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Bitcoin plummets in highly volatile trading Bitcoin has slumped as much as 21 percent today, as investors also fled from other cryptocurrencies, notes Bloomberg. Bitcoin opened at $15,561, and tumbled to a low of $12,504 before recovering slightly to trade at $13,942 at the time of publication. Ethereum plunged 18 percent, according to ...
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Man in China sentenced to five years' jail for running VPN Wu Xiangyang was also fined 500,000 yuan (£56,800), an amount equal to his profits since starting the service in 2013, according to a report in the newspaper of China's national prosecutor's office. Wu ran a virtual private network (VPN), a tool that allows unfettered access to websites normally blocked ...
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Inter excels in debt play as rival AC Milan struggles The shifting fortunes of two of Italy's best-known football clubs extends into the debt markets. While Inter enjoyed strong demand last week for a debut bond, AC Milan is struggling to find investors willing to refinance more than €300m in high-interest loans it has from US hedge fund Elliott Management, ...
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Justin in Ethicsland On Wednesday afternoon Steyn checked in with John Oakley on Toronto's AM640 to talk about checks and balances, the age of ethics commissars, Justin Trudeau's close personal friendship with Bahamian island owners, and whether Trump should introduce Boxing.
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