Revenue climbs for British American Tobacco as cigarette alternatives start to pay off July 27, 2022 Revenue climbed 45 per cent to £12.8bn for British American Tobacco as the company continues to pivot towards cigarette alternatives.
EP: 150 Goodwood – Thursday July 26, 2022 The fillies take centre stage in the Nassau Stakes at Goodwood on Thursday when Hollie Doyle teams up again with recent group 1 winning filly Nashwa for John & Thady Gosden. On today’s podcast, trainers Thady Gosden (Nashwa) & James Ferguson (Deauville Legend) discuss their chances of a winner in their respective races at the [...]
Nobu Ibiza: this brand of luxury is a perfect fit for The White Isle July 26, 2022 THE WEEKEND: Ibiza is open for the summer season and doing what it does best: wearing two faces. One side of the White Isle is for weekends of hedonism, while the other is about restoration, surrounded by viridian green sea. WHERE? I was staying at the Nobu Hotel Ibiza Bay, which first launched in 2017 [...]
Shares in UPS dip despite posting an unexpected profit July 26, 2022 Delivery giant United Parcel Service (UPS) defied expectations today, posting a more upbeat quarterly profit. The company warned back in April that it expected volumes to shrink in the first of the year as the pandemic momentum slows and more and more people return to the high-street. However, thanks to prioritisation of more expensive shippings [...]
Alibaba eyes Hong Kong primary listing as US audit row continues July 26, 2022 Alibaba is seeking a primary listing in Hong Kong as the e-commerce giant attempts to lure in more mainland Chinese investors.
Tesla’s Bitcoin holdings lead to £141.5m impairment charge and £53.3m profit July 26, 2022 Tesla had an impairment charge of $170m (£141.5m) on the carrying value of its Bitcoin holdings, while making a $64m (£53.3m) profit from selling the cryptocurrency in the first half of 2022, the company reported. In a filing with the Securities and Exchange Commission on Monday, the electric automaker said that it must recognise impairment [...]
SEC investigates Coinbase over crypto listings and securities concerns July 26, 2022 The SEC is investigating Coinbase over whether it allowed the trading of crypto assets that should have been registered as securities, Bloomberg reported. Coinbase maintains that it does not list securities on its platform, with the crypto exchange’s Chief Legal Officer Paul Grewal tweeting last week, “We 100% disagree with the SEC’s assertion that any [...]
Privacy group slams supermarkets for using ‘Orwellian’ facial recognition cameras July 26, 2022 Privacy rights group Big Brother Watch has filed a legal complaint with the UK data watchdog claiming that Southern Co-operative’s use of live facial recognition cameras in its supermarkets is “unlawful”.
Crypto markets drop again as investors eye incoming interest rate announcement July 26, 2022 Crypto markets drop again as investors eye incoming interest rate announcement
UK voters’ concerns on inflation reach highest level in four decades July 26, 2022 UK voter worries on inflation are at their highest since the 1980s as the country faces a severe cost of living crisis and prices of essentials surge. The July 2022 Ipsos Issues Index by research company Ipsos showed that 45 per cent of adults in the UK view inflation as one of the most pressing [...]