Author: WTX Business Team

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According to the Mayor of Miami Francis Suarez, Elon Musk has highlighted a huge problem with Bitcoin. CEO of Tesla Inc. (NASDAQ: TSLA) has highlighted the fragility of Bitcoin price (CRYPTO: BTC) that reduces its utility as a financial asset. problem with bitcoin stock BTC There’s volatility in everything, there’s volatility in commodities, there’s volatility in dollars but not that kind of volatility. Elon Musk the puppeteer “When one person has the ability to make one…

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Bitcoin ( BTC ) stock price today Today’s Bitcoin Price BTC Bitcoin price Today $36,806.70 -1.41% As of June 02 2021 06:41 BST Please note there is a 10-minute delay in the pricing. ……………………………… tags – bitcoin stock – bitcoin price today uk – bitcoin price today london ——————— ———————

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Bitcoin stock price today Today’s Bitcoin Price BTC Bitcoin price Today $36,613.75 – 6.04% As of MAY 28 2021 09:41 BST Please note there is a 10-minute delay in the pricing. ……………………………… tags – bitcoin stock – bitcoin price today uk – bitcoin price today london ——————— ———————

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Cineworld reopens with a “strong weekend” in the UK Cinemas are back and by the feedback, it looks like film lovers are happy to go back to the movie theatres.  Cineworld said it enjoyed a “strong opening weekend” in the UK, led by demand for Peter Rabbit 2: The Runaway.  It was good news for the chain, as it confirmed that more people than expected returned as the restrictions eased and Cineworld is anticipating “a…

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Sunday Times Rich List: Britain’s top 10 Billionaires  These are the 10 richest people in Britain according to the Sunday Times rich list: Sir Leonard Blavatnik £23bn David and Simon Reuben £21.46bn Sri and Gopi Hinduja and family £17bn Sir James Dyson and family £16.3bn Lakshmi Mittal and family £14.68bn Alisher Usmanov £13.4bn Kirsten and Jorn Rausing £13bn Roman Abramovich £12.1bn Charlene de Carvalho-Heineken and Michel de Carvalho £12.01bn Guy, George, Alannah and Galen Weston…

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Today’s Trending Hashtags Instagram August 2021 – Trending Hashtags for Instagram Top 3 Instagram Hashtags for the UK #cop26 2.#beyonce 3.#weeklyfluff Instagram Pro-Tip Organize your hashtags by different categories then insert them into your posts in a grouping order. Create a list that includes Location-based tags and optimal tags for the post as well. But don’t forget to ensure your niche or business tags are also included. You’re allowed 30 in total. ………………………………………………..

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Microsoft confirm Bill Gates 2000 affair probe  Microsoft has confirmed that its board began an investigation with an outside law firm over an affair Bill Gates had with an employee in 2000.  The report comes not long after it was announced Bill Gates and wife Melinda are set to divorce.  The recent reports suggested a streak of questionable behaviour from the Microsoft co-founder, who is one of the most famous members of the US business…

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Sterling holds ground as Britain eases lockdown The pound has gained against the dollar for two weeks straight and consolidated near the $1.41 mark this morning.  It comes as Britain lifted several restrictions and made a huge leap towards reopening the economy. The easing of restrictions includes international travel and the reopening of bars, cafes and restaurants for indoor service.  “It has been a well-telegraphed move, but major re-opening in the UK today should continue…

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India Covid-19 catastrophe forces bank call centre operations back to the UK Barclays bank has announced some of its India call centre operations will be brought back to the UK as staff in India are struggling to cope with the ongoing Covid-19 crisis.  Other UK and US banks and companies are now deciding on whether to do the same, according to media reports in India over the weekend.  More than 20,000 people in India are…

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Amazon profits skyrocket in first three months of 2021 Amazon’s profit skyrocketed in the first three months of 2021 – coming in at $8.1bn – more than triple what it was in the same period in 2020.  Amazon is among the businesses that have massively benefited from global lockdowns and restrictions.  Since the start of the pandemic, Amazon has posted four consecutive record quarterly profits, gained more than 200 million Prime loyalty subscribers and employed…

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Nestlé cuts 600 jobs, closes UK factory, moves production to Europe Nestlé is set to close its UK factory, leaving almost 600 people redundant, as it moves some of its production to Europe.  The company said products currently being made in the Fawdon plant would move to other plants in Britain and on the continent.  Fawdon opened in 1958 and makes candy including Fruit Pastilles. It is due to close “towards the end of 2023.” …

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Google owner sees record profits as pandemic boom continues Alphabet – owners of Google –  saw its profits climb high in the first quarter as the lockdown boom continues. With people stuck at home in the pandemic, people have used more of its services.  Net profit jumped by 162% to a record $17.9bn in three months to March as advertising revenue grew by a third.  The firm credited “elevated consumer activity online” for its results.…

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JP Morgan ‘sorry’ for £2.8bn funding for ESL  JP Morgan has apologised for funding the failed European Super League, and vows to “learn from” the experience.  Although no money had changed hands, JP Morgan had committed £2.8bn to funding the league.  In a statement, the investment bank said: “We clearly misjudged how this deal would be viewed by the wider football community and how it might impact them in the future.  “We will learn from…

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97% workers prefer working at home Ninety-seven per cent of office workers who are currently working from home prefer doing just that, even when offices reopen.  A recent survey shows 97 per cent want to maintain working from home.  Nine per cent prefer to work from home full time, whilst 88 per cent would want a 50-50 split between office and home.  The survey found that missing real-life contacts is still largely present but has…

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Anna Wintour on the demand for luxury after Covid-19 lockdowns Fashion guru and Vogue editor Anna Wintour told the Financial Times that “lines around the block” at reopened London Gucci and Dior stores show the demand for the luxury lifestyle Condé Nast titles have long chronicled. “People have been locked up for a long time and they are going to go out and want to spend. They are going to want to travel . . . to get dressed…

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London super prime luxury property market was world leader in 2020 2020 proved to be a hit for London’s super-luxury home purchases of any city in the world. London outperformed city rivals such as New York and Hong Kong.  According to Knight Frank, 201 super prime homes – worth more than £2.7bn collectively – were bought in London in 2020, whilst second-place city Hong Kong has 169 sales.  Knight Frank found that overall, global sales…

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UK Big Tech crackdown Facebook and Google are amongst the tech giants facing tougher regulatory regimes in the UK after a new watchdog aimed at curbing their power launched today. The Digital Markets Unit (DMU) will set up new rules to give consumers more control over their data, promote online competition and crackdown on unfair practices.  The new body – based within the Competition and Markets Authority (CMA)- has launched in non-statutory form ahead of…

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