Former Wirecard boss charged with fraud over financial collapse March 14, 2022 The former boss of Wirecard has been charged with fraud, breach of trust and accounting manipulation following the collapse of the firm amid a major accounting scandal in June 2020. Markus Braun has been charged by Munich public prosecutors after a 21 month criminal investigation into practices at the firm which saw it crash into [...]
‘Putin go F*** yourself’: Squatters occupy oligarch’s London mansion March 14, 2022 Squatters have occupied a mansion in London believed to be owned by a Russian billionaire who was sanctioned by the UK government last week.
Office for National Statistics throws men’s suits out of inflation calculation basket and adds meat-free sausages March 14, 2022 The Office for National Statistics (ONS) has added meat-free sausages, sports bras and anti-bac wipes to the basket of goods its statisticians use to calculate price hikes. In its annual shake up of the basket, the ONS added 19 items to its Consumer Prices Index and threw out 15 items. Products to be added include [...]
HSBC to sell off Greek branches in £4.5bn push further into Asia March 14, 2022 HSBC is set to sell off its Greek retail bank as it doubles down on its Asia operations – the lenders largest market. The deal with local lender Pacreta Bank forms part of a wider five-year restructuring plan at HSBC, which included cutting its loss-making US retail bank last year. The figure of the deal [...]
Why the UK must embrace the ‘crypto revolution’ March 14, 2022 Adam Afriyie MP explains why the investors and businesses must see the UK as a beacon for digital innovation and consumer protection.
Facebook ‘do not permit calls to assassinate a head of state’: Meta narrows hate speech following Russian backlash March 14, 2022 Facebook owner Meta Platforms said it would be narrowing the scope of its content moderation policy for Ukraine after Russian backlash over the weekend.
Rio Tinto makes $2.7bn play for control of Mongolian mine March 14, 2022 Rio Tinto has made a $2.7bn cash offer for Turquoise Hill's remaining shares in a bid to gain control of a Mongolian copper-gold mining project.
Investment giants set out global standard for climate lobbying March 14, 2022 A group of investment giants have ramped up pressure on boardrooms to increase transparency on climate lobbying today, laying out an action plan that bosses will have to stick to or risk having shareholders vote on their decisions.
Bitcoin holds at $39k as EU prepares crypto legislation vote March 14, 2022 The price of Bitcoin has been flat over the past 24 hours, currently sitting at around $39k as Ethereum hangs on to $2,500.
Labour opens up 30-point lead over Tories in London, says new poll March 14, 2022 Labour has a 30-point lead over the Conservatives in London with less than two months until a crucial set of local elections, according to a new poll. A new survey by Deltapoll, and commissioned by the London Communications Agency, has Labour on 54 per cent, the Tories on 24 per cent and the Liberal Democrats [...]
