Total sells Canadian oil sands operation to Suncor Energy in £3.3bn deal April 27, 2023 Energy major Total Energies has accepted an offer to sell its carbon-heavy Canadian oil sands operations to Suncor Energy for £3.3bn.
Fund crackdown or farmers will continue to pollute UK rivers, think tank warns government April 27, 2023 The government needs to provide regulators with the funds to stamp out farms polluting British rivers with slurry leaks.
Post-Brexit visa rules hurting London tourism industry, Sadiq Khan warns April 27, 2023 The mayor has called on the government to ease travel rules around European school children, language students and hospitality, construction and retail workers.
US economic growth slows in first quarter as weekly jobless claims fall April 27, 2023 U.S. economic growth slowed more than expected in the first, despite an increase in consumer spending, and activity is set to moderate further as the effects of higher interest rates spread. Gross domestic product increased at a 1.1 per cent annualized rate last quarter, the Commerce Department said in its advance estimate of first-quarter GDP growth on Thursday. [...]
Gambling white paper: Betting firms forced to ‘step up’ checks in biggest industry overhaul since 2005 April 27, 2023 Gambling companies will be subject to tighter regulations including a statutory levy and stricter checks on losses, the government announced today in its long-awaited gambling white paper. The secretary of state for culture, media and sport Lucy Frazer announced on Thursday that the industry would be subject to “six key areas” of reform. Operators will [...]
We have to speak out, so we can build up April 27, 2023 In his debut column for Crypto AM, Philip Vasquez - co-founder of Damex.io - introduces The Damlex Journals - an honest view of digital assets.
Deutsche Bank posts best profit in a decade but warns 800 job cuts as cost cutting continues April 27, 2023 Deutsche Bank recorded its best profit in a decade as the bank recorded its 11th consecutive quarter of profit but signalled there would be more job cuts as it continues its restructuring efforts. Pretax profit climbed 12 per cent to €1.9bn (£1.68bn), up from €1.7bn (£1.5bn) last year with a strong performance from the corporate [...]
Microsoft slams UK move blocking Activision takeover as ‘bad day for Britain’ April 27, 2023 Microsoft’s vice chair and president has slammed the UK competition watchdog’s decision to block the software company’s 68.7bn dollar (£55bn) takeover of gaming firm Activision Blizzard, calling it a “bad day for Britain”. Brad Smith said the UK regulatory environment compared unfavourably with the EU and warned the “English Channel has never seemed wider”. He [...]
CBI to be renamed in bid to rebuild after sexual misconduct scandal, new boss says April 27, 2023 The new boss of the Confederation of British Industry (CBI) has said that the scandal-hit business lobby group would likely be renamed as the organisation looks to rebuild after a sexual misconduct scandal. In the last week, there has been a mass exodus of businesses from the CBI, including prominent groups such as John Lewis, [...]
Bitcoin still climbing as it clings to fingerhold above $29,000 April 27, 2023 Bitcoin came within a hamster sneeze of $30k before dropping back to around the $29k mark where it languishes this morning.