Everyone’s an expert as long as they are anonymous July 27, 2021 Bitcoin topped out at just over $40,000 yesterday evening, before a sharp retrace brought it back down to around $37,300 this morning.
RMT confirms Tube strike for August July 27, 2021 The RMT union has confirmed for four days of strikes on the Tube in August in protest over plans to abolish the Night Tube train drivers’ grade. Having first called the strike earlier this month, it confirmed it would go ahead after failing to make any progress in talks with the London Underground company. The [...]
Warren Gatland makes three changes as Lions go on the hunt for series win July 27, 2021 Head coach Warren Gatland has made three changes for the second Lions Test against South Africa in Cape Town on Saturday. Prop Mako Vunipola replaces Rory Sutherland, with scrum-half Conor Murray in for Ali Price and centre Chris Harris starting in place of Elliot Daly. Number eight Taulupe Faletau is on the bench after missing [...]
Credit Suisse appoints new chief risk officer after Greensill and Archegos scandals July 27, 2021 Credit Suisse Group has appointed Goldman Sachs banker David Wildermuth as the new chief risk officer, following recent multibillion-dollar scandals. Wildermuth will replace Lara Warner, who was pushed out in April down as chief risk and compliance officer in the wake of the implosion of the Archegos family investment firm that cost the Swiss bank [...]
Indian social media ShareChat teeters on $3bn valuation after funding rally July 27, 2021 Indian social media platform ShareChat is teetering on a valuation of $3bn after its latest funding round pulled in $145m. It comes not even three months after the Bangalore-based startup bagged $502m in backing, which hoisted its valuation to $2.1bn. With a climbing value, ShareChat has managed to secure a cool $911m in funding over [...]
UK retail industry kicks reliance on alcohol and tobacco sales July 27, 2021 Britain’s retail industry has kicked the habit of relying on alcohol and tobacco sales to generate income, according to a new study published today. The Office for National Statistics estimates that the volume of alcohol and tobacco sales has plummeted 76 per cent over the last three decades. Read more: Euro 2020 pushes retail sales [...]
UK workforce burned out as pandemic impact bites July 27, 2021 A recent survey by Tide has found that almost 40 per cent of the workforce in the UK say they have experienced burnout at work in the past 12 months. The impact of the pandemic, working from home and the stresses and strains of an unstable economy are thought to be large contributing factors. It [...]
Norton Rose Fulbright technical glitch causes staff gender pronouns mix up July 27, 2021 A software error resulted in a gender pronoun mixup in emails for Norton Rose Fulbright staff. The global law firm allowed its staff in Australia earlier this month to specify what pronounce they wished to be referred to by including “he/him”, “she/her” and “they/them”. But a technical problem glitch meant those staff pronouns changed randomly. [...]
Just Eat Takeaway investor calls for merger as it slams stock performance July 27, 2021 A major investor in Just Eat Takeaway has urged the food delivery platform to explore a potential merger as it took aim at the company’s share price performance. Cat Rock Capital, which holds a 4.7 per cent stake in the group, slammed management’s “deeply flawed communication” with investors, which it blamed for a 28 per [...]
Barings coughs up £130m for Capital House in the City July 27, 2021 Real estate investment manager Barings announced they have acquired a Grade A office building in the City of London for £130.5m from a German retail real estate fund. The global company gained Capital House, a 126,000 square foot office, retail, and ancillary space with 55per cent of the building currently being let to the likes [...]
