Author: Laura Robinson
Few would have expected it, but bitcoin is back in business.The granddaddy of cryptocurrencies looked close to certain death this time last year following a bevy of scandals that shocked the most speculative of asset classes into submission throughout 2022.But numerous collapsed Ponzi schemes (see Celsius; Terraform Labs) and one high-profile fraud conviction (see FTX founder Sam Bankman-Fried) later, and bitcoin has reemerged as the watercooler asset class of the day.Bitcoin’s reputation was further bolstered by last week’s landmark approval of spot-bitcoin exchange-traded funds in the US, setting the stage for a tsunami of institutional money into the market. Bitcoin’s…
By Michael Pavitt For Mailonline Published: 13:03 EST, 15 January 2024 | Updated: 15:14 EST, 15 January 2024 Advertisement Share or comment on this article: FIFA The Best Awards: Latest news and updates as Lionel Messi, Erling Haaland and Kylian Mbappe battle it out for the men’s award while Spain’s Jenni Hermoso is nominated for women’s award Source link
Ukrainian President Volodymyr Zelensky has asked Switzerland to organise a ‘high-level peace conference’ amid the ongoing war with Russia. Swiss President, Viola Amherd, revealed during a joint press conference in Bern: ‘I confirmed that Switzerland is ready to organize the conference. We agreed that the details of the further approach will be looked into in depth in order to make this peace process a success.’The Swiss president underlined that the country will ‘fight for long-lasting and just peace in Ukraine.’Zelensky added: ‘We are open to all countries that respect our sovereignty and territorial integrity at the peace summit.’It is understood that…
By Live Commentary Updated: 06:15 EST, 15 January 2024 The FTSE 100 is down 0.2 per cent in early trading. Among the companies with reports and trading updates today are PageGroup, Crest Nicholson and Audioboom. Read the Monday 15 January Business Live blog below.> If you are using our app or a third-party site click here to read Business LivePageGroup profits suffer amid hiring slowdown as UK revenues slump PageGroup profits are set to come in below expectations as the recruitment firm continues to suffer from a global hiring slowdown.The FTSE 250 group saw gross profits slide 8.9 per cent…
Sir Jim Ratcliffe sat in the heart of the Old Trafford directors’ box, next to Sir Alex Ferguson, obviously. Reflected glory is in short supply at Manchester United these days but Sir Alex still bestows on it on all who stray into his orbit so for United’s new minority owner, at least the optics were good.There were other positives to his first visit to watch United since his £1.3bn purchase of a 25% share of the club he supported as a boy. It didn’t rain so the roof couldn’t leak on him. He saw Rasmus Hojlund score a stunning opening…
New homes completed by listed housebuilders set to fall below 70,000 this year Puts in jeopardy Government’s goal of 300,000 homes a year by the mid-2020s By Francesca Washtell Updated: 05:17 EST, 14 January 2024 The number of new homes completed by stock-market listed housebuilders is set to fall below 70,000 this year in a blow to the Government’s targets.The ten companies listed on the London Stock Exchange – which include Barratt Developments, Persimmon and Berkeley Group – will build around 69,300 houses and flats between them in 2024, according to forecasts from Peel Hunt.This is slightly less than the 71,000 the…
By Jack Bezants For Dailymail.Com Published: 14:41 EST, 13 January 2024 | Updated: 14:54 EST, 13 January 2024 Ticket prices for Kansas City Chiefs against Miami Dolphins in the NFL playoffs tonight have fallen to just $32 with temperatures set to plunge to below freezing.The cheapest ticket on StubHub ahead of the game in $32 while for under $100, tickets right by the field are available.Weather forecasts are incredibly bleak for the game, with some predictions suggesting wind chill could make the game feel like it is minus 30. Arrowhead Stadium is expected to feel temperatures around -5°F at the…
Turnaround plan led by Wall Street giant’s British chief executive Jane Fraser Citi’s full year profits were down by 38% to £7.2bn, latest results showBy John-Paul Ford Rojas Updated: 05:43 EST, 13 January 2024 Citigroup has announced plans to cut 20,000 jobs over the next two years under a turnaround plan led by the Wall Street giant’s British chief executive Jane Fraser.Fraser pledged that 2024 would be a ‘turning point’ after the lender reported a £1.4billion loss for the fourth quarter that she admitted was ‘very disappointing’.The loss was caused by a series of one-off charges including an industry-wide contribution to…
By Jake Fenner For Dailymail.Com Published: 14:22 EST, 12 January 2024 | Updated: 14:47 EST, 12 January 2024 Alabama has its pick for a new head football coach in Kalen DeBoer – in what is a stunning rise through the bowels of college football to the most elite program in the sport.DeBoer recently led the University of Washington Huskies to a national championship berth, an undefeated regular season, and the last Pac-12 title in history.But according to ESPN’s Mark Schlabach and Chris Low, DeBoer is Alabama’s pick to replace the retiring Nick Saban – with the Huskies coach in contract…
London Tunnels plans to float shares with fundraising target of up to £123m By Angharad Carrick Updated: 05:08 EST, 12 January 2024 A company planning to restore and open secret Second World War tunnels in central London is set to become the City’s first IPO of the year.London Tunnels confirmed its intention to float on Friday, with plans to raise £30million at a valuation of £123million. It has already raised £10million from private investors. London Tunnels plans on creating a ‘digital realm’ in tunnels in central London The company is looking to turn unused walkways and shelters used in WWII into an international…