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The Swiss city that lets you pay for most things with bitcoin
John LaurensonBusiness reporter, Lugano, Switzerland AFP via Getty Images Shops and restaurants across the Swiss city of Lugano now accept bitcoin In a McDonald’s by a lake surrounded by mountains, in the centre of the Swiss city of Lugano, a customer orders coffee. “Can I pay with bitcoin?” he asks, and the person behind the…
Petrol retailers in row with government over rip off accusations
But in a statement, Gordon Balmer, executive director of the PRA, said: “Recently I have heard of incidents from some of our members of retail staff being abused by members of the public, who may have been provoked by the incorrect and inflammatory language emanating from some commentators, for example, use of the terms ‘rip…
Nvidia to invest $5bn in rival Intel
Nvidia, the leading manufacturer of artificial intelligence chips, said it will buy a $5bn (£4bn) stake in Intel – a lifeline for its struggling rival on the heels of a separate investment from the US government. The deal, announced on Thursday, will involve a partnership between the two American companies to make personal computer and…
Jersey business owner says minimum wage comments are madness
Businesses, charities and politicians have reacted to criticism of the minimum wage by the economic development minister, with one coffee shop owner calling his public comments “madness”. Earlier this week, the chief minister rejected Deputy Gerald Voisin’s suggestion that the minimum wage was “strangling our economy” and said the minister’s views did not reflect that…
