Vaccine producers down as Merck’s stock skyrockets after its new Covid antiviral pill smashes all expectations – CityAM : CityAM October 1, 2021 Shares in US science giant Merck are up by more than 10 per cent this afternoon after the company revealed a newly developed Covid-19 pill smashes all expectations. As a result, vaccine giants across the board are down, Pfizer by nearly 2 per cent, Moderna 4.7 per cent and Novavax dropped by 7.5%. The companies [...]
Be there in spirits: The Whisky Show 2021 – CityAM : CityAM October 1, 2021 Today is the first day of the Whisky Show, the Whisky Exchange’s annual celebration of all things whisky. After lockdown restrictions meant that last year’s event had to be held virtually, the show is making a welcome return to its Thames-side home at Old Billingsgate Market. Those attending will have the opportunity to sample more [...]
Fear grips markets while Bitcoin holds at over $43k October 1, 2021 Bitcoin has banked more people in three weeks than the entire banking system did in several decades, writes Jason Deane.
Binance hires two US financial crime experts to bolster security October 1, 2021 Crypto exchange giant Binance has hired two former special agents from the US’ Internal Revenue Service in a bid to win over regulators. Binance has announced Tigran Gambaryan and Matthew Price will be the latest cyber security experts to join the company. Gambaryan will take over as VP of Global Intelligence and Investigations after a [...]
Binance hires two US financial crime experts to bolster security – CityAM : CityAM October 1, 2021 Crypto exchange giant Binance has hired two former special agents from the US’ Internal Revenue Service in a bid to win over regulators. Binance has announced Tigran Gambaryan and Matthew Price will be the latest cyber security experts to join the company. Gambaryan will take over as VP of Global Intelligence and Investigations after a [...]
Winners crowned at the Crypto A.M. awards October 1, 2021 The Crypto A.M. summit was topped off with a glittering awards ceremony recognising some of the most innovative projects in the sector. Last night 14 category winners were honoured at a black-tie awards ceremony, held at the Leonardo Royal Hotel in St Pauls, London. “The quality of the entries this year was fantastic,” said head [...]
Sit down: The CEO of the UK’s first-ever space flight regulator October 1, 2021 The UK’s recently unveiled space regulations mark a “really important milestone” for the country as an island emerging from a pandemic following Brexit, the boss of the UK’s aviation watchdog has told City A.M. Civil Aviation Authority (CAA) boss Richard Moriarty – the regulator now responsible for space flight – explained fresh rules governing the [...]
BREAKING: Angry EU suspends trade talks with Australia after £48bn submarine row – CityAM : CityAM October 1, 2021 The European Union said this morning it is suspending trade talks between the bloc and Australia following a dispute over Canberra’s decision to cancel a multibillion-euro submarine deal with France. Miriam Garcia Ferrer, the EU commission spokesperson in charge of trade, confirmed the decision but did not give any specific reason for the postponement. The [...]
Winners crowned at Crypto A.M. awards – CityAM : CityAM October 1, 2021 The Crypto A.M. summit was topped off with a glittering awards ceremony recognising some of the most innovative projects in the sector. Last night 14 category winners were honoured at a black-tie awards ceremony, held at the Leonardo Royal Hotel in St Pauls, London. “The quality of the entries this year was fantastic,” said head [...]
FSB: Tax hikes risk severing Conservatives’ ties to business – CityAM : CityAM October 1, 2021 The Conservative Party’s ties to British businesses are at risk of being severed by looming tax hikes. The lobby group for British small businesses has slammed the Tories’ plans to raise national insurance at a time when firms across the country are grappling with higher costs and shortages. Also Read: Shortages and spiralling costs deal [...]