Financial news

• Bitcoin's latest rival: THIS currency has SOARED in 2018 as cryptos plummet

  10-04-2018 22:19 via feedproxy.google.com
  BITCOIN has a new rival as cryptocurrencies plummet in value since the start of the year, but one has bucked the trend and grown by almost 30 percent.
  
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• Dow Jones rises nearly 400 points as President Xi eases fears of a trade war

  10-04-2018 22:00 via feedproxy.google.com
  US STOCKS rallied on Tuesday after Chinese President Xi Jinping's vow to "open" the country's economy appeared to alleviate fears of a trade war between thw two superpowers.
  
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• Wall Street sighs with relief as Xi Jinping finds the right words

  10-04-2018 20:25
  China’s leader probably guesses that Donald Trump will not be quite so easy to pleaseIt says something when Wall Street trembles at every public statement from the leader of the free world but takes comfort from the general secretary of the Chinese communist party, but that seems to be the current state of the world.Share prices rose strongly on Tuesday from the opening after Xi Jinping pledged to lower protectionist barriers and to take seriously complaints from foreign companies about in
  
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• Bitcoin criminal gang SMASHED by Spanish police - 11 arrested over money laundering

  10-04-2018 20:21 via feedproxy.google.com
  AN alleged BITCOIN criminal gang has been smashed as the Spanish Civil Guard arrested 11 people and launched investigations into 137 others in a major money laundering probe.
  
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• REVEALED: Millions of younger Brits expect to carry on working after the age of 70

  10-04-2018 19:39 via feedproxy.google.com
  MILLIONS of younger Brits expect to carry on working after the age of 70, it emerged today.
  
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• Dow Jones rallies strongly after China promises lower tariffs

  10-04-2018 19:10
  President Xi Jinping pledges pro-western reforms, raising hopes of an end to trade row with the USWall Street has staged a sharp recovery after the Chinese president, Xi Jinping, promised economic reforms and lower import tariffs, soothing fears over the country’s simmering trade standoff with the US.Related: Xi Jinping warns against 'arrogance' amid threat of trade war with USContinue reading...
  
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• Booze bargain hunt: the best budget supermarket tipples

  10-04-2018 18:54 via theguardian.com
  With a £10 gin from Aldi named one of the best in the world, the likes of Lidl and Asda are giving drinkers cause for cheer. Here’s our guide to the best hidden treasuresCraft gin aficionados might be surprised to learn that a £10 supermarket gin has been named one of the best gins in the world at the International Spirits Challenge. Aldi’s Oliver Cromwell gin sells for £9.99 and yet won a gold medal ahead of such prestigious names as Gordon’s, Beefeater and S
  
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• Ethereum price news: Why is Ethereum dropping past $400? What is the price of Ether?

  10-04-2018 18:48 via feedproxy.google.com
  ETHEREUM has been dealt another big blow as prices tumble further into the red. Traders hoped Ether would recover, so why is Ethereum dropping past $400? What is the price of Ether?
  
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• Berlin tops the world as city with the fastest rising property prices

  10-04-2018 18:44
  Average prices leapt 20.5% last year, prompting warnings of a property bubble waiting to burstBerlin has emerged as the frothiest property market in the world, with the city engulfed by expensive highrise developments and speculative buying that threatens its traditionally low rents and hip arts scene.Prices in Berlin jumped by 20.5% in 2017, according to the property consultancy Knight Frank, with other German cities also displacing cities in China in terms of rising prices.Continue reading...
  
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• A rosy future: Nestlé launches pink KitKats with ruby chocolate

  10-04-2018 17:58
  Swiss experts spent decade developing naturally coloured cocoa on sale in UK this weekThe chocolate coating is an Instagrammable lurid lipstick pink with the promise of a unique “intense fruity taste”.
  UK consumers will next week be the first in Europe able to buy Nestlé’s four-finger KitKat, made with so-called ruby chocolate from specially selected cocoa beans. Continue reading...
  
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• Airbnb royal wedding boom: Meghan Markle and Prince Harry spark SURGE in tourism

  10-04-2018 17:18 via feedproxy.google.com
  MEGHAN Markle and Prince Harry's upcoming royal wedding is expected to trigger a surge in tourism in some unlikely tourist hotspots with Slough and Windsor seeing a flurry of guests, according to Airbnb.
  
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• EDF warns of delays at Flamanville nuclear power station in France

  10-04-2018 15:50
  Experts fear UK’s planned Hinkley plant will face similar budget and deadline problems EDF Energy has warned that a flagship nuclear power station it is building in France could run further behind schedule and over budget, after it detected faults at the €10.5bn ( £9.2bn) plant.The French state-owned firm said inspections last month had uncovered problems with welding on pipes at the Flamanville plant in north-west France.Continue reading...
  
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• UK interest rates should be raised without delay, says Bank's McCafferty - as it happened

  10-04-2018 15:45
  Chinese president promises to lower import tariffs, easing fears of trade war 2.45pm BST Stock markets are moving higher after a speech by China’s president Xi at the Boao Forum defused some of the fears of a trade war between Beijing and the US. Xi said China would take measures to widen market access for foreign investors and would lower import tariffs on products including cars.However China is reported to have filed a complaint with the World Trade Organisation over the proposed US tar
  
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• Brexit BONANZA! HSBC survey says UK business will 'OUTPACE EU' for fastest growth in years

  10-04-2018 15:11 via feedproxy.google.com
  BREXIT Britain can “expect” a UK growth of “10 per cent” which would be the fastest since 2011 as UK businesses explore exciting new markets, an animated HSBC chief declared while reviewing her banks survey.
  
