Chinese province to cut off Bitcoin miners from hydropower stations

Regulators from Yingjiang County in Yunnan, China have issued strict warnings to hydroelectric plants against supplying power to enterprises involved in Bitcoin (BTC) mining. A recent report claimed that the Office of the People’s Government of Yingjiang County issued notice to hydropower plants to strengthen oversight on Bitcoin mining operations. According to the announcement, the… Continue reading Chinese province to cut off Bitcoin miners from hydropower stations

Foreign aid cut: Government bid to avoid Conservative rebellion ‘coming apart at the seams’, says ex-minister Andrew Mitchell

A Conservative ringleader has told Sky News the government’s attempt to avoid a Tory rebellion on foreign aid cuts is “coming apart at the seams” ahead of a crunch vote in the House of Commons. Later on Tuesday, MPs will vote on Prime Minister Boris Johnson’s decision – in the face of the government’s huge… Continue reading Foreign aid cut: Government bid to avoid Conservative rebellion ‘coming apart at the seams’, says ex-minister Andrew Mitchell

Hungary plans Bitcoin tax cut as part of economic recovery program

Cryptocurrency investors in Hungary could be getting a major tax break very soon, as lawmakers seek to make the central European country more competitive in the wake of the COVID-19 pandemic. In a video that appeared on Facebook Tuesday, Finance Minister Mihaly Varga outlined the government’s stimulus program through 2022. As part of the post-COVID-19… Continue reading Hungary plans Bitcoin tax cut as part of economic recovery program

Hungary plans Bitcoin tax cut as part of economic recovery program

Cryptocurrency investors in Hungary could be getting a major tax break very soon, as lawmakers seek to make the central European country more competitive in the wake of the Covid-19 pandemic. In a video that appeared on Facebook Tuesday, Finance minister Mihály Varga outlined his government’s stimulus program through 2022. As part of the post-Covid-19… Continue reading Hungary plans Bitcoin tax cut as part of economic recovery program

Climate cash to cut building emissions as UK targets ‘world’s first low-carbon-industrial sector’

A vision to create the “world’s first low-carbon industrial sector” has been revealed that aims to cut emissions by manufacturing and construction firms by two-thirds by 2035. The government also announced, alongside the launch of its Industrial Decarbonisation Strategy, that 429 public buildings across England would share £932m to slash greenhouse gasses and improve energy… Continue reading Climate cash to cut building emissions as UK targets ‘world’s first low-carbon-industrial sector’

Coronavirus: Pfizer to cut COVID vaccine deliveries in Europe as it upgrades production facility

Pfizer has confirmed it is planning to temporarily slow deliveries of its coronavirus vaccine to Europe while it focuses on upscaling its manufacturing facilities. The pharmaceutical company, which has partnered with Germany’s BioNTech to make the vaccine, said the upgraded capacity would make it easier to reach its target of producing two billion doses a… Continue reading Coronavirus: Pfizer to cut COVID vaccine deliveries in Europe as it upgrades production facility

Maersk to cut jobs in major reorganization

Truckers demand regulation as coronavirus tanks shipping rates Trucking companies are at risk of going under as shipping rates decline. FOX Business’ Jeff Flock with more. COPENHAGEN (Reuters) – Maersk will cut jobs in a major shake-up that will affect a third of the shipping giant’s staff as it seeks to integrate its seaborne container… Continue reading Maersk to cut jobs in major reorganization

3M to cut costs as business cools beyond masks

New measures needed post-coronavirus to prevent sick kids in classroom: Pediatric infectious diseases specialist Pediatric infectious diseases specialist Dr. Frank Esper discusses how vulnerable children are to coronavirus. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below 3M Co., the maker of coveted N95… Continue reading 3M to cut costs as business cools beyond masks

Teen ‘vampire’ who cut out a pensioner’s heart & drank blood from a saucepan ‘would have become serial killer’, says cop – The Sun

AS a young teen Matthew Hardman spent hours locked in his bedroom, poring over websites about vampires and ritual sacrifices. But when he became convinced that drinking the blood of the elderly could make him immortal, his dark obsession turned into a murder plot. In November 2001, the 17-year-old from the Welsh island of Anglesey… Continue reading Teen ‘vampire’ who cut out a pensioner’s heart & drank blood from a saucepan ‘would have become serial killer’, says cop – The Sun

Fed's Surprise Rate Cut Led Bitcoin to Surge, and It Crashed Minutes Later

It has been a turbulent past few weeks for virtually every major market across the globe, with Coronavirus fears sparking an intense selloff that sent the Dow Jones, Gold, and Bitcoin all reeling lower in tandem. This correlation has shown no signs of slowing down, as the Fed just announced a 50-basis point rate cut… Continue reading Fed's Surprise Rate Cut Led Bitcoin to Surge, and It Crashed Minutes Later

China to cut import tariffs, open markets

We’re seeing a dramatic change in global opinion on China: Gordon Chang China analyst Gordon Chang discusses senators urging NBC to not air the 2020 Beijing Winter Olympic games over the communist country’s human rights abuses and China’s actions in Hong Kong. The Ministry of Finance announced on Monday tariff cuts effective Jan. 1 on… Continue reading China to cut import tariffs, open markets

