Disruptor 50: No. 31 Coinbase To date, Coinbase-the closest thing to a bitcoin central bank-has created 2.7 million consumer wallets and signed up 39,000 merchants.
| By: CNBC.com staff
Aussie jumps despite RBA rate cut Peter David Frank, global head of G-10 and Asia FX strategy at BBVA, talks about the Australian dollar and the euro/dollar rate.
No easy exit for HSBC from Turkey's punishing retail market *Selling retail business in Turkey a priority- sources. ISTANBUL, April 30- HSBC faces a tough task selling its loss-making retail arm in Turkey, where it has been hamstrung by tough competition and faces a decline in both economic growth and investor confidence. Chief Executive Stuart Gulliver said in February HSBC's four problem businesses-- Brazil, Mexico,...
| By: Asli Kandemir
GLOBAL MARKETS-Euro, bond yields jump on flickers of growth, inflation LONDON, April 29- The euro and German bond yields rose to their highest level in weeks on Wednesday, after data showed that a measure of bank lending across the bloc stopped shrinking in March and consumer inflation expectations rose for the first time this year. The euro traded above $1.10 and the 10- year German bond yield rose as high as 0.25 percent.
| By: Jamie McGeever
UPDATE 2-BBVA doubles first-quarter profit on Mexico, one-off gains *BBVA profit up 146 pct y/y to 1.54 bln eur. MADRID, April 29- Net profit more than doubled at Spanish lender BBVA in the first quarter from a year ago, as growth in Mexico and one-off gains offset a hit from currency devaluation in Venezuela. BBVA devalued the exchange rate it applies to Venezuela by 93 percent, a move welcomed by analysts as an attempt to draw a line...
| By: Sarah White and Jesús Aguado
GLOBAL MARKETS-European shares follow Asia lower, dollar weak before Fed *Europe shares dip on earnings, follow Asia down. LONDON, April 29- Stocks fell in Europe on Wednesday, following Asian stocks lower, while the dollar held near two-month lows before a Federal Reserve policy statement expected to show the U.S. central bank in no hurry to raise interest rates. The euro was up 0.1 percent at $1.0994, having hit a three-week high on...
| By: Nigel Stephenson
European shares extend fall amid mixed earnings *Weak numbers hit BBVA, BAT, Delhaize. LONDON, April 29- European shares gave away early gains to trade slightly lower on Wednesday as investors digested a batch of mixed corporate results from bank BBVA and UK retailer Next, among others. Yet the early rise quickly fizzled out, with BBVA, British American Tobacco and Belgian supermarket group Delhaize among the...
| By: Francesco Canepa
What a US rate hike will mean for Brazil Despite its exposure to oil, Ricardo Mendes of Prospectiva Consulting said some Brazilian businesses could benefit from tighter U.S. monetary policy.
| By: Fred Imbert
UPDATE 1-U.S. judge rules funds suing Argentina entitled to bond documents District Judge Thomas Griesa in Manhattan said the funds can seek documents from Argentina and banks including Deutsche Bank AG related to Tuesday's $1.4 billion bond sale to determine if any assets exist in the United States that could satisfy billions of dollars in unpaid judgments. The ruling applies to Argentina and banks subscribed to the offering,...
| By: Nate Raymond