Tesla shares rise after short-seller reverses opinion to predict long-term success October 23, 2018 Tesla's share price rose almost seven per cent this afternoon, after a long-term critic of the electric vehicle manufacturer reversed its short position on the firm. Citron Research changed its tune on Tesla from "short" to "long", writing in a research note that its Model 3 sedan is "a proven hit, and many of the [...]
Trump’s odds of winning a Nobel Peace Prize just shot up October 23, 2018 Donald Trump is now the bookie's favourite to win the Nobel Peace Prize this year, after the President accepted an invitation to meet Kim Jong Un. Ladbrokes has set 2/1 odds on Trump scooping the prize, which was last year awarded to a group which campaigned to abolish nuclear weapons. Previous winners include Trump's predecessor [...]
Sterling could certainly tank, but it won’t be due to Brexit October 23, 2018 Surely here’s only one way the British pound can trade in the coming months. Currency experts are anxiously fixated on what the final details for Brexit will look like. But it seems simple to me: if it’s good, it’s good – and if it’s bad, the country will soon make it better. What does this [...]
How to capitalise on the electric car revolution October 23, 2018 Electric vehicles have existed since 1828, and yet their prevalence in popular society has remained the stuff of science fiction for more than two centuries. It’s only recently that electric cars have become commonplace, helped partly by government policies – such as the planned ban on the sale of new petrol and diesel vehicles by [...]
DEBATE: With Nick Clegg joining Facebook, can we expect a new revolving door between politics and Silicon Valley? October 23, 2018 With Nick Clegg joining Facebook, can we expect a new revolving door between politics and Silicon Valley? YES, says Leon Emirali, an entrepreneur and investor. Stifling regulation, immense political upheaval, and very deep pockets have created the perfect environment for a politics/tech merry-go-round. For the Silicon Valley giants, it makes perfect sense to use their [...]
The power of choice: Why May must back flexible right to buy October 23, 2018 He may not be well-known now, but former MP Noel Skelton probably had one of the most profound impacts on the guiding philosophy of the Conservative party. His series of pamphlets in the aftermath of the First World War explained clearly how the expansion of education and political rights, without the same expansion of economic [...]
A luddite levy on online shopping won’t help the high street October 23, 2018 Time and time again over the past few months, we’ve heard prominent figures in the retail world call for a special sales tax on online companies to help prop up their struggling sector, from the Tesco chief executive Dave Lewis, to the New West End Company that represents Selfridges and Marks & Spencer. Chancellor Philip [...]
Out of the loop: Virgin boss Branson steps down from Hyperloop role October 22, 2018 Sir Richard Branson quit his role as chairman of Virgin Hyperloop One tonight, in a move that comes days after Saudi Arabia said it was scrapping a planned deal with the company following the billionaire’s decision to freeze his ties with the kingdom. In a statement this evening the company, which plans to build a [...]
Craft beer brand Brewdog is trying to mature after a tough year of marketing disasters October 22, 2018 It’s been a tough year for Brewdog, much of it the brand’s own fault. Tone-deaf advertising campaigns and PR mishaps have frustrated its fans and “equity punk” investors (I speak from personal experience – I’ve been a shareholder since 2015). The Scottish craft beer brewer, founded in 2007, is as well known for its marketing stunts as [...]
Elon Musk says first Hyperloop tunnel to open in the US in December October 22, 2018 Entrepreneur Elon Musk has said the first testing tunnel of his Hyperloop transport system is almost fully completed, and will be open to the public later this year. Manufactured under his firm Boring Co., Hyperloop is a network of high-speed transit tunnels designed to maximise the efficiency of public transport at a lowered cost. Musk said on Twitter [...]