Carillion’s journey from reporting “an encouraging start to the year”, “new orders” and “increased revenue visibility”, to a writing down of its construction contracts by £845m, to struggling with debt and unpaid suppliers, to entering compulsory liquidation has taken… just 258 days.
- The London School of Cryptonomics
- Intel's disruption, and the problem with every token pitch
- Buy SEC tokens! Now!
- Crypto “hedge fund” update
- The CryptoMillionsLotto
- We ran away with your bitcoins!! LOL, JK
- About that Petro
- Michelle Mone brings a touch of the avant-garde to finance
- Conservative peer stakes her name on a crypto offering, just as the market crashes
- Crypto market put on notice — yet again
- ICO regulator anger translator
- Kodak makes last desperate bid for relevance with cryptocurrency
- Crypto cards just suffered a major setback
- Bank analyst very proud of his cryptocurrency mining rig
- Crypto bust alert [siren]
- What ICO valuations tell us about the state of modern monopolies
- The Hitchhiker’s Guide To Cryptocurrencies
- This is nuts. When’s the crypto crash?
- Do crypto enthusiasts fear credit?
- What is tokenisation really?
In reality, exposes commodity-backed crypto coins are just commodity ETFs in disguise.
Customers are used to be being put on hold by retailers. Retailers are less used to being put on hold by customers, writes Matthew Vincent. But that is exactly what has happened to Dixons Carphonethis year: customers decided to put their mobile phone upgrades on hold, refusing to choose expensive new models, and forced the electricals retailer to ring up a profit warning.
Turns out that mishandling a banking crisis and then systematically annihilating the supply of local currency safe assets leads to sustained capital outflows.
The latest batch of forecasts shows the Fed deliberately tightening policy to cause growth to slow and unemployment to rise.
You’d think economies freed from “golden fetters” would have less economic volatility and lower risk of catastrope. And yet…
Bitcoin asset holders have discovered there is logic in taking risk with middlemen if it means idle (and highly volatile) zero yielding assets can be transformed into yielding securities. As a consequence, Bitcoin has gone full-circle and become exactly what it sought out to destroy.
It is. And is the connection between China Molybdenum and Freeport, one of Africa’s largest copper mines — which it bought for $2.7bn earlier this month — also something to do with cobalt? It surely is too. China’s security of cobalt supply.