Tag Archives: Money

05Sep/17

Cheap electricity makes Siberian city of Irkutsk the Russian capital of bitcoin mining

IRKUTSK, RUSSIA (RECENT – AUGUST 31, 2017) (REUTERS) – Russian Siberian city of Irkutsk has recently seen increased interest in crypto-currency mining due to the cheep energy prices in the region. Continue reading

01Sep/17

10th anniversary of contactless in UK

September marks 10 years since Barclaycard introduced contactless payments to the UK. As Kate King reports it’s since expanded to include wearables and mobilepay – bringing the idea of a cashless society one step closer. Continue reading

05Aug/17

Bitcoin trading needs stringent regulation, supervision: market makers and players

China Central Television (CCTV) – More irregularities about the concocted online payment unit, bitcoin, have aroused more concerns of monetary regulators everywhere. Continue reading

27Jul/17

U.S. indicts alleged bitcoin laundering ‘mastermind’

The U.S indicts Alexander Vinnik, a Russian man accused of laundering $4bn in bitcoin through the BTC-e crypto-currency exchange. David Doyle reports.
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24Jul/17

KKR to buy WebMD for $2.8 bln

Private equity firm KKR has agreed to buy health information giant WebMD in a deal valued at about $2.8 billion. Fred Katayama reports. Continue reading

24Jul/17

VCs lust for initial coin offerings

U.S. venture capital firms are lining up for a piece of the digital currency market but some of the hot tech startups don’t need their money. Chris Dignam reports. Continue reading

10Apr/17

Bank of England says won’t publish Libor details until fraud probe over

The BBC releases a recording of an October 2008 phone call between two bankers at Barclays in which one said he was under “serious pressure” from the Bank of England to set an artificially low rate for Libor, an inter-bank borrowing rate.

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20Mar/17

Billionaire banker David Rockefeller dies at 101

Billionaire philanthropist David Rockefeller, former head of Chase Manhattan Corp and patriarch of one of the most famous and influential American families, dies at 101.

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29Jan/17

Central banks to play second fiddle to Trump

U.S. President Donald Trump will again be centre of attention in the coming week with any policy statements, having helped put the Federal Reserve, Bank of England and other central banks in wait-and-see mode. Ciara Lee reports. Continue reading

22Jan/17

Trump’s first 100 days: the analysts’ view

As the US moves from a ‘post-truth’ election to post-Trump inauguration, markets ponder an uncertain future for the world economy. Ivor Bennett canvasses analysts on what they expect to emerge from the new president’s first months in office. Continue reading