Monthly Archives - January 2018

Cryptocurrency latest: Nasdaq chief reveals how to know if bitcoin or etherum ‘will win’ | City & Business | Finance

Glenn Hutchins has revealed how public Investors can know which one of the leading cryptocurrencies will be the “right answer” and continue to thrive. He predicted that some of the leading cryptocurrencies will fade away with only a few successfully taking over the Marketplace.  Mr Hutchins, who is the former Chairman of Nasdaq and one of the first establishment Investors in Bitcoin, compared the cryptocurrency battle to the beginning of the internet Referring to the original commercial websites online, he said: [...]

Eurozone economy ends 2017 on ‘stellar’ note

Eurozone economy ends 2017 on ‘stellar’ note. Getty The 19-country eurozone economy closed out 2017 growing stronger than at any time in nearly seven years and optimism about the year ahead remaining buoyant, according to a closely watched survey. Financial information company IHS Markit said Thursday (4 January) that its purchasing managers index — a broad gauge of business activity across manufacturing and services — spiked to 58.1 points in December from the previous month’s 57.5. Any reading above 50 indicates growth [...]

Fed board unsure of economic boost from Trump tax cuts

Shawn Donnan in Washington January 3, 2018 Experimental feature Listen to this article Play audio for this article Pause Experimental feature or Give us your feedback Thank you for your feedback. What do you think? I‘ll use it in the future I don‘t think I‘ll use it Please tell us why (optional) Send Feedback Federal Reserve board members wrestled with how much of an economic impact to expect from Donald Trump’s tax cuts as they raised rates last month and continued to be flummoxed by persistent low inflation, according to minutes [...]

Ripple Becomes First Cryptocurrency After Bitcoin to Surpass $100 Billion

Get Trading Recommendations and Read Analysis on for just $39 per month. Ripple has achieved a historic milestone on January 3, becoming the first cryptocurrency after Bitcoin to be valued at $100 billion. At press time, the total valuation of Ripple is $121 billion. Up by $19 Billion in 24 Hours Over the past 24 hours, the price of XRP, Ripple’s native token, has increased by more than 24 percent, to over $3. The Market valuation of Ripple increased from [...]

Southampton steakhouse gets go ahead despite concerns it will break up ‘lentil belt’

A NEW restaurant has been granted planning permission As reported Woking-based Cattlesteak House applied to move into 14 -15 Hanover Buildings – the heart of the city’s ‘lentil belt’. Just doors away from vegan Cafe Thrive, whole food superMarket Rice Up and Kadampa meditation centre Cattle Steakhouse specialises in steaks and burgers. Owner Nazim Ahmed will be bringing speciality “premium quality” halal menus to the city. But he said he has had [...]

Swanky concourse marks completion of London Bridge Station’s multi-billion pound renovation

Network Rail The renovation and revamp of London Bridge station, which picked up pace in 2014, has finally been completed, Network Rail said on Tuesday (2 January). Dubbed “the greatest infrastructure project in London” by the Institution of Civil Engineers (ICE), the revamp will come at a final cost of £6.5bn to taxpayers, and still has some way to run, even though the final section of a new concourse is now open providing access to all platforms. With addition of five [...]

Trump adds Iran and Pakistan to full foreign policy inbox

Katrina Manson and Shawn Donnan in Washington January 2, 2018 Experimental feature Listen to this article Play audio for this article Pause Experimental feature or Give us your feedback Thank you for your feedback. What do you think? I‘ll use it in the future I don‘t think I‘ll use it Please tell us why (optional) Send Feedback Donald Trump has embarked on a New Year foreign policy offensive on his return to the White House, piling pressure on Iran, Pakistan and North Korea as he switches his focus beyond tax reform [...]

Kevin Scott: Opening bars is for show but exports make the money

THE concept of a brewery operating a pub is as old as ale itself, but while giant brewers have faced controversy over the supply of their own products, craft brewers are being encouraged to pour their own pints. There is a difference of course. The centuries old beer tie forces tenants to buy products from their landlords. In England and Wales this was relaxed in 2016, and in Scotland, pressure is mounting for similar change. [...]

Pound V euro: GBP edges lower as UK factory activity slips further than expected | City & Business | Finance

GBP/EUR is currently at around €1.124, down by around 0.4 per cent from this morning’s starting levels. According to figures published by IHS Markit, UK factory activity slowed last month, with the manufacturing index sliding from a multi-year high of 58.2 to 56.3 – a more modest dip to 58 had been forecast. The slowdown was largely attributed to moderated output growth and new orders, with a number of the firms surveyed also concerned about rising input costs denting profits. However, [...]

Could the ‘Bitcoin Rush’ trigger the next financial crash?

How to get started with Bitcoin IBTimes US A decade since the “global financial crisis” in 2007, everyone from analysts to Market commentators (to people who actually know what they’re talking about) have been pondering what will end the quantitative easing (QE) fuelled rescue package? Apart from the moral hazard, the madness of ultra-low interest rates and the injustice of savers receiving next to nothing, it was always known that short-term step back from the abyss was the equivalent of knowingly [...]