Tech stocks lead gains on Wall Street July 23, 2021 US stocks opened up on Friday morning driven by a rally among megacap technology shares. The blue-chip S&P 500 rose 0.54 per cent during the opening session. The Dow Jones increased 0.41 per cent, while the tech-heavy Nasdaq was up 0.4 per cent. Investors piled into tech stocks after a string of strong earnings were [...]
Euro 2020 pushes retail sales above pre-Covid levels July 23, 2021 Retail sales surged above pre-pandemic levels last month as consumers rushed back to high streets to buy products that were unavailable amid Covid lockdowns and splurged on pints during matches at Euro 2020, new figures released today reveal. The volume and value of retail sales in June were up 9.5 per cent and 10.6 per [...]
Exclusive: London Mayor urges China to respect ‘one country, two systems’ principle in Hong Kong July 23, 2021 London Mayor Sadiq Khan has called on the British government to continue applying pressure on the Chinese government to respect the Sino-British Joint Declaration. In an exclusive interview with City A.M., Khan commented that new laws in Hong Kong have severely limited the rights and political freedom of Hongkongers, which is one of the reasons [...]
16 UK cases so far: Public Health England confirms new Covid variant July 23, 2021 A new variant of coronavirus has been detected in the UK and is now under investigation, Public Health England (PHE) has said. The investigation began on Wednesday into the variant currently known as B.1.621. Just 16 cases have been found so far. The UK public health body said that there has not been any evidence [...]
Indian food delivery app Zomato surges 80 per cent on IPO July 23, 2021 Indian food delivery startup Zomato skyrocketed as much as 80 per cent on its stock market debut today, setting the pace for a string of upcoming listings in the country. Shares in Zomato, which is backed by Ant Group, surged as high as 138.9 rupees each, giving the company a market capitalisation of $12bn. It [...]
China and Russia must “do more” for climate change says Alok Sharma as COP26 nears July 23, 2021 The president of COP26 says climate change affects us all – but that “big emitters” China, India and Russia “need to do more”, as the summit is around 100 days away. The global COP26 climate summit is scheduled to take place in Glasgow in November, after being delayed because of the pandemic. “China, India, Russia [...]
Mr Kipling manufacturer Premier Foods sales ahead of expectations July 23, 2021 Premier Foods have reported stronger than expected sales as the Mr Kipling manufacturer’s healthier ranges have proven popular with consumers. Group sales were up by 6.3 per cent compared to two years ago – at top end of Group’s expectations – while its branded sales also rose, by 9.3 per cent. The Hertfordshire-based company published [...]
Weekend Escape: Broadstairs’ Belvidere Place a perfect home from home on the Kentish Riviera July 23, 2021 It is fair to say that Kent has experienced something of a rebrand over the past decade or so. Londoners discovered Whitstable – no, you probably can’t get a table at The Sportsman for lunch – and just about colonised poor Margate. Round the coast, Deal and Folkestone are increasingly being eyed by Zone 2ers [...]
The top five cybersecurity threats facing the Tokyo 2020 Olympic Games and how they could disrupt events, halt broadcasts and expose sensitive data July 23, 2021 The Tokyo 2020 Olympic Games, which officially begins today, isn’t going to look anything like the Olympic Games that have gone before it. Since no spectators are permitted at the live sports, this is likely to be one of the most streamed events of the year, with millions of people watching from home. It isn’t [...]
CMA urges action to fix electric vehicle charge point ‘postcode lottery’ July 23, 2021 The UK’s competition watchdog has today urged the government to accelerate the roll-out of its electric vehicle charging points, describing the current situation as a “postcode lottery”. The Competition and Markets Authority (CMA) said that it was particularly concerned by the choice and availability of chargepoints at motorway service stations. It also said that the [...]
