German unemployment falls by 14,000 February 27, 2014 The German labour market is looking healthier this February. Unemployment has decreased by a seasonally adjusted 14,000 – a drop in excess of the 10,000 fall expected by analysts. The headline unemployment rate remains unchanged, at 6.8 per cent, according to German government data. On an unadjusted basis statisticians estimate that the jobless total rose [...]
4 reasons for job-hunters to be cheerful February 26, 2014 Recruiters, often the first firms to catch wind of a pick-up in business activity, have been making much more upbeat noises in the last few months. Hays chief executive Alistair Cox, whose firm focuses on white collar and specialist industry recruitment, has today delivered a fresh batch of positive news for job-hunters – even those in [...]
Why Ukraine exposure might benefit Ferrexpo February 26, 2014 As the political tensions heighten in Ukraine following last week’s ousting of President Viktor Yanukovych, the beleaguered country’s currency – the hryvnia – has suffered too, plunging to a 10-year low today. The outcome of the crisis is still unknown but analysts are already speculating on a possible upside for Ukraine-focused iron ore producer Ferrexpo. [...]
The US government is trying to kill doge February 26, 2014 When they're not trying to meddle with healthcare, they're killing one of the internet's favourite jokes. The US department of health and human services just tweeted a version of the "doge" meme. That joke typically features a cute shiba inu and its internal monologue. The state-created version offered by the government department has been made [...]
Carl Icahn says EBay’s “governance failures do not have a shelf-life” February 26, 2014 In another open letter to EBay stockholders, activist investor Carl Icahn has again lashed out at the online auctionhouse for what he perceives as failures of corporate governance. The investment guru has struck out at specific EBay board members, including Marc Andreessen and Scott Cook. Icahn has reiterated his call for voters to support a [...]
CEO of disappearing Bitcoin exchange assures users he’s “still in Japan” February 26, 2014 After the highly popular Bitcoin exchange disappeared entirely yesterday, CEO Mark Karpeles has put an announcement on MtGox's site to "reassure everyone that I am still in Japan". Karpeles says that he is "working very hard with the support of different parties to find a solution to our recent issues." The Bitcoin exchange is alleged [...]
Maria Miller just came up with the most convincing case for Scottish independence yet February 26, 2014 Culture secretary Maria Miller must really want a yes vote. Speaking today at the Oxford Media Convention the cabinet minister said that if Scotland does vote for independence this September, it will be a vote to leave the institutions of the UK. That, Miller says, would include leaving the BBC. We're sold. A Scottish independence [...]
Growth figures show signs of rebalancing February 26, 2014 Latest estimates from the Office for National Statistics have confirmed that the UK's economy grew by 0.7 per cent in the fourth quarter of last year. That's in line with analyst estimates, who expected no change from the initial estimate. The ONS noted that "there have been encouraging signs recently across the three approaches to [...]
Here’s why MtGox’s statement means nothing at this stage February 25, 2014 Too little, too late from MtGox. That's the verdict from enthusiastic Bitcoin adoptees on the hyper-active Bitcoin subreddit. The leading Bitcoin exchange is alleged to have lost over $300m worth of Bitcoin, or around six per cent of all Bitcoin currently in circulation. Shortly after those reports emerged, the company disappeared entirely. The statement now [...]
MtGox’s mysterious website update February 25, 2014 Some keen eyes have spotted this change to the source code of MtGox's homepage. The website belongs to the world's largest Bitcoin exchange, which is thought to be facing some serious insolvency problems. An unverified document suggests that the company – originally a trading exchange for Magic: The Gathering cards – has lost as much [...]
