When Walt Disney opened a monorail at his California Disneyland in 1959, he thought it would be the future of mass transit. For a long time, that seemed unlikely. Although a few cities have built successful monorails, for many people they remained synonymous with amusement parks, a notorious “Simpsons” episode and a future that never quite arrived. Thankfully, that’s …

  Once upon a time, there was a lot of optimism that the blockchain — the technology underlying Bitcoin — would help the finance industry deal with a big headache: post-trade processing, the often long and arduous task of making sure money and securities change hands and everybody knows who owes what to whom. The problem might yet get solved, …

  Reuters Stock markets in the United Arab Emirates and Qatar jumped on Monday as crude oil prices shot to their highest since mid-2015, but the uptrend in Saudi Arabia lost steam as investors anticipated the state budget. Brent crude soared as high as $57.89 per barrel on Monday morning in response to the weekend deal between OPEC and non-OPEC …