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'

Extreme poverty drives some Afghans to sell their organs | Money Talks

Extreme poverty drives some Afghans to sell their organs | Money Talks

Protests in Lebanon erupt as falling currency pushes fuel prices higher | Money Talks

Protests in Lebanon erupt as falling currency pushes fuel prices higher | Money Talks

US inflation surges to 7% in December, highest since 1982 | Money Talks

US inflation surges to 7% in December, highest since 1982 | Money Talks

Turkiye launched first domestically produced intelligence ship | Money Talks

Turkiye launched first domestically produced intelligence ship | Money Talks

Biz in 60: Eurozone trade balance, VC investment boom, JPMorgan Q4 earnings

Biz in 60: Eurozone trade balance, VC investment boom, JPMorgan Q4 earnings

Biz in 60: Turkish economy, Aramco Europe foothold, EthereumMax scam

Biz in 60: Turkish economy, Aramco Europe foothold, EthereumMax scam

US inflation hit 7% in December, fastest pace since 1982

US inflation hit 7% in December, fastest pace since 1982

World Bank predicts slow global economic recovery from pandemic

World Bank predicts slow global economic recovery from pandemic

Biz in 60: China inflation, Citigroup Mexico operations, Getir funding round

Biz in 60: China inflation, Citigroup Mexico operations, Getir funding round

China's flower market vendors go online to boost sales | Money Talks

China's flower market vendors go online to boost sales | Money Talks

US man recovering after getting genetically modified heart | Money Talks

US man recovering after getting genetically modified heart | Money Talks

Russia rules out concessions in talks with US on Ukraine | Money Talks

Russia rules out concessions in talks with US on Ukraine | Money Talks

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