Oil prices jump on optimism over Trump health updates October 5, 2020 Oil prices surged six per cent today after doctors said US President Donald Trump could soon be discharged from hospital following his Covid-19 diagnosis. Brent crude rose 5.6 per cent to $41.48 per barrel this afternoon, while US West Texas Intermediate was up 6.4 per cent to $39.42 per barrel. Oil prices had dropped more [...]
Nvidia to build UK’s largest supercomputer after $40bn Arm takeover bid October 5, 2020 Nvidia today announced plans to build the UK’s largest supercomputer, just weeks after the US tech group tabled a controversial $40bn (£31bn) offer for British chip designer Arm. The £40m supercomputer — dubbed Cambridge-1 — will be made available to healthcare researchers using artificial intelligence to find cures for a range of medical challenges, including [...]
Queen praises ‘invaluable’ role of trusted news during Covid-19 crisis October 5, 2020 The Queen has thrown her weight behind trusted news organisations, praising them for providing an “invaluable” service during the coronavirus pandemic. The monarch hailed the “vital” work of the mainstream news media amid a proliferation of fake and misleading news on social media. In a letter to industry body News Media Association, the monarch said [...]
O2 Arena to resume live events in December with Squeeze gig October 5, 2020 The O2 Arena has announced plans to resume live events for the first time in eight months in December with a gig headlined by 70s rock group Squeeze. The Cool for Cats rockers will play to socially distanced fans on Saturday 5 December in the first concert at the east London venue since it was [...]
Former No 10 spin doctor Sir Robbie Gibb tipped for BBC chairman role October 5, 2020 Former Downing Street spin doctor Sir Robbie Gibb is said to have taken pole position in the race to become the next chairman of the BBC. Gibb, who served as Theresa May’s communications director and formerly headed up the BBC’s political output, was being lined up for a non-executive position on the broadcaster’s board. But [...]
London al fresco dining to continue until end of October September 25, 2020 Londoners will be able to continue enjoying al fresco dining next month after council bosses extended the capital’s hospitality scheme. In a letter to businesses Westminster Council said outdoor eating and drinking will be allowed in the capital until the end of October. Council leader Rachael Robathan said the move was designed to support the [...]
Brussels to appeal court ruling over Apple’s €13bn Irish tax bill September 25, 2020 The European Commission today said it will appeal a court decision that overturned a ruling for Apple to pay back €13bn (£11.8bn) in back taxes to Ireland. In July the General Court scrapped a 2016 ruling by the Commission that found Ireland’s selective tax breaks constituted illegal state aid and ordered Apple to pay back [...]
William Hill shares surge as it confirms takeover proposals September 25, 2020 Shares in William Hill surged in afternoon trading after the betting giant confirmed it had been approached by two suitors over a potential takeover. In a statement the bookmaker said it had received separate cash proposals from buyout firm Apollo Global Management and casino operator Caesars Entertainment. William Hill said it received an initial proposal [...]
Coronavirus: London added to ‘watchlist’ as cases surge September 25, 2020 London has been added to the UK’s coronavirus “watchlist” after a surge in new cases of the virus. The capital has been marked as an area of high concern, meaning it could be in line for further restrictions. It comes after 620 new cases were confirmed in London in the last 24 hours — more [...]
Supermarkets reinstate rationing amid new Covid-19 restrictions September 25, 2020 British supermarkets have reinstated rationing on essential products after the UK was plunged back into fresh coronavirus restrictions. Morrisons yesterday became the first major supermarket to roll out new measures, saying it would limit purchases of products such as toilet roll and disinfectant to three per customer. The company said it had sufficient stock levels [...]
