Getir says investor has ‘no direct or indirect relationship’ with sanctioned Russian oligarch July 4, 2022 Speedy grocery delivery app Getir has shrugged off speculation that government sanctioning of a Russian oligarch linked to investment in the firm will impact its funding. Vladimir Potanin was hit by sanctions last week, including an asset freeze preventing any UK firm from dealing with any funds he owns. However, Getir was keen to quash [...]
Gold weighed down by hawkish Federal Reserve and resurgent US dollar July 4, 2022 The hawkish US Federal Reserve's response to soaring inflation and the strengthening of the US dollar continue to weigh down gold prices.
Russia has suffered 36,000 deaths during war in Ukraine, top Kyiv official claims July 4, 2022 The Kremlin has now suffered 36,000 deaths during its war against Ukraine according to a leading official in Kyiv. Russia’s army has suffered heavy losses in personelle, as well as almost thousands of military vehicles, including tanks, helicopters and rocket launchers. According to Newsweek, Russia’s official military losses were released mid-March when it said there [...]
Network Rail installs first EV charging hubs as part of green push July 4, 2022 Network Rail has set up its first electric vehicle (EV) charging hubs for its maintenance and road vehicles. Situated in Swindon and Bristol, the facilities are part of the rail operator’s ‘Project Zero’ plan to electrify its fleet by 2027. The project was facilitated by financial services company Novuna, who already won a £136m contract [...]
Bouncers push back on government over alleged uptick in qualified staff amid spiking concerns July 4, 2022 Bouncers have criticised government’s claims there are more nightclub security staff than pre-pandemic amid concerns about spiking on nights out. The committee had recommended a support package for venues to “boost security measures including the recruitment and training of additional door security staff, particularly female staff.” In its response to the Home Affairs’ committee published [...]
Crypto lender Vauld suspends trading and eyes potential restructuring amidst crypto rout July 4, 2022 Crypto lending platform Vauld has suspended all trading, withdrawals, and deposits on its platform as it explores potential restructuring. The Singapore-based lender attributed this to “financial challenges” resulting from “a combination of circumstances such as volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate.” “We have [...]
UK Foreign Office to pay £423,000 to settle whistleblower’s employment claim July 4, 2022 The UK government has agreed to pay £423,000 to settle an employment lawsuit brought forward by one of its former prosecutors, over claims she was pushed out of her job at the Foreign Office, after she sought to blow the whistle on corruption involving suspected Kosovo criminals and officials from the EU. International prosecutor Mariah [...]
Apple’s retail arm feels sting of store closures as tech giant posts humble growth in UK accounts July 4, 2022 Total turnover for Apple’s Retail UK, Europe and UK team climbed a humble two per cent to £2.3bn in 2021, with total operating profit up 24 per cent to £730m. It comes as Apple Retail UK continued to see the impacts of the pandemic, with turnover at £972m compared to £1.1bn for 2020, as a [...]
From Paris Hilton to Snoop Dogg: here are the most crypto-obsessed celebrities July 4, 2022 Mark Cuban is officially the most crypto-obsessed celebrity, new research has revealed. American entrepreneur and TV personality Mark Cuban is the celebrity that talks about cryptocurrency and blockchain the most on Twitter, with a total of 124 crypto, blockchain and NFT related tweets. It’s NFTs that he shouts about the most, with 49 out of 124 tweets [...]
Russian energy squeeze pushes Uniper to the brink July 4, 2022 The German government could acquire a stake in troubled energy giant Uniper, amid escalating energy prices and tensions with Russia.