Money Talks

Biz in 60: Bitcoin boom, Turkey rate cut, Cashing in on cloud | Money Talks

Bitcoin surges past $66,000, new all-time high Bitcoin has reached a fresh all-time high, surging past 66-thousand dollars. That's as investors backed the launch of a bitcoin-linked exchange-traded fund in the US. The Proshares Bitcoin ETF has topped a-billion dollars in assets since its first day of trading on Tuesday. The world's leading digital token was worth below 30-thousand dollars in July. Turkey central bank cuts benchmark rate to 16% Turkey's central bank has cut interest rates by 200 basis points from 18 to 16-percent - a far deeper cut than was expected by the markets. That follows a reduction of 100-basis points at the previous policy meeting last month. The bank says it expects consumer inflation to ease to around 14-percent by the end of the year, from 19.6-percent in September. SAP's Q3 cloud revenue up 20% to $2.8B And German software firm, SAP, says its cloud revenue surged 20-percent to 2.8-billion dollars in the third quarter. The company says its data storage business now accounts for more than a-third of its total revenue, as it aims to compete with rivals Salesforce and Oracle. It's now raised its full-year forecast for the third time this year, expecting cloud revenue to increase as much as 19-percent. #Bitcoin #InterestRates #Turkey #SAP #CloudComputing

Picture This: Brussels Attacks Anniversary

Picture This: Brussels Attacks Anniversary

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

Showcase: 'I Am Not Madame Bovary'

Showcase: 'I Am Not Madame Bovary'

Biz in 60: Turkey’s new finance minister, South Korea inflation, Disney’s first woman chair

Biz in 60: Turkey’s new finance minister, South Korea inflation, Disney’s first woman chair

Wall Street indices fall after US reports first Omicron case

Wall Street indices fall after US reports first Omicron case

Biz in 60: Turkey forex intervention, Australia Q3 GDP, Cost of Living Index

Biz in 60: Turkey forex intervention, Australia Q3 GDP, Cost of Living Index

UConn's Paige Bueckers becomes first NCAA student-athlete to sign with Gatorade | Money Talks

UConn's Paige Bueckers becomes first NCAA student-athlete to sign with Gatorade | Money Talks

Former South African president's home becomes boutique hotel | Money Talks

Former South African president's home becomes boutique hotel | Money Talks

Demand for suburban co-working spaces surges amid pandemic | Money Talks

Demand for suburban co-working spaces surges amid pandemic | Money Talks

World Bank pushing to free up $500M for Afghanistan's healthcare sector | Money Talks

World Bank pushing to free up $500M for Afghanistan's healthcare sector | Money Talks

Turkey's Q3 GDP growth hits 7.4% over higher exports, domestic sales | Money Talks

Turkey's Q3 GDP growth hits 7.4% over higher exports, domestic sales | Money Talks

Biz in 60: India GDP, Eurozone inflation, EasyJet Earnings

Biz in 60: India GDP, Eurozone inflation, EasyJet Earnings

Collins Dictionary announces 'NFT' as word of the year | Money Talks

Collins Dictionary announces 'NFT' as word of the year | Money Talks

Inflation, shortages hit Americans hard this festive season | Money Talks

Inflation, shortages hit Americans hard this festive season | Money Talks

Cost of medicine in Lebanon spikes as government cuts subsidy | Money Talks

Cost of medicine in Lebanon spikes as government cuts subsidy | Money Talks

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