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• Macron’s Utopic vision WILL FAIL: Germany will RESIST president’s Eurozone reforms

  10-04-2018 15:07 via feedproxy.google.com
  EMMANUEL Macron’s plans to reform the Eurozone face huge resistance across Europe, a top expert has warned. Although Germany might be warming to the idea for very different reasons.
  
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• Bitcoin's soaring value was down to 'infected' buyers, economists say

  10-04-2018 15:03
  Barclays analysts compare speculation in digital currency to spread of infectious diseaseThe rise of bitcoin has comparisons with the spread of an infectious disease, according to economists who argue the digital currency may have peaked in value as more consumers become immune to its appeal. Analysts at Barclays said the soaring value of the digital currency last year, when prices rose by more than 900%, was helped by new buyers being “infected” by the euphoria surrounding bitcoin.
  
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• Ripple price news: Why Ripple prices falling today? What happens if XRP reaches a dollar

  10-04-2018 14:48 via feedproxy.google.com
  RIPPLE continues its tumble down into the red today, despite a positive weekend, as another week of red results looks to rock the crypto-world. Why are Ripple prices falling today? What happens if XRP reaches a dollar?
  
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• Bitcoin price news: Bitcoin prices CRASH below $7k again. What is the price of bitcoin?

  10-04-2018 14:31 via feedproxy.google.com
  BITCOIN fails to rally again as prices CRASH hard through the red and drop below $7k. Why is bitcoin falling again? What is the price of bitcoin?
  
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• iOS 11.3 update breaks iPhone 8 devices with third party-repaired screens

  10-04-2018 13:31 via theguardian.com
  Software update disables touchscreen on £700-plus smartphones that have not had their screens repaired by AppleApple’s latest iOS 11.3 software update is causing iPhone 8 devices with third-party repaired screens to stop working.
  Users who have had a screen repair performed by a third party, rather than with Apple, on their iPhone 8 smartphones found that the iOS 11.3 update stopped the touchscreen from working, reports Motherboard. The update was pushed out on 29 March, introducing
  
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• Glencore starts cutting ties with Russian oligarch Deripaska

  10-04-2018 11:51
  Planned 8.75% stake swap with aluminium tycoon’s firm cancelled after new US sanctionsGlencore, the world’s largest commodities trader, has begun cutting its ties with the Russian aluminium tycoon Oleg Deripaska after new US sanctions against his business empire.Glencore said it had cancelled the planned swap of its 8.75% stake in the Russian aluminium maker Rusal, which is controlled by Deripaska, for shares in the London-listed En+ Group, another of the oligarch’s companies.
  
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• Customers face above-inflation price hike as British Gas raises bills by 5.5%

  10-04-2018 11:17
  Average home to now pay on average £1,161 a year as supplier blames rising wholesale prices and green subsidiesMillions of British Gas customers will see their energy bills rise by 5.5% to an average £1,161 a year, sparking criticism from the government and consumer groups.Ministers called the hike unjustified and said they were disappointed by the move.Continue reading...
  
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• UK could ban livestock exports for slaughter after Brexit, says Gove

  10-04-2018 11:03
  Environment secretary proposes increasing welfare standards as he launches consultation on banThe UK could impose a ban on the export of live animals for slaughter after Brexit, according to Michael Gove. The environment secretary has launched a consultation into a ban and called on industry experts and campaigners to submit evidence. The consultation will also look at the possibility of introducing higher welfare standards for the transportation of live animals.Continue reading...
  
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• Our Green Star energy meter is anything but smart

  10-04-2018 08:00
  We’ve been losing income from our solar panels since it was installedWe have a problem with our energy supplier, Green Star. In February it offered us the free installation of a smart meter, and it seemed like a good idea to go ahead. A young man changed both the electricity and gas meters. He was only here for a very short time, even though he initially expressed concern that it would be impossible to fit a new gas meter because of the lead piping attached to the old one.A week later, on
  
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• Waitrose to remove all disposable coffee cups from shops this year

  10-04-2018 07:01
  Supermarket’s customers will still be able to claim free drink if they bring a reusable cupWaitrose plans to remove all disposable coffee cups from its shops by this autumn as part of efforts to reduce plastic and packaging waste and stop millions going into landfill. Customers who belong to the myWaitrose loyalty scheme will still be able to get free tea or coffee from the stores’ self-service machines but will be instead be asked to use a refillable cup, the company said.Continue r
  
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• Keep close trade ties with EU post-Brexit, UK government warned

  10-04-2018 01:01
  The IoD says EU provides strong growth for British businesses selling goods overseasThe UK should not prioritise making trade deals around the world at the expense of maintaining close ties with the European Union following Brexit, the government has been warned.The Institute of Directors, one of the country’s top business lobby groups with more than 30,000 members, said ministers would need to boost trade with both the EU and the rest of the world to make their “global Britain&rdquo
  
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