A £10 gin from ALDI is named one of the best in the world AGAIN at a prestigious spirits competition

A £10 gin from ALDI is named one of the best in the world AGAIN at a prestigious spirits competition

Julie Ashfield, joint managing director of corporate buying at Aldi, said: 'Both firm customer favourites, we're particularly thrilled that our own-label Oliver Cromwell London Dry Gin, and Topaz Premium Gin have been successful at yet another international competition. It's always a proud moment when a
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The @Bitcoin Twitter Account Is at the Heart of Bitcoin's Big Schism

@Bitcoin carries the name of the largest cryptocurrency but, just like Bitcoin.com, frequently issued statements supporting Bitcoin Cash, which split from Bitcoin last year over a disagreement on how the technology should scale. These posts don't sit well with supporters of the original Bitcoin blockchain,
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Connecticut home value growth slowest in the nation, struggles under shadow of 2008 recession

Connecticut's Housing Price Index saw the lowest growth in the nation between 2012 and 2017, according to a review of figures from the Federal Housing Finance Agency. Connecticut's HPI grew 5.5 percent over the course of five years, far lower than the national average of 30 percent and well below
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Crypto Traders Protest Poland's Tax Decision

Digital currency traders in Poland are protesting against a government decision to levy a tax on all cryptocurrency transactions, regardless of whether the taxpayer made a profit. The Finance Ministry published an interpretation of the country's tax code last week, stating that income from transactions on
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Deutsche Bank finally put John Cryan out of his misery

Less than three years after taking over Deutsche Bank, John Cryan is leaving the German lender. The company's stock has fallen more than 50% during his time as CEO, buffeted by billion-euro legal penalties that pre-dated his tenure, declining revenues, and stubbornly high costs.
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The Giraffe in The Coal Mine

Anyone who was long debt (or most financial assets and real estate, for that matter) got crushed, but the ones who were long liquidity now had their own version of a wide-eyed feast with multiple re-entry points where opportunities were quite literally hanging on the bargain basement rack. Market timing
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Housing crisis: California bill aims to help the `missing middle'

SACRAMENTO — As the state's costliest housing markets and high rents threaten to force all but the highest-paid workers into ever-longer commutes, California lawmakers have introduced a bill to help more teachers, firefighters and other middle-income workers live close to their jobs. The new
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Post Office launches a 'no deposit' mortgage where buyers take out loan on parent's home

Its “Family Link” mortgage will see borrowers take out a 90 per cent loan to value mortgage, with the 10 per cent deposit secured against mum and dad's home – as long as they're already mortgage free. Rates start at 4.89 per cent for a five year fixed deal. Buyers will then make two separate repayments
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Winklevosses' Gemini to Offer Cryptocurrency Block Trading

Cryptocurrency markets like Gemini, which typically use order-book trading, are joining equity and futures markets in offering blocks. Until recently, block trades have only been possible over the counter, through market makers or investors willing to take the risk of dealing outside an exchange.
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HDFC hikes lending rate by up to 0.20 pc

MUMBAI: Largest mortgage player HDFC today upped its lending rates by up to 0.20 per cent, in line with similar moves by commercial banks. … It started with the private sector lenders like Axis Bank, Yes Bank and Kotak Mahindra Bank hiking their marginal cost of funding-based lending rates, and
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MLG Capital Releases Results of RIA Private Real Estate Survey

Based on survey results as well as individual conversations over the years with 100+ RIAs, several clear trends emerged. “Our research uncovered a major overarching theme. Investors ask their RIAs about private real estate constantly. RIAs believe their clients should be invested in private real estate
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CitiBank Hires New Executives to Mortgage Division

Citi's Mortgage and Retail Bank, a leading global bank with approximately 200 million customer accounts and business dealings in more than 160 countries and jurisdictions, has appointed three new executives to its Mortgage team. David Smith will serve as the COO of U.S. Retail Bank and Mortgage,
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Black Book Finance arranges £7.1m lending with Shawbrook Bank

Shawbrook stepped in with a short‐term bridge for £2.1m – agreed and completed in four days – to allow for the necessary construction reports, and repayment of existing lender before default. Once the construction reports have been finalised, the bridge will convert to a development facility. Michael
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Deripaska's Rusal and aluminium market roiled by US sanctions

“The company's primary focus remains its business and, most importantly, all of its global customers, investors and partners. The company will continue to ensure it abides by all applicable laws and regulations.” Rusal accounts for about 17% of supply outside of China, according to Harbor Intelligence.
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Factbox: Deutsche Bank's 30 Years of Twists and Turns

2003 – Deutsche Bank and Citigroup discuss a potential takeover. Citigroup CEO Sandy Weill and Ackermann have lunch in the Adlon Hotel in Berlin, where Weill proposes a deal: Deutsche would run the combined investment banking operations while Citigroup would take over retail and private
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CivilisedBank Releases Banking License To Focus On Tech

“The board, with the support of our main shareholder Warwick [Capital Partners], has decided to reapply for a banking license rather than try to rush through our current IT development phase,” explained CivilisedBank Non-Executive Chairman Chris Jolly in a statement. “For us, it is essential that we can
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Talks of banking crisis is “fearmongering”, says BSE CEO

India's second-largest state-run lender Punjab National Bank (PNB) was hit by the country's biggest-ever banking fraud of more than Rs 13,000-crore allegedly perpetrated by billionaire diamantaire Nirav and his associates in connivance with some bank officials. A special CBI court has issued
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Credit bubble a-burstin': wave of bankruptcies sweeps subprime car-lenders

The three most prominent lenders in the subprime auto sector shut down spectacularly and suddenly through bankruptcies and fraud investigations (and the bankrupt ones are said to have been fraudulent!). Meanwhile, the borrowers — lent money that everyone understood they couldn't afford, backed
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Facebook Launches Initiative on Social Media's Impact on Elections and Democracy

The company's cofounder and chief executive Mark Zuckerberg on Monday announced that Facebook is launching a completely independent research initiative that aims at understanding how social media can impact elections and democracy in general. Zuckerberg said that Facebook will back the
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Banking: No trust in Malta

Speaking late last year at the Wealth 2.0 conference in London, an event dedicated to technological advances in wealth management, Ali Sadr Hashemi Nejad, the chairman of Malta's Pilatus Bank, gave what his bank called “a sobering speech” on customer trust in the banking and fintech industries.
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