Business

BITCOIN’S scarcity and huge price rises make the digital currency as precious as gold, according to some experts. Daily Express :: City and Business Feed

RUSSIA’S central bank agreed on Thursday to rescue B&N Bank by injecting extra capital, becoming the main investor in the troubled lender and its affiliated banks. Daily Express :: City and Business Feed

THE owner of fast fashion chain Zara has notched up better sales and profits despite suffering pressure on overseas earnings from the strong euro. Daily Express :: City and Business Feed

THE pound has lifted ahead of Theresa May’s Brexit speech in Florence this week, and could surge higher depending on the Prime Minister’s comments, experts predicted. Daily Express :: City and Business Feed

STERLING surged by around half a cent against the euro this morning after investors were pleasantly surprised by an uptick in the UK’s latest retail sales figures. Daily Express :: City and Business Feed

ABOVE-FORECAST retail data for August has given the pound a boost against the US dollar today. Daily Express :: City and Business Feed

FRENCH CONNECTION says it has made “significant steps” in returning to profit after strong wholesale operations helped half-year losses to shrink by nearly 30 per cent. Daily Express :: City and Business Feed

GERMAN discounter Lidl is once again the UK’s fastest-growing supermarket, with a record market share of 5.3 per cent, figures show. Daily Express :: City and Business Feed

KPMG has been cleared by the accounting watchdog over its auditing of HBOS in the run-up to the lender’s near collapse in the 2008 financial crisis. Daily Express :: City and Business Feed

CEOs of US banks are ‘very afraid’ of Bitcoin, a wealth advisor has revealed. Daily Express :: City and Business Feed