Bitcoin’s value was still down 8.85% percent over the 24 hour period since Elon Musk’s shock announcement that Tesla will no longer accept Bitcoin as a form of payment due to environmental factors. Musk’s announcement on Wednesday evening initially caused a huge 17 percent drop in the price of the world’s largest cryptocurrency, but it recovered … Read more
Bitcoin’s value was still down 8.85% percent over the 24 hour period since Elon Musk’s shock announcement that Tesla will no longer accept Bitcoin as a form of payment due to environmental factors. Musk’s announcement on Wednesday evening initially caused a huge 17 percent drop in the price of the world’s largest cryptocurrency, but it recovered … Read more
Inflation has set in across America and is on the up, with consumer prices rising by 4.2 percent since April last year, the highest since the months preceding the 2008 global crash, as the economy dives into recovery mode after a COVID-19 catastrophe. The Consumer Price Index – which surveys the prices of every day … Read more
Inflation has set in across America and is on the up, with consumer prices rising by 4.2 percent since April last year, the highest since the months preceding the 2008 global crash, as the economy dives into recovery mode after a COVID-19 catastrophe. The Consumer Price Index – which surveys the prices of every day … Read more
Investors and pension savers in Britain face possible financial losses after two major investment banks issued profit warnings amid a crisis at a US hedge fund. Nomura and Credit Suisse could lose billions of pounds after the fund defaulted on margin calls, putting investors on edge about who else might have been caught out. Losses … Read more
Warren Buffett has become the sixth richest man in the world after his net worth soared by almost $24 billion in under five months. The owner of the multinational conglomerate Berkshire Hathaway now joins an elite club of men worth $100billion or more, that includes Jeff Bezos, Elon Mask, Bill Gates, Bernard Arnault, and Mark Zuckerberg. … Read more
Warren Buffett has become the sixth richest man in the world after his net worth soared by almost $24 billion in under five months. The owner of the multinational conglomerate Berkshire Hathaway now joins an elite club of men worth $100billion or more, that includes Jeff Bezos, Elon Mask, Bill Gates, Bernard Arnault, and Mark Zuckerberg. … Read more
US drops tariffs on whisky, cashmere and Stilton as trade deal with Britain inches closer – two months after Liz Truss axed fees on American imports US said millions worth of tariffs on Scotch and other goods would be suspended Cashmere and cheese are also set to benefit from the American relaxation Comes a month … Read more
The company behind engine-maker Pratt & Whitney saw its share price slump in pre-market trading today after one of the firm’s engines exploded and rained down debris over Denver while another suffered a similar failure in the Netherlands. Shares in Raytheon, the parent company of Pratt & Whitney, had suffered a 2.77 per cent drop … Read more
Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an ‘economic side show’ and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a … Read more