EDF announces another delay to Hinkley Point C nuclear plant March 28, 2022 EDF has revealed it will have to announce new delays and cost overruns for its Hinkley Point C nuclear plant project in the UK.
NFTs shaking up the music industry March 28, 2022 Adi Ben-Ari explains how non-fungible tokens (NFTs) could one day overtake the music industry's current streaming model.
Hong Kong life insurance market value to exceed £73bn in next four years March 28, 2022 Hong Kong’s life insurance market value has been pegged to soar over the next few years, driven by the pandemic-era trend to get one’s affairs in order. The industry is forecast to grow at a compound annual growth rate of 6.6 per cent, and more than five per cent over the 2022. Analysts at GlobalData [...]
Downing Street calls on public sector bodies to review contracts with Russian energy suppliers March 28, 2022 The government has instructed public sector bodies to review energy deals and other contracts they have with Russian firms.
Shareholders prepare to turn back on Ericsson chief amid supposed Isis payments March 28, 2022 Some of Ericsson’s biggest investors have said they would vote against clearing some of its board members of responsibility over the possible payment of bribes to militant groups in Iraq, such as the Islamic State. Cevian Capital and Norway’s sovereign wealth fund have revealed their plans to vote against the motion due tomorrow at the [...]
Carlsberg follows Heineken with ‘difficult and immediate decision’ to quit Russia March 28, 2022 Carlsberg has followed Heineken in quitting Russia, saying the “difficult and immediate decision” would lead to a “substantial” loss. The Danish brewer becomes the latest major western firm to leave the Kremlin-ruled country in protest of Vladimir Putin’s war. The company said it has “taken the difficult and immediate decision to seek a full disposal [...]
Sunak says he is ‘prepared to act’ if energy bills soar again later this year March 28, 2022 Rishi Sunak has said he is “prepared to act” if energy prices continue to spiral out of control amid speculation he is ready to announce another multi-billion pound council tax rebate later this year. The chancellor told MPs on the Treasury Select Committee today that “It’s very difficult to sit here today and speculate on [...]
Cabinet row over wind farms as 90 per cent of Brits say they’d live near a turbine March 28, 2022 A cabinet row about offshore wind threatens to destabilise the UK’s energy policy, as a new poll suggests 90 per cent of Brits would be happy to live near a wind turbine. Two ministers clashed over the approval of wind farms off the Suffolk coast, which would generate enough energy to power 1.2 million homes. [...]
HP snaps up video device maker Poly for £1.3bn as tech firm embraces remote work pivot March 28, 2022 Tech giant HP has announced plans to snap up audio and video devices maker Poly for $1.7bn in cash as it looks to ride the hybrid work boom.
British Airways is the first airline to take delivery of UK sustainable jet fuel March 28, 2022 British Airways has become the first airline to use sustainable aviation fuel produced in the UK on a commercial scale.
