Oil-producing giants in reported talks to raise supply amid US sanctions on Iran September 22, 2018 Some of the world’s largest oil producers are mulling the possibility of raising oil supply by as much as 500,000 barrels per day (bpd) in a bid to compensate for Iran’s falling output, it has been reported this morning. Countries within the Organisation of the Petroleum Exporting Countries (Opec) as well as other producers are [...]
A software bug came close to wiping out the bitcoin network September 21, 2018 A huge flaw in the Bitcoin network's underlying software that could have destroyed the cryptocurrency has been discovered. The problem existed since March 2017, which meant someone could have exploited the network by influencing the way bitcoin transactions are confirmed. Read more: Regulate 'Wild West' world of cryptocurrencies, MPs demand Anyone mining the cryptocurrency would [...]
A software bug came close to wiping out the bitcoin network September 21, 2018 A huge flaw in the Bitcoin network's underlying software that could have destroyed the cryptocurrency has been discovered. The problem existed since March 2017, which meant someone could have exploited the network by influencing the way bitcoin transactions are confirmed. Read more: Regulate 'Wild West' world of cryptocurrencies, MPs demand Anyone mining the cryptocurrency would [...]
Will Aston Martin vanquish the doubters? September 21, 2018 | City Talk The auto sector has had a tough time of it recently with concerns over the implementation of tariffs on their products, as well as the bad publicity around emissions cheating and investigations into other cartel like behaviour weighing on the sector in recent months. Putting aside those concerns there are certain brands that have [...]
Will Aston Martin vanquish the doubters? September 21, 2018 | City Talk The auto sector has had a tough time of it recently with concerns over the implementation of tariffs on their products, as well as the bad publicity around emissions cheating and investigations into other cartel like behaviour weighing on the sector in recent months. Putting aside those concerns there are certain brands that have [...]
Sky’s final showdown September 21, 2018 | City Talk The battle for Sky will come to an end this weekend. Fox, which is controlled by the Murdochs and Comcast will have their final push to try and snatch the stock. Fox’s latest bid is 1,400p and Comcast’s is 1,475p. Since Fox’s offer is lower they will be given the first chance to put [...]
Sky’s final showdown September 21, 2018 | City Talk The battle for Sky will come to an end this weekend. Fox, which is controlled by the Murdochs and Comcast will have their final push to try and snatch the stock. Fox’s latest bid is 1,400p and Comcast’s is 1,475p. Since Fox’s offer is lower they will be given the first chance to put [...]
Trump slams Opec, urging oil cartel to ‘get prices down now’ September 20, 2018 Donald Trump has slammed the Opec and urged the cartel to “get prices down”, citing the protection the US provides for countries in the Middle East. Trump has urged Saudi Arabia to increase oil production in recent months to combat higher oil prices brought about by his own sanctions on Iran. He has also previously [...]
Trump slams Opec, urging oil cartel to ‘get prices down now’ September 20, 2018 Donald Trump has slammed the Opec and urged the cartel to “get prices down”, citing the protection the US provides for countries in the Middle East. Trump has urged Saudi Arabia to increase oil production in recent months to combat higher oil prices brought about by his own sanctions on Iran. He has also previously [...]
Rio Tinto announces $3.2bn share buyback after sale of Australian coal mines September 20, 2018 Mining giant Rio Tinto has announced a $3.2bn (£2.4bn) share buyback programme following its sales of Australian coal assets. The miner's London share price rose more than two per cent following the announcement and its listing on the Australian Securities Exchange climbed 3.5 per cent. The world's third largest mining company said it would conduct an [...]