New Zealand to enter strict lockdown after single Covid-19 case detected – CityAM : CityAM August 17, 2021 New Zealand is set to enter its highest level of lockdown tonight after detecting a single case of Covid-19 in Auckland, Prime Minister Jacinda Ardern has confirmed. A 58-year-old man has been found to have the virus – the first coronavirus case within New Zealand’s borders for 170 days. The strict restrictions comes amid concerns [...]
Binance US appoints interim leadership after CEO’s abrupt exit – CityAM : CityAM August 17, 2021 Binance US, the American division of the world’s largest crypto exchange, has given a longstanding employee the top job after the former CEO’s abrupt exit. Earlier this month, Brian Brooks resigned from his role as CEO after just three and a half months. In a tweet Brooks, who was formerly the Chief Legal Officer for [...]
Fintech firm Plus500 announce strong half-year results as industry swells August 17, 2021 Plus500, a global fintech company, has announced strong half-year results after the acquisitions of rivals Cunningham and CTS. The group has seen its revenue swell from where it was in H2 in 2020. It had fallen from $564.2m to $308.3m over the course of 2020, but has since rebounded to $346.2m. The pattern is much [...]
Two thirds of employers considering pay cuts for remote workers – CityAM : CityAM August 16, 2021 As many as two thirds of companies are considering slashing the pay of staff who are hesitant to return to the office. Up to 68 per cent of businesses are debating whether or not to introduce pay cuts for staff who choose to work from home, according to a survey by HR software provider CIPHR. [...]
Walmart seeks digital currency and crypto product lead – CityAM : CityAM August 16, 2021 US retail giant Walmart is searching for a digital currency and cryptocurrency product lead to help the company make inroads into the crypto space. According to an advert posted on the company’s career page, the retailer is looking for a fresh hire who can “own and drive the Digital Currency strategy for Walmart” and develop [...]
Crypto prices rise even after $600 million hack and US passing infrastructure bill August 16, 2021 Data from CryptoCompare shows that the price of Bitcoin kept on rising this week, moving from around $45,000 to a $48,000 high.
Nyck de Vries wins Formula E drivers’ championship August 16, 2021 Mercedes-EQ driver Nyck de Vries won his maiden Formula E world championship on Sunday after finishing eighth in the final race in Berlin. De Vries benefited from three of his rivals failing to finish: Jaguar driver Mitch Evans experienced a technical failure on the grid, Rokit Venturi’s Edoardo crashed into him and later British driver [...]
Clipper Logistics offers 200 new jobs after John Lewis contract win August 16, 2021 Clipper Logistics today said it has signed a new contract with John Lewis which promises to create 200 new jobs. Clipper said it will provide additional e-commerce and store replenishment services to the UK department store chain from its new distribution centre. The Leeds-based company, which provides value-added logistics solutions, e-fulfilment and returns management services [...]
Convicted Libor rigger unable to open a bank account after prison term August 16, 2021 Tom Hayes, who was convicted for rigging Libor interest rates, has said he cannot get paid after seven banks have barred him from opening an account. The former City trader was found to have acted dishonestly in trying to risk the benchmark interest rate while at UBS and Citigroup between August 2006 and September 2010. [...]
Cardano takes the third spot by market cap – Solana has breakout soaring 42% in last 24hrs August 16, 2021 Cardano leads the charge as the total market cap of all cryptocurrencies returns above $2 trillion.