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Saudi Aramco might delay its IPO. What is presumed to be the world’s largest initial public offering might be pushed back a few months into 2019 as several important decisions still need to be made, people familiar with the matter told Bloomberg’s Javiar Blas.

The Bank of England meets. The central bank is expected to keep both its key interest rate and QE unchanged as rhetoric takes a hawkish tilt to warn on rate hikes.

Jamie Dimon isn’t the only one at JPMorgan that’s skeptical of cryptocurrencies. A day after JPMorgan CEO Jamie Dimon called bitcoin a “fraud” that’s “worse than tulip bulbs,” Marko Kolanovic, the firm’s quat guru, wrote that cryptocurrencies have ‘some parallels to fraudulent pyramid schemes.’

Trump blocks a Chinese private equity firm from buying US chipmaker Lattice. President Donald Trump’s executive order said Lattice and Canyon Bridge “shall take all steps necessary to fully and permanently abandon the proposed transaction,” within 30 days, Reuters reports.

A top senator wrote a scathing letter calling for an investigation into the Equifax hack. Sen. Mark Warner …read more


Source:: Businessinsider – Finance

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