not announced. A representative from Beijing Daily Group said that by integrating duplicated third-party logistics resources, Jumei.com realizes a self-built distribution ...
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