Funding platform Crowdcube’s losses spiral as costs surge

[ad_1] Bill Simmons and Matt Cooper, Crowdcube’s co-chief executives Crowdfunding platform Crowdcube haemorrhaged cash last year after its costs surged amid the “largest economic downturn in decades,” the company’s latest…

Barry Silbert’s crypto empire continues to spiral as ex-NYSE president buys news site CoinDesk

[ad_1] Barry Silbert, Founder and CEO, Digital Currency Group  David A. Grogan | CNBC After months on the market, crypto news site CoinDesk has finally been acquired by a business…

Google has sent internet into ‘spiral of decline’, claims DeepMind co-founder

[ad_1] Google has plunged the internet into a “spiral of decline”, the co-founder of the company’s artificial intelligence (AI) lab has claimed. Mustafa Suleyman, the British entrepreneur who co-founded DeepMind,…

War in Middle East may spiral, push monthly petrol subsidy to N644.8b

[ad_1] EDITORS NOTE: Graphic content / A salvo of rockets is fired by Palestinian militants from Gaza City toward Israel, on October 8, 2023. – The death toll surged to…

Will EVs Send OPEC Into a Death Spiral? – Slashdot

[ad_1] This week the UK’s conservative Daily Telegraph newspaper published an interesting perspective from their world economy editor. “Saudi and OPEC officials self-evidently do not believe their own claim that…

Major UK high-speed rail project could be cut short as costs spiral

[ad_1] Northerners say they are ‘treated as second-class citizens when it comes to transport’. The UK might cut its planned HS2 high-speed rail line short as costs triple. ADVERTISEMENT The…

South Africa has hit a debt spiral

[ad_1] The rand dropped, underperforming most emerging-market peers, and yields on South African local-currency bonds rose after data showed the government ran a record budget deficit in July. The rand…

China facing ‘downward spiral’ as property crisis deepens

[ad_1] UBS cut their growth forecasts for China from 5.2pc to 4.8pc this year, and from 5pc to 4.2pc next year. Citi, Morgan Stanley, Barclays, JPMorgan, Deutsche Bank and Nomura…

How France became trapped in a spiral of chaos and decline

[ad_1] Whatever became of France? Once the most beautiful, brilliant and civilised country on earth, it is now caught in a seemingly irreversible spiral of decline. The French know it…

Top economist Paul Krugman says the US economy is growing too fast to spiral into a debt crisis

[ad_1] Franck Robichon/Reuters The US won’t spiral into a debt crisis anytime soon, Paul Krugman says. That’s because economic growth is larger than the interest rate on government debt. Some…