WTO cancels summit with 164 governments as concerns over new Covid variant grow November 27, 2021 Following new travel restrictions in Switzerland, following the emergence of a worrying new coronavirus variant, the World Trade Organisation has cancelled its conference of government ministers set to open on Tuesday in Geneva. The MC12 conference at WTO headquarters in Geneva was set to take up key issues such as a long-awaited agreement on subsidies [...]
‘We are sick of double-speak’: Furious French govt lashes out at UK as Channel migrant crisis turns into full-scale row November 27, 2021 A French government spokesman has accused Prime Minister Boris Johnson of “double-speak” as the fallout of a dinghy that sank on Wednesday, with the loss of 27 lives, increasingly turns into a full-scale diplomatic row. France reacted with fury after Boris Johnson publicly called on Paris to take back people who survive the Channel crossing [...]
UK feels full force of Storm Arwen as one man dies and hundreds of buildings are damaged November 27, 2021 The UK felt the full force of Storm Arwen with gusts of almost 100 miles per hour battering some areas. One man died, buildings were damaged and trees blown down in the “damaging” winds. The Met Office said speeds hit 98mph at Brizlee Wood in Northumberland. While the red weather warning expired in the early [...]
FCA to speed up decision making process amid backlash November 26, 2021 The UK's financial watchdog has announced reform plans as it faces criticism over repeated failures to protect customers.
Amazon acknowledges ‘there is more to do’ as UK warehouses are targeted by Extinction Rebellion activists in Black Friday raid November 26, 2021 Climate activists blocked Amazon’s largest warehouse in the UK, targeting the global retail giant’s busiest day of the year. Extinction Rebellion’s Black Friday demonstration, with about 20 activists, started at 4am at the distribution centre in Dunfermline, Fife. The group said it was also targeting Amazon sites in Doncaster, Darlington, Newcastle, Manchester, Peterborough, Derby, Coventry, [...]
Beijing urges media not to overhype JPMorgan chief’s Chinese Communist Party quip November 25, 2021 Beijing authorities have asked global media not to overhype JPMogran chief Jamie Dimon’s quip about the Wall Street giant outliving the Chinese Communist Party. China’s foreign ministry spokesman Zhao Lijian said yesterday he had “noted the reports” quoting Dimon’s jibes at the organisation which has ruled the state for decades. Lijian said he had also [...]
Facebook Marketplace a hotbed for scams warns Natwest November 25, 2021 People doing their Christmas shopping online should beware of scammers on social media sites according to new Natwest data.
JPMorgan will outlive China Communist Party, jokes boss November 24, 2021 The boss of Wall Street giant JPMorgan has taken a swipe at the Chinese Communist Party, breaking an unspoken rule among business leaders ensuring they keep schtum on Beijing. Jamie Dimon, 65, joked that the investment bank will outlive the Communist Party, which was founded in 1921. JPMorgan first entered China in the same year. [...]
US Senator weighs in on $73bn Tether reserves controversy November 24, 2021 A US Senator has written a letter to Tether calling for greater transparency about how stablecoin USDT operates amid concerns it is unbacked.
Banknote printer De La Rue overcomes loss of UK passport but warns there may be more job cuts November 24, 2021 Banknote printer De La Rue has notched up a jump in half-year profits as cost savings and turnaround plans helped it overcome the loss of its UK passport contract. The group saw pre-tax profits leap to £10.9m in the six months to September 26, up from £2.5m a year ago, as underlying revenues edged 0.9 [...]