Elon Musk sets sights on October opening for new Tesla Berlin factory August 13, 2021 Tesla hopes to make the first cars at its new gigafactory near Berlin in October or soon afterwards, boss Elon Musk has said. The electric car giant has pushed back its planned opening of the plant to late 2021, blaming German bureaucratic hurdles. The £5bn project has also come under fire from locals due to [...]
UEFA close to €6bn aid package for European football clubs August 13, 2021 UEFA is reportedly close to signing off on a rescue package worth up to €6bn (£5.1bn) to help European football teams recover from the pandemic. The funding is part of a proposed three-part strategy by the governing body, to be outlined in the coming weeks, aimed at helping clubs following stadium closures and a sharp [...]
US consumer sentiment plummets to decade low August 13, 2021 US consumer sentiment fell sharply this month to its lowest level in a decade in a worrying indication of Americans’ outlook on economic recovery. The University of Michigan’s preliminary consumer sentiment index fell to 70.2 in the first half of August from a final reading of 81.2 in July. That was the lowest level since [...]
Russia to expel BBC journalist in ‘symbolic deportation’ August 13, 2021 Russia has told a BBC journalist working in Russia to leave the country by the end of the month in what it described as a “symbolic deportation”. In a sign of further tensions between the two nations, Russian state media reported that Sarah Rainsford, one of the broadcaster’s two English-language Moscow correspondents, will be expelled [...]
Afghanistan: Boris Johnson to hold emergency Cobra meeting as crisis worsens August 13, 2021 Prime Minister Boris Johnson will convene an emergency Cobra meeting this afternoon over the escalating crisis in Afghanistan. The UK last night said it will deploy around 600 troops to the country to help evacuate British nationals as the Taliban continues its rapid advance. The militant group today took control of the southern city of [...]
Wework narrows losses amid hybrid working shift August 13, 2021 Office sharing startup Wework narrowed its losses in the second quarter as companies increasingly turn to hybrid working strategies after the pandemic. Net loss slipped to $922.5m (£666m) in the three months to the end of June, down from $1.1bn in the same quarter last year. Revenue for the period was $593m, down from $882m [...]
Plymouth shooting: Suspect’s hate-filled Youtube account taken offline August 13, 2021 A hate-filled Youtube account belonging to the suspect in a mass shooting that killed five people in Plymouth yesterday has been taken offline. The account, named Professor Waffle, included a number of videos by 23-year-old Jake Davison, who has been named locally as the gunman. It has now been removed and the page shows a [...]
Spectator sales hit record high as magazine subscription push pays off August 13, 2021 Sales of the Spectator have soared to an all-time high as the magazine’s focus on subscriptions continues to pay dividends. The right-leaning title, which covers politics, culture and current affairs, said sales averaged 105,850 copies in the first half of this year — up 27 per cent on the same period in 2020. The figure [...]
Screenshot: Can the City harness the power of the Netflix model? August 13, 2021 This week **Media Moment of the Week: Victoria Derbyshire’s heels hiccup **Can the City harness the power of the Netflix model? **The CMA goes for GIFs Media Moment of the Week: Victoria Derbyshire’s heels hiccup Late on Wednesday evening prolific BBC presenter Victoria Derbyshire tweeted to say she’d be on air three times in a [...]
Big screen bonanza: Londoners set for film fest with free Trafalgar Square screenings August 12, 2021 Trafalgar Square will play host to a string of free film screenings later this month as part of a major campaign to bring people back into London and boost the UK film industry. Over the Bank Holiday weekend Londoners and visitors will be able to enjoy the red carpet experience with six free matinee and [...]
