Binance ‘temporarily pauses’ stablecoin withdrawals after run December 13, 2022 Binance has registered $1.9 billion of withdrawals in the past 24 hours, blockchain data firm Nansen said on Tuesday, as the world’s biggest crypto exchange said it had “temporarily paused” withdrawals of the USDC stablecoin. How crypto exchanges such as Binance and its now-bankrupt former rival FTX handle customer deposits is under close scrutiny from [...]
Thames Water predicts 1bn water shortfall without new projects to meet demand December 13, 2022 Thames Water has announced it is holding a public consultation on its proposed strategic plan for future water supply.
Odeon leaks losses two years after pandemic as UK-wide admissions below 2019 levels December 13, 2022 The UK’s biggest cinema chain Odeon is still spooked by COVID-19 with the industry suffering a £5bn loss. The company saw losses of £37,199,000179 with only 74 million people coming to cinemas, compared to 2019’s 179 million people Recent monthly admission numbers from the UK Cinema Association show that attendance in 2022 continues to be low. [...]
Global markets surge after US inflation data signals early Fed hike exit December 13, 2022 Global markets received a huge boost today from another positive US inflation print. London’s premier FTSE 100 index closed 0.76 per cent higher at 7,502.89 points, while its mid-cap domestically-focused counterpart, the FTSE 250 index, climbed 1.42 per cent to 19,086.29 points. The pair had been fairly muted for most of the morning session. But, [...]
Blockchain-based product passports could be the solution to luxury goods counterfeiting December 13, 2022 Protokol CEO Lars Rensing explains why blockchain provides an effective solution to forgeries in the luxury goods market.
Twitter continues to leak advertisers after Musk jibe at Covid rules boss Fauci December 13, 2022 Twitter is facing an exodus of advertisers after Elon Musk tweeted a call to prosecute the US medical chief over pandemic restrictions – in his latest controversial move since buying the social media giant. The social media site is staring down an estimated loss of UK advertising revenue around £10m, and it could deepen if [...]
National Highways lifts 900 miles of roadworks planned for Christmas December 13, 2022 National Highways has lifted almost 900 miles of roadworks planned for the Christmas period to help Britons get around. The vast majority of roadworks will be removed from England’s major arteries from 6am on 20 December to 12am on 3 January, leaving 98 per cent of motorways and A-roads free. Transport secretary Mark Harper said [...]
De Sousa to make family proud with E Brother and Savvy Chic December 13, 2022 FORMER three-time UK Champion Jockey Silvestre de Sousa can provide some pre-Christmas cheer for his wife Vikki and children, who have come over to Hong Kong for the festive period, by riding a double at Happy Valley. It’s easy to understand why the Brazilian-born rider is one of the most sought-after pilots in the territory. [...]
Gallant Ho can atone for Sixty disappointment December 13, 2022 BANK on jockey Vincent Ho to bounce back from his heart-wrenching defeat aboard Golden Sixty at Sha Tin last Sunday with at least a couple of winners on the nine-race programme at Happy Valley today. There having been plenty of grandstand jockeys’ quick to apportion the blame to Ho for being caught napping and too [...]
Bailey warns against ripping up City rulebook in Edinburgh reforms December 13, 2022 BANK OF ENGLAND Governor Andrew Bailey poured cold water on ambitious Government plans to rewrite the financial services rulebook today, warning that the regulatory issues which led in part to the global financial crisis have not gone away. The government is set to tweak some 30 pieces of regulation which it believes will free the [...]
