Cryptoforhealth Twitter Scam exposes the benefits of cryptocurrency, not the flaws July 21, 2020 Bitcoin tends to get a bad wrap and has ever since its inception. It’s a useful headline for the media, doom mongers and legacy protectors that always have a go. The truth is that the scale of this activity in the cryptocurrency space pales in significance compared to the multi billion dollars scammed everyday from [...]
Cudos and Tingo join forces to unleash potential of $90 million in passive income November 17, 2021 Mobile fintech pioneers Tingo and blockchain oracle network Cudos have just announced a massive partnership as a mission to tackle poverty through monetising mobile phone applications.
The digital asset inflation hedge beyond gold June 18, 2020 The extent of money supply increases needed to facilitate stimulus packages by sovereign central banks to counter the negative effects of the current crisis will dictate the inflationary pressures that ensue. Current world currencies are driven in a large part by expectation value and when confidence wanes there is a flight to alternative stores of [...]
Exclusive: Businesses call on govt to set global standards on environmental impacts June 1, 2021 Businesses are calling on the government to set clear global standards for recording their impact on the environment. A host of CEOs from across the business world, including James Timpson and Schroders’ Peter Harrison, have said that making it cheaper and easier for firms to record their environmental impact would make it easier not just [...]
BoE policymaker: ‘Five per cent interest rates won’t return in my lifetime’ February 22, 2021 Bank of England policymaker Gertjan Vlieghe said he did not expect British interest rates to return to levels common before the 2008 financial crisis during his lifetime, due partly to the effect of an ageing population. Vlieghe, 49, said longer life expectancies and more time spent in retirement had boosted demand for safe retirement assets, [...]
Wetherspoons in the red as Tim Martin calls for end to lockdown ‘mayhem’ March 19, 2021 Pub giant JD Wetherspoon today reported a half-year pre-tax loss of £46.2m as Covid restrictions forced hundreds of its pubs to close through key holiday seasons. Wetherspoon’s operating loss hit £20.7m, while revenue sunk by more than 53 per cent to £431.1m Like-for-like sales were also down by almost 54 per cent for the six [...]
Car production tumbles again in worst February for a decade March 26, 2021 UK car production fell 14 per cent last month as the sector suffered its weakest February for over a decade. Just 105,008 units rolled off production lines last month, according to new figures released today by the Society of Motor Manufacturers and Traders (SMMT). It was the eighteenth straight month of declining car production in [...]
Brothers in qualms: Goldman and Clifford Chance City bros charged with insider dealing and fraud February 16, 2021 Two brothers, one working for Goldman Sachs and the other for Clifford Chance, have been charged with insider dealing and fraud offences. Following an investigation, city watchdog the Financial Conduct Authority (FCA) has commenced criminal proceedings against Mohammed and Suhail Zina. The proceedings relate to six offences of insider dealing, and three offences of fraud [...]
Institutional clients are here but is the crypto market ready to welcome them? April 15, 2021 Developing the right products to serve institutional clients is the key for the crypto industry to reach mainstream adoption, says Konstantin Anissimov, Executive Director at CEX.IO.
City A.M. TV – Daily Market Snapshot (video) February 16, 2021 After ‘pausing’ for most of last week, global equity markets continued to break out to the upside yesterday and overnight. Both the S&P500 and the NASDAQ, for example, have once again made new record highs; Asian indices have squeezed higher; while the UK’s FTSE100 rallied sharply yesterday (closing up +2.5 per cent, and breaking above [...]