Dwayne Fehr

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First U.S. bitcoin exchange set to open

The virtual currency bitcoin is getting a very real boost on Monday, with the opening of the first licensed U.S. exchange.<p>Coinbase Inc., a startup …

Equities slump, led by energy as oil hits 5-1/2-year lows

NEW YORK (Reuters) - Equity markets worldwide tumbled on Monday, led by commodity-linked shares as oil prices fell to 5-1/2-year lows and investors fled to the safety of government bonds.<p>Brent and U.S. crude oil prices dropped to their lowest levels since spring 2009, hit by a global supply glut …

Stock Markets

Archos 80b Helium Release Date, Price and Specs - CNET

The balloon's gone up: Archos has unveiled the 80b Helium, a 4G tablet that costs just £150.<p>The 80b Helium is the sequel to the 8-inch 80 Helium 4G tablet revealed this time last year by French manufacturer Archos. It's expected to land in the UK in early 2015; release dates and prices for other …

Watch This Drone Helicopter Take Off At Sea

Unmanned and unafraid<p>The Fire Scout C’s smooth, gray body is a mockery of helicopter form. Where there should be windows, there are bulbous gray surfaces; where there should be pilots, there are only computer racks; and where there should be the nervous sweat that comes with taking off at sea, …

Vatican Bank reforms prompt jump in reports of suspicious activity

VATICAN CITY (Reuters) - Reports of suspicious financial transactions at the Vatican leapt to 202 in 2013 from six the previous year, its Financial Information Authority (AIF) said on Monday, attributing the rise to keener vigilance prompted by reforms at the scandal-ridden Vatican Bank.<p>Since 2010, …

Corruption

Traders turned less bearish on 10-year Treasurys last week

Fed's super-easy policies pose risks, officials say

DALLAS (Reuters) - The Federal Reserve’s super-easy policies, if pursued for too long, could have adverse consequences in the long run, two top Fed officials said on Monday, although the biggest risk is not runaway inflation.<p>Instead, San Francisco Fed President John Williams told reporters after …

Economics

Biggest dinosaur species ever? Scientists unearth huge femur in Argentina

BUENOS AIRES, Argentina -- Scientists have uncovered huge bones in Argentina that could be from the largest dinosaur yet found, a kind of titanosaur …

Deutsche Bank enlists Qatar in $11 billion capital hike

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) launched plans to raise 8 billion euros ($11 billion) in new capital on Sunday with the Qatari royal family a major new investor, in a bid by Germany’s largest bank to end questions about its capital strength.<p>The bank had already raised 10.2 billion …

Deutsche Bank

Major investment banks' revenue falls 9 percent in first quarter

LONDON (Reuters) - Revenue at the world’s 10 largest investment banks fell nine percent to $42.8 billion in the first quarter, new data showed on Monday, as tough new rules forcing banks to hold more capital led to a retreat from riskier types of trading.<p>Trading in fixed income, currencies and …

Investing

Matter will be created from light within a year, claim scientists

In a neat demonstration of E=mc2, physicists believe they can create electrons and positrons from colliding photons<p>Researchers have worked out how to make matter from pure light and are drawing up plans to demonstrate the feat within the next 12 months.<p>The theory underpinning the idea was first …