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china-yuan-pound-trading

Yuan to Start Direct Trading With Pound from tomorrow

18/06/2014(0)
China will allow the yuan to be exchanged directly for British pounds from tomorrow in Shanghai as the world’s second-largest economy promotes the use of its currency in global ... Read More
bitcoin

Bankruptcy protection for bitcoin exchange Mt Gox

18/06/2014(0)
The failed Tokyo-based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement ... Read More
BP logo

China signs £14bn trade deals with UK amid Premier’s visit

18/06/2014(0)
China says it wants to back major UK infrastructure projects and has signed £14bn in trade deals. The news comes on the first full day of a visit by ... Read More
oil-company-iraq

Brent holds above $113 amid Iraq violence

18/06/2014(0)
Brent crude held above $113 per barrel on Wednesday as heavy fighting in Iraq shut the country’s biggest refinery and led to the withdrawal of staff by foreign oil ... Read More
bitcoin-coins

Bitcoin faces biggest threat yet

17/06/2014(0)
The Bitcoin digital currency system is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs some of ... Read More
alibaba3

Alibaba gives more business details ahead of IPO

16/06/2014(0)
Alibaba is pulling back the curtain a little bit more, providing more information about its partnership structure and financials ahead of its planned initial public offering. China’s biggest e-commerce ... Read More
Greenpeace protest

Greenpeace loses £3m in currency speculation

16/06/2014(0)
Environmental group apologises for record losses last year after employee lost campaign funds on international currency markets. Greenpeace International last year lost €3.8m (£3m) of donations through speculation on ... Read More
Bank of England

Bank of England ‘puzzled’ by productivity gap

16/06/2014(0)
The Bank of England says productivity is 16% below its pre-crisis trend – but says it is at a loss to understand why. Its latest quarterly bulletin says that ... Read More
Mario Draghi - ECB

Tough bank test

16/06/2014(0)
A European Central Bank policymaker is voicing concern that Europe may be too tough on banks as they undergo “stress tests” to measure their financial resilience. European officials are ... Read More
medtronic

Medtronic to buy Covidien for $42.9 billion, rebase in Ireland

16/06/2014(0)
U.S. medical device maker Medtronic Inc said on Sunday it had agreed to buy Covidien Plc for $42.9 billion in cash and stock and move its executive base to Ireland in ... Read More
Broker Cyprus TopFX