Financial news

• Starbucks gets burned by Wall Street analysts over high prices and too many shops

  02-02-2018 23:47 via theguardian.com
  Core market growth slows for world’s biggest coffee chain as experts say it is struggling to match investors’ expectations Wall Street experts scalded Starbucks on Friday with an opinion many caffeine lovers – and investors - have probably been frothing about for a while – the company has opened too many coffee shops and the price of a cup of joe is too darn high.Continue reading...
  
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• Dow slides as US stock market suffers worst week in two years - as it happened

  02-02-2018 22:44 via theguardian.com
  Worries over rising bond yields and inflationary pressures have hit shares this week.Latest: Dow tumbles by almost 670 pointsWorst week for US stock market in two yearsUS jobs report beats forecastsMarkets hit by bond market worries
  Roubini: Bitcoin is biggest Ponzi scheme in history9.43pm GMT New York traders will be catching their breath and counting their losses after this week’s declines.Wall Street ended its worst week in two years on Friday with another sharp fall as markets in Europ
  
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• Dow Jones suffers worst fall in two years amid fears of interest rate rise

  02-02-2018 22:15 via theguardian.com
  Apple, Visa and Exxon among biggest fallers as American and European stock markets tumble from record highsWall Street ended its worst week in two years on Friday with another sharp fall as markets in Europe also continued to tumble from the record-high levels reached less than a month ago. Investors headed for the exits amid growing fears over a bond market rout, triggered by early signs of inflation in the US as economic growth accelerates and wages appear to finally be rising after years of s
  
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• Yorkshire coal plant to close with loss of 130 jobs

  02-02-2018 18:01 via theguardian.com
  Eggborough’s failure to get capacity market contract proved final straw for power stationA major coal power station in Yorkshire will close at the end of September after it failed to secure a government subsidy to provide backup power next winter. Continue reading...
  
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• Let’s move to Stroud, Gloucestershire: a spirited community in the Cotswolds

  02-02-2018 17:30
  Yes, the green welly brigade is in evidence, but this market town is one of those rare spots in the countryside where Guardian readers can be out and proudWhat’s going for it? It’s not often one yearns to set eyes upon a concrete multistorey car park. But Stroud is a welcome corrective to most Cotswolds towns, which are a succession of cutie pies, all Country Casuals, antiques shops and unmuddied green wellies, like scoffing three boxes of Thorntons with The Waltons on loop.First of
  
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• UK financial watchdog to probe private pension sector abuse - Financial Times

  02-02-2018 14:04
  Pensions & Investments
  UK financial watchdog to probe private pension sector abuse
  Financial Times
  The UK's financial watchdog is scrutinising the £400bn private-pension sector over concerns that products might be too complex, with customers locked into uncompetitive products. The Financial Conduct Authority said on Friday that it stood ready to ...
  UK Financial Conduct Authority to look at individual DC market risksPensions & Investments
  UK's Financial Conduct Authority Seeks Fee
  
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• Ripple price LIVE: XRP plunges $12.9 BILLION in 24 hours as cryptocurrency market wobbles

  02-02-2018 08:41 via feedproxy.google.com
  RIPPLE crashed by a whopping $12.9billion from yesterday's high with its price plunging below the dollar mark today. Here is the latest Ripple price news and live updates on XRP, bitcoin and Ethereum.
  
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• Ripple price: Why is Ripple XRP falling today? Why is it crashing in value?

  02-02-2018 08:36 via feedproxy.google.com
  RIPPLE’s XRP cryptocurrency has plunged in value over the past few weeks and is now close to sinking back below little over $0.80. But why is Ripple’s price falling today?
  
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• Bitcoin price: Why is Bitcoin BTC falling today? Will it continue to fall?

  02-02-2018 08:32 via feedproxy.google.com
  BITCOIN’s price has plunged by about $25billion in the past 24 hours and the cryptocurrency looks set to suffer another disappointing day on the markets. But why is bitcoin falling today?
  
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• What does Germany want from Brexit? Brexit Means ... podcast

  02-02-2018 08:00 via theguardian.com
  This week, we discuss Germany in the second of our occasional series on how different EU27 countries view Brexit – what they make of Britain’s decision to leave and why, how they are responding, and what they want from a final dealGermany: an EU member state that weighs perhaps more heavily in the equation than most of the EU27 not just because of its size and the importance of its role in the EU’s decision making but also because it Britain’s biggest single trading partn
  
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• Grade I listed homes for sale – in pictures

  02-02-2018 08:00
  Want to own a piece of history? Here are five of the best properties on the marketContinue reading...
  
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• Bitcoin price PLUNGE: Will it stop? Nightmare 24hrs for investors as Bitcoin falls 17%

  02-02-2018 07:45 via feedproxy.google.com
  THE SUDDEN plunge of bitcoin has continued as the cryptocurrency’s value dropped to just $8,369 after it plunged by more than 17 per cent in 24 hours.
  
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• FORGET Bitcoin! Crypto investor names NEXT BEST currency to look out for in coming months

  02-02-2018 07:38 via feedproxy.google.com
  BITCOIN should be on the lookout for further competition as more evolved cryptocurrencies prepare to be launched into the crypto space, BK Capital Management founder Brian Kelly said.
  
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• Bitcoin price PLUNGE: Will it stop? Nightmare 24hrs for investors as Bitcoin falls 15%

  02-02-2018 06:46 via feedproxy.google.com
  THE SUDDEN plunge of bitcoin has continued as the cryptocurrency’s value dropped to just $8,665 after it plunged by more than 15 per cent in 24 hours.
  
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• Bitcoin price WARNING: ‘Will hit $50,000’ but end ‘really BADLY’ for investors says expert

  02-02-2018 06:40 via feedproxy.google.com
  BITCOIN could “hit $50,000 ” before the cryptocurrency crashes and ends “really badly” for investors, the “Wolf of Wall Street”, Jordan Belfort, has claimed in a desperate effort to warn the world.
  
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• Bitcoin price BOOST: 'Bitcoin boy' predicts market BOOM – 'Own fault if not a millionaire'

  02-02-2018 06:24 via feedproxy.google.com
  BITCOIN traders who do not become millionaires in the next 10 years have only themselves to blame as the market still poses a massive opportunity, a teenage cryptocurrency millionaire has warned.
  
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• VW scandal: emissions cheats could face criminal charges

  02-02-2018 01:01 via theguardian.com
  Transport minister unveils new measures allowing government to prosecute carmakersCarmakers who cheat emissions rules with illegal devices could face unlimited fines and criminal charges for deceiving environmental tests under new measures set to be introduced in the wake of the Volkswagen scandal.
  The transport minister, Jesse Norman, launched a consultation on Friday to outline the crackdown, although any law will not be retrospective so could not be used to target Volkswagen. Continue reading
  
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