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Australian entrepreneursays he created bitcoin

Australian entrepreneursays he created bitcoin

Australian entrepreneur Craig Steven Wright has announced on Monday that he created the popular bitcoin, which is world first somewhat accepted digital currency.

Auckland naval base diesel spill is much smaller than feared

Auckland naval base diesel spill is much smaller than feared

Officials have said that the recent diesel spill at Devonport Naval Base in Auckland is much smaller than 30,000 litres suspected by some.

Owner planning to sell Auckland property for a whopping $10m

China’s HNA Tourism Group Co Ltd Buying Carlson Hotels

China’s HNA Tourism Group Co Ltd Buying Carlson Hotels

On Wednesday, HNA Tourism Group Co Ltd, a Chinese company which is a unit of HNA Group Co Ltd, the aviation and shipping conglomerate, said it has agreed to buy Carlson Hotels.

Sports Authority Gives Up Reorganization Plan; Will Hold Auction for the Company

Sports Authority Gives Up Reorganization Plan; Will Hold Auction for the CompanyFinancial troubles pushed Sport Chalet, the fifty seven year old, La Cañada Flintridge based chain to shutter forty seven of its of stores Southern & Northern California, Arizona, Nevada, and Utah, the company announced this month.

Federal Reserve Gives No Hint of Rate Hike; Will Closely Monitor Inflation Indicators and Global Economy

Federal Reserve Gives No Hint of Rate Hike; Will Closely Monitor Inflation Indic

There were changes in the interest rates this time but the Federal Reserve left doors open for a hike in June when the Federal Open Market Committee meets next on June 14 and15.

The recent from FOMC remained more or less the same as the earlier one and gave no strong indications regarding the decision that will be taken during the meeting in June. The intention of the Federal Reserve will surface in three weeks as the minutes for this meeting are released.

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