Saajan Raja

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Far from stepping back, top central banks are set to double down | Reuters

WASHINGTON (Reuters) - Central banks’ repeated warnings that there are limits to what they can do to bolster the sputtering world economy could suggest they are about to pull back and pass the baton to governments.<p>The Federal Reserve Building stands in Washington April 3, 2012. REUTERS/Joshua …

Federal Reserve

Mt. Gox and the mother of all short squeezes

2016-05-20T09:24:47.000Z<p>By: Izabella Kaminska<p>When Mt. Gox, the Japan-based bitcoin exchange run by Mark Karpeles, stopped honouring redemptions on …

Bitcoin

Island hopping in the Philippines

Head to the 7,107 beach-fringed, tourist-free isles of the Philippines for a glimpse of untouched South-East Asia<p>The sun had melted like mango ice …

Mobile Payment Platform Minkasu Raises $1M Seed Round

It faces several formidable rivals, but Minkasu believes it has developed the easiest way to make mobile payments. The startup’s iOS and Android app stores encrypted credit card information, does not need passwords, and lets shoppers complete transactions with one click.<p>Minkasu, which means …

FinTech

BERNANKE: Let me tell you something about 'currency wars' ...

It also established currency swap arrangements—in which the Fed provided dollars in exchange for foreign currencies—with fourteen foreign central banks, including four from emerging markets.<p>However, once the crisis had passed and recovery begun, national economic interests began to diverge. In …

Economics

Lost at sea: the man who vanished for 14 months

In November 2012, Salvador Alvarenga went fishing off the coast of Mexico. Two days later, a storm hit and he made a desperate SOS. It was the last anyone heard from him – for 438 days. This is his story<p>As they motored across the lagoon in the Marshall Islands, deep in the middle of the Pacific …

Pacific Ocean

The Future Of Bitcoin Isn’t Bitcoin–It’s Bigger Than That

The shared ledger technology, or blockchain, introduced in Bitcoin could upend the financial industry. And startups are getting in line.<p>Earlier this year, Overstock.com CEO Patrick Byrne bought a $500,000 bond issued by the online retailer.<p>But it wasn’t the size of the bond that drew attention. It …

Blockchain

SpaceX and Tesla backer just invested $50 million in this startup

When the World Bank and the Philippines devised a tax program to help curb smoking in the country, they needed a way to ensure that merchants in …

World Bank

The quiet revolution in our skies

The aviation industry is painfully aware that its future worldwide depends on becoming much quieter<p>There I was in the co-pilot’s seat of a brand new Airbus A350 test plane. Frank Chapman, the test pilot, punched into a keyboard the airport and runway – Heathrow, 27 left – the temperature and …

Carole Lalli's Chocolate Bread Pudding

8 Servings<p>Many bakeries sell chocolate bread, but you can always substitute with a marbled type (such as chocolate babka) instead.<p>Print<p>Ingredients<p>6 large slices day-old chocolate bread, cut into 1" pieces<p>Unsalted butter (for pan)<p>6 large egg yolks<p>½ cup granulated sugar<p>2 cups heavy cream<p>1 cup whole …

Baking

How to make the perfect mango lassi

This cooling yoghurt drink, popular throughout the Indian subcontinent, has a number of things to recommend it. First, it is utterly delicious, as anyone who has thrown caution and official advice about only drinking sealed bottles of water to the wind will testify – creamy and sweet-sour, …

Yogurt

Black-Bottom Brownies

Makes thirty-two 1½" bars Servings<p>For the neatest, cleanest edges, freeze the brownies for 15 minutes so they’re nice and firm before cutting, and dip your knife in hot water between each slice.<p>Print<p>Ingredients<p>Nonstick vegetable oil spray<p>5 large eggs<p>8 ounces cream cheese, room temperature<p>⅓ cup plus …

Dessert

Nasdaq is experimenting with the revolutionary technology behind bitcoin

The Wall Street Journal reports that the Nasdaq is experimenting with blockchain technology in a pilot project, a move that could — if successful — transform the financial industry.<p>So what is the blockchain?<p>First of all, bitcoin is a decentralised currency — there is no central bank, no mint …

Blockchain

5 Easy Muffin Recipes

Our best muffin recipes—in one convenient place!<p>Muffins are so much more than unfrosted cupcakes. From a portable breakfast to a savory dinner side, muffins do it all. Here are some of our favorite recipes.

