Matt Hancock admits ‘mistakes’ were made in tell all interview February 28, 2022 Former Health Secretary Matt Hancock has lifted the lid on time spent at the helm of government amid the Covid-19 pandemic.
China’s energy consumption and coal use reaches decade highs February 28, 2022 China has recorded its biggest increase in both total energy consumption and coal use in a decade last year.
Real estate giant JLL reports record revenue for fourth quarter February 28, 2022 Real estate giant JLL has reported record revenue and fee revenue for the fourth quarter. In results published on Monday, the Chicago-based firm reported record revenue of $5.9bn and fee revenue of $2.8bn for the quarter. Revenue shot up 23 per cent while fee revenue jumped 42 per cent. The real estate and investment management [...]
Ukraine: Number 10 urges City firms to drop all ties to Kremlin-linked companies February 28, 2022 Number 10 has urged City firms to drop any associations with Kremlin-linked companies like Gazprom and Rosneft as the west ratchets up its economic sanctions against Russia. Boris Johnson’s official spokesman today told journalists that “no one should be supporting in any way or propping up in any way the efforts by Putin’s regime to [...]
Airbus hits back with $220m lawsuit against Qatar Airways in row escalation February 28, 2022 Airbus has hit back at Qatar Airways with a $220m lawsuit alleging damages over two undelivered planes. According to an Airbus spokesperson the counter-claim was a “last resort and followed many fruitless attempts to find mutually beneficial solutions.” Court documents have revealed that Airbus is also seeking to get back millions of dollars given in [...]
Weaponizing SWIFT is bullish for crypto market February 28, 2022 Weaponizing SWIFT - the global messaging system used by banks - could be good news for crypto, says Nigel Green.
London-based Hiro Capital launches €300m fund to target videogames and metaverse tech February 28, 2022 London-based investment firm Hiro Capital has launched a second €300m fund today to target emerging gaming and metaverse technologies, as it looks to capitalise on a wave of so-called ‘Web3’ innovation.
Kremlin blames Liz Truss for Putin’s decision to raise nuclear alert level February 28, 2022 The Kremlin has blamed Liz Truss on Vladimir Putin’s decision yesterday to raise the country’s nuclear alert level. Putin put Russia’s nuclear forces on a “special regime of duty” yesterday, igniting fears of a global nuclear conflict. Putin’s spokesperson Dmitry Peskov today said: “There were unacceptable statements about possible conflict situations and even confrontations and [...]
Brits’ inflation expectations climb to record high piling pressure on BoE to launch more rate hikes February 28, 2022 Britons’ expectations for inflation in a decade’s time is running at a joint record high, heaping further pressure on the Bank of England to continue its rate hike cycle. Households think the cost of living will land at 4.1 per cent in ten years’ time, up from 3.8 per cent last month, the joint highest [...]
PwC fined £670,000 for allowing exam cheating scandal involving 1,200 employees February 28, 2022 Canadian and US regulators have hit PwC’s Canadian business with more than £670,000 in fines, for failing to prevent a widespread cheating scandal involving more than 1,200 of its employees. The US and Canadian watchdogs slammed PwC for allowing more than 1,200 employees to share answers while taking mandatory accounting exams. Canada’s audit watchdog [...]
