The City View: November 29: Variants and markets, Twitter departures and inflation concerns November 29, 2021 In today’s episode of the City View podcast with City A.M. editor Andy Silvester, it’s markets on the mind. Despite variant fears the FTSE shrugged off concerns on Monday in attempts to brush off Friday’s losses. There’s also big news from twitter, updates from travel companies and good news at Irn Bru maker AG Barr.
The week in crypto: Institutions increase Bitcoin exposure, and Ethereum hits new milestone November 29, 2021 Data from CryptoCompare shows that the price of Bitcoin initially moved up last week from $57,000 to test the $60,000 mark before plunging.
BT shares fall back after India’s richest man denies takeover interest November 29, 2021 Shares in BT retreated after having rallied as much as 10 per cent in early trading, after the company owned by India’s richest man denied a media report it was eyeing a bid for the British telecoms giant. Mukesh Ambani’s Reliance Industries said: “We categorically deny any intent to bid for the UK telecoms group [...]
Finally! Legal clarification for smart contracts November 29, 2021 The UK’s Law Commission has confirmed existing laws in England and Wales are able to accommodate and apply to smart legal contracts, writes Jonny Fry.
Ralf Rangnick confirmed as new Manchester United manager November 29, 2021 Manchester United have confirmed the appointment of Ralf Rangnick as their new manager until the end of the season. The influential German coach, whose arrival has been widely expected, will remain at the club after the summer in a consultancy role. “I am excited to be joining Manchester United and focused on making this a [...]
Bitcoin recovers after black and blue Friday for financial markets November 29, 2021 The cryptocurrency markets are currently in recovery mode after Friday’s crash saw the Bitcoin price fall to $53k.
Gambian ambassador found guilty of withholding pensions information from TPR and ordered to pay £80k November 29, 2021 An ambassador has been ordered to pay more than £80,000 after being found guilty of withholding information from The Pensions Regulator (TPR). Vincent Bootes was tried in his absence at Brighton Magistrates’ Court late on Friday in a prosecution brought by TPR over allegations he failed to comply with two notices issued under section 72 [...]
Soho’s revival was a boon for the capital – the al fresco revolution must continue November 29, 2021 Eating outdoors with the sun beating down may feel like a distant memory now the nights have drawn in and the mercury has dropped. But we must not forget the critical role al fresco has played safeguarding countless jobs during throughout the pandemic. And what a joy it has been to walk around the West [...]
We were so close to a crypto breakout, but this is now a ‘buy the dip’ moment, say Bitcoin analysts November 28, 2021 The Omicron variant of Covid-19 may have spooked the markets, but financial experts are suggesting the wobble in the value of cryptocurrencies could be an opportunity to 'buy the dip'.
Storm Arwen: Heavy snow writes off Burnley v Tottenham Hotspur Premier League match November 28, 2021 Today’s scheduled Premier League match between Burnley and Tottenham Hotspur has been called off due to heavy snow related to Storm Arwen. The game at Turf Moor was due to kick off at 2pm but the decision to postpone the fixture was announced 50 minute beforehand. “In these conditions it is not football. I want [...]