Germany u-turns on tank delivery to Ukraine as Russia warns west’s support may lead to ‘World War Three’ April 26, 2022 Germany has u-turned on its decision to directly militarily support Ukraine, as Russia’s foreign minister warned it could lead to World War Three. Chancellor Olaf Scholz changed his mind after he was accused of stalling on fulfilling an order of German-made tanks, listed in Vlodymyr Zelensky’s so-called wish-list of military support. Germany said it would [...]
Department for health makes £134m claim over Novacyt Covid testing contract April 26, 2022 Biotech firm Novacyt’s share price has plunged after the health department has issued a claim for £134.6m for one of its contracts. The Anglo-French company issued an update on a dispute with the department for health and social care (DHSC) on Tuesday. Shares fell around 15 per cent on Tuesday morning after Novacyt said it [...]
Boots sets mid-May deadline as owner seeks multi-billion sale April 26, 2022 Boots’ owner has set a deadline of 16 May for final offers for the chemist chain. Walgreens Boots Alliance’s (WBA) has issued the deadline to suitors as it seeks to sell the chain, Sky News has reported. Suitors expected to make final proposals include Asda and Apollo Global Management. However, India’s Reliance Industries was thought [...]
So what’s the plan, Elon? April 26, 2022 PLENTY of people have laughed at Elon Musk over the years, and often it’s the eccentric billionaire that’s had the last laugh. At various points, everything from Tesla to SpaceX has been written off – but even with a track record of proving critics (mostly) wrong, his anticipated acquisition of Twitter looks an almighty risk. [...]
Bezos questions Chinese influence on Musk’s £34.5bn Twitter takeover April 26, 2022 Amazon founder Jeff Bezos has questioned Elon Musk’s grab for Twitter, raising alarms about Chinese influence on the social media platform.
Letters: Time to go back to school April 26, 2022 [Re: Most women don’t ‘feel financially independent’ as cost of living crisis bite, yesterday] The results from the Fidelity International survey show that less than half (45 per cent) of women feel financially independent. During a time where people are likely to be facing rising costs, it seems challenging to control and improve finances, and [...]
HSBC profits slide on looming inflation default wave April 26, 2022 A deterioration in borrowers’ credit worthiness caused by a historic cost of living squeeze prompted Britain’s biggest lender HSBC to set aside millions of pounds to deal with a rise in defaults. The bank, which sources a large proportion of its profits from China and Asia, banked $600m (£470m) in reserves to cope with a [...]
Prime Minister: Planned Welsh nuclear plant is ‘going to happen’, amid claims of a U-turn on stalled project April 26, 2022 Boris Johnson has insisted a new Welsh nuclear plant is “going to happen” and there will be a “couple of reactors” at the site. The prime minister made his comments about the Anglesey-based proposed site of Wylfa after accusations of a U-turn from Labour. Britain had reportedly been in talks with two American companies over [...]
UK judge rules against Qatar Airways in latest episode of $600m corporate divorce saga April 26, 2022 A UK judge ruled today against Qatar Airways, in the latest episode of a bigger divorce battle between the airline and Airbus. London’s High Court denied a request by the Doha-based carrier to force Airbus to keep building A321neo jets, after plane maker slashed Qatar Airways’ order for 50 planes in January. The Toulouse-based plane [...]
Crypto markets bounce back as Elon Musk buys Twitter April 26, 2022 The price of Bitcoin has clambered its way back past the $40k mark, up around five per cent over the past 24 hours to around $40,500.
