Cash flow: UK village ravaged by unemployment uses tidal energy to mine cryptocurrency

A BRITISH seaside village crippled by unemployment is mining cryptocurrency using the power of the English Channel. Residents of Jaywick, near Clacton in Essex, are using tidal energy to power small cryptomining devices that float in the water. A BRITISH seaside village crippled by unemployment is mining cryptocurrency using the power of the English Channel. Residents of Jaywick, near Clacton in Essex, are using tidal energy to power small cryptomining devices that float in the…

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Mirae has generated alpha through stock selection, not sectoral calls: Neelesh Surana

Neelesh Surana says even with the given externalities, investment professionals have to find businesses that can face the current market headwinds and still deliver decent growth in the long term.The focus is on stock selection, through bottom-up approach, of growth firms with reasonable valuation Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Give your financial portfolio a realty check

When the Jains met a financial planner, they realized the importance of asset allocation and why they shouldn’t have tried to time the real estate market.Jain said retirement planning is essential as life spans have increased and critical diseases such as cancer have become common Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Pound US dollar exchange rate: mounting speculation for snap UK election sees GBP/USD sink

The pound US dollar exchange rate fell to $1.208 this afternoon amid snap general election speculation. This follows Prime Minister Boris Johnson’s announcement he will be the chairman of an emergency cabinet meeting later today. The GBP/USD pairing fell today as Brexit fears continue to haunt UK markets. The pound US dollar exchange rate fell to $1.208 this afternoon amid snap general election speculation. This follows Prime Minister Boris Johnson’s announcement he will be the…

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Pound Euro exchange rate: GBP/EUR falls as UK manufacturing drops to seven-year low

This afternoon, the Pound slipped against the Euro with the pairing currently trading at around €1.101. Today’s UK manufacturing PMI contributed to a weaker Pound, showing a slump of 47.4 in August and pointing to the steepest contraction since 2012. The data also revealed new orders tumbled at their fastest pace in seven years and business confidence sinking to a record low. This afternoon, the Pound slipped against the Euro with the pairing currently trading…

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Hurricane Dorian is a dangerous Category 4 hurricane — pummeling the Bahamas and heading “dangerously close” toward Florida

Hurricane Dorian on September 2. | NOAA/NESDIS/STAR A worst-case scenario is playing out the Bahamas. Florida and the southeast US may be spared the worst. But uncertainties remain. On Monday, Hurricane Dorian slammed into the Abacos Islands in the Bahamas as an incredibly powerful Category 5 hurricane, with howling winds in excess of 185 mph and with gusts up to 220 mph. The storm brought with it a surge — coastal flooding — of 18-to-23…

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