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The U.S. Federal Reserve raised its benchmark federal funds rate by another 25 basis points to a target range of 1.75 - 2.0 percent, as universally expected, and forecast that it would raise the rate another two times by the end of this year as inflation is accelerating faster than expected.
The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency.
German carmaker Volkswagen (VW) nudged Toyota Motors from the top spot in global vehicles sales in 2016, results showed on Monday, Jan 30, in Tokyo, Japan.
Ant Financial, e-commerce giant Alibaba's financial arm, announced late on Thursday that it has reached a deal to acquire U.S. money-transfer company MoneyGram for 880 million U.S. dollars.
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