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Business activity in the eurozone grew faster than expected in February, strengthening the rebound from last year’s energy crisis and reinforcing calls for the European Central Bank to keep raising interest rates to tackle high inflation. S&P Global’s flash eurozone composite purchasing managers’ index, a measure of activity in manufacturing and services, rose to 52.3
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Eighteen months ago, this profession of mine had Sir Keir Starmer down as a loser. Now that his UK Labour party is 20 points ahead in the polls, we are doing the gracious thing. We are telling him why he isn’t further in front. He “must be brave”. He “must be more radical”. His party
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Arizona’s Sonoran Desert may bring to mind saguaro cactus, rock formations and wildflowers. But it’s also home to oases of residential communities, rolling golf courses and Major League Baseball spring training. This luxury home for sale in Scottsdale sits along the par-5 14th hole of the Tom Fazio-designed Estancia Club. The architecturally intriguing residence was
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Using a solution that is based on blockchain technology, the South African startup Momint has said the recently launched Suncash initiative aims to ease the country’s power generation challenges. For about $9, investors can reportedly buy non-fungible tokens (NFTs) linked to solar cells which are then leased to institutions such as schools and hospitals. Momint
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This video goes through 13 of the most common mistakes investors make. If you can avoid these you stand a much better chance of succeeding in building your wealth. After all, what’s better than learning from your mistakes? Learning from ones you haven’t made yet! ?ur Investing 101 series will cover the fundamentals of investing
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Jeremy Hunt has received an unexpected £30bn windfall in the public finances ahead of his March Budget, giving the chancellor scope to provide extra support for energy bills, keep fuel taxes down and potentially solve public sector strikes. In figures that surprised economists and the Treasury, the Office for National Statistics said the public sector
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China has warned western countries against “adding fuel to the fire” in Ukraine and reiterated calls for peace talks ahead of an expected visit to Moscow by Beijing’s most senior diplomat Wang Yi. The comments, from foreign minister Qin Gang, came as Beijing moved to institutionalise its so-called Global Security Initiative, a proposed alternative international
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Grid trading is a quantitative trading strategy that involves placing automated buy and sell orders in an attempt to profit from the volatility of cryptocurrencies. Grid trading is a style of algorithmic trading that automates order execution by utilizing grid trading bots.  To create a grid of orders that covers a range of potential market
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Globant, a Luxembourg-based tech giant with Argentine origins, has referred to the short-term future of the metaverse in its latest Tech Trends report. According to the company, this year the metaverse will “burn bright or burn out,” as it needs to show its potential when compared to other trendsetting tech like artificial intelligence. Metaverse at
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‘Less interest than anticipated’ — PROOF cancels NFT event Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds has confirmed that their flagship conference “Proof of Conference” scheduled for May has been canceled, citing “less interest than anticipated.” We made a tough decision today, I want to apologize to everyone that planned on
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At a small rural farm about an hour’s drive from the Zambian capital city of Lusaka in late January, US Treasury secretary Janet Yellen stood before a gathering of farmers and told them she understood the destruction that global warming was causing. “We know that over the past decade, storms, floods, and droughts in Africa
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Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam Revenue Fell Significantly in 2022’ Blockchain data analytics firm Chainalysis published its 2023 Crypto
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The British Business Bank wants greater independence to become a UK “sovereign growth fund” that can reinvest proceeds from its venture capital investments, according to its new chief executive. In an interview with the Financial Times, Louis Taylor called on ministers to make key decisions on the future of the state-owned economic development investor, including
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