Binance set to plough $200m into Forbes February 10, 2022 The world's largest cryptocurrency exchange - Binance - is understood to have agreed a $200 million strategic investment in the Forbes publishing house.
Inside Farrer & Co – the blue-blooded law firm that serves Britain’s aristocracy February 10, 2022 Throughout its 300-year history, Farrer & Co has gained a reputation for being London’s poshest law firm. First established in 1701, the firm is famous for serving the elite and acting on behalf of Britain’s aristocracy. The London firm also has longstanding links to the Royal Family, and currently acts as the Queen’s go-to lawyers. [...]
OPEC forecasts rising demand after failing to hit output targets February 10, 2022 OPEC has revealed oil demand could rise even more steeply this year as the global economy recovers from the pandemic.
London drives hotel investment as confidence in sector returns in absence of Covid restrictions February 10, 2022 Some £4bn was pumped into the UK hotel market last year, as the sector eyes the easing of Covid travel restrictions. Investors continued to boost the country’s hotels despite Covid uncertainties, thanks to an improvement in the visibility for future trading, according to research from property adviser Knight Frank. Hotel transaction volumes in the capital [...]
Little Moons set to fetch £100m in private equity bidding war February 10, 2022 An ice cream business that boomed in popularity via TikTok is the focus of a private equity bidding war that could value it at above £100m. Little Moons, which creates Japanese mochi ice cream balls, has surged in popularity thanks to a viral TikTok video and now has five private equity firms readying a bid, [...]
Russia foreign minister slams ‘deaf’ Liz Truss after their Moscow meeting February 10, 2022 Russia’s foreign minister has launched a stinging attack on Liz Truss after their meeting in Moscow today, labelling the UK’s foreign secretary as “deaf” and “selfish”. Truss met with Sergey Lavrov in Moscow to discuss the crisis in Ukraine, with the foreign secretary saying the UK wants to provide a “path of diplomacy” to de-escalate [...]
UK travel and tourism could reach £192bn in 2022 if borders stay open February 10, 2022 Following two disastrous years the UK’s travel and tourism industry is finally getting back on its feet, according to the World Travel and Tourism Council (WTTC). If travel restrictions and testing protocols remain off limits, the WTTC predicts the sector’s contribution to the national economy to go up to £192bn, bringing with it a 1.7 [...]
Fracking hell: Cuadrilla ordered to close down shale sites February 10, 2022 Authorities have snuffed out any hope of reviving the UK’s fracking industry, ordering Cuadrilla to plug and abandon the country’s only two horizontal shale wells at its site in Lancashire. The Oil and Gas Authority (OGA) originally called for the wells to be shut last summer, and has set a deadline of June for work [...]
Stateside inflation climbs to four decade high dialling up pressure on US Fed to go further and faster February 10, 2022 Stateside inflation is running at its hottest rate since the early 1980s, piling even more pressure on the US Federal Reserve to launch a stauncher and faster rate hike cycle. Prices in the US are 7.5 per cent higher than they were a year ago in January, according to fresh figures published today by the [...]
Fields of Gold: Sting sells entire catalogue of hits to Universal Music February 10, 2022 Music icon Sting has sold his entire music catalogue to Universal Music, joining the long list of stars to recently cash in on their tunes. The agreement between the 17-time GRAMMY winner and Universal Music Publishing Group (UMPG) hands over both his solo songs as well as those with The Police, including “Roxanne,” “Every Breath [...]
