Financial news

• Twitter shares tumble on concerns about hacking activity

  17-12-2018 23:51
  Company discovered suspicious traffic to a customer-support forum while investigating a security bug that exposed dataTwitter shares fell almost 7% after the company said it was investigating unusual traffic that might be from state-sponsored hackers and, in what appeared to be an unrelated issue, a security firm said hackers used the platform to try to steal user data. Related: After a year from hell, Facebook parties like it's 2017Continue reading...
  
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• Bitcoin price news: Why is bitcoin rising today? BTC price SOARS

  17-12-2018 20:44 via feedproxy.google.com
  BITCOIN has reached an almost 9 percent increase compared to its price 24 hours ago, but what is behind the cryptocurrency increase?
  
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• MEPs to scrutinise ExxonMobil's alleged role in climate change misinformation

  17-12-2018 18:57
  Campaigners welcome move over claims firm knew of global warming dangers for decadesExxonMobil’s alleged role in spreading misinformation about climate change will be scrutinised by the European Union for the first time, in a move welcomed by campaigners.The world’s biggest international oil company has been investigated in the US over allegations that it knew about the dangers of global warming for decades but deceived the public over the risks, a charge the firm has rejected. Conti
  
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• Bitcoin price HIGH: BTC peaked at $20,000 one year ago – How much is bitcoin worth today?

  17-12-2018 18:10 via feedproxy.google.com
  BITCOIN prices soared to almost £15,592.50 per token this time last year before trading slumped and the cryptocurrency crashed – but how much is the digital currency worth today?
  
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• It's long past time to give auditors teeth | Nils Pratley

  17-12-2018 17:15
  Action to rein in the ‘overly consensual’ big four should have been taken 10 years ago
  Believe in reform of the audit market only when the government legislates to make it happen, but the start of the process carries a welcome whiff of seriousness.One can’t call the proposals radical, because many of the recommendations are merely commonsense solutions to ancient problems. Action should have happened a decade ago when the banks, boasting healthy reports from their auditors, fel
  
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• Germany BANKRUPTCY warning over wave of financial distress 'to hit companies NEXT YEAR'

  17-12-2018 16:38 via feedproxy.google.com
  GERMANY has been warned to brace for a wave of bankruptcies next year with the car industry particularly in the danger zone, according to an insolvency administrator.
  
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• Bitcoin SOARS: BTC climbs above $3,400 as it ROCKETS to biggest daily rise in three weeks

  17-12-2018 16:33 via feedproxy.google.com
  BITCOIN climbed above $3,400 today as the cryptocurrency soared toward its biggest daily rise in almost three weeks.
  
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• 'Peak stuff', interest rates and a dollop of Brexit have retailers worried

  17-12-2018 15:50 via theguardian.com
  The UK high street is suffering and now even online outlets are feeling the pinchTake a high street in the throes of structural upheaval. Add a large dollop of Brexit uncertainty, a pinch of unusually warm weather and what do you get? The sort of dish that will turn the stomach of even the toughest retailer.This is the crunch time for shops and online shopping outlets. Christmas is when consumers tend to spend more freely and many retailers make their profits. Last year, November and December ac
  
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• 'I felt like I had to leave': life as a gay, female tech CEO

  17-12-2018 15:00
  Hayley Sudbury is a rare presence in the male-dominated tech world – a woman, CEO, and gay. Here, she discusses opening up the industry to LGBT workersIt’s hard enough being the only woman in the room, and then to come out as gay? It’s even harder, says Hayley Sudbury. But there’s a “different energy” when you have a diverse workplace that includes people of different backgrounds, ethnicities and genders. “That’s what gets me out of bed in the morn
  
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• Are YOU sitting on a small fortune? Most wanted second-hand items that could make YOU cash

  17-12-2018 13:51 via feedproxy.google.com
  WHETHER you need extra money for Christmas or just feel the need for a clear-out, Britons are being told they could be sitting on a small fortune in unwanted possessions.
  
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• Pound euro exchange rate: GBP steady against EUR as eurozone inflation sags

  17-12-2018 12:40 via feedproxy.google.com
  THE pound is trading against the euro at a rate of €1.112 this morning – almost unmoved against its opening level.
  
