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Financial crisis threatens historic blind school

One of the country’s most historic educational centres for young blind people is warning that financial pressures are threatening its survival. The Royal National College for the Blind, which has operated for almost 150 years, says without extra funding it will cease to be sustainable. Lucy Proctor, chief executive of the college’s charitable trust, has […]

Payments giants abandon Facebook’s Libra

Mastercard, Visa, eBay and payments firm Stripe have pulled out of Facebook’s embattled cryptocurrency project, Libra. Their move, first reported in the Financial Times, follows the withdrawal of PayPal, announced last week. It represents a huge blow to the social network’s plans to launch what it envisions as a global currency. The project has drawn […]

Payments giants abandon Facebook’s Libra

Mastercard, Visa, eBay and payments firm Stripe have pulled out of Facebook’s embattled cryptocurrency project, Libra. Their move, first reported in the Financial Times, follows the withdrawal of PayPal, announced last week. It represents a huge blow to the social network’s plans to launch what it envisions as a global currency. The project has drawn […]

Payments giants abandon Facebook’s Libra

Mastercard, Visa, eBay and payments firm Stripe have pulled out of Facebook’s embattled cryptocurrency project, Libra. Their move, first reported in the Financial Times, follows the withdrawal of PayPal, announced last week. It represents a huge blow to the social network’s plans to launch what it envisions as a global currency. The project has drawn […]

US postpones next tariff hike after China trade talks

The US has agreed to suspend its next tariff hike on Chinese imports after two days of trade talks in Washington. US President Donald Trump said negotiators had reached a “phase one deal” that would include increased agricultural purchases and address financial services and technology theft. China’s top negotiator Liu He also said he was […]

UK wants to overhaul airline collapse rules

Planes owned by failed airlines could to be used to repatriate passengers – instead of being immediately grounded – under government plans. Proposed legislation would enable collapsed carriers to be placed into “special administration”, it said. This would mean aircraft and crew could continue flying in the short-term. Under the existing system, the grounding of […]