Olympics: Tokyo welcomes foreign divers to test event May 2, 2021 Diving and volleyball on Saturday became the first Olympic test events to include international athletes since such competitions resumed last month, as both began under close supervision in Tokyo. The diving World Cup, also a qualifier for this summer’s Games, features more than 200 athletes from 50 countries including powerhouse China. “We’re not allowed out [...]
India’s daily COVID-19 cases pass 400,000 as second wave worsens May 1, 2021 By Sankalp Phartiyal and Alasdair Pal NEW DELHI (Reuters) -India recorded more than 400,000 new COVID-19 cases for the first time on Saturday as it battles a devastating second wave, and the country’s massive new vaccination drive was hampered in some areas by shortages of the shots. Authorities reported 401,993 new cases in the previous [...]
European Super League fallout: Tottenham fans’ group calls for radical shake-up of football club ownership May 1, 2021 Club executives involved in the failed European Super League were forced to resign from advisory roles at the Premier League this week. The move was a consequence of England’s so-called ‘Big Six’ – Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur – agreeing to join a new breakaway competition which collapsed under the [...]
Exclusive: Human error and lack of robots threaten booming e-com space April 30, 2021 The pandemic has resulted in changing consumer behaviours which may have crushed many shops and retail businesses, but it also brought about new opportunities for retailers, particularly when it comes to going expanding their reach, diversifying their clientbase and offering products and services online. However, retailers will only succeed in the space if they ensure [...]
ESTA travel to the USA this summer: How likely? April 30, 2021 | Sponsored Only a few months ago, the thought of going on a holiday this summer seemed like a fever dream. Yet with vaccination rollouts ahead of schedule in the USA, the country has already hinted at relaxing the travel ban currently in place, which also applies to visa-exempt ESTA countries. With UK vaccinations also progressing fluidly, [...]
Lockdown winner Amazon made $13,000 PER SECOND in first quarter sales as profits hit record $8.1bn April 30, 2021 Amazon cemented its position as one of the biggest winners of the pandemic, posting record first quarter profits of $8.1bn last night off the back of making $13,000 in sales ever second. And it’s far from over yet. The e-commerce giant signalled that consumers would keep spending in a growing US economy and converts to [...]
Corona Impact Series: How a Brixton coffee roaster brew up plans for a radical transformation during lockdown April 29, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. Today: Volcano Coffee Works entered the initial lockdown as a wholesale business and, through necessity, is emerging as something very different. First lockdown Volcano Coffee Works is an independent [...]
Linklaters promotes Alex Beidas to global head of employment & incentives April 29, 2021 Magic Circle firm Linklaters has made Alex Beidas global head of employment & incentives, taking over from Nicola Rabson, whose tenure in the role ends on 30 April. Beidas will stay in the new role for four years, where she will be in charge of supporting clients. Rabson will return to her role as partner, [...]
Man’s best friend: Brits put a premium on pets even as household spend slips April 29, 2021 Not even lockdown could put an end to the old adage ‘Dogs are a man’s best friend’. In the last three months spending on pets surged as Brits prioritised emotional connections. Nationwide’s latest quarterly spending report reveals the biggest increases in spending between January and March have been on dating sites, gardening and pet-related costs. [...]
Exclusive: Online education booms during pandemic as MyTutor’s userbase grows by 170 per cent April 28, 2021 Pearson, the world’s biggest educational publisher, reported an increase of 5 per cent in revenue in the first quarter. This jump follows a shift towards digital, due to the boom in online learning that the pandemic caused. As businesses recover from the initial disruption from Covid-19, many have moved aspects of their offering online in [...]