Analysis: Do Ford and Volkswagen stand a chance in battle for China’s electric market? May 25, 2023 Some of the world’s biggest carmakers have announced big plans to bolster their electric vehicle (EV) segments in China this year. Japanese carmaker Toyota announced major plans earlier this month to accelerate its EV push in China, on the back of a profit boost caused by an ease in the global chip shortage. Volkswagen, which has [...]
Bitcoin wallet address milestone is something to smile about May 19, 2023 Not in Miami, Jason Deane rounds up the week as he highlights what's going well for Bitcoin and not so well for Vladimir Putin.
Bitcoin back above $27,000 with conviction as wider crypto markets turn green May 18, 2023 Bitcoin continues to find support above the $27k level after the flagship cryptocurrency gained three per cent this morning.
Deutsche Bank to pay $75m to settle lawsuit by Jeffrey Epstein accusers May 18, 2023 Deutsche Bank has agreed to pay $75m to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking. The accord resolves claims in a proposed class action in Manhattan federal court by Epstein’s accusers, and was confirmed by their [...]
‘We know this has been painful’: Scottish Mortgage board defends strategy after bruising year May 17, 2023 Bosses at Bailie Gifford’s Scottish Mortgage Board Investment Trust admitted the last year had been “painful” today after a 33 per cent plunge in the value of its shares over the 12 months to March.
Elon Musk rubbishes Tesla exist chatter and commits to ‘try a little advertising’ too May 17, 2023 Elon Musk has dismissed speculation he may step down as Tesla’s boss – and told the company’s annual shareholders meeting the electric car and solar panel firm will start doing some advertising. “Say it ain’t so,” a shareholder said to Musk about stepping down as Tesla’s chief executive. “It ain’t so,” he replied. When another [...]
Bitcoin and Ethereum down as uncertainty around macro events lingers May 17, 2023 Bitcoin (BTC) is again changing hands for less than $27,000, as Ethereum (ETH) trades sideways above $1,800.
Firefly Sport EV: the electric sports car helping kids be safer drivers May 16, 2023 The Firefly Sport is an electric roadster designed to help children learn the basics of driving – and have fun in the process.
Bitcoin and Ethereum trading sideways in line with stock markets May 16, 2023 It’s been a quiet day in the markets as both Bitcoin and Ethereum continue to hover at similar prices to yesterday.
The Notebook: Victoria Scholar on Big Tech’s recovery, soaring sterling and luxury goods booming in China May 16, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Interactive Investor’s Victoria Scholar. Big Tech looks to be back in Vogue BIG Tech suffered painful declines in 2022 with sky-high inflation and central banks scrambling to keep a lid on rising prices. Now with US inflation easing, and the [...]