Financial news

• Bitcoin price BOOST: Expert reveals why bitcoin is NEVER going to ZERO

  26-01-2018 23:53 via feedproxy.google.com
  BITCOIN will not drop to zero dollars, the CEO of Earn.com and an early cryptocurrency investor has revealed.
  
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• Is buying bitcoin risky? ‘BTC is a GAMBLE’ blasts Bank of Nigeria in dire warning

  26-01-2018 21:41 via feedproxy.google.com
  BITCOIN investors have been told to stay away from the cryptocurrency by the Central bank of Nigeria Governor, amid fears that investing in BTC is a dangerous and risky “gamble”.
  
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• Bombardier wins fight against huge tariffs on aircraft imports

  26-01-2018 21:40 via theguardian.com
  Defeat for Trump administration could save thousands of jobs at company’s Belfast operation
  Thousands of jobs in Northern Ireland appear to have been saved after plane maker Bombardier won a legal battle in the US that has overturned damaging import tariffs on its C-series aircraft.On Friday the US International Trade Commission (ITC) voted unanimously against Boeing in favour of its Canadian rival Bombardier after Donald Trump’s administration had threatened to impose duties of 292%
  
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• Bitcoin LATEST: Cryptocurrency giants fails to bounce back in terrible month

  26-01-2018 20:13 via feedproxy.google.com
  BITCOIN is finding it hard to return to the highs of December 17 when it was valued at $20,000 after increasing opposition from various countries.
  
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• IMF chief warns Trump's tax cuts could destabilise global economy

  26-01-2018 19:48 via theguardian.com
  Reforms may threaten recovery and lead to bigger US budget deficit, says Christine Lagarde Donald Trump’s huge tax cuts are a threat to the stability of the global economy, the managing director of the International Monetary Fund has warned.Christine Lagarde singled out Trump’s tax reforms as one of three risks that could destabilise the current economic recovery, especially given the boom in stock markets in the past year. Continue reading...
  
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• ‘Bitcoin is completely trustworthy’ Cryptocurrencies defended in Davos

  26-01-2018 19:28 via feedproxy.google.com
  BITCOIN is grabbing peoples attention because “people do not trust banks any more” and bitcoin is an alternative according to a debate at the World Economic Forum in Davos where experts discussed cryptocurrencies.
  
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• 'Microsoft' fraudster convicted but avoids jail

  26-01-2018 19:25
  Cold calling company persuaded victims to hand over payments to ‘save’ PC from virus or hackingA fraudster behind the Microsoft computer scam – in which people are duped into paying hundreds of pounds for fake services – has been convicted in court but has avoided jail after pleading guilty. Narendra Harilal Vadgama, 56, from Barrow upon Soar, Leicestershire, took up to £499.99 from his victims, with some paying multiple times.Continue reading...
  
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• Davos 2018: Trump puts North Korea high on agenda in 'America first' speech - as it happened

  26-01-2018 18:29 via theguardian.com
  Rolling coverage of the final day of the World Economic Forum in Davos, including Donald Trump’s speechTrump’s speech covers trade deals, North Korea and immigrationBoos as President describes media as ‘nasty, mean, vicious and fake’Trump says market would be down 50% under Hillary ClintonCalls for North Korea to be de-nuked 5.29pm GMT Whether Donald Trump was right or not in his comments about the US stock market, there was no denying it was racing ahead today.Even weake
  
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• Donald Trump woos business but attacks media at Davos

  26-01-2018 17:32 via theguardian.com
  President declares US open for business as he accuses media for being nasty, mean and fake Donald Trump has taken his battle with the media on to the global stage by using a speech in Davos declaring the US open for business to accuse his press and TV critics of being mean, vicious and purveyors of fake news.Some members of the audience of business leaders, politicians, academics and media representatives at the World Economic Forum responded to the president’s renewed onslaught by hissing
  
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• Let’s move to Beverley, east Yorkshire: a delight from market square to city limits

  26-01-2018 17:30
  Beverley’s minstrels used to be quite the thing in the 14th century, like One Direction with lutesWhat’s going for it? I tell you, the misericords of Beverley Minster! You have never seen the like. And don’t get me started on the stone carving. Oh, go on then: Beverley’s minstrels used to be quite the thing in the 14th century, like One Direction with lutes, their fame preserved for posterity in limestone, drummers, pipers and hornblowers emerging from the minster’s
  
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• Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus

  26-01-2018 16:59 via theguardian.com
  Some say the firm is already overvalued at $60bn. But its founder’s vision is now truly ambitiousRacy valuations for loss-making businesses are nothing new to hard-nosed Wall Street types. The dotcom boom of the late 1990s and early 2000s made a fortune for the brave souls who backed a plethora of small start-ups that are now giants of the stock market, such as Apple, Amazon and Facebook. Plenty also lost their shirts with punts on the “next big thing”.Elon Musk knows more than
  
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• Ghost towers: half of new-build luxury London flats fail to sell

  26-01-2018 16:10
  Developers have 420 towers in pipeline despite up to 15,000 high-end flats still on the marketMore than half of the 1,900 ultra-luxury apartments built in London last year failed to sell, raising fears that the capital will be left with dozens of “posh ghost towers”. The swanky flats, complete with private gyms, swimming pools and cinema rooms, are lying empty as hundreds of thousands of would-be first-time buyers struggle to find an affordable home.Continue reading...
  
