US dollar this year has become the only asset in town September 20, 2022 Investors have had an insatiable appetite for US dollars this year. According to the Wall Street Journal’s dollar index, which measures the greenback against a basket of some of the world’s top currencies, the dollar is its strongest for over a decade. One dollar will buy you the greatest amount of Japanese yen since the [...]
Alejandra Sarmiento: Grief happens in stages September 20, 2022 The funeral of Her Majesty the Queen united all in our grief. Grief, like love, is universal. It is a feeling we experience but that words can not always accurately express. Often, it is a deeply personal or familial heartache. We mourn the loss of someone with whom we shared endless morning routines or late [...]
Letters: A new world for gamers? September 20, 2022 [Re: Game on: Why Big Tech is betting big on gaming, Sept 14] Video game brands are increasingly looking at digital platforms as a foundation for future content – the most recent one is Ubisoft’s Assassin’s Creed Infinity recently announced at the company’s showcase. This approach will enable IPs to continuously evolve – potentially opting [...]
Countries must work together more to meet climate goals, warns IEA September 20, 2022 Global net zero carbon targets could be delayed by decades without more collaboration between countries, warned the IEA.
Editorial: It was, as we knew it would be, flawless September 19, 2022 It was – as we knew it would be, as it had to be – flawless. As they say, ‘we do these things well,’ and we did. With the eyes of the world on London, the capital was a glorious blend of the modern and the traditional – a diverse crowd that looked and felt [...]
FCA: Crypto exchange FTX may be operating in UK without authorisation September 19, 2022 Britain’s Financial Conduct Authority said on Friday cryptocurrency exchange FTX may be offering financial services or products in the UK without its authorisation. FTX is one of the world’s largest crypto exchanges, raising its profile this year by acting as crypto’s white knight, throwing lifelines to digital asset platforms which have faltered as cryptocurrency prices [...]
Macquarie eyes £1bn bid for owner of Felixstowe and Teesport ports September 19, 2022 Aussie investment giant Macquarie is considering a £1bn bid for PD Ports, owner of Felixstowe and Teesport ports. PD Ports’ owner, private equity firm Brookfield, shut down an auction of the company last year while a legal row with the owner of land near Teesport raged on. According to The Times, should Macquarie submit a [...]
Going strong: EV truck maker Tevva expands into EU September 19, 2022 Electric and hydrogen truck maker Tevva has expanded operations beside the UK borders, announcing on Monday its strategy for mainland Europe. It also unveiled its newest 19tn model. The Essex-based “scale up” will start exporting its electric HGVs – which unlike competitors also have a reserve of hydrogen to boost range extension – to main [...]
Northern joins Avanti and TransPennine and reduces services September 19, 2022 State-owned rail operator Northern has followed the likes of Avanti West Coast and TransPennine and reduced services, after it admitted it was struggling to operate a full schedule. The rail operator runs services in Northern England, connecting major cities such as Liverpool and Manchester. It has been under the Department for Transport’s ownership since 1 [...]
Liz Truss to jet off to New York for her first UN General Assembly September 19, 2022 Liz Truss will tonight fly to New York to attend her first United Nations General Assembly session as Prime Minister, just hours after attending the Queen’s committal service at Windsor Castle. Truss will hold a series of bilateral meetings with other world leaders at the diplomatic gathering, including with US President Joe Biden on Wednesday. [...]