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International InvestmentFSCS declares three SIPP operator firms in defaultInternational InvestmentAs reported, the FSCS said last week that it plans to increase the amount it levies on UK financial services businesses by 5%, even though the period of time covered will only be nine months rather than 12, citing “the higher cost of enhancing FSCS ...
Pensions & InvestmentsInstitutions close European mortgage gapPensions & InvestmentsOpportunities in European mortgages are emerging, with pension funds beginning to fill the funding gap left by European banks in the aftermath of the global financial crisis, estimated by McKinsey & Co. to reach €3.4 trillion ($4 trillion) by 2019. Now ...and more »
The SunAmazon launches supermarket with NO checkouts and uses cameras to track what shoppers remove from shelvesThe SunShoppers must scan the supermarket's app on the gated turnstile while sleek black cameras monitoring from above and weight sensors in the shelves help Amazon determine exactly what people take. The items customers pick up are added to a virtual ...and more »
The TimesBitcoin investors seek refuge in gold after price collapseThe TimesDaniel Marburger, director of Coininvest, told The Times that on one “crazy” day, January 16, he sold 30kg of gold worth about £1 million to bitcoin investors as the currency fell 23 per cent. Analysts said that bitcoin's 40 per cent collapse over the ...