Remembrance Sunday 2017 in pictures: Queen, Prince Charles and Royal family along with politicians pay respects at Cenotaph in London November 12, 2017 The Royal family, politicians and the public have paid their respects to those who lost their lives in conflicts on Remembrance Sunday. Prince Charles took over the laying of a poppy wreath at the Cenotaph in Whitehall from the Queen who has traditionally led such duties. She watched from the balcony of the foreign office [...]
Bitcoin cash (BCH) price rise briefly sent market cap overtaking ethereum as bitcoin price (BTC) fall continues November 12, 2017 Bitcoin cash, the cryptocurrency hived off from bitcoin, has rocketed. Bitcoin cash has shot above $1,900 according to coinmarketcap, more than double its value on Friday when it had already hit a three-month high. It has been sent higher of the back of a proposed bitcoin fork being suspended. Read more: Debate: Is bitcoin a [...]
James Dyson’s electric car will have driverless elements and be totally self-made November 12, 2017 Sir James Dyson has said the company’s electric cars will have “some driverless in it” and will be completely self-made, rather than relying on parts made by other companies. The British entrepreneur finally revealed the plans for an electric car in September, confirming speculation of the move from vacuums to vehicles. No decision has yet [...]
Donald Trump u-turns on Russia meddling: “I believe our intelligence agencies” after Vladimir Putin comments November 12, 2017 US President Donald Trump has been forced to clarify that he supports the conclusions of intelligence agencies in the country that there was meddling in last year’s election by Russia. Trump had drawn criticism after saying he believed a denial of any involvement made by Russian leader Vladimir Putin on Saturday. Read more: One year [...]
Deutsche Bank opts for Barclays, Citigroup and Credit Suisse to be senior bookrunners on its asset management arm IPO, Reuters reports November 11, 2017 Deutsche Bank has chosen Credit Suisse, Barclays and Citigroup to be the senior bookrunners for the flotation of its asset management unit, according to reports. A source close to the matter told Reuters Deutsche Bank had selected the heavyweight lenders to assist the initial public offering, though a spokesman for Deutsche Asset Management declined to [...]
Alibaba: Sales during online retail bonanza Singles’ Day hit new record as they smash $25bn mark November 11, 2017 Chinese e-commerce giant Alibaba has said its Singles’ Day sales hit $25.4bn (£19.2bn), smashing its own record from last year. The shopping bonanza’s sales surged past last year’s total just after midday local time, hitting a record $18bn (£13.6bn). Singles’ Day, held every year on 11 November, is the world’s biggest online shopping event that [...]
Lord Mayor’s Show: 690th Lord Mayor Charles Bowman is sworn in with a bang November 11, 2017 The newly elected 690th Lord Mayor of London Charles Bowman today swore loyalty to the Crown during his riotous initiation celebration known as the Lord Mayor’s Show. The new Lord Mayor arrived in the City in a flotilla this morning, before setting off on the world-famous Lord Mayor’s Procession from Mansion House to swear allegiance [...]
Bitcoin (BTC) keeps dropping to lowest level this month as price falls below $6,300 November 11, 2017 The notoriously volatile cryptocurrency bitcoin has fallen to its lowest price this month after rallying in the first week of November and then crashing by more than $1,000 on Thursday and Friday. The price of a single bitcoin is down 4.53 per cent at $6,272.24, according to Coindesk’s aggregate index, a level it hasn’t reached [...]
Local communities can decide how to spend cash from fracking through the Shale Wealth Fund – including paying themselves November 11, 2017 Communities near fracking sites will be given the power to decide how to spend the money they will gain through a new Shale Wealth Fund, even if they choose to hand the cash directly to local residents, the government confirmed today. The fund will provide up to £10m for each community close to an approved [...]
FTSE 100 tumbles to its lowest in six weeks as the pound rises sharply November 10, 2017 The FTSE 100 closed at its lowest point in six weeks as a sharp rise in the pound pushed it lower. The index finished the day 0.7 per cent lower, at 7,435 points, having fallen to its lowest point in weeks earlier in the day. The selloff came as sterling rose 0.45 per cent against [...]