China sanctions Trump officials including Mike Pompeo January 20, 2021 China has slapped sanctions on 28 top US figures including former secretary of state Mike Pompeo, who it claimed violated Chinese sovereignty. Pompeo joined a list of US political heavyweights banned from doing business with China, including John Bolton, Donald Trump’s former national security advisor, Peter Navarro, former director of trade, and Steve Bannon, former [...]
It’s Inauguration Day: Full timeline and where to watch Joe Biden’s entry to the White House January 20, 2021 Joe Biden’s inauguration will take place today, making him the 46th President of the United States. The Democrat will take the reins in a moment of profound unease in US politics, with outgoing Donald Trump becoming the first President in 152 years not to attend the welcome ceremony for his successor. With officials looking to [...]
The inauguration of President Joe Biden in pictures January 20, 2021 The inauguration of President Joe Biden in pictures
Biden mulls creation of competition tsar amid tech probes January 20, 2021 The administration of incoming US President Joe Biden is said to be mulling the creation of a new White House role focused on competition issues amid a string of probes into tech giants. The Biden administration is still weighing up the role, which could be based in the White House or focus on coordinating actions [...]
Tesla is hiring someone to defend Elon Musk on social media January 20, 2021 Elon Musk’s indiscretions on social media have moved stock markets, led to a high-publicised defamation lawsuit and landed him a $20m fine. But it seems the blunt billionaire is now going on the defensive, hiring someone to fend off attacks by Twitter trolls. A job advert posted by Tesla, Musk’s booming electric car maker, said [...]
S4 Capital steps up a gear with automotive acquisition January 20, 2021 S4 Capital has snapped up a production studio specialising in the automotive industry as its aggressive expansion plans show no signs of slowing down. Sir Martin Sorrell’s advertising firm today said Germany-based Staud Studios would merge with its Media Monks content division. The move cements S4’s presence in Germany, which is Europe’s second largest advertising [...]
Before the Bell: It’s Biden’s time as Trump leaves the stage January 20, 2021 The return of US markets from the Martin Luther King holiday saw stocks drive higher as the US gets ready to swear in today a new President for the next four years, CMC Markets UK chief market analyst Michael Hewson tells City A.M. this morning, adding that optimism that the pledge to act big on [...]
Trump vows ‘movement is just beginning’ and pardons Bannon before leaving Washington January 20, 2021 Donald Trump has pardoned his former adviser Steve Bannon, who is facing fraud charges, in one of his final acts as President of the United States. Prosecutors said Bannon and three others defrauded hundreds of donors in connection with Trump’s wall campaign, which raised $25m. It was alledged Bannon then used at least $1m to [...]
Sadiq Khan backs CBI’s calls for furlough extension January 19, 2021 The mayor of London has backed calls from the CBI for further financial support for businesses, saying current deadlines create a "financial cliff edge"
London schools could be first to reopen in ‘regional return’ for pupils, says medical adviser January 19, 2021 Schools in London could be among the first to reopen after England’s third national lockdown as infection rates across the capital continue to decline, the deputy chief medical officer has said. Speaking to MPs at an education committee meeting, Dr Jenny Harries said there would “likely” be regional differences in Covid measures once England exits [...]