Carmelina Mercurio

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Investing in Solar and Wind in a Coal and Oil Moment

Alternative energy investments like wind and solar power have not performed well in recent years. To make matters worse, the Trump administration has opted for a resurgence of coal and other carbon fuels, not an emphasis on alternative energy.<p>Yet there is a reasonable argument that the outlook for …

Trump's stunning u-turns on NATO, China, Russia and Syria

<b>Washington (CNN) —</b> Within a few hours of extraordinary political shape-shifting, President Donald Trump abandoned stances that were at the bedrock of his establishment-bashing campaign.<p>NATO, he said, is "no longer obsolete."<p>He backed down a threat to brand China a currency manipulator.<p>In another …

Geopolitics

UK banks asked to draw up plans to show they are prepared for Brexit

The Bank of England has asked UK banks, insurers and other financial institutions to draw up comprehensive plans for how they will deal with Britain’s exit from the European Union, and will scrutinise them closely.<p>Two days before Theresa May’s government plans to trigger article 50 and begin two …

Consumer Credit

Deutsche Bank among western institutions that processed billions of dollars in cash of ‘criminal origin’ through Latvia<p>The German bank that loaned $300m (£260m) to Donald Trump played a prominent role in a money laundering scandal run by Russian criminals with ties to the Kremlin, the Guardian can …

Corruption

Bitcoin Price Target For 2017

Bitcoin (OTCQX:GBTC) is a totally different investment asset type than traditional asset classes. Traditional analysis methods do not applying when …

Cryptocurrency

In Its Battle With Amazon, Best Buy Gets A Fighting Chance From Shoppers

It’s been five years since Best Buy unwittingly acquired the “showroom” moniker thanks to online-upstart-turned-serious-competitor Amazon.com. I’ve previously detailed the showroom showdown between the two electronics giants as well as Best Buy’s issues converting its shoppers into buyers. And …

eCommerce

IBM thinks it’s ready to turn quantum computing into an actual business

Today, IBM announced that it is forming “IBM Q,” a new division around its quantum computing research. IBM has been working on quantum computing nearly as long as it’s been an area of study, but the new business unit is a bold indication that it believes its research could be commercialized in the …

Quantum Computing

PSA targets Opel turnaround as GM exits Europe

PARIS/FRANKFURT (Reuters) - France’s PSA Group (PEUP.PA) has agreed to buy Opel from General Motors (GM.N) in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new European car giant to challenge market leader Volkswagen (VOWG_p.DE).<p>The maker of Peugeot and Citroen cars …

Losses for banks pull US stocks further from record highs

NEW YORK (AP) — U.S. stocks finished lower Monday for the second time in the last three trading days. Banks gave back some of their recent gains …

EU, Canada secure clearance to kickstart free trade deal | Reuters

STRASBOURG (Reuters) - The European Union and Canada secured clearance on Wednesday for their contentious free trade deal and the removal of import duties that supporters say will boost growth and jobs on both sides of the Atlantic.<p>FILE PHOTO: The European flag flies outside of the La Canada …