Oil prices tumble on mounting early Fed taper fears August 19, 2021 Oil prices plummeted to their lowest level in four months today, driven by mounting concerns that the US Federal Reserve could rein in the wave of monetary support it unleashed in response to the Covid crisis earlier than expected. International benchmarks WTI and Brent Crude dipped 3.53 per cent and 3.03 per cent to $63.15 [...]
Deloitte gives all 333,000 staff lessons on climate change August 19, 2021 All Deloitte employees will be given lessons as part of a climate change education programme over the next six months according to reports, as the auditing giant seeks to boost climate change literacy in its workforce. The “climate learning program” that all 333,000 of the auditor’s international staff will be sent on, has been created [...]
Low-traffic zones reduced as Ealing follows other London borough councils in scrapping car bans August 19, 2021 Low-traffic zones, a scheme to reduce traffic in residential areas have been a subject of controversy since they were first implemented in 2020. Harrow has already scrapped the majority of theirs, and now Ealing looks set to follow. The step in Ealing to challenge them follows major backlash against the zones and two local protests. [...]
Mastercard faces £10bn class-action lawsuit in UK August 19, 2021 A UK court has approved the UK’s biggest class action lawsuit of over £10bn against global payments processor Mastercard on behalf of 46m consumers, according to reports. The previously rejected lawsuit was formally certified on Wednesday to go to trial by the Competition Appeal Tribunal (CAT) in London. It will be the first mass claim [...]
Porsche Cayenne Turbo GT 2021 review: the SUV supercar August 19, 2021 The ultimate Porsche Cayenne and the fastest SUV around the Nurburgring, the new Turbo GT puts even the Lamborghini Urus in its place.
Robinhood transaction volumes hit $451m amid surging interest in crypto August 19, 2021 Robinhood, the trading platform made infamous by the GameStop incident in January 2021, has doubled revenues in the second quarter of 2021. Total net revenue for the three month period stood at $565m (£415m), a year on year increase of 131 per cent. Transaction volumes jumped by 141 per cent to $451 million, with the [...]
Facebook’s Diem finally ready to launch, though markets are unmoved August 19, 2021 The big gainers today are Cardano (ADA) and Solana (SOL), both of which are up more than five per cent and continue their recent winning streak.
Crypto AM is delighted to announce Luno as the Platinum Partner August 19, 2021 London-based crypto app Luno has been announced as a Platinum Partner for the Crypto AM London Blockchain & DeFi Summit.
Antofagasta doubles EBITDA but sees shares dragged by falling oil prices August 19, 2021 Antofagasta, a Chile-based mining group, has published strong interim results with EBITDA hitting a record $2.4bn, up 132.7 per cent year on year. Revenue for the first half of 2021 was $3.6bn a 68 per cent jump compared to the same period in 2020 while profit before tax surged to $1.8bn, a £1.4bn increase. Shares [...]
EP: 82 York Ebor Festival – Friday August 19, 2021 Sprinting is the main attraction on Day 3 of the York Ebor Festival when the 5-furlong Nunthorpe Stakes sees the long-awaited match-up between the very best of the current crop of international sprinters. City A.M. racing editor Bill Esdaile previews the best of the action alongside Jamie Benson from the Tote as we look at [...]
