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THE head of one of the world’s largest cryptocurrency exchanges has slammed US senators as “un-American” over their attempts to stop Facebook’s Libra crypto project in its tracks. Facebook announced in June that it planned to launch its own cryptocurrency to its two billion worldwide users under a newly-formed umbrella organisation called Calibra. Daily Express :: City and Business Feed
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Brexit alert: No deal could spark global financial crisis, warn economic experts
A NO-DEAL Brexit could spark the same kind of global crash that came after the 2016 EU referendum, financial experts have warned. Daily Express :: City and Business Feed
Read More »Pound euro exchange rate: Queen speaks of October Brexit despite unresolved UK-EU talks
The pound euro exchange rate eased today, with the pairing currently trading around €1.140 following today’s Queen’s Speech. In the formal address, which is largely a vehicle for the government’s policy announcements, the Queen reiterated her Government’s priority to leave the EU on October 31. Daily Express :: City and Business Feed
Read More »Pound US Dollar exchange rate: Brexit sees pairing slump more than 1 percent
The pound slumped against the US dollar this afternoon, with the pairing currently trading around $ 1.261 after the pound surrendered some of last week’s gains following a deceleration in UK-EU negotiations. Daily Express :: City and Business Feed
Read More »ENGAGING WORKS BUSINESS LIBRARY: Ex-Waitrose chief Price launches new hub for businesses
LORD Mark Price, former Waitrose managing director and trade minister, has returned to retail with the launch of an online business expertise hub, the Engaging Works Business Library. Daily Express :: City and Business Feed
Read More »Pound Euro exchange rate: GBP/EUR soars on ‘promising signals’ from Ireland
The pound jumped more than 1 percent against the euro today, with the pairing currently trading around €1.142. In a largely headline driven market, the pound rallied against the single currency as European Council President Donald Tusk said he had received “promising signals” from Irish Taoiseach, Leo Varadkar. Daily Express :: City and Business Feed
Read More »Pound US dollar exchange rate: GBP/USD soars by 1.9 percent on UK-EU Brexit breakthrough
The pound US dollar exchange rate soared by over 1.9 percent today, with the pairing currently trading around $ 1.264 after the EU’s Chief Brexit Negotiator, Michael Barnier described a “constructive meeting” with the UK Brexit Secretary Steve Barclay. Today also saw the EU27 give the greenlight on “tunnel” negotiations ahead of the EU summit next week. Daily Express :: ...
Read More »Pound to euro latest: Pound rockets against euro and dollar after Brexit announcement
THE BRITISH pound rocketed against the euro and the US dollar amid hopes the UK will secure a Brexit agreement with the European Union before the scheduled deadline at the end of the month. Daily Express :: City and Business Feed
Read More »Raspberry picking robot points to new future for fruit and veg harvesting
DEVELOPMENT of the world’s first raspberry picking robot is gathering pace as UK start up Fieldwork Robotics sets its sights on manufacturing in Britain next year and securing £1million of further investment. Daily Express :: City and Business Feed
Read More »Pound US Dollar exchange rate: expectations for October Fed rate cut buoys GBP/USD
The pound rose against the US dollar this afternoon with the pairing currently trading at around $ 1.226 as the ‘greenback’ slumped on September data revealing the weakest US inflation reading since January. With US data also revealing a retreat in underlying inflation, expectations for another near-term Federal Reserve rate cut increased. Daily Express :: City and Business Feed
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