Telegram ICO: Aim-listed TMT Investments backs WhatsApp rival’s token sale in first blockchain investment February 21, 2018 An investment firm listed on London’s alternative market has invested in the initial coin offering of messaging app Telegram. TMT Investments, which is a backer of Uber rival Taxify among other tech firms, revealed it’s one of a number of investors to back Telegram’s token pre-sale. The ICO has already raised $850m before it becomes [...]
Hong Kong Horse Racing Betting Tips: Radiant Steed to shine brightly in competitive sprint February 21, 2018 THERE is no doubt potentially exciting sprinter Ivictory is the stand out dish at Happy Valley, when the four-year-old lines up in the 2.15pm over 6f. This Australian export has won four from five and the combination of champion trainer John Size and champion jockey Joao Moreira means he is guaranteed to start a red-hot [...]
Hong Kong Horse Racing Betting Tips: Lee’s looks the Best Runner at Happy Valley February 21, 2018 THIS New Year’s celebrations didn’t go according to plan for most of the 90,000 racegoers descending on Sha Tin last Sunday. This is the time of the year when racing enthusiasts and bettors really believe the gods of fortune are going to support them and bet with confidence with their hard earned dollars. Unfortunately, the [...]
Lloyds Bank profits jump despite increased PPI bill February 21, 2018 Lloyds Bank annual profits leapt by almost a quarter despite a jump in PPI payouts. The figures Net interest income rose eight per cent to £12.3bn while operating costs were one per cent higher at £8.2bn. Lloyds’ provision for PPI rose from £1bn to £1.7bn. Profit before tax was £5.3bn, up 24 per cent. Dividends [...]
StatusToday, a startup tracking employees with AI, backed by Brent Hoberman’s Firstminute Capital, Saul Klein’s LocalGlobe and Notion Capital February 21, 2018 A startup using artificial intelligence to track employees and improve their productivity has raised fresh cash from top investors, including lastminute.com entrepreneur Brent Hoberman. StatusToday has landed $3.9m (£2.8m) from the serial entrepreneur and investor’s newly launched venture capital firm Firstminute Capital, along with Transferwise and Citymapper backer LocalGlobe and Notion Capital. Read more: This [...]
Should you invest in bitcoin? Investment advisor Mercer is warning to stay away from cryptocurrencies February 21, 2018 An investment adviser has warned against investing in bitcoin and other cryptocurrencies amid growing interest spurred by recent price rises. Mercer, the US consulting firm, said they are not an “investable proposition” in their current form and are likely a “speculative bubble”. Read more: S&P: Retail investors will be biggest losers of bitcoin bubble bursting [...]
Sorry Jeremy Corbyn, student loans are better for the many, not the few February 21, 2018 It all started back in November 1980; I helped publish a pamphlet written by two English friends of mine, Gary Ling and Peter Stremes, who were undergraduates at the University of Aberdeen. We were among a group of free marketeers who had won the national elections of the Conservative Students, and, being idealistic youths, wanted [...]
DEBATE: With rising automation, is the Royal Society of Arts right that it’s time for a universal basic income? February 21, 2018 With rising automation, is the Royal Society of Arts right that it’s time for a universal basic income? Dr Lauren Ware, lecturer in philosophy at the School of European Culture and Languages at the University of Kent, says YES. We suffer from a culture of competitive overwork that is unpleasant, unhealthy, and unsustainable. Faced with [...]
Chelsea 1, Barcelona 1: Antonio Conte rues costly error as Cesc Fabregas urges Blues to avoid “suicide mission” at Camp Nou February 20, 2018 Chelsea boss Antonio Conte rued the costly error which nullified his otherwise perfectly-crafted plan as Barcelona hit back to net a potentially priceless away goal in Tuesday’s Champions League last-16 clash. The Blues were heading towards a first-leg advantage following Willian’s opener, only for La Liga leaders Barcelona to seize upon Andreas Christensen’s loose pass [...]
Economists “debunk” Whitehall Brexit analysis – and claim the economy will grow February 20, 2018 A group of pro-Brexit economists claim to have “comprehensively debunked” Whitehall analysis suggesting the UK is heading for a period of depressed growth after leaving the EU, arguing the government’s stated policy will actually lead to growth. The Economists for Free Trade believe Brexit on the basis of Theresa May’s Lancaster House speech will boost [...]