Bitcoin extends slide to below $4,500; loses 30 percent in a week
FILE PHOTO: Representation of the Bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/IllustrationLONDON (Reuters) - Bitcoin tumbled more than 7.5 percent on...
Bank of England to assess impact of draft Brexit withdrawal agreement
The Bank of England will publish its assessment of the monetary and financial effects of Theresa May’s draft withdrawal agreement for Brexit next week to allow MPs to see the results before they...
AO lossmaking in first half amid ‘challenging’ conditions
AO World, the online electricals retailer, said full-year results would be weighted towards the second half due to UK trading conditions that are “more challenging than expected.”The group, whose advertising features a version of...
Google to invest $690 million in Danish data center
FILE PHOTO: The brand logo of Alphabet Inc's Google is seen outside its office in Beijing, China August 8, 2018. REUTERS/Thomas Peter COPENHAGEN (Reuters) - Alphabet Inc’s (GOOGL.O) Google will invest 4.5...
Warburg Pincus plans to raise up to $4 billion for new China fund: sources
HONG KONG (Reuters) - Warburg Pincus LLC is looking to raise its second China-focused private equity fund of up to $4 billion, giving the U.S. investment firm more firepower to cut deals in...
Senior City figures call for second Brexit vote
Some senior financiers are advocating a “people’s vote” on Theresa May’s Brexit deal, exposing a sharp split with much of the City of London, which last week backed the prime minister’s blueprint for...
Bitcoin may hover above $4,795
FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/IllustrationSINGAPORE (Reuters) - Bitcoin has found a support at $4,795. It may hover...