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Man jailed for laundering more than £10m through Jewish charity

Man jailed for laundering more than £10m through Jewish charity
Met discovered Edward Cohen also sold counterfeit erectile dysfunction and slimming pills.A man has been jailed for almost 10 years for selling counterfeit erectile dysfunction and slimming pills and laundering more than £10m through bank accounts linked to a ...

Facebook's Libra cryptocurrency 'poses risks to global banking'

Facebook's Libra cryptocurrency 'poses risks to global banking'
Move could affect competition and data privacy, warns Bank for International SettlementsFacebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, ...

No-deal Brexit would scupper new PM's spending plans – Hammond

No-deal Brexit would scupper new PM's spending plans – Hammond
Chancellor to warn leadership candidates they can leave with no deal or spend, but not both.The incoming prime minister will be forced to abandon any spending plans if the UK accelerates towards a no-deal Brexit, Philip Hammond is to say in a warning...

Facebook's cryptocurrency ambitions face privacy concerns, political backlash

Facebook's cryptocurrency ambitions face privacy concerns, political backlash
SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.The social networking giant has ...

Going, going, gone: Sotheby’s auction house sold for $3.7bn

Going, going, gone: Sotheby’s auction house sold for $3.7bn
Sotheby’s has agreed to a takeover by the billionaire art collector Patrick Drahi, in a $3.7bn (£2.9bn) deal that restores the auction house to private ownership after three decades on the stock market. The New York-based company, which celebrated its ...

Who's behind the blog

Who's behind the blog

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