Breakfast

How Bitcoin Will End World Poverty | Forbes

Soysauce

BA's Best Buffalo Wings

6 Servings<p>Two key steps ensure extra-crisp wings: letting them sit at room temperature evens the cooking time, and the cornstarch dredge transforms into a crunchy shell when fried. If you like your wing sauce super spicy, increase the amount of cayenne in our best hot wings recipe. This is part of …

Blue Cheese

Bourbon-Glazed Chicken Drumettes with Blue Cheese Dipping Sauce

Makes 30 Servings<p>February 2010Print<p>Ingredients<p>2 tablespoons (1/4 stick) butter<p>1 cup chopped onion<p>3 garlic cloves, peeled, thinly sliced<p>1 cup bourbon, divided<p>1 cup ketchup<p>1/2 cup hot pepper sauce (such as Crystal)<p>1/4 cup tomato paste<p>3 tablespoons (packed) golden brown sugar<p>30 chicken drumettes …

Blue Cheese

Morgan Stanley summarizes the key global macro debate in 3 bullets

The world economy is slowing and inflation is troublingly low. Meanwhile, central banks everywhere have are doing everything they can from a policy …

It's Iced Coffee Season! 6 Refreshing DIY Recipes To Try

<i>This was originally published on April 8, 2015.</i><p>Just this morning, I met a friend for coffee before heading into the office. Having gotten there …

Just who is Bill Winters, the new chief executive of Standard Chartered?

The American has had a relatively low profile over the past few years. But he is widely considered to be one of the best bankers of his generation<p>There are not many people that scare Jamie Dimon, the indomitable and outspoken boss of JPMorgan. But Bill Winters, who has just been appointed to …

How Liverpool struck gold with Jordon Ibe

Anfield club had to fight off Manchester City to pluck youngster from obscurity at Wycombe - but their persistence has paid off handsomely<p>It was a chilly night at Fleetwood’s Highbury Stadium in November, 2011 when 20 scouts from an assortment of Premier League and Championship clubs took their …

Readers’ recipe swap: toasties

I had been looking forward to toastie week for quite some time and, from the number of submissions, I’d say our readers were equally enthused. Although oozing, melted cheese is clearly the draw in most instances, you’ve come up with a fantastic array of fillings.<p>AussieAthiest’s Elvis-inspired …

Bread

Dev Patel: ‘I didn't know what I was getting myself into’

The global success of Slumdog Millionaire thrust the schoolboy (and his girlfriend Freida Pinto) into the limelight. But has fame been good to him? Seven years on, he talks break-ups, beards and typecasting. Portraits: Paul Farrell. Styling: Aradia Crockett<p>Dev Patel is tugging away at his hair – …

Dev Patel

Elon Musk's hyperloop is actually making progress

When Elon Musk unveiled his idea for the Hyperloop in August of 2013, no one seemed sure what the next step would be. The Tesla Motors and SpaceX CEO …

George Osborne rattled by tax experts’ accusations of colossal scale of cuts

Institute for Fiscal Studies statement prompts chancellor to condemn ‘hyperbolic news coverage’ on spending plans<p>George Osborne was drawn into a confrontation with Britain’s leading tax and spending experts after the Institute for Fiscal Studies said he had a duty to spell out his deficit reduction …

'Sony-pocalypse': Why the Sony hack is one of the worst hacks ever

In a single week, hackers have brought a major Hollywood studio to its knees.<p>Sony Pictures is dealing with more than downed computers and frozen email. Movies have been leaked, and internal documents have exposed private company memos, along with employees' salaries, Social Security numbers and …

Mark Zuckerberg and Facebook’s Plan to Wire the World

handauli is a tiny town in rural India about a four-hour drive southwest of New Delhi. India’s a big country, and there are several Chandaulis. This …

Silicon Valley

Whisper Is A Startup That's Raised $60 Million — Here's How Much Money The 26-Year-Old CEO Has Kept For Himself

At Business Insider's annual IGNITION conference, we asked Whisper CEO Michael Heyward how much of that $60 million he's been able to keep for himself.<p>His answer: $0. Excluding salary and stock options, of course.<p>When a startup's funding round is particularly hot, sometimes founders ask investors …

Startups

Qatar bids £2.6bn for Canary Wharf

Sovereign wealth fund and its Canadian partners increase offer for Songbird Estates just before regulatory deadline<p>Qatar has made a last-ditch attempt to buy the Canary Wharf business district in east London with a new cash bid of £2.6bn.<p>Qatar’s sovereign wealth fund and its Canadian partners, …