Author: PageOne

Janus Foundation unveils winners of J Tank competition
Startups

Janus Foundation unveils winners of J Tank competition

The Janus Foundation has revealed the winners of its J Tank competition, which will channel $215,000 to non-profit organizations nominated by Janus Capital Group Inc. employees. The second annual J Tank challenge allows the Janus Foundation, which has distributed more than $39 million to non-profits since its inception in 1994, […]

American Airlines posts $365 million  revenue for Q1
aviation

American Airlines posts $365 million revenue for Q1

American Airlines Group Inc. said it first-quarter 2017 pre-tax profit of $365 million, or $491 million excluding net special items,1 and net profit of $234 million, or $308 million excluding net special items The airline’s first-quarter earnings of $0.46 per diluted share, or $0.61 per diluted share excluding net special […]

CME Group posts $929 million revenue in Q1
Global

CME Group posts $929 million revenue in Q1

CME Group Inc. said it made total revenue of $929 million and operating income of $601 million for the first quarter of 2017. The commodities trading platform said its net income was $400 million and diluted earnings per share were $1.18. On an adjusted basis, net income was a record […]

Mech Mocha, India gaming startup raises USD5 million
Tech

Mech Mocha, India gaming startup raises USD5 million

Mech Mocha, a homegrown Indian gaming startup has just raised USD5 million from the a group of investors including Accel Partners and China’s Shunwei Capital. The Series A round was also participated in by Blume Ventures, one of its early investors. According to VCCircle Accel had invested around $1.7 million […]

Russia’s Yandex posts $364 million for Q1
Tech

Russia’s Yandex posts $364 million for Q1

Russia’s largest search engine provider, Yandex N.V said its revenue for the first quarter of the year rose to RUB20.7 billion which is approximately USD364 million. On a year on year basis, its revenue was up 25% compared with Q1 2016 Arkady Volozh, Chief Executive Officer of Yandex said that: […]

Why London is number one in RMB FX transactions?
Global

Why London is number one in RMB FX transactions?

Latest data from SWIFT shows that London remains the lead location for trading the Chinese renminbi (RMB) amongst other financial markets. Data from SWIFT’s RMB Tracker shows that London has retained its position as the preeminent foreign exchange (FX) and payment centre globally. . As of March 2017, SWIFT’s data […]

Be-Bound and FAMOCO partner to improve network connectivity
Tech

Be-Bound and FAMOCO partner to improve network connectivity

French start-ups Be-Bound, specializing in connection services Mobile internet and FAMOCO, leader of secure Android devices, announce a partnership aimed at improving network connectivity. in emerging markets. The French specialist of solutions and Services NFC has chosen to embark Be-Bound technology (N4B) with the common objective, Optimize transactions and data […]