EU agrees common charging plug for all phones raising alarm bells for Apple June 7, 2022 The European Commission has agreed that all phones and tablets must use the same charging ports by 2024, signalling bad news for the Silicon Valley giant.
Oil prices could take seven years to calm down, warn industry experts June 7, 2022 Oil prices could take seven years to return to normal levels, warned energy analysts, reducing the prospect of the windfall tax being lifted early.
Bitcoin price drops by five per cent as cryptocurrency markets slip again June 7, 2022 The crypto markets have slipped again overnight, with the price of Bitcoin dropping five per cent over the past 24 hours to around $29,500 this morning.
City’s influence over Westminster: £17.5m spent political parties and MPs since 2020 June 7, 2022 The influence of the City over Westminster has come into sharp focus this week, after a report £17.5m was spend by big banks on MPs and political parties since 2020. Almost 50 MPs received an average of £49,000 from the City – despite 26 of them registering not a single hour of work in return. [...]
Amazon shares rally following 20-for-1 stock split June 6, 2022 Amazon shares continue to rally after the ecommerce giant went ahead with its 20-for-1 stock split this morning. The move, which took shares down from Friday’s closing price of $2,440 to around $127, is expected draw in new investors and reward current holders with returns. The company first reported the plan in March, which now means that [...]
Woodside expands vision with new London listing and BHP merger June 6, 2022 Woodside has unveiled a secondary London listing, as it expands its business to new markets - with the firm backing gas through the transition.
M&C Saatchi ousts Vin Murria from board following Next Fifteen’s £310m offer June 6, 2022 Advertising giant M&C Saatchi has ousted its biggest shareholder Vin Murria from its board after accepting a takeover from consultancy Next Fifteen Communications for £310m.
Bitcoin price rises ahead of key inflation data June 6, 2022 The price of Bitcoin is currently $31,247 - an increase of around five per cent over the past 24 hours and two per cent since last week.
Gareth Bale: World Cup qualification is best result in history of Welsh football June 6, 2022 Wales star Gareth Bale has declared the country’s qualification for the World Cup to be the greatest in its football history. The principality beat Ukraine 1-0 in a play-off in Cardiff on Sunday night to clinch their place at this year’s tournament in Qatar. It is the first time Wales have reached a World Cup [...]
Western IPOs plummet in value as war in Ukraine triggers volatile conditions for businesses June 6, 2022 The value of US and European IPOs has tumbled 90 per cent this year amid conflict in Ukraine, with rising inflation and interest rates.