Sony Music Entertainment buys Bob Dylan’s entire catalogue of tunes January 24, 2022 Sony Music Entertainment has bought Bob Dylan’s entire back catalogue of recorded music, as well as the rights to several future releases, in a figureless deal. It follows Lionel Richie cutting a deal with Universal Music in November, after a string of lofty deals over the course of 2021, as record labels battle it out [...]
Gorillas goes global as delivery firm enters Frichti acquisition talks January 24, 2022 Instant delivery firm Gorillas announced it is entering acquisition talks with French delivery titan Frichti. Frichti is one of the first rapid delivery start-ups to have hit profitable operations after launching in 2015. If Gorillas were to acquire its French counter-part, Gorillas would be able to strengthen its foothold in France. It has already opened [...]
Gas prices soar amid supply shortage fears as Russia-Ukraine tensions escalate January 24, 2022 Analysts warned last night that escalating tensions over Russia's seemingly inevitable invasion of Ukraine would hit European gas supplies.
JP Morgan launches sustainable investment team to target high-growth climate firms January 24, 2022 JPMorgan's asset management arm has launched a new sustainable investment team as the bank ramps up efforts to hit its climate change commitments.
Treasury minister quits over government’s ‘lamentable’ Covid fraud record January 24, 2022 A Treasury minister resigned today over the government’s “lamentable” record on Covid fraud, after billions were stolen from Covid support schemes. Lord Theodore Agnew – previously responsible for government efficiency – said oversight of the Covid loan schemes by the Department of Business, Energy and Industrial Strategy (Beis) and the British Business Bank had been [...]
Airlines to run more flights this summer to keep hold of coveted take-off slots January 24, 2022 Airlines will be forced to run more flights this summer, no matter their passenger numbers, in a bid to keep hold of coveted take-off and landing slots. Carriers must use their flight slots at least 70 per cent of the time, transport secretary Grant Shapps has announced, up from at least 50 per cent of [...]
UK is losing fight against fraud as anti-corruption watchdogs are “under-resourced” January 24, 2022 An anti-corruption think-tank has warned the UK is losing the fight against financial crime, as a lack of funding has left the country’s law enforcement agencies “over-stretched” and “under-resourced.” In a report, the think-tank called on the government to reinvest money recuperated from criminals into the government agencies fighting corruption and financial crime, as it [...]
UK court blocks extradition of British crypto hacker to US January 24, 2022 The US has lost an extradition bid to try Corey De Rose in an American court for his alleged role in a crypto hacking scam.
Omicron: what’s the current picture? January 24, 2022 The Omicron wave appears to have peaked in some countries, with the UK preparing to loosen restrictions. Mark Ainsworth, Head of the Schroders Data Insights Unit, explains what to expect next. The Omicron variant has spread rapidly since its initial detection last year but hasn’t been as severe as initially feared in terms of health [...]
Rwanda: Mother nature’s bootcamp, with wild chimpanzees as your trainer January 24, 2022 I’m on my hands and knees, mud-caked and scratched to pieces, while a sticky-legged insect is meandering its way down the back of my neck. Somewhere in front of me, I can hear the gentle snick snick of machetes slicing through corkscrew ferns and above me murky sunlight bleeds through the thick forest canopy. I [...]
