Europe. Mario monti is stepping down as Prime Minister of italy. He lost support of the people. He was out in front of italys debt crisis last year and he lowered the bar in cost. He is a smart guy. He obviously does not want to stay there. Investors took heart from the latest data out of china. Growth is accelerating. No more that owning our process here. Almost 10 . Beating analyst estimates. Copper moved higher. It is an industrial metal. Money flowing into stocks. Minors like numa mining. Then, of course, the announcement that they would be taking a big acquisition. Today, it is up more than a percent. Cliff natural of about 5 . We should not forget mcdonalds. Better samestore sales than expected. Coming up in just a few minutes. Cash is king at ethan allen peered the furniture retailer throwing a lot more cash at shareholders. They are announcing a onetime payout this month alone. We will get the inside story from ethan allen chairman and ceo farooq kathwari. You have to hear abou
The new search zone for the missing airliner and this is a first. Chinese and australian aircraft spotted multiple objects. The state media reporting three suspicious objects seen by chinese were white, red, and orange. However, so far none of those objects, nor the ones taken up from the sea today, have been confirmed as having anything to do with the lost jet. We also know new this morning that searchers covered 97,000 square miles today. To give you perspective, thats the land area of oregon and theyre concentrating on a new zone, almost 700 miles northeast of where authorities last focussed their hunt. This shift was based on a new analysis of radar data. Australian Authorities Say todays search has wrapped up at least for the day. We know there are four ship theres right now. More ships due to arrive in a zone tomorrow. Meantime, as families of missing passengers demand proof of official claims that all lives were lost, a top official inspired some hope, telling relatives in kuala
Estimates of likely first-year inflows vary widely, from $5 billion to $100 billion. Some market participants have compared the products to the SPDR Gold Shares ETF, which gave a much broader range of investors access to the precious metal when it launched in 2004
Spot bitcoin ETFs may face uphill battle to widen token s appeal zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Crypto enthusiasts hailed the approval of U.S. bitcoin exchange-traded funds as the birth of a new asset class, but broadening acceptance of the famously turbulent cryptocurrency beyond its true believers could prove challenging. A decade in the making, the ETFs offer investors access to spot bitcoin prices, avoiding the risks associated with holding bitcoin directly in a digital wallet, ranging from hacking to fraudulent behavior by crypto exchanges. Many of the 11 approved ETFs are expected to start trading on Thursday morning.