Rio Tinto warns of heavy $400m hit to earnings as Covid-19 hampers production July 16, 2022 Rio Tinto has warned COVID 19-related labour shortages and rising inflation would damage its earnings in the second half of 2022.
Avoid travelling in heatwave, warns Network Rail July 16, 2022 Network Rail has warned that passengers in England and Wales should travel only if necessary during next week's scorching heatwave.
Gazprom demands return of key turbine amid Nord Stream 1 closure July 16, 2022 The prospect of further disruption to Nord Stream 1 escalated today, with Gazprom putting pressure on Siemens to deliver a turbine.
Fourth time’s the charm: Government prepares Covid boosters for over 50s this autumn July 16, 2022 Covid boosters will be offered to everyone aged 50 this autumn, as the Government looks to contain hospitalisations and severe illness.
Sunak and Truss clash over taxes in fiery TV debate as Tory leadership race heats up July 16, 2022 Two of the frontrunners to be the next Prime Minister locked horns over taxes during a fiery leadership debate.
Explainer-in-brief: Summer of Discontent, continued July 16, 2022 Brace for more industrial action. The RMT, led by media sensation Mick Lynch, will be striking again on the July 27, right before the Commonwealth Games open in Birmingham. On top of that, the union has announced two additional strike days on August 18 and 20, in the middle of the holiday season. Meanwhile, the [...]
Exclusive: Starmer says UK can be better off outside EU than inside July 16, 2022 Labour leader Sir Keir Starmer has told City A.M. that the UK can have a better economic future outside the EU than inside if the government slashes post-Brexit red tape and diverges from Brussels’ regulations. Starmer, formerly a staunch Remainer and advocate of a second referendum, said this can only be done through greater “flexibility” [...]
Exclusive: Pensions minister launches taskforce to scrutinise ‘social’ ESG investment July 16, 2022 Ministers have launched a new taskforce to scrutinise environmental, social and governance (ESG) investing by pension schemes today, amid concerns that the 'social’ factor of investment has been neglected by fund managers in recent years.
‘Delete Twitter’ searches soar by 204 per cent as app crashing and Musk deal falters July 15, 2022 Searches for “Delete Twitter” surged by 204 per cent after the app crashed and Elon Musk pulled out of his $44bn (£37.2bn) bid to buy the social media platform. Searches to delete Twitter rose to more than double the average amount after users were unable to load any content on the app yesterday, research by [...]
How do the ESG requirements apply to crypto? July 15, 2022 Cryptocurrency and blockchain firms need to consider their ESG position, say Sam Robinson and Laura Houet of CMS Law.
