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Funds News Headlines

Bitcoin fever exposes crypto-market frailties

As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.

MPs say watchdog too slow on steelworker pensions

Britain's markets watchdog was accused on Wednesday of being an "archangel with feet of clay" for not dealing faster with concerns that steelworkers are being "ripped off" over their pensions, members of parliament said on Wednesday.

Major Cineworld investor 'uncomfortable' with debt for Regal deal

One of the biggest shareholders in Cineworld has expressed concern about the company's $3.6 billion (£2.7 billion) takeover of bigger U.S. rival Regal Entertainment, saying it is uncomfortable with the debt the British business will take on to finance the deal.

Hedge funds add wary sterling bets before EU summit

Sterling steadied on Monday after posting its biggest daily drop in more than a month on Friday, with investors cautiously adding some long bets at the start of a week when Britain and the EU will sign off on a deal to move to the next stage of Brexit talks.