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Bank of England is Predicted to Keep Interest Rate Low in Fear of Brexit
In fear of Brexit, economists predicted British central bank will keep its interest rate low. While Bank of England Governor Mark Carney warned that Brexit will damage British financial stability.
Ctrip posts profit in Q4 as demand increases in China
Ctrip reported a 50% increase in its net revenues for the fourth quarter ended December 31, 2015, as demand for online ticketing increases.
Celator Pharmaceuticals Shares Soared on Tuesday After Successful Test
Celator Pharmaceuticals shares jumped more than 400% in Tuesday trading. Meanwhile, hedge fund manager Steve Cohen unvelied his 8.3% shares of the company.
Apple to Enhance Encryption Security for iCloud, Making Key for Data Inaccessible Even for Itself
Sources believe that Apple is trying to enhance its security for iCloud amid the legal dispute with the FBI. However, the tech giant will have its challenges to ensure security while retaining users convenience. Reports also said that the company has moved some of its iCloud services to Google servers.