Cryptocurrencies expected to continue rise in 2018 despite “volatile” market April 9, 2018 The rise of cryptocurrencies is expected to continue in 2018, with Internet meme-inspired Dogecoin set to rocket 5,838 per cent in value by the end of the year. In its April Cryptocurrency Predictions Survey, price comparison site finder.com also found that Ethereum was set to grow by 234 per cent by 31 December 2018. Cardano [...]
May: Assad and his Russian backers must be held to account if behind chemical attack in Syria April 9, 2018 Theresa May has warned that Russia and the Assad regime will be held to account if the Syrian government is found to have been behind the alleged chemical attack on Syrian civilians this weekend. Speaking from Copenhagen alongside Danish Prime Minister Lars Løkke Rasmussen, May said the UK “utterly condemns” the attack in Douma, outside [...]
“Stupid trade!” China and Trump trade barbs as threat of trade war looms April 9, 2018 China and President Trump traded barbs over the escalating trade war today, with Beijing telling reporters it was impossible to negotiate with Washington under “current circumstances”. The Trump administration is cracking down on Chinese theft of US intellectual property with threats of tariffs on $150bn of Chinese imports, including automobiles. The businessman-turned-world leader today lashed [...]
Cryptocurrency regulation: The FCA will publish its cryptocurrency review later this year April 9, 2018 The UK’s markets watchdog is set to publish its review of cryptocurrencies in the third quarter this year after issuing a number of warnings on the controversial digital assets. In its business plan for the financial year ahead, the Financial Conduct Authority (FCA) said the review was part of a taskforce with the Treasury and [...]
Theresa May is seen more favourably than Jeremy Corbyn for first time since General Election after Skripal, anti-Semitism costs Labour leader April 9, 2018 Theresa May is seen as more favourable than Jeremy Corbyn since last year’s General Election – but the voting public isn’t particularly keen on either. The Prime Minister has a net favourability of -13, bolstered by her reaction to the attempted murder of Sergei and Yulia Skripal in early May, according to the latest YouGov [...]
Bank of England to publish new cyber standards by summer to protect financial system under “almost constant attack” April 9, 2018 Britain’s financial system is “under almost constant cyber attack” according to a top Bank of England official, with the regulator planning to introduce new standards for financial firms’ computer security. Sam Woods, a deputy governor at the Bank, said the the Prudential Regulation Authority (PRA), which he heads, will publish new standards expected of firms. [...]
Facebook to notify 87 million users who had data harvested by Cambridge Analytica hack April 9, 2018 Facebook will today notify 87 million users around the world of whether their personal information was harvested by Cambridge Analytica. It follows the Cambridge Analytica scandal where the files of millions of people on the social networking site were gathered and used by the UK data collection firm. From 17.00 BST Monday, all 2.2 billion [...]
Boris Johnson calls for strong and robust international response to deadly chemical attack in Douma, Syria April 9, 2018 Boris Johnson has said there must be a “strong and robust international response” to the alleged chemical attack in a Syrian suburb this weekend, in which at least 48 people were killed. The foreign secretary spoke with his French counterpart Jean-Yves Le Drian this morning, with the pair noting that the Assad regime had been [...]
BP to develop the second phase of its giant fracking project in Oman April 9, 2018 BP is set to begin the second phase of development at its sprawling Khazzan gas field in Oman to produce a total of 1.5bn cubic feet per day (cfpd) of gas. The Ghazeer project is set to come onstream in 2021 following the start-up of phase one of the Khazzan project in September 2017. The [...]
GDPR: Inspiring consumer data best practices April 9, 2018 The EU General Data Protection Regulation (GDPR) is a complex topic. So to explain it in a very human and (hopefully) humorous way, I first want to use an analogy about borrowing a car. If you want me to lend you my car, I’d first ask you to please explain why you need to borrow [...]