Owen Paterson set to be suspended after major Johnson U-turn on sleaze reforms November 4, 2021 A motion to suspend ex-minister Owen Paterson for 30 days will come back before parliament next week, after a 24-hour Boris Johnson U-turn over the fate of the Tory MP. A vote to veto Paterson’s suspension and dismantle the standards process for MPs was rammed through parliament by the government yesterday in a move that [...]
Construction industry recovers from eight month low November 4, 2021 The UK’s construction industry confounded market expectations as growth picked up following an eight-month low on the IHS Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). The sector has been struggling amid global supply chain issues and labour shortages, while demand for building projects has also decreased. The index rose to 54.6 in October from 52.6 [...]
GameStop gets new $500m asset-based credit facility November 4, 2021 Videogame retailer GameStop Corp said on Thursday it entered into a new $500m global asset-based revolving credit facility with a syndicate of banks
Chancellor unveils £5 coin to commemorate Gandhi November 4, 2021 The Chancellor has unveiled a commemorative £5 coin that pays tribute to Mahatma Gandhi. The coin is part of the Royal Mint’s wider collection focused on the Hidnu festival of Diwali. It depicts India’s national flower the lotus and goes on sale today (Thursday November 4). The special collectors’ coin was designed by Heena Glover [...]
COP26: China, US, India and Australia absent from global coal pact November 4, 2021 China, US, and India and Australia have not joined 48 nations pledging to phase out coal production. All four countries are collectively responsible for over 50 per cent of coal emissions. The pact was agreed at the COP26 climate conference in Glasgow, and commits countries to ending coal power usage in the 2030s across major [...]
COP26: Global pact will ‘consign coal to history’ says Alok Sharma – CityAM : CityAM November 4, 2021 The end of coal production is in sight, argues Cop26 president and cabinet minister Alok Sharma, as 46 countries agree to phase out the world’s most polluting energy source. Coal is responsible for 46 per cent of carbon dioxide emissions worldwide. The countries have committed to ending coal power usage in the 2030s across major [...]
Taiwan environment minister: we were excluded from Cop26, but we will charge ahead with Net Zero November 4, 2021 Taiwan, despite being excluded from the United Nations climate change conference, has been working to lead the fight and protect our environment. This year, Taiwan experienced its worst drought in more than half a century. This was then followed by abnormally heavy rainfall. We can clearly see climate change’s profound impact. Taiwan was deprived of [...]
Bitcoin steadies after Fed announcement November 4, 2021 The price of Bitcoin is down around two per cent since yesterday morning, although it continues to hold above $61k.
Hikma expects trading to hit top end of guidance amid global vaccine growth November 4, 2021 Hikma Pharmaceuticals today said it expects its full year performance to be closer to the top end of its guidance after its global vaccine products delivered strong growth. Delivering a trading update this morning, the London-based manufacturer projected full year generic pharmaceuticals revenue to be in the range of $810m to $830m. It also expects [...]
Mark Kleinman: Will Barclays be able to explain their backing for Staley? November 4, 2021 Sky News’ Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Barclays in the headlines again What is it about Barclays and rough-Diamond bosses? In the end, the surprise was not so much that Jes Staley left the British bank mired [...]
