Birthday child for Bitcoin, as investors have to accept a loss year-on-year

LONDON (Reuters) – Bitcoin was heading for a year-over-year loss on Wednesday, its 10th anniversary, the first loss since last year's bull market, as the original and largest digital coin…

The modest EV manufacturer Faraday Future, co-founder Nick Sampson, resigns

(Reuters) – Co-founder of Faraday Future, Nick Sampson, has resigned his post with the Chinese electric vehicle developer. This was the latest blow for the troubled company that experienced "extraordinary…

Factbox: Ten years of Bitcoin

LONDON / NEW YORK (Reuters) – Bitcoin, the world's first and most famous cryptocurrency, is celebrating its tenth birthday on Wednesday. Bitcoin.com's buttons will be displayed on May 16, 2018,…

Against global protectionism, the Pacific Trade Pact is nearing the start

WELLINGTON (Reuters) – A landmark agreement with 11 countries that will lower tariffs across much of the Asia-Pacific region will come into force in late December, New Zealand said on…

Early Bitcoin investors count profits after a volatile decade

NEW YORK / LONDON (Reuters) – Seven years ago, Marshall Hayner gave his grandfather a Bitcoin worth about $ 30. The US entrepreneur and software developer wrote on the purse…

Against global protectionism, the Pacific Trade Pact should begin at the end of 2018

WELLINGTON (Reuters) – A landmark deal with eleven members, which will lower tariffs across much of the Asia-Pacific region, will come into effect in late December, New Zealand said on…

Facebook expects rising costs to combat scandals after 2019 to decline

(Reuters) – Facebook Inc (FB.O) on Tuesday, investors were relieved of the forecast that margins will not contract after 2019 as scandals plummet and stocks continue to rise with record…

Pacific Trade Pact to begin in late 2018 after six members have ratified

WELLINGTON (Reuters) – A milestone of eleven members aiming to overcome the barriers in some of the fastest-growing economies in the Asia-Pacific region will come into effect in late December,…

The increase in Facebook revenue outweighs slow user and revenue growth

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) on Tuesday beat earnings estimates, but missed targets for growing monthly users, reporting its slowest earnings growth in about six years in a…

The US presence at the Cuba show is dwindling in the face of Trump's hostility

HAVANA (Reuters) – A yellow excavator, forklift and other heavy equipment from the US company Caterpillar (CAT.N.) shine on Cuba's annual trade show and reflect hopes of increased US-Cuban trade…