Bitcoin recovers to break $42k after positive US news March 9, 2022 The crypto markets are certainly looking stronger this morning, with the Bitcoin price recovering to just above $42k.
Face the music: Universal Music Group and Warner Media pull out of Russia March 9, 2022 Universal Music Group has suspended all operations in Russia and closed its offices in the country, the company announced last night. In a statement, the music giant said: “Effective immediately, we are suspending all operations in Russia and closing our offices there.” “We urge an end to the violence in Ukraine as soon as possible. [...]
Fitch warns investors to brace for heavy losses on Russian debt as default looms March 9, 2022 One of the world’s top credit rating agencies has told investors in Russian debt to brace for severe losses. Fitch last night downgraded Moscow sovereign debt to a C rating, meaning the risk of a Russian default is “imminent”. President Vladimir Putin’s decision to order all interest payments on sovereign government debt held by foreign [...]
Nearly half of all Brits fear inflation may rise more than Bank of England prediction March 9, 2022 About two-fifths of people polled recently have a more pessimistic view about rising inflation than the Bank of England, it has been revealed. Despite the Bank’s prediction of a seven per cent spike in Spring, 39 per cent of respondents to a survey by HR software provider CIPHR thought it would be eight percent or [...]
Lettings head at Foxtons joins rapidly-growing Lomond Group to lead entry into London market March 9, 2022 Ed Phillips will leave his position to become the new group CEO at the Lomond Group, as the latter builds on a busy 12 months that included 25 key acquisitions.
The personal touch: why you need a stylist March 9, 2022 Change comes slowly to the citadels of menswear in Savile Row. There were intakes of breath when the venerable Huntsman and Sons (established in 1849) forged a commercial cinema tie-in with the Kingsman franchise. So the idea of visiting not just a traditional tailor but someone who would offer the services of a personal stylist [...]
ITV teams up with European car seller carwow in advertising tie-up March 9, 2022 ITV has announced it is investing in a partnership with Europe’s biggest new car marketplace carwow, in return for advertising inventory across ITV’s channels and the ITV Hub.
Explainer-in-brief: Bringing eastern Europe into the EU fold March 9, 2022 The European Union has decided to formally assess Ukraine, Georgia and Moldova’s bid to join the bloc. The move is mainly symbolic, but it does signal a shift from the EU’s previous tough position on admission. France has suggested that Ukraine could receive a special type of membership. which could take less time to approve. [...]
Low-carbon SPAC lines up £175m float to snap up green energy firm March 9, 2022 A low-carbon focused acquisition vehicle has announced plans for a £175m float on the London Stock Exchange today as it looks to snap up a business driving the green energy transition.
Elon Musk accuses SEC of forcing him to sign Tesla settlement March 9, 2022 Tesla’s chief executive and serial entrepreneur Elon Musk has accused the US Government of forcing him to sign a settlement that forced him to step down as chairman in 2018. Musk has asked a court to throw away the deal as he said the Securities and Exchange Commission (SEC) had a personal “vendetta” against him. [...]
