By Samuel Shen and Alun John China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in the major mining centre. Cryptomining is big business in China, accounting for more than half of global bitcoin production. But the State Council, Continue Reading

Rating agency Fitch raised Britain’s outlook to ‘stable’ from ‘negative’ on Friday, saying macroeconomic, labour market and fiscal outturns since the start of 2021 showed the economy was more resilient to the impact of the pandemic shock. “The roll-out of the UK’s coronavirus vaccination programme has been rapid…which could dampen Continue Reading