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• Take five to stop financial fraud - AOL UK

  26-01-2018 14:09
  Take five to stop financial fraud
  AOL UK
  It focuses on financial frauds directly targeting customers and is designed to remind people that it pays to stop and think by asking them to take five – to take that moment – to pause and think before they act. When it pays to STOP and THINK. Requests ...en meer »
  
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• UK insolvencies at highest level since financial crisis - The Guardian

  26-01-2018 13:58
  The Guardian
  UK insolvencies at highest level since financial crisis
  The Guardian
  The number of people who went brankrupt in 2017 soared to the highest level since the aftermath of the financial crisis, according to official figures that reveal the devastating toll of mounting debts on British households. The Insolvency Service said ...en meer »
  
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• Discounted Nutella causes chaos in French supermarkets – video

  26-01-2018 13:43 via theguardian.com
  A decision by the Intermarché store chain to offer a hefty discount on jars of Nutella – France’s favourite chocolate spread – caused near riots in shops around the country. Police were reportedly called as fights broke out among swarming customers grabbing 950g jars of Nutella reduced from €4.50 to €1.41, a 70% discount'They are like animals': French shoppers brawl over cut-price Nutella Continue reading...
  
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• John McDonnell: I'm in Davos to tell the elite they are held in contempt

  26-01-2018 13:28 via theguardian.com
  UK shadow chancellor to tell business leaders at WEF of ‘avalanche of discontent’The UK shadow chancellor, John McDonnell, has used his debut appearance at the World Economic Forum to warn leaders of global businesses that they are held in contempt by ordinary voters who have struggled through a decade of austerity.Interviewed by the Guardian in Davos, McDonnell said he found the euphoria in Davos about the modest pick-up in world growth shocking, adding that those running big corpor
  
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• Mercedes-Benz Financial Services UK appoints commercial vehicles director - Verdict

  26-01-2018 12:32
  Verdict
  Mercedes-Benz Financial Services UK appoints commercial vehicles director
  Verdict
  Nick Andrews has been appointed as commercial vehicles director at Mercedes-Benz Financial Services UK, effective from 1 February 2018. In the role, he will oversee the sales and operations of financial services for Mercedes-Benz Truck, Mercedes-Benz ...en meer »
  
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• Passenger's £900 case damaged – but airline refuses compensation

  26-01-2018 12:27
  Reader books BA flight, ends up on Vueling and bag ‘looks like someone had taken an axe to it’A small London design company is facing a £900 bill after BA’s sister airline, Vueling, trashed their salesman’s expensive metal suitcase and then refused to reimburse the firm unless they took it to a shoe repair centre more than two hours from their office.The Montreal Convention says airlines must compensate passengers if their luggage is damaged or lost up to the value
  
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• UK GDP beats forecasts but growth remains uneven

  26-01-2018 11:32 via theguardian.com
  ONS puts quarterly growth at 0.5% but warns annual pace is slowest since 2012The British economy grew at a faster rate than expected in the final three months of 2017, despite pockets of weaker and more uneven growth triggered by the Brexit vote. GDP grew by 0.5% in the fourth quarter after expansion of 0.4% in the previous three months, according to the Office for National Statistics (ONS). City economists had forecast growth of 0.4%.Continue reading...
  
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• George Soros: Facebook and Google a menace to society

  26-01-2018 08:35 via theguardian.com
  Billionaire says social media companies’ ‘days are numbered’Soros warns of ‘far-reaching adverse consequences’ for democracyFacebook and Google have become “obstacles to innovation” and are a “menace” to society whose “days are numbered”, said billionaire investor and philanthropist George Soros at the World Economic Forum in Davos on Thursday.“Mining and oil companies exploit the physical environment; social media companies
  
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• UK-based companies failing to report annual financial results in a ... - PR Newswire UK (press release)

  26-01-2018 08:04
  UK-based companies failing to report annual financial results in a ...
  PR Newswire UK (press release)
  Despite huge technological advances, and the UK's biggest companies spending billions on financial systems, very few stakeholders benefit from improved timeliness of corporate financial reporting or earlier annual report and accounts production ...en meer »
  
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• Arts and Crafts homes for sale – in pictures

  26-01-2018 08:00
  Admire the workmanship on these handcrafted homes, from Devon to the Clyde Continue reading...
  
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• Project fear DEBUNKED: Brexit impact on financial services 'will be ... - Express.co.uk

  26-01-2018 07:43
  Express.co.uk
  Project fear DEBUNKED: Brexit impact on financial services 'will be ...
  Express.co.uk
  THE FINANCIAL services sector is one of the least vulnerable to Brexit as it is already highly globalised and has a low dependency on the European Union's markets, new research has revealed.en meer »
  
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• George Soros: Facebook and Google are a menace to society

  26-01-2018 00:03 via theguardian.com
  Billionaire says social media companies’ ‘days are numbered’Soros warns of ‘far-reaching adverse consequences’ for democracyFacebook and Google have become “obstacles to innovation” and are a “menace” to society whose “days are numbered”, said billionaire investor and philanthropist George Soros at the World Economic Forum in Davos on Thursday.“Mining and oil companies exploit the physical environment; social media companies
  
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