Tata Steel to cut 3,000 European jobs – report

Tata Steel is planning to cut around 3,000 jobs in Europe, with over half in the Netherlands, a source has told Reuters. According to the agency, Tata said on Monday that the cut jobs are necessary as it wrestles with excess supply and high costs. But it said the company insisted there will be no… Continue reading Tata Steel to cut 3,000 European jobs – report

Juul to cut up to 500 jobs by the end of 2019

Early Juul investor on why he’s in favor of pulling flavored products from shelves Evolution VC Partners’ and early Juul investor Gregg Smith discusses Juul’s decision to pull flavored products from the market. Juul will be letting go up to 500 people by the end of 2019, somewhere between 10% and 15% of its workforce, The… Continue reading Juul to cut up to 500 jobs by the end of 2019

PG&E could cut power again to 2.5M people to prevent more wildfires

PG&E facing sanctions after California blackouts Radio talk show host Larry Elder discusses the PG&E blackout controversy and who is to blame in this situation. Pacific Gas & Electric warned Friday that high winds this weekend could force the embattled utility giant to shut off power to about 850,000 customers in Northern California as a… Continue reading PG&E could cut power again to 2.5M people to prevent more wildfires

HSBC set to cut up to 10,000 jobs in drive to slash costs: report

HSBC Holdings is planning to cut up to 10,000 jobs globally as interim chief executive officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported. HSBC is reportedly going to announce thousands of job cuts.Credit:AP The plan represents the lender's most ambitious attempt in years to cut costs, the newspaper… Continue reading HSBC set to cut up to 10,000 jobs in drive to slash costs: report

‘Cut in levy to spur growth’

Manufacturing, real estate sectors may witness good times Finance Minister Nirmala Sitharaman’s decision to bring down corporate tax rate from 30% to 22% [effective tax rate from 35% to 25.2%] will spur economic growth and lead to capital formation, according to industry captains. “The sharp cut in corporate tax is one of the biggest reforms… Continue reading ‘Cut in levy to spur growth’

How a Fed rate cut could impact the housing market

Fed likely to cut interest rates on Wednesday Gibbs Wealth Management President and CIO Erin Gibbs and Clearstead Advisors Senior Managing Director Jim Awad explain how the trade negotiations are affecting the markets. The Federal Reserve will hold a two-day policy meeting this week, where the central bank is expected to announce another cut to… Continue reading How a Fed rate cut could impact the housing market

Ryanair to cut hundreds of jobs because it has ‘too many staff’

Ryanair has told its staff it is preparing to announce hundreds of job losses in the coming weeks because it has more staff than it currently needs. In a video message to staff seen by Sky News, Ryanair chief executive Michael O’Leary told employees that the airline has 900 more staff than required, and that job… Continue reading Ryanair to cut hundreds of jobs because it has ‘too many staff’

‘Small rate cut is not enough’: Trump renews attack on Fed ahead of meeting

US President Donald Trump renewed his attack on the Federal Reserve ahead of its meeting this week, complaining it "probably will do very little" to counteract actions by Europe and China to ease monetary policy and declaring "a small rate cut is not enough." US central bankers are widely expected to lower interest rates by… Continue reading ‘Small rate cut is not enough’: Trump renews attack on Fed ahead of meeting

UFC 240: Cris Cyborg cut, but outworks gritty Felicia Spencer

Former UFC champ Cris Cyborg rebounded from a brutal knockout to close her contract on a win. But ex-Invicta champ Felicia Spencer accomplished her goal of making her opponent look human. Cyborg (21-2 MMA, 6-1 UFC) went the distance and secured a unanimous decision victory against a tough Spencer, who absorbed her early fury and survived in deep… Continue reading UFC 240: Cris Cyborg cut, but outworks gritty Felicia Spencer

Head boy who has NEVER cut hair ‘told to chop it off’ by new school

Primary school head boy, 11, who has NEVER cut his hair is ‘told he must chop it off’ to get a place at grammar school Alfie Howard-Hughes, 11, told to cut hair by Colchester Royal Grammar School But head-strong youngster has vowed not to buckle and lop off his long locks His mother Katy Cox, 33, slammed… Continue reading Head boy who has NEVER cut hair ‘told to chop it off’ by new school

Couple cut TOENAILS and put FEET on tray table on high-speed train

Revolting moment couple cut their TOENAILS and put their BARE FEET on the tray table on a high-speed train in China Man and woman decided to take off their shoes after boarding the train in Hunan Horrifying clip shows the woman blatantly snipping away before putting feet up Husband was seen putting his bare feet… Continue reading Couple cut TOENAILS and put FEET on tray table on high-speed train

18,000 Jobs Cut By Deutsche Bank As They Delve Into Bitcoin

Banking and finance have always been quite a risky industry. Risk is something that has been associated with money since the dawn of time (probably), but despite this, it has been able to survive.  But despite all the bumps along the way, traditional banking is now facing its biggest threat; cryptocurrency. This may sound like… Continue reading 18,000 Jobs Cut By Deutsche Bank As They Delve Into Bitcoin