The US government has gone into shutdown after Senate stonewalls spending bill January 20, 2018 The US government has begun a shutdown after a midnight deadline on Friday was missed to agree on a new budget. Last minute meetings could not ease the stalemate, so the bill to fund the government until 16 February did not meet the necessary 60 votes, with Republicans and Democrats split on critical issues. Just [...]
Opinion: London is a hub for superstar musicians, but they’re all have very different needs when it comes to choosing a place to live January 19, 2018 It’s said there’s no business like show business and with the top 10 musicians taking $278m in tour revenues between them in 2016, the numbers speak for themselves. London is a key destination on the international touring scene. Money generated by live music in the capital exceeded £1bn for the first time in 2016, in [...]
Property of the week: Pepys House in Southwark sits on the site of a 17th century bear pit and it’s on sale for £3.5m January 19, 2018 The City workers of 2018 may be halfway through Veganuary, but their 17th century counterparts were far less concerned about animal cruelty. This house behind the Globe Theatre on the Southbank bears testament to a pastime that was once just as popular with Tudor monarchs as ordinary Londoners. The property on Park Street, in between [...]
Should Everton signing Theo Walcott be considered Arsenal’s first Emirates Stadium-era great? January 19, 2018 In a poll to rank Arsenal’s 50 greatest ever players conducted by the club a decade ago, 12 of the top 20 slots were filled by forwards, wingers or attacking midfielders. From Thierry Henry at No1 to Ray Parlour at No19, supporters’ embrace of the adventurous was demonstrated in many of the names cherished most [...]
Davos 2018: Donald Trump is only the sixth-richest person speaking at the WEF this year January 19, 2018 When he becomes the first US president to attend Davos in 18 years next week, it seems Donald Trump will only be the sixth-richest speaker there: his wealth is outstripped by several World Economic Forum (WEF) regulars, new research suggests. The research, by Verdict.co.uk and WealthInsight, found that with a cool $72.7bn to his name, [...]
Startup Iris Automation raises $8m to help drones and air taxis avoid collision January 19, 2018 A US-based startup has closed an $8m (£5.8m) Series A funding round to propel the development of its collision avoidance system for commercial drones and “air taxis”. Iris Automation uses artificial intelligence, along with computer vision and “sensor fusion” to create a situational awareness platform for drones and air taxis to “enable their widespread use [...]
Amazon share price opens higher as Prime membership cost increases January 19, 2018 Amazon Prime customers in the US will now have to pay $12.99 (£9.37) a month for the service after the tech giant bumped up prices from $10.99. Shares in the company opened up more than one per cent. Students members will also face a monthly price rise of one dollar to $6.49. But users who [...]
Bitcoin fraud allegations: US derivatives regulator sues three cryptocurrency operations January 19, 2018 The US derivatives watchdog has filed charges against three separate cryptocurrency operators with allegations of fraud. The Commodity Futures Trading Commission (CFTC), charged New York resident Patrick McDonnell and his company CabbageTech with fraud, saying the defendants “preyed on customers interested in bitcoin and litecoin”. In the second case, the CFTC alleged Dillon Michael Dean [...]
The dollar (USD) trades lower as US government shutdown deadline looms January 19, 2018 The US dollar traded lower today ahead of a midnight deadline to fend off a government shutdown. The dollar index, which measures the greenback against a basket of major currencies, was down 0.3 per cent after hitting an earlier low of 90.564, on track for its fifth week in the red. Meanwhile, US 10-year Treasury [...]
Donald Trump banned from visiting Tower Hamlets in London January 19, 2018 US president Donald Trump has been banned from visiting the Borough of Tower Hamlets, just a month after Greenwich councillors made the same decision. Councillors in the East London area voted through a motion declaring it a “Trump-free zone”. It also called for the invitation for Trump’s state visit to the UK to be revoked. [...]