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PRECIOUS-Gold on track for biggest decline in 9 weeks

*Spot gold had climbed 0.2 percent to $1,222.46 per ounce by 0046 GMT. *Gold market participants will be covered from next year by a new code of best practice brought in to replace the bullion market annex of the Non-Investment Products code, the London Bullion Market Association said on Thursday. *Top consumer China's net gold imports via main conduit Hong Kong...

Source: Reuters

The End of the Office Dress Code

The traditional office dress code is changing and here's how. The NYT reports.

Source: The New York Times

UPDATE 1-Don't lie, don't cheat, don't start rumors, says new FX code

LONDON, May 26- The first global code of conduct for currency trading has banned dealers from lying and starting false rumors as part of new guidelines aimed at rebuilding trust in a foreign exchange market plagued by scandals and accusations of manipulation. "The foreign exchange industry has suffered from a lack of trust," Reserve Bank of Australia Assistant...

Source: Reuters

INTERVIEW-Global FX code may help volumes rise again - CLS chief

LONDON, May 26- The $5 trillion a day market in foreign exchange may be free to grow again after a static three years hampered by doubts over regulation and what traders can and cannot say to each other, the head of global settlement bank CLS said on Thursday. Speaking to Reuters before the launch of a new global FX code on which he has led work by banks and other...

Source: Reuters

Don't lie, don't cheat, don't start rumors, says new FX code

LONDON, May 26- The first global code of conduct for currency trading has banned dealers from lying and starting false rumors as part of a raft of new guidelines aimed at rebuilding trust in the world's biggest financial market. "The foreign exchange industry has suffered from a lack of trust," Reserve Bank of Australia Assistant Governor Guy Debelle, who chaired...

Source: Reuters

How this 16-year-old is teaching the world to code

High school junior Moksh Jawa is only 16 years old, but thousands of people around the world are turning to him to learn a valuable skill: coding.

Source: CNBC.com

Virtual company may raise $200 mln, largest in crowdfunding

NEW YORK, May 17- A virtual company created using a computer code could raise $200 million when it ends its fund-raising campaign next week, according to the founder of the firm that wrote the code for the new digital enterprise. The company is called DAO, which stands for Decentralized Autonomous Organization. "The amount of funds raised for DAO could potentially...

Source: Reuters

Automated company raises equivalent of $120M in digital currency

An automated business run on computer code, with no human input beyond its anonymous backers, has raised the equivalent of $120 nillion in digital currency, the FT reports.

Source: Financial Times

Breitburn Energy Partners files for bankruptcy protection

May 16- Breitburn Energy Partners LP and some of its units filed for restructuring under Chapter 11 of the U.S. bankruptcy code on Monday, the latest company to face the brunt of low commodity prices. The oil and gas master limited partnership said it secured a $75 million debtor-in-possession financing, in addition to cash from its operations and cash on hand, to...

Source: Reuters

Google launched an AI tool that understands English...called Parsey McParseface

Google has released the code, a piece of software called SyntaxNet and Parsey McParseface for free for developers to use to create apps that understand plain English.

Source: CNBC.com