Why is the ECB eyeing a 'digital euro'?
The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.
Oct 11, 2020
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The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.
Oct 11, 2020
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Card payments will surpass cash transactions for the first time in Germany in 2020 as the pandemic changes shoppers' behaviour, a study said Thursday.
Sep 17, 2020
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A banknote has been sitting in my wallet for six months now. As time ticks on, it burns an ever greater hole in my pocket.
Sep 10, 2020
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Arnold Spielberg, father of filmmaker Steven Spielberg and an innovating engineer whose work helped make the personal computer possible, has died at 103.
Aug 27, 2020
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Daimler has approved settlements worth $2.2 billion over emissions cheating software in its diesel vehicles in the US, the German carmaker said Thursday.
Aug 13, 2020
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China's auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group reported Friday.
Jul 10, 2020
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Deutsche Bank said Tuesday it is planning a partnership with Google where the US technology giant will provide cloud computing capabilities to Germany's largest lender, a market in which Europe is struggling to establish ...
Jul 7, 2020
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Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter ...
May 5, 2020
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General Electric reported higher first-quarter profits Wednesday on a gain from a divestiture, but warned that the current quarter would see a bigger hit from the coronavirus pandemic.
Apr 29, 2020
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SoftBank Group said Monday it would sell up to $41 billion in assets to finance a stock buyback, reduce debts and increase its cash reserves after weeks of heavy losses in its shares.
Mar 23, 2020
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In common language cash refers to money in the physical form of currency, such as banknotes and coins.
In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.
This text uses material from Wikipedia, licensed under CC BY-SA