Business

BLUEWATER BIO: Wastewater firm’s global clean sweep

WATER treatment expert Bluewater Bio, whose cost-effective, eco-friendly technology turns sewage black spots into sweet clean ones, has begun a £28.6 million project in Bahrain. Daily Express :: City and Business Feed

Pound euro exchange rate rises ECB sets up ‘strong’ stimulus package to boost Euro economy

The pound euro exchange rate edged to €1.094 this morning on speculation that the European Central Bank’s planned stimulus package will be bigger than initially expected. Olli Rehn, a member of the ECB’s rate-setting committee, said: “When you’re working with financial markets, it’s often better to overshoot than undershoot, and better to have a very strong package of policy measures than to tinker.” Daily Express :: City and Business Feed

China’s bitcoin rival claims are branded ‘nonsense’

CHINA’S claim that its cryptocurrency rival to bitcoin is almost ready for launch has been cast into doubt by some of the region’s leading crypto observers. Earlier this week, the deputy director of the People’s Bank of China – Mu Changchun – hinted at an event in Beijing that the cryptocurrency was “very close to being out” and that the bank itself would be the issuer of the digital asset.… Read More »China’s bitcoin rival claims are branded ‘nonsense’

Pound US dollar exchange rate: GBP/USD steady as UK retail sales beat expectations

The GBP/USD exchange rate is currently trading at $ 1.206, virtually unchanged from today’s opening levels. UK retail sales figures have helped the Pound find its feet this morning. The Office for National Statistics reported a 0.2 percent expansion in sales for July, slowing from sales growth of 0.9 percent the previous month, but confuting expectations for a sales slump. Daily Express :: City and Business Feed

BITCOIN: Is the cryptocurrency stuck in a crypto triangle?

THE seemingly stagnant nature of what many had expected to be bitcoin’s August boom is showing little sign of freeing itself from the vice-like grip of a range that is struggling to elevate itself above $ 11,600. Daily Express :: City and Business Feed