De Sousa set to Enchant Sha Tin crowds once again November 11, 2022 BANK on former three-time British champion jockey Silvestre de Sousa to continue his winning streak, when he arrives at Sha Tin in Hong Kong on Saturday morning, with a full book of rides on the ten-race programme. De Sousa can’t stop riding winners at present, with six wins from his last 14 rides, and including [...]
Almost half of firms given loans by British Business Bank would have gone under in pandemic November 11, 2022 Nearly half of the companies supported by a state-owned fund would have gone bust in the pandemic without its support, a new report has found. The British Business Bank’s £1.14bn support to 1,190 firms helped 48 per cent stave off going bust during uncertainty of coronavirus. The evaluation from the BBB said more than 60 [...]
Financial Markets Wrap-Up November 11, 2022 Well, were at the end of another interesting week of trading. We started the week with some poor Chinese trade data, coupled with a back track on rumours from the previous week that covid restrictions would be loosened which kicked us off with a slightly negative start but the action for the week was never [...]
FTX files for bankruptcy as Sam Bankman-Fried resigns November 11, 2022 FTX founder Sam Bankman-Fried has resigned his position as CEO of FTX, and filed for Chapter 11 Bankruptcy.
Planet Crypto: Could Binance’s CZ be a Bond villain? November 11, 2022 This week, those satirical sharpwits at Planet Crypto have honed their comedy pencils on the bizarre saga between Binance chief Changpeng 'CZ' Zhao and FTX founder Sam Bankman-Fried.
Egg-istential crisis: Shops ration staple as inflation, supply woes drive up price November 11, 2022 Supermarkets are rationing sales of eggs as problems with supply chains are leaving soaring prices and empty shelves. The staple food is experiencing a rise in price due to inflation and a shortage, owing in part to recent orders to house all poultry in doors due to a huge surge in avian flue. Steven Dresser, [...]
Confidence at all time low: Soaring costs force half of food manufacturers to cut investment November 11, 2022 Rising input costs have forced almost 50 per cent of food and drink manufacturers to cut investment, a new report reveals today. The Food and Drink Federation (FDF)’s research outlines that 40-year-high inflation is forcing companies to scale back plans for growth, with rising costs increasing by an average of 21 per cent this year. [...]
Poverty and inequality are harming the world’s children and it’s time to act November 11, 2022 We must do all we can to alleviate the suffering of children during times of crisis to ensure healthy and happy future generations are fostered. A 2020 study on the falling living standards during the Covid-19 pandemic published by Science Advances took evidence from over 30,000 respondents across nine countries, one being Nepal that the [...]
Harsh ‘resets’ are actually healthy for the cryptocurrency industry November 11, 2022 Jason Deane welcomes the turmoil of a market shakeout, and argues many cryptocurrencies have no value at all.
Kentucky fried beer: KFC to open London pub for one week only as Qatar World Cup lands November 11, 2022 KFC Delivery has answered the prayers of many football (and fried chicken) fans as it will open its first ever pub, the Colonel’s Arms, in London for one week later this month. The pop-up pub – located on Fulham Palace Road, Hammesmith – will remain open for one week only, from 25 November to 1 [...]