Biden aims to make half of US car sale electric vehicles by 2030 August 5, 2021 Joe Biden will today sign an executive order aimed at making half of all new vehicles sold in 2030 zero-emissions vehicles. The President is set to announce the new target at an event at the White House this evening, where he will be joined by car giants and union workers. Alongside the plan he will [...]
Robinhood shares drop as stock continues to seesaw August 5, 2021 Shares in trading platform Robinhood dropped sharply today, signalling that this week’s four-day stock rally might have reached its end. After a woeful initial public offering last week, which saw the firm’s market cap shed $3bn in just a few minutes of trading, investors had poured into the firm this week. Yesterday its share price [...]
Lionel Messi to leave Barcelona due to ‘financial obstacles’ August 5, 2021 Lionel Messi will leave Barcelona FC this summer after spending his whole career at the club due to “financial and structural obstacles”. In a statement this evening, the Catalan club confirmed that the Argentine striker, its all-time top scorer, would leave, despite recently agreeing a new contract. “Despite FC Barcelona and Lionel Messi having reached [...]
EV charging firm Myenergi ‘mulling £500m London listing’ August 5, 2021 Energy tech firm Myenergi is reportedly making plans for a London float that could value the company at up to £500m amid a surge in interest in “green” solutions. The company, which is best known for its Zappi electric car home charging system, is backed by Sir Terry Leahy, the former Tesco boss. A spokesman [...]
Qatar Airways grounds 13 Airbus jets due to ‘degrading’ fuselages August 5, 2021 Qatar Airways has today grounded 13 of its Airbus A350 planes due to the faster than expected deterioration of their fuselages. The airline was instructed to cease flying the affected planes by its regulator after the issue was discovered. It marks yet another escalation in an ongoing row between Qatar and Airbus over the problem. [...]
US jobless claims continue to shrink as layoffs fall to lowest level in 21 years August 5, 2021 The number of Americans claiming unemployment benefits fell again last week as the labour market continued its slow recovery from the pandemic. According to the US Labor Department’s latest report, 385,000 filed for benefits last week, down 14,000 on the previous week. The latest total perfectly tallied with economists’ forecasts, but remains far above pre-pandemic [...]
Shapps: Vaccination will be a condition of travel ‘forever more’ August 5, 2021 Grant Shapps today said that being vaccinated against coronavirus will become a necessity for travel “forever more”, as the government loosened its restriction on international travel. He also warned young people that they could find themselves unable to leave the country if they do not get vaccinated. “I think double vaccination, full vaccination, is going [...]
Daily Mail owner to sell insurance business for £1.4bn, clearing the way for take-private bid August 5, 2021 Daily Mail owner DMGT has today confirmed that it will sell its risk insurance business RMS to Moody’s for £1.4bn, the first step in a bid to take the group private. Last month it was revealed that the Rothermere family was considering a bid for a slimmed-down version of DMGT. An £810m offer is contingent [...]
John Lewis hikes lorry driver salaries by £5,000 amid driver shortages August 5, 2021 John Lewis has today announced that it will up the salaries of its lorry drivers by £5,000 a year as the current shortage of HGV drivers continues to weigh on the supermarket sector. The retailer said that the rise, which works out at roughly £2 an hour, came in response to the shortfall, which has [...]
UK’s travel green list grows as Germany, Austria, Norway added to safe destinations group August 4, 2021 Seven new countries have this evening been added to the government’s “green list” for international travel, offering further hope for Brits looking to escape for the summer. From Sunday at 4am, Austria, Germany, Slovenia, Slovakia, Latvia, Romania and Norway will be added to the list of destinations from which all travellers need not isolate on [...]
