Business / Finance
DIY repair clubs are helping Americans save money and fight big tech
US community repair clinics teach people how to fix their belongings, pushing back against throwaway cultureOn a recent Monday night, a volunteer-run workspace bustled with dozens…
Mt. Gox Pushes Repayment Deadline to 2027 With $2.8B in Bitcoin Still to Distribute
The defunct exchange's trustee said many creditors still have not completed the procedures needed to get their Bitcoin back.
Thames Water creditors secure former Labour minister to drive rescue deal
Stricken UK water supplier lines up John Hutton as independent chair designate if takeover goes aheadThe group of Thames Water creditors pursuing a £10bn rescue deal for Britain’s…
‘We’ve never seen a 44% decline in demand for a brand’: Converse is in free fall and some suspect Nike may sell it
Everything you need to know before you reach the office this morning.
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries.
XRP 30-day exchange inflows pass 6B tokens as whales move to the sidelines
More than 6 billion XRP reached exchanges tracked by CryptoQuant in the 30 days to Oct. 19, the most since March.
Mt. Gox pushes creditor repayment deadline to 2027 in sixth extension
Mt. Gox extended its repayment deadline by another year as some creditors remain unpaid due to incomplete procedures and payment processing issues.
Live updates: Market jitters persist as the AI selloff deepens
South Korea’s KOSPI fell almost 4%, accompanied by one of the weakest IPO debuts in the country’s history, with data centre company Elice tumbling around 30%.
Stocks sell off globally as France imposes riot curfews and Saudi Arabia cancels ‘Davos in the Desert’
Traders sold off after oil hit $111 per barrel this morning, an AI IPO in South Korea lost 30% on its debut, and the yield on the French 10-year bond hit 4.94%, a level it has not…
Former Trump, Biden officials: America’s security depends on startups. Weak patent policy is undermining them
U.S. leaders have stood by for years as the IP infrastructure that undergirds private-sector innovation has crumbled. In some ways, they've accelerated it.
Bitget plans Thai crypto exchange acquisition weeks after $388M hack
The proposed acquisition would give Bitget a route into Thailand’s crypto market through a locally licensed operator.
Billionaire Mukesh Ambani launches India’s biggest-ever IPO
Low-cost broadband provider Jio Platforms aims for £81bn valuation when it floats on the stock market on WednesdayBusiness live – latest updatesIndia’s second-richest man, Mukesh …
Google cloud failure hits millions as UK courts and banks knocked offline
Services restored for most users, but power fault stalled hearings and left Revolut, Lloyds and HSBC customers unable to pay or move moneyBusiness live – latest updatesAn outage a…
Are you a first-time buyer in England? Would the government’s Your First Home scheme help you?
We would like to speak to people in England who are planning to buy a new-build flat or house as their first homeLast month, the government announced plans for Your First Home (YF…
Billionaires are giving your kid stock. Should you say thank you?
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South Korean IPO slump adds to AI market jitters as Brent crude tops $111
Elice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty.
BlackRock Files for 'Buffer' Bitcoin ETF as IBIT Draws $665M in a Day
The iShares Bitcoin Managed Protection ETF would use options on IBIT to limit losses, in exchange for giving up some upside.
JPMorgan projects Bitcoin to outperform US stocks and gold over next decade
JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios.
Nothing’s brand chief is fed up of ‘boring and generic’ smartphone ads—he shares his marketing strategy for taking on Samsung and Apple
The brand chief at London-based tech group Nothing explains how he plans to take on Apple and Samsung by rejecting marketing formulas and inviting the customer into the boardroom.
Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
Fidelity's FBTC and Grayscale's GBTC saw outflows of $83.6 million and $54.9 million, respectively.
BlackRock files for third Bitcoin ETF, still no Solana or XRP
BlackRock’s proposed Bitcoin fund would use options to limit potential losses and gains, adding another strategy to its existing Bitcoin and Ether ETF lineup.
A modest increase in bank taxes is not the end of the world for lenders | Nils Pratley
As long as Healey doesn’t go overboard, a small turn on surcharge dial will not seriously undermine flow of capitalEveryone is familiar with the banks’ plea: raising taxes on them…
Zuckerberg spent years building on Apple’s terms. His $100 billion-plus AI bet is about owning everything
Zuckerberg and chief AI officer Alexandr Wang want Meta’s Muse agents to shop for you. That could disrupt the ad machine paying for it all.
Healey to reject calls to raise capital gains tax in budget
Cabinet colleagues have previously called for an increase but chancellor feels it might ultimately cost the TreasuryUK politics live – latest updatesJohn Healey will not raise cap…