Search Results for: mining
PwC accused of cheating firm out of $138m
March 26th, 2018
The accounting giant PwC is accused of conspiring to cheat a firm of consultants out of at least £75m ($138 million) in a deal with the controversial mining tycoon Frank Timis, in a London High Court battle over natural ...
Early Market Review: Oil prices fell as on Monday reversed increases last Friday
March 19th, 2018
Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude futures were at $62.02 a barrel at 0350 GMT, down ...
U.S. dollar lower against a basket of currencies; Asian share markets review
March 12th, 2018
A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites ...
‘Big Bitcoin Heist’—Iceland Cryptocurrency Thefts Lead to 11 Arrests
March 6th, 2018
Eleven people, including a security guard, were arrested in Iceland in connection with the theft of almost $2 million worth of cryptocurrency-mining equipment from local data centers. Icelandic media are referring to the theft as the “Big Bitcoin Heist.” ...
Currency exchange value dynamics
March 2nd, 2018
In a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those who already see inflation as society’s greatest problem in the ...
How to choose the best bitcoin or cryptocurrency exchange
March 1st, 2018
During the bitcoin frenzy at the end of December, Coinbase, one of the premier exchanges, halted trading briefly due to crushing volume as prices plunged. Many of Coinbase’s competitors also have suffered growing pains as digital money grows ever ...
ACCA: What features a quality audit should possess
February 22nd, 2018
A quality audit is vital to public confidence in the audit process and its value. However, the key elements of a quality audit can sometimes exist in mutual tension, and robust discussion among key stakeholders is required to align ...
Lessons from the Cryptojacking Attack at Tesla
February 21st, 2018
A few months ago, the RedLock Cloud Security Intelligence (CSI) team found hundreds of Kubernetes administration consoles accessible over the internet without any password protection. A couple of the instances belonged to Aviva, a British multinational insurance company, and ...
Brexit – the battle for ideas
February 9th, 2018
The battle for ideas in the Brexit debate comes down to two basic economic approaches. The neo-Keynesian macroeconomists in the permanent establishment, who manage the state as economic planners and regulators are on one side. They are naturally ...
Bitcoin and digital money ‘here to stay’ despite concerns
February 7th, 2018
This week Lloyds and Virgin Money stopped customers using credit cards to buy cryptocurrencies, amid concerns they could run up too much debt. It comes as the value of Bitcoin and other cryptocurrencies fell after a year when prices ...
