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Bitcoin volatility caused by surge in demand, slow software
2013-04-11 13:29:59| InfoWorld: Top News
Bitcoin's roller-coaster price swings on Wednesday were caused by an influx of new buyers and software that couldn't keep up, according to the largest exchange, Mt. Gox. People trading bitcoin on the Tokyo-based exchange saw its price hit $266 at one point, then fall to as low as $105 with high lag times for trades. The surge in interest in bitcoin has overwhelmed Mt. Gox.
Tags: software
caused
slow
demand
Krona Surge Aids Survival of Fittest, Swedish Export Lender Says
2013-04-09 07:36:28| Appliances - Topix.net
The krona's strength will help discipline companies and poses little risk to the economy as a whole as imports grow more affordable, the head of Sweden 's state-owned export lender said.
Tags: says
export
aids
survival
ITALY: Prada FY profits surge on rising sales
2013-04-08 12:39:00| Daily apparel & textile news and comment - from just-style.com
Italian luxury group Prada saw full year net income surge on rising sales.
Tags: sales
italy
rising
profits
Cadillac drives sales surge for General Motors
2013-04-07 12:06:00| Automakers - Topix.net
Cadillac's $33,095 ATS small model drove a 49 percent rise in sales last month for General Motors Co.'s luxury line.
Tags: general
sales
drives
motors
GLOBAL: Cotton price surge could be due to China building reserves
2013-04-02 14:36:57| Daily apparel & textile news and comment - from just-style.com
A recent surge in cotton prices could be due to concerns about a tightening supply-demand balance outside of China as China continues to build reserves, according to the International Cotton Advisory Council (ICAC).
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