Business

The pound rose against the US dollar today after the US Federal Reserve cut rates for the third time this year, leaving the pairing trading around $ 1.292. The US Federal Reserve lowered its policy rate by 25 basis points on Wednesday. With no explicit signal from the bank that it’s done with easing, the statement was seen as less ...

A REMOTE crypto mining firm with direct links to the Russian government is aiming to gather up what’s left of the supply of bitcoin before it runs out. Dmitry Marinichev, the chief executive of the Russian Mining Company, says that he is planning to convert a massive former steelworks close to the Finnish border into an elite, purpose-built bitcoin mining ...

The pound euro exchange rate edged higher today, with the pairing currently trading around €1.160. The Eurozone’s surprise growth of 0.2 percent in the third-quarter failed to bolster the European currency, with worsening economic sentiment and heightened geopolitical uncertainties dampening hopes of the Eurozone’s economic recovery. Daily Express :: City and Business Feed

THE pound was left muted against the euro today, as MPs voted in favour of an early general election, leaving the pairing trading at around €1.159. Daily Express :: City and Business Feed

THE tide is flowing in favour of Shetland Mussels, a shellfish farmer expanding capacity as demand increases for its premium, protein-packed produce and natural, sea-friendly growing methods. Daily Express :: City and Business Feed

PREMIUM orange liqueur and French icon Cointreau, the mother of a million cocktail mixes and memorable moments, turns 170 this year and is marking the milestone with a limited anniversary edition bottle. Daily Express :: City and Business Feed

PREMIUM bangers and burger brand Heck Food has invested £600,000 in developing its first frozen vegan range in a move to meet rising demand for plant-based products and away from fluctuating pork prices.  Daily Express :: City and Business Feed

THE pound US dollar exchange rate held steady today, with the pairing currently trading around $ 1.289 after Prime Minister Boris Johnson’s bid for a 12 December general election succeeded by a majority of 438 to 20. Daily Express :: City and Business Feed

The pound euro exchange rate held steady today, with the pairing currently trading around €1.159 after opposition leader Jeremy Corbyn confirmed that Labour will back Prime Minister Boris Johnson’s motion for a pre-Christmas general election. Daily Express :: City and Business Feed

The pound edged up against the US dollar this afternoon, as the Labour party changed its mind about an early December election, with the pairing currently trading around $ 1.288. Sterling wobbled on Tuesday as Prime Minister Boris Johnson made another push for a December general election after MPs rejected his bid on Monday. Daily Express :: City and Business ...