Exclusive: Forget expensive climate plans, low-cost solution to net zero is methane abatement, says Qnergy CEO May 17, 2022 It’s six months on from COP26 and the world is a very different place, but as the war in Ukraine continues and the cost of living crisis bites closer to home, the promises made in Glasgow still stand. Net zero is the big goal, but CEO of energy firm Qnergy, Ory Zik, told City A.M. today he [...]
Morrisons owner CD&R eyes £2.5bn takeovers of facilities management titans May 17, 2022 Morrison private equity owner is reportedly planning to snap up and merge two facilities management firms. Clayton Dubilier & Rice (CD&R) is in discussions to buy significant stakes in Atalian Servest and OCS, Sky News reported. Last year, the New York-based private equity firm clinched a £7bn deal to takeover the grocer Morrisons. The deals [...]
The Spy Who LinkedIn Me: Government launches new app to help public dodge spies May 17, 2022 The government has launched a new spy detecting app, which will help members of the public dodge espionage and stay safe online.
Arsenal, Tottenham, Liverpool and 17 other top clubs hire City firm to take on UK’s biggest insurers in mega football claim May 17, 2022 Some of England’s biggest football clubs – including Arsenal FC, Aston Villa FC, Tottenham Hotspur FC and West Ham FC, have instructed City law firm Clifford Chance to launch a multi-party action against some of the biggest insurance players in London. The group of 20 claimants, which also includes Liverpool FC and Leicester City FC, [...]
Credit Suisse hit with credit rating downgrade by S&P after string of scandals May 17, 2022 Scandal-stricken lender Credit Suisse has been hit with a downgrade by credit rating firm Standard & Poors after slumping to a loss in the first quarter of the year.
Blame it on the bots: Musk says Twitter takeover can’t progress without fake account clarity May 17, 2022 Twitter said it is committed to completing Elon Musk's $44bn deal at the agreed price and terms, despite the Tesla founder's continuous floundering.
The Elizabeth line effect: House prices along Crossrail skyrocket by as much as 215 per cent May 17, 2022 With the initial launch of Crossrail imminent, it has emerged that postcodes with stations due to benefit from Crossrail (CR) have seen house prices increase by up to 215 per cent since the project was first announced, carrying a 14 per cent premium versus the wider areas. Postcodes home to a Crossrail station have seen [...]
KKR swoops on London-listed ContourGlobal in £1.75bn deal May 17, 2022 Investment giant KKR has agreed a deal to snap up London-listed power generation firm ContourGlobal for £1.75bn as it looks to bolster its renewable energy portfolio, the firms announced today.
Royal welcome: Queen attends official opening of long awaited Elizabeth Line May 17, 2022 The Queen amazed everyone when she attended the official opening of the Elizabeth Line on Tuesday morning. The monarch was pictured at Paddington station, where she was welcomed by Prime Minister Boris Johnson, London mayor Sadiq Khan and Transport for London (TfL) commissioner Andy Byford. The Queen, 96, met with Crossrail workers and was presented [...]
Watch as retired Russian military leader says the ‘Kremlin is in total geopolitical isolation and the whole world is against us’ May 17, 2022 A retired Russian military leader has said the Kremlin is in “total geopolitical isolation and the whole world is against us”, speaking on state television. Military analyst and retired colonel Mikhail Khodarenok made his comments on the All-Russia State Television and Radio Broadcasting Company, during an interview with anchor Olga Skabeyeva, known as the “Iron [...]