Business

Personal travel agents boost holiday bookings

[ad_1] Image copyright Getty Images Image caption Customers are opting for luxury destinations like Mauritius as well as those closer to home The British holidaymaker is back in fine fettle with a January jump in bookings for the summer.Helping sales is a growing army of 2,000 personal travel agents who work from home and visit clients whenever convenient.Worries about a Brexit effect on travel and the economy caused a lull
Business

Despite Bitcoin’s Dive, a Former Soviet Republic Is Still Betting Big on It

[ad_1] TBILISI, Georgia — For three years, a windowless warehouse on the edge of town has been whirring with enough energy to power nearly 50,000 homes. Day and night, the warehouse, and dozens of cargo containers in a windswept valley, are generating Bitcoin, the cryptocurrency that has created a virtual gold rush in the former Soviet republic of Georgia.Bitfury, an American technology company, is churning out millions of dollars’ worth
Business

Bitcoin price news: How much is Bitcoin worth now? | City & Business | Finance

[ad_1] Bitcoin is facing another catastrophic fall, according to cryptocurrency experts, which could result in it exponentially rising once again. The internet based currency has been extremely turbulent, spiking and plummeting as people regularly gain and lose confidence. As such, Bitcoin’s value remains difficult to predict, and at the moment is still worth a lot compared to the pound. Experts are predicting Bitcoin could “explode” back into form.Currently, Bitcoin is
Business

Did Australia Poke a Hole in Your Phone’s Security?

[ad_1] SYDNEY, Australia — A new law in Australia gives law enforcement authorities the power to compel tech-industry giants like Apple to create tools that would circumvent the encryption built into their products.The law, the Telecommunications and Other Legislation Amendment (Assistance and Access) Act 2018, applies only to tech products used or sold in Australia. But its impact could be global: If Apple were to build a so-called back door
Business

Fyre Festival’s Organizers Didn’t Pay a Restaurant Owner, So GoFundMe Donors Stepped In

[ad_1] A Bahamian restaurant owner who lost a fortune as a result of the Fyre Festival debacle has recouped nearly all of her losses after a GoFundMe campaign raised more than $167,000.The owner, MaryAnn Rolle, 55, was featured in the Netflix documentary “Fyre: The Greatest Party That Never Happened,” one of two documentaries released this month that chronicle the 2017 music festival disaster, which left attendees stranded without food or
Business

Review: ‘Twilight of the Elites’ Looks at a France, and a World, Divided

[ad_1] Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________Emmanuel Macron’s victory over the far-right National Front party in the French presidential election came only a few months after the ascension of Donald J. Trump to the presidency of the United States, and less than a year after Britain voted to leave the European Union. The outcome, installing a
Business

What Is ‘Toxic Masculinity’? – The New York Times

[ad_1] Welcome to In Her Words, where women rule the headlines. Sign up here to get it delivered to your inbox. Let me know what you think at dearmaya@nytimes.com.“By far the worst thing we do to males — by making them feel they have to be hard — is that we leave them with very fragile egos.” — Chimamanda Ngozi Adichie, award-winning authorFor decades, we used terms like “macho,” “red-blooded”
Business

E.U. Fines Mastercard $650 Million Over Fees Merchants Were Forced to Pay

[ad_1] The European Commission has fined Mastercard 571 million euros, or around $650 million, for breaching antitrust rules by raising payment-processing fees artificially, leading to higher prices for retailers and consumers. The penalty, announced on Tuesday after a six-year investigation by European antitrust regulators, involves the fees banks charge merchants when purchases are made with credit cards. Mastercard, regulators said, forced merchants to use only banks in their home countries
Business

‘Boutique’ Co-Working Spaces Find a Niche Nurturing Small Businesses

[ad_1] In a refurbished Salvation Army building in downtown Lincoln, Neb., Bob Hinrichs runs a co-working space for about 150 people.The workers are not allowed to bring in their dogs, and they don’t curl up in beanbag chairs. But they are encouraged to collaborate with one another and with the city’s wider business community.Mr. Hinrichs works to nurture connections among the small businesses — software developers, public-relations consultants and sustainable-agriculture
Business

Sale of Grenfell cladding firm collapses

[ad_1] Image copyright Arconic A multi-billon-dollar sale of the US company that made external cladding on Grenfell Tower has fallen through.Arconic had been in talks with several US private equity firms about a takeover worth $10bn-plus (£7.7bn).The company, whose shares tumbled on the news, said in a statement that it did not receive an offer that was in the interests of shareholders.A key issue had been protecting any buyer from