Letters: Making the most out of crypto March 11, 2022 [Re: Biden signs executive order on crypto amid surging US adoption, March 9] Is Biden beckoning the beginning of the end for “wild west” crypto markets? The executive order hints at more regulation of digital assets, which has implications for how institutions engage with the burgeoning asset class. For example, quant driven hedge funds running [...]
Ollie Phillips: I would have Ireland down as favourites March 11, 2022 When you look at the England and Ireland squads on paper ahead of tomorrow’s Six Nations match in London, I do think that the away side might nick it. It’s all about what is going on up front and I think that’s where Ireland have the edge. They’ll no doubt be targeting England’s line-out, which [...]
Slump in wholesale fuel costs gives drivers hope of pump relief March 11, 2022 A slump in the price of wholesale fuel could give drivers hope after weeks of skyrocketing prices following the Russian invasion of Ukraine. According to AA’s latest data, petrol wholesale costs have gone down from 75.8p to 67.7p, while diesel has fallen to 77.3p per litre from 89.8p at the beginning of the week. The [...]
London Metal Exchange extends nickel freeze after scrapping $3.9bn worth of trades March 11, 2022 The London Metals Exchange confirmed last night that nickel trading would remain suspended until next week after it took the drastic step to halt trading and scrap around $3.9bn worth of trades on Tuesday.
“An atlas of human suffering”: IPCC climate change update March 11, 2022 “Code red for humanity” warned headlines around the world in August last year, quoting UN Secretary-General António Guterres when the Intergovernmental Panel on Climate Change published part one of its assessment report. That concluded that warming of 1.5°C above pre-industrial levels will be reached by 2040. Part two issued this week makes even graver reading. [...]
Explainer-in-brief: OPEC+ isn’t coming to the rescue March 11, 2022 As the US and the UK took the dramatic step of turning away from Russian oil, the Biden administration has been putting significant pressure on the group of Gulf oil suppliers to ramp up production. The OPEC+ group, which includes Russia, resisted the calls to pump more crude to help bring down oil prices, which [...]
BAFTA teams up with Addison Lee for electric entrance to awards March 11, 2022 The presenters announcing the winners at this year’s EE BAFTA Film Awards will be travelling to and from the event sustainably and stylishly with the announcement that Addison Lee’s electric fleet is the official car supplier for the awards.
Evraz board quits after Abramovich hit with sanctions March 11, 2022 Russian steelmaking giant Evraz said 10 of its board members had quit today after the firm’s largest shareholder Roman Abramovich was slapped with sanctions, leaving only the chief executive remaining in post.
Goldman Sachs and JP Morgan become first Wall Street giants to exit Russia March 11, 2022 Goldman Sachs and JP Morgan yesterday became the first Wall Street heavyweights to pull out of Russia, following its invasion of neighbouring Ukraine. With Goldman leading, it is expected that others will follow, as Russia is accused of war crimes. More than 330 firms have either exited or significantly cut back their operations in Russia [...]
Exclusive: Over half of Brits in favour of a ‘right to disconnect’ as work bleeds into daily lives March 11, 2022 Most Brits are in favour of a ‘right to disconnect’ law, according to research shared exclusively with City A.M. today, which would give employees the right to ignore work-related emails outside of their contracted hours. Despite 67 per cent of the UK having work-related communications outside of their working day – more than half think [...]