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• Bitcoin WARNING: BTC will be ‘WORTHLESS and have ZERO VALUE’ in 2019

  17-12-2018 12:19 via feedproxy.google.com
  BITCOIN is finished, according to one of the industry’s most influential figures.
  
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• Pound LIVE: GBP Sterling holding ground against euro as May prepares for Brexit WARNING

  17-12-2018 11:10 via feedproxy.google.com
  THE pound euro exchange rate is holding steady this morning as Brexit developments continue to be the main influencer for the pairing.
  
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• ASOS shares NOSEDIVE after online retailer issues PROFITS WARNING in run-up to Christmas

  17-12-2018 09:53 via feedproxy.google.com
  ASOS shares plunged at the stock market open today after the online retailer issued a sales and profits warning.
  
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• Laura Ashley to CLOSE DOWN 40 shops in latest battering for UK high street

  17-12-2018 09:20 via feedproxy.google.com
  LAURA Ashley is to close around 40 stores in the latest loss for the UK high street.
  
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• The music business I knew was a sexist hell. But things are changing | Penny Anderson

  17-12-2018 09:00
  I witnessed appalling behaviour in the 90s. Yet overhearing a band’s conversation recently tells me progress has been madeRecently, while travelling, I stopped for coffee and overheard a conversation that restored my faith in humanity. It was an interaction that fired my memory about the old days when I worked in the music business. It involved an unknown, new group, who were sacking a band member. In the tumultuous birth of emerging artists, this is nothing unusual, but what struck me her
  
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• Goldcar said I drove 4,000km – and charged £500 extra

  17-12-2018 08:00
  I provided evidence of my Google location history, but the car hire firm failed to respondWe rented a car for a week from Goldcar’s Malaga depot. It was returned and signed off with no indication of any problems. The next day an email claimed that instead of the 150km a day the rental allowed, we had driven 4,089km. As a result it was imposing a £478 excess mileage charge. I have provided our Google location history and hotel and bank statements backing up where we went, but it has f
  
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• Do I count as a first-time buyer if I inherit a share of a home abroad?

  17-12-2018 08:00
  I’m worried I’ll lose my bonuses in a help-to-buy Isa and/or relief from stamp duty land tax Q My partner and I are looking to buy our first home in London together so have both been saving in help-to-buy Isa accounts. However, I am soon inheriting a share of a property in Finland. I understand that this apparently ruins my chances of benefiting from any first-time buyer advantages here in UK as I am not allowed to own or have owned any other property beforehand, even overseas.After
  
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• Housing market: average UK asking price dips £10,000

  17-12-2018 07:01
  Larger than usual festive slowdown alarms market with London, east and south-east England worst hit Asking prices for homes coming on to the market in the UK are nearly £10,000 lower than they were in October, as the property market headed for its worst annual performance in almost a decade.The average asking price of a UK home dipped by 3.2%, or £9,719, between October and December to £297,527, according to the property website Rightmove, with prices dipping 1.7% and 1.5% in N
  
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• Workers’ rights? Bosses don’t care – soon they’ll only need robots | John Harris

  17-12-2018 07:00
  Tech companies like Amazon make massive profits yet seem to treat their staff appallingly. As we click, we should consider the dystopia to comeAs anyone with a TV will know, Amazon’s Christmas ad campaign is built around a surreal fantasia in which its delivery boxes acquire voices and become a global choir, belting out the Jacksons’ 1980 hit Can You Feel It. It’s pretty clear why Amazon chose the song: the music conveys euphoric optimism, while its lyrics evoke a feelgood cree
  
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• Competition rages as growers and sellers prepare for 'peak poinsettia week'

  17-12-2018 07:00 via theguardian.com
  Some UK firms forgo their profits and treat the Christmas must-have as a loss leaderThe blaze of red blooms stretches as far as the eye can see, a riot of colour inside the vast greenhouse and a stark contrast with the grey rainy December sky above. The plants will be gift-wrapped the following morning and despatched to Marks & Spencer’s depots for delivery in time for “peak poinsettia week”.The poinsettia is Marks & Spencer’s biggest selling plant at Christmas. I
  
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