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on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec of ....
Updates from the uk s biggest supermarket chain tesco as well as marks and spencer. on wednesday, sainsbury s reported a jump of more than 9% in sales over the past six weeks, sounding good, demand for essentials such as groceries were booming, but sainsbury s was the biggest loser on the ftse 100 yesterday, as it revealed sales in general merchandise slipped, clothing was down, and argos had a dire christmas. natalie berg is founder of the retail consultants nbk retail. good morning. it kind of tells us what we think we know which is the buying essentials, we can t live without our sprouts, milk and turkey but we are choosing not to purchase the more expensive, non essential items? more expensive, non-essential items? ., , more expensive, non-essential items? . , , more expensive, non-essential items? . , , , items? that s right. it s been a tou . h items? that s right. it s been a tough couple items? that s right. it s been a tough couple of items? that s right. it s been ....
Strategies absolutely bearing fruit and they really are making the conduct of the century in the retail world, but i think we will see somewhat softer demand, we will have seen softer demand for their clothing at home, reflecting what we re seeing across the industry. he rightly pointed out sainsbury is softer numbers with their clothing sales yesterday and the argos division and we are continuing to see shoppers look to reign in on that discretionary spend, so i think it ll be a little bit of a mixed bag on the whole i would say that m&s willeton millie boyle and they are expected to be the christmas weather this year. interesting. as ou weather this year. interesting. as you say. weather this year. interesting. as you say. a weather this year. interesting. as you say, a comeback - weather this year. interesting. as you say, a comeback from | weather this year. interesting. - as you say, a comeback from m&s which was once the darling of the high street and the doubling of the ftse ....