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China bitcoin firms warn New York on regulation


Three of the biggest bitcoin exchanges in China teamed up on Thursday to release a joint letter addressed to New York regulators, warning them that proposed rules for the digital currency will have far-reaching consequences.

UK economic growth passes pre-crisis peak

Flag Of The United Kingdom - Union Jack

Britain's economy powered on in the second quarter, recording its strongest growth since before the financial crisis, but economists warned the pressure was on UK consumers and businesses to sustain the recovery amid the threat of a triple-dip recession in the eurozone.

French economy fails to grow for second quarter

French Flags

The French economy failed to expand during the second quarter of this year after stalling in the first, missing analyst expectations, data from the French national statistics bureau Insee showed.