Bitcoin is falling to a five-month low as investors dump risky assets

Bitcoin and its counterparts fell on Friday after the sale of speculative assets gained momentum and after Russia’s central bank proposed banning all cryptocurrency transactions in the country. The price…

France’s Total supports Myanmar’s gas sanctions

France’s TotalEnergies has approved targeted sanctions on gas revenues in Myanmar, a change that activists say could hit a significant source of funding for General Min Aung Hlaing’s military junta.…

UK retail sales fell sharply in December as Omicron spread

UK retail sales fell much more than expected in December as rising Covid-19 infections and new restrictions affected consumers’ spending on fuel, clothing and sports equipment. The volume of monthly…

UK foreign secretary calls on allies to curb rise of Russia and China

Liz Truss, UK foreign secretary, has called for liberal governments to “face down global aggressors” in a highly charged speech aimed at Russia and China. Truss said Moscow and Beijing…

The fiasco of Unilever’s offers increases the pressure on managers to implement Plan B.

As Christmas approaches, Unilever CEO Alan Jope hoped to give investors something to celebrate: the company’s biggest acquisition to date. In early November, he made an offer to open GlaxoSmithKline…

The scandal in the workplace with Activision makes the gaming giant a major target

Bobby Kotik’s trajectory as a young technology entrepreneur in the 1980s was shaped by remarkable encounters with two future billionaires: Apple co-founder Steve Jobs and casino mogul Steve Win. During…

Before you make fun of crypto losses, what’s in your portfolio?

Cryptocurrencies are popular. If you’re not lazy, old devil, you probably already have a lot. Even I, as rude as anyone, have a few. Last year, the Financial Conduct Authority…

Netflix warning on subscriber growth sends stock plummeting

Netflix warned subscriber growth would slow substantially in the first quarter, sending its stock price down by nearly 20 per cent in late trading on Thursday in the latest instance…

Jack Ma’s Ant Group is involved in a corruption scandal in the Chinese media

China’s state television has implicated Jack Ma’s Ant Group in a corruption scandal, increasing pressure on the billionaire following a crackdown that wiped out billions of dollars from his internet…

Consumer confidence in the UK is falling due to rising living costs and inflation

Consumer confidence in the UK has fallen to its 11-month low as people worry about rising inflation and fuel bills, suggesting rising living costs will slow household households’ recovery. The…