Last Updated : GMT 09:40:38
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Sunday 6 April 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

BPI

Spanish bank gains 84.5-pct stake of Portuguese bank BPI

Themuslimchronicle, themuslimchronicleSpanish bank gains 84.5-pct stake of Portuguese bank BPI238202/243
Lisbon - Xinhua
 Spain's CaixaBank has gained 84.5 percent of share capital in Portugal's bank BPI for a total investment of 644.5 million euros (689 million U.S. dollars). CaixaBank purchased 39 percent of the share capital of BPI, by offering 1.134 euros per share, according to a statement issued on Wednesday by Portugal's stock market regulator CMVN. CaixaBank already had 45.5-percent stake ofRead more

Bitcoin: some key questions

Themuslimchronicle, themuslimchronicleBitcoin: some key questions228217/504
Hong Kong - Arab Today
The value of bitcoin surged above $1,100 on Thursday as the digital unit continues a dizzying rise that made it the best-performing currency of 2016. Analysts have suggested a host of reasons for its appreciation, from global uncertainty and a strengthening dollar to demonetisation in India and capital controls in China.   Here are some key facts about bitcoin. WhatRead more

UK music fans drive vinyl sales to 25-year high

Themuslimchronicle, themuslimchronicleUK music fans drive vinyl sales to 25-year high227577/1202
London - AFP
The revival of vinyl records in Britain continued in 2016 with sales jumping to their highest level in 25 years, according to figures released on Tuesday. Music fans bought more than 3.2 million LPs last year, a rise of 53 percent on 2015 and the highest figure since 1991, said trade association the British Phonographic Industry (BPI). Rock icon DavidRead more

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