harry has announced his engagement to us actress meghan mochel on the pav been dating for over a year but only made their first public appearance together in september at me event for wounded veterans in toronto a statesman statement from the kensington palace said the pair became engaged earlier this month to set to wed in this break. you're watching the t.v. news coming to you live from but in stay with us because guess what ed first has business news coming up shortly and i'll see you at the top of the hour.

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a weekend bull run straight all the way to break that ten thousand dollars savings that's a tenfold increase in its value since the start of the year and more than doubling since the beginning of october what's behind bitcoins latest book. also off the black friday it's cyber monday as the holiday shopping season kicks off online with massive. we take a look at how an american marketing stand is changing bargain hunting across the globe. also on the show how the internet of things is boosting productivity on the factory floor down to the rubbish but. this is e w business i'm gallup as well bitcoin has surged over the weekend briefly trading at more than nine thousand seven hundred dollars on the bit stamp exchange today as more and more mainstream investors are getting interested in the digital currency bitcoins latest bull run received a major boost a month ago when the world's biggest derivatives exchange operator c.m.e.

group said it would start offering bitcoin futures in the fourth quarter but some financial experts have been less bullish on the currency with many warning about the wrists earlier we asked analyst robert hover of bought a bag while vestas are interested on such a large scale right now. just as people are pouring into big currency because the idea of crypto currencies is fascinating it's a new object of speculation which has taken off dramatically since twenty six thousand nine hundred percent and that is drawing the attention of the financial sector they are trying to enter this market by introducing new financial instruments right now you only have limited options to invest money interest rates are at the bottom end for many stocks have risen too sharply already that's why many tend to invest in the new crypto currencies. so what's behind the big con bonanza let's bring in our business reporter steve betsy who's had

a closer look at the phenomenon stephen we just heard why investors are attracted to becomes low interest rates but who are these investors i think to now most of these investors have been individuals who've been working off of single coin exchanges we're seeing more hedge funds come in for example and now as was mentioned before it's these derivatives exchanges such as c. in the chicago mercantile exchange they're coming more online and that's driving a lot more interest and probably driving up a lot of the value of the coin recently it adds a bit of legitimacy that the coin hasn't really had this point because once you start trading futures it looks like perhaps oil or gold something that is more of an asset than a currency so it lends credibility exactly ok these mainstream investors as big big investment banks they've been on more of the fence seven day that's right i think mostly. clean most famous was jamie dimon with j.p. morgan chase he called it a fraud months ago and he hasn't wavered from that he says that it's a dumb investment and we've seen other large investment banks follow suit they've

said that it's dangerous that it's risky and that there's too much volatility there most recently sold or japan for example chief strategist there so there was much too risky for every day investors but we are also starting to see some of that change i think goldman sachs for example they're the ones who have created a cryptocurrency desk for example because they're getting a lot of pressure from larger investment groups institutional investors such as pension boards they want somewhere to put their money they see that this is the thing that's happening right now it's expanding expanding and they want to get in as soon as something goes off like this talk of a bubble is never far away other risk of a bubble but if you can i think so i think that's what everyone's looking at i think that's exactly what the investment banks are saying with the jamie dimon of the world are saying is there's so much volatility there that all it takes a small hiccup in the market and suddenly a lot of wealth is wiped out. and that's the big risk that's why you can't have institutional investors you can't have people's pension money tied up there for

example and they say there has to be watch further to make sure there is some sort of stability before everyone starts coming in for mom and pop star coming in for example putting their money into it should stay cavil's isn't busy thank you very much today is cyber monday marking the start of the online holiday shopping rush it comes hot on the heels of black friday last week where shops offered massive discounts across the board it used to be an american retail phenomenon but not anymore the two days of bargain hunting have caught on around the world here's a look at how businesses are fueling a weekend of crazy conspicuous consumption. a shopping frenzy in the u.s. everything half off in the u.k. . and the rush on online business in china. the black friday cyber monday fever is raging around the world. this electronics chain in the u.s. the birthplace of black friday is offering a fifty five inch t.v.

for just one hundred eighty dollars sixty five inch for seven hundred fifty dollars for some shoppers that's a deal that doesn't need a reason when you get to t.v. from my pants room and i waited for what it's like in. this business and paris is offering twenty percent off all items yet there's no long line before the door and only a few full bags instead there's skepticism over an american shopping spectacle. i think it's an anglo-saxon thing it's not typically french but apparently it's working pretty well there are more people on the streets than i expected the reason i heard about it and i saw a lot of signs i received emails and coupons but it doesn't push me to buy more today. as well so there's no use in germany one resourceful businessman even license the name black friday to get around paying fees other businesses have thought of clever replacements. and in china black friday is just one of several

days of mega sales others are tied to a specialist times of the year. yash raj i usually buy household items during double eleven or double twelve and then i buy famous brand clothes on black friday . that he was jewish and i'm trying to. it's little wonder that marketing experts in china have encourage businesses to sell western name brand products at sale prices on black friday they're luxury items for an emerging chinese middle class. black friday may look different around the world but one thing is common customers our eyes get big when they see that magic word sales. leaders from sixteen eastern and central european countries are meeting chinese prime minister leake young today the summit in budapest is focused on the economy and trade leases that china will provide funding worth more than three billion u.s. dollars for development and investment projects in central and eastern europe some

of the regional projects already announced as part of the scheme such as the belgrade budapest well by reconstruction came under e.u. scrutiny and were halted due to a lack of transparency. the internet of things is going to have a huge impact on the world economy a recent study by a consultancy firm mckinsey says that connecting everyday objects to the internet will add up to eleven trillion dollars to global g.d.p. by twenty twenty five it will change all industry sectors including waste management in the netherlands new breed of smart containers tells the truck where to go and when to avoid unnecessary detours. among readers a rude doesn't know where his job will take him today for years he and his colleagues had set routes now they change every day he sees on his tablet which containers to empty the information comes from sensors installed inside around

fourteen hundred underground garbage containers in the hague around five hundred tons of household waste are thrown away in the city every day but only some containers get so full that they need to be emptied it took him some getting used to but he understands the advantages. of the it's better because you only empty that bends that are actually full so it saves a lot of time you can do more and only do what's necessary. two years ago the waste disposal service haganah your services introduced the sensor system made by the finnish startup and yvo they won't say how much it cost the sensors transmit data four times a day which the staff can use to predict when the containers will be full for the company it's about saving money long term and being able to make more accurate assessments but there are other reasons. if the bins are not full ten twenty

thirty percent it doesn't require emptying it so it would be better for the environment for the traffic jams for the blocking of the streets for the safety of the people on the street to empty it once in two weeks for instance instead of two times a week so it's all quality and environment those were the main goals where we introduced the sensors and of those system is met with skepticism in a lot of countries but they're convinced that automation and online networking will also spread to waste management. we work from north to south so we started somewhere in finland and norway and go the route eventually i guess that the whole of europe will be a waste different kind of solution to our measurements on. the hague wants to permanently install sensors in all seven thousand plus containers in the city despite the increased productivity there are no plans to cut jobs ruined his

colleagues aren't worried they still have plenty to do and there's no slacking off now. yeah yeah. sees where you are in every location they can see on the screen straight away what you've collected and what you haven't and. that means less wasted time and effort and less likelihood the city he's throwing away its money. turns out black friday was a bright day for nintendo the popularity off switch console pushed the japanese videogame giants to the highest level on the nikkei exchange in nine years the switch which was released earlier this year. this holiday season. discounting the console for black friday and that which is today. is now up ninety

five percent this year. and that's it from me and the business team i have an update for you in the next stall feel that.

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