Tag archive for ‘City Business Finance’
By news On Tuesday, February 20th, 2018
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Bitcoin crash: Retail investors to ‘bear the brunt’ if cryptocurrencies suddenly collapse | City & Business | Finance

The new information comes at a time Bitcoin and other cryptocurrencies appear to be making a recovery after a period of tumultuous prices. (adsbygoogle = window.adsbygoogle || []).push({}); The report More...

By news On Tuesday, February 20th, 2018
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Cryptocurrency news: Bitcoin has ‘FAILED’ as a currency, Bank of England boss declares | City & Business | Finance

The governor made these comments whilst giving a talk to students at London’s Regent’s University. Mr Carney said: “It has pretty much failed thus far on … the traditional aspects of money. It is not More...

By news On Monday, February 19th, 2018
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ECB goes to WAR with Latvia: Euro chiefs freeze payments by top bank | City & Business | Finance

The controversy began last week when the US Treasury accused ABLV of “institutionalised money laundering,” saying the firm allowed clients to bypass international conventions and conduct business with More...

By news On Monday, February 19th, 2018
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Litecoin cash price live: Litecoin fork value SURGES after split | City & Business | Finance

Litecoin Cash is the “hard fork” of the fifth largest cryptocurrency on the market. The token split from Litecoin on Sunday just days after the crypto saw prices rise by 30 percent last week. What is the price More...

By news On Sunday, February 18th, 2018
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Royal Bank of Scotland: The Government should cut their losses and sell up | City & Business | Finance

On this unhappy anniversary, we need to acknowledge that as there is no chance whatsoever that the Treasury will ever recover all of the money it is owed, there is no point in it continuing to be a shareholder. Once More...

By news On Sunday, February 18th, 2018
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Bitcoin news: Cryptocurrency fans furious as JP Morgan point out ‘design flaw’ | City & Business | Finance

The bank has claimed that bitcoin will not be able to properly deal with a liquidity crisis in the event of an economic shock. In the US, when such shocks have occurred, central banks pump additional cash into More...

By news On Saturday, February 17th, 2018
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Bitcoin mining moves to Iceland: Cryptocurrency hotbed emerges | City & Business | Finance

In fact, so big is the industry, more green energy will be using creating the cryptocurrency than powering homes this year. The MoonLite Project is to be set up in Iceland and will run data centres to mine high More...

By news On Saturday, February 17th, 2018
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Retail: Fitness equipment spending fails to boost UK sales growth | City & Business | Finance

This was well below economists’ forecasts of 0.5 per cent growth, while the 1.6 per cent year-on-year improvement also undershot predictions. Shoppers’ budgets have been squeezed as wage growth has struggled More...

By news On Saturday, February 17th, 2018
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Oil cuts may take big toll on Russian economy | City & Business | Finance

Cuts in crude production as part of the Organisation of the Petroleum Exporting Countries-led (OPEC) supply pact could deal a major blow to the oil-dependent Russian economy. In October 2016 Russia pledged to cut More...

By news On Saturday, February 17th, 2018
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US will not be regulating Bitcoin any time soon | City & Business | Finance

White House cybersecurity coordinator and special assistant to Mr Trump, Rob Joyce, said the US is still studying the pros and cons of cryptocurrencies before launching any regulations. Speaking to CNBC at the More...