Britain Makes Crypto Technology A Priority For Streamlining Markets
Britain will begin live testing of crypto blockchain technology for traditional market activities such as trading and settlement of stocks and bonds next year as part of a drive to become a global "crypto hub", the finance ministry said on Tuesday.
Rare double whammy hits investors: steep slumps for both stocks and bonds
The bulk of the selling in both stocks and bonds has been coming from wealthier and older investors, who are reducing their overall risk exposure, mainly through the selling of mutual funds
Market nerves prop up safe-haven dollar, yen
Crypto markets were steadier on Friday after a week of turmoil, as the risk-off mood combined with the spectacular collapse of stable coin TerraUSD.
Germany, Turkey call for immediate ceasefire in Ukraine
Last Thursday, Turkey hosted the first talks between the Russian and Ukrainian foreign ministers since the invasion of Ukraine began on February 24.
Russia threatens YouTube after suspension of German RT channels
The channel has been banned in several countries, including the ex-Soviet republics of Lithuania and Latvia.
Oil row flares as UAE rejects 'unjust' OPEC+ output deal
OPEC said its meeting would reconvene on Monday at the cartel's Vienna headquarters.
Brutal storms lash Germany, Switzerland and France
At least five people were injured in the German-speaking Swiss cantons, including a cyclist who suffered head injuries from hailstones.
UK Health Secretary Matt Hancock resigns after Covid breach
Johnson praised Hancock for his role in Britain's succesful vaccine rollout, which he called "one of the greatest successes of the modern state".
Bitcoin tumble slows with help from Elon Musk
Mining cryptocurrency is a hugely energy-intensive process requiring large amounts of electricity in giant data centers.
Why does Bitcoin consume 'insane' energy?
Bloomberg predicts that it will take until 2060 before China can meet its cryptocurrency industry's needs through renewable energy.
Trump brand tarnished after bruising presidency and Capitol attack
Assessing the state of Trump's finances is difficult because of the opaque nature of government disclosure information and the private status of the Trump Organization.
Junk bonds boom as coronavirus lures investors to risk
By mid-August, a total $274 billion in junk bonds had been issued in the US.
German dog owners may soon be required to walk their pets twice a day
The German animal welfare association also hopes to reduce the demand for breeds such as French bulldogs and pugs.
COVID-19: Analysts still eyeing Bitcoin as inflation hedge despite perceived volatility
Even renowned hedge fund manager Paul Tudor Jones believes a bullish turnout is in the making for Bitcoin.
Massive risks to world economy as virus battle rages
The crash will almost certainly be accompanied by a surge in unemployment, especially in countries with weaker worker rights, such as the US.
COVID-19: Bayern Munich players accept pay cuts
Like the rest of Europe, German football has also been hit hard in financial terms by the coronavirus pandemic
Virus crackdown throws Italy transport into chaos
Air France and low-cost carriers Ryanair, Easyjet and Wizz Air said they would scrap flights from Italian airports until early April.
Mobile World Congress cancelled over coronavirus fears
The mobile fair is one of the biggest events worldwide to be cancelled so far owing to the virus that has killed more than 1,100 people to date.
Storm Ciara lashes Europe, disrupts travel
Dozens of flights have been cancelled or delayed and rail companies have urged passengers not to travel.
German court's definition of hangover as an illness calls for a guilt-free Oktoberfest sick leave
Hangovers have been defined as an illness by a German court during a trial against an anti-hangover supplement company.
400,000 Americans to lose jobs if US tariffs on Mexico take effect
Trump's 5% tariffs on Mexico will eliminate 400,000 US jobs -- and that's just for starters.
Brunei LGBT law backlash: Global banks boycott hotels owned by sultan
Banks and big businesses worldwide are boycotting hotels owned by the Sultan of Brunei on account of that country's new law that sentences gays to death for homosexual acts.
Instagram shopping could soon be a $10 billion business
E-commerce and ads will create a virtuous cycle.
Deutsche Bank battered by bad news and downgrade
Deutsche Bank's new chief executive Christian Sewing admitted the effects of bad "newsflow" had undermined staff morale.
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German teen Isis bride gets six years in Iraqi jail after running away at 15
Linda Wenzel joined Isis aged 15 after being groomed online. Iraqi troops captured her hiding in the rubble of Mosul last summer as they liberated the city.
Donald Trump testifying under oath fear leaves White House in meltdown
White House officials concerned Trump likely to perjure himself as he faces tough questioning under oath. "Trump doesn't deal in reality."
Former Lloyds FX head joins Cobalt blockchain post-trade platform
Ex Lloyds forex chief Darren Coote has also invested in Cobalt.
Berlin Wall stretch forgotten about for decades uncovered by historian
The stretch of wall which is in the northern Pankow district of Berlin was forgotten by both Germans and Soviets.
At least 11 killed as Storm Friederike slams into the Netherlands, Belgium and Germany
Three people were killed in Belgium and the Netherlands, and at least eight people died in Germany as powerful winds ripped roofs off buildings, toppled trees and blew trucks off the road.
This man is immune to one of the most poisonous substances in the world – ricin
New research could one day lead to the development of an antidote for ricin, according to German scientists.