Eurozone annual inflation falls to 0.7pc in February March 17, 2014 Latest Eurozone inflation figures show a fall in the annual rate to 0.7 per cent in February – hitting its lowest ever level again. More than a quarter of the euro area's in deflation, with half the bloc's economies with rates of 0.5 per cent or less. Howard Archer has described the numbers as "uncomfortable and [...]
Rogue Libyan oil tanker seized by US Seals March 17, 2014 Before dawn this morning, US Navy commandos boarded and took control of a North Korean-flagged tanker loaded with crude oil smuggled out of Libya, the Pentagon has confirmed. The move foils attempts by a breakaway Libyan militia to sell the cargo, which is owned by the Libyan government’s National Oil Company, on the black market. [...]
Dogecoin just sent $11,000 over Twitter. Instantly. March 17, 2014 If you've tried to transfer cash online, you've probably faced a process that'll hit your wallet and take an age to complete. Cryptocurrencies are changing that, and sending cash across borders is now as easy as sending a tweet. That's just what Twitter user Hood did yesterday, sending 14m Dogecoin to the Doge4Water campaign – [...]
Nakamoto “unconditionally denies” Newsweek Bitcoin story March 17, 2014 The man Newsweek claims to be the father of Bitcoin has issued an unconditional denial that he had anything to do with the creation of the cryptocurrency, reports Reuters Felix Salmon. The American magazine claimed the 64-year old Dorian Satoshi Nakamoto was the same person as Satoshi Nakamoto who invented Bitcoin. Nakamoto has denied any [...]
How one 19 year old won the internet with addictive puzzler 2048 March 17, 2014 Gabriele Cirulli never thought that his latest project would be a breakout hit. The Italian web developer started 2048 as an experiment to see if he could program a game almost from scratch. Having stumbled across another version of the game on a forum and 1024, he wanted to see if he could combine the [...]
Markets unfazed as Hague confirms sanctions to come March 17, 2014 Markets have shrugged off the news this morning that 96.7 per cent of Crimean voters voted for joining Russia, according to the official results of yesterday's referendum, with the FTSE 100 up almost 0.3 per cent, and the DAX and CAC 40 up almost 0.2 per cent. Turnout yesterday has been reported at 83.1 [...]
Boohoo finance chief bags 20pc of share options March 17, 2014 Boohoo.com went to market last week and, on the first day of trading, saw shares rise as much as 70 per cent above their 50p listing price, to 85p. Today, it’s announced that its chief financial officer has been awarded with over 20 per cent of its initial share options. The Manchester-based firm’s said that [...]
Just-Eat set to become a public company March 17, 2014 Fast food site Just-Eat has confirmed its intention to float in London and hopes to raise as much as £100m from its primary offering. SM Trust, Index Ventures, Vitruvian Partners, Redpoint Ventures and Greylock Partners are expected to sell some their shareholding in the offer. Just-Eat, which was founded in Denmark in 2001 and operates [...]
What you need to know before the open March 17, 2014 Yesterday’s vote in Crimea – where the overwhelming majority of the population voted in favour of joining Russia – could see European markets open lower this morning. Asian markets were nervous during Monday trading too, with key indices closing lower. And, no doubt, the global focus will remain on the region throughout the week, as [...]
Vodafone confirms £6bn Ono deal March 17, 2014 Vodafone has confirmed a deal to buy Spanish cable operator Ono with an offer that values the firm at €7.2bn (£6bn). Ono is the second-largest provider of broadband internet, pay television and fixed services in Spain, a market in which Vodafone has seen a reduction in both mobile customer numbers and earnings in recent years. [...]