Bitcoin billionaires

Bitcoin Billionaires is a tale of Winklevoss twins and their outrageous venture into the chaotic world of cryptocurrency bitcoin exploring the techno-ideological experiments and financial manias. Ben Mezrich, the New York Times bestselling author of the Accidental Billionaires and Bringing Down the House comes his latest Bitcoin Billionaires.  Harvard educated identical twins Cameron and Tyler…

World’s oldest vegetarian restaurant in the heart of Zurich

  Haus Hiltl’s century old tradition have introduced generations of Swiss and Europeans “ a gourmet temple of healthy indulgence”  combining Indian, Asian, Mediterranean and Swiss influence to make a rich ratatouille of vegetarian options beyond the usual potatoes, recognised by Guinness World Records. The restaurant’s downstairs you have informal pay-by-weight buffet and the first…

ARM suspends business with Huawei

Cambridge headquartered ARM UK-based chip designer has told staff it must suspend business with Huawei according to an internal memo. ARM instructed  employees to halt ” all active contracts, support entitlements and any pending engagements with Huawei and its subsidiaries to comply with a recent US trade clampdown, as its design contained US origin technology.…

Jaguar Land Rover in profit first time in four quarters

Tata Motors-owned Jaguar Land Rover has reported a 55 per cent year-on-year fall in its fourth-quarter profit at £119 million, the company’s first profit in four quarters. This news comes despite the British carmaker’s China sales dropped by 46 per cent in April 2019. According to PB Balaji , CFO, the Chinese sales should return…

British Steel enters insolvency risking 5000 jobs

British Steel goes into compulsory liquidation endangering 5, 000 jobs, 3000 at Scunthorpe and another 800 in Teeside, north-eastern England, and rest in France, Netherlands and sales offices around the world,  at risk in UK and endangering over 20, 000 in the supply chain. The move follows a breakdown in rescue talks between the government…

Jamie Oliver’s 25 restaurant chain collapses with 1000 job losses

Jamie Oliver, Celebrity chef’s chain restaurant group which includes ten Italian chain Barbecoa and fifteen others have appointed KPMG as administrators with a loss of 1000 jobs. Twenty two of the 25 restaurants have now closed but two of Jamie’s Italian restaurants and Jamie Oliver’s Diner at Gatwick airport would continue to trade in the…

Thomas Cook finding it tough to get out this mess and risks collapse

178- year-old Thomas Cook shares were branded worthless yesterday, which triggered a collapse in the value of UK’s oldest travel business and alarming customers scheduled to go on holiday this summer to its ,holiday resorts around the world. The iconic groups shares fell 40 per cent after Citigroup said it was at risk of vicious…

Coca Cola heir caught with $1.3m of cannabis in St Kitts

Alki David 50-year-old Coca Cola  has been arrested with his fellow billionaire business associate  Chase Ergen (66)  after landing in St Kitts on a  private jet allegedly carrying  £900, 000 $1.3 million worth of cannabis. They were transporting  5, 000 cannabis plants  with The Tudors’ actor pal Jonathan Rhys-Meyers (41) and his family.   David…

Metro Bank plans to sell over £1bn worth of loans

Metro Bank plans to sell over £1bn worth of loans amid misreporting scandal that caused its share price to plummet and force it into a rights issue. At the start of the year, regulators discovered  that Metro had misclassified the risk of hundreds of millions of pounds of commercial property and buy-to-let  loans. Reclassifying  the…

Miracle as pilot lands plane carrying 89 people with no front wheel safely

Myanmar National Airlines  pilot landed his Embrarer 190 plane carrying 89 people safely with no front wheel in Myanmar’s Mandalay on Sunday after the aircraft’s landing gear failed. All the passengers and crew members inside the plane were relieved they were Sade. The touchdown was the second instance of a malfunctioning flight in less than…