Twitter sale could be agreed as early as today as Elon Musk enters ‘final stretch’ of negotiations April 25, 2022 Twitter is in the final stretch of negotiations in its sale to Elon Musk, with a deal potentially being reached as early as today. As reported by Bloomberg, the social media firm is hammering out the terms of a transaction, according to inside sources. On April 14, the eccentric billionaire announced an offer to buy the [...]
Global financial markets jittery amid fresh China Covid lockdowns April 25, 2022 It’s been an unsteady start to the week in the crypto markets, with the Bitcoin price dropping to around $38,500.
1 Minute Market Rundown – 25th April 2022 April 25, 2022 | City Talk Risk Firmly on the BackfootCrypto LowerSterling and Euro Looking More and More Vulnerable Risk remains heavy across the board as fears over covid in China weigh on markets compounded fears sparked by faster and more aggressive FED tightening. We are also seeing commodities come under pressure sparked by the China fears as well as yields [...]
New investigation reveals metaverse plagued with sexual and racial abuse April 25, 2022 A recent Channel 4 exposé has revealed sexual and racist abuse runs rife in the metaverse as firms continue to roll out the new technology.
Activist investors look to block Deloitte audit appointment over climate failings April 24, 2022 A group of investors including Aviva and Legal & General are readying to move against accountancy giant Deloitte this week in a bid to bar its reappointment as the auditor of FTSE 100 building supply firm CRH. Climate Action 100+, a shareholder activist group of 700 investors with a combined $68tn assets under management, will [...]
Ukraine’s government writes to Shell, accusing the oil giant of ‘bankrolling Putin’s war with an accounting trick’ April 22, 2022 Ukraine has accused energy giant Shell of continuing to “bankroll Putin’s war machine” buy buying oil through an “accounting trick.” In an angry letter sent to the oil company’s boss, Kyiv branded it “deplorable” that firm was still buying fuel linked to the Kremlin indirectly. According to the Telegraph, despite a commitment to stop purchasing [...]
Wimbledon’s Russia ban: Novak Djokovic, Ukraine’s Elina Svitolina and legend Martina Navratilova question decision April 22, 2022 Tennis stars including Novak Djokovic, Ukraine’s Elina Svitolina, and legendary ex pro Martina Navratilova, have come out against Wimbledon’s ban on Russian and Belarusian players. There was a backlash from the sporting community after SW19 said athletes, including men’s world number two Daniil Medvedev and women’s world number four Aryna Sabalenka of Belarus , cannot [...]
EP: 126 Sandown & Hong Kong April 22, 2022 Sandown hosts the final day of jumps racing in Britain on Saturday when the champion owner, trainer and jockey ceremonies take place. Trainer Christian Williams has had a brilliant year with his string of horses and he looks to sign off the season with a win in the Bet365 Gold Cup at the Esher track. [...]
Inflation is on a collision course with world economies… while Bitcoin looks steady April 22, 2022 Bitcoin remains in what has become its favourite trading range of around $40k where it has been for, well, pretty much all of 2022.
UAE freezes assets owned by members of the Kinahan crime syndicate April 22, 2022 Assets owned by members of the Kinahan crime family – an Irish gang accused of smuggling drugs and weapons into Europe – have had their assets frozen by the United Arab Emirates (UAE). The UAE’s decision to sanction Kinahan gang – which has strong links to some of the world’s most famous professional boxers including [...]