City bribery: British American Tobacco accused of arranging Mugabe bribe September 13, 2021 One of the largest tobacco companies in the world has been accused of bribing Robert Mugabe, the former president of Zimbabwe. City-based British American Tobacco (BAT) was part of negotiations to pay between $300,000 and $500,000 to Zanu-PF, Mugabe’s political party in 2013, according to a BBC Panorama investigation, which will be aired this evening. [...]
Morgan Stanley to launch new crypto research team led by Sheena Shah September 13, 2021 Morgan Stanley has said that Sheena Shah, a leading currency analyst, will head up a new team that researches crypto assets. A spokesperson for the company confirmed to City A.M. that Shah’s team will be based in London and research cryptocurrencies’ impact on both equities and fixed income worldwide. Shah has worked at the company [...]
Vaccines for teens: Covid jabs for 12 to 15-year-olds given the green light September 13, 2021 Covid-19 vaccinations for 12 to 15-year-olds has been given the green light by the government’s chief medical officers. A single dose of the Pfizer vaccine is set to be offered to children over the age of 12 through in-school immunisation programmes as soon as next week. Chief medical officer Chris Whitty and his counterparts agreed [...]
Coinbase to raise over £1bn through bond sale September 13, 2021 Coinbase, the world’s fifth largest crypto exchange by trade volume, has announced plans to raise $1.5bn (£1.08bn) through a debut bond offering. The company said it will offer Senior Notes, a type of bond which carries a low degree of risk, which will be due in 2028 and 2031 as part of a private sale. [...]
All eyes on digital assets: Brevan Howard targets crypto September 13, 2021 Hedge fund Brevan Howard will “significantly expand” its focus on crypto and digital assets with the launch of a new unit focused on the sector, in the latest move indicating growing institutional appetite for the asset class. Brevan, one of Europe’s largest hedge funds, announced it has launched a new division, dubbed “BH Digital”, which [...]
News of Walmart accepting Litecoin as payment was an elaborate hoax September 13, 2021 News that US retail giant Walmart had suddenly announced it would be accepting Litecoin from next month has been uncovered as a hoax.
Digital data skills’ significance on the rise for UK Plc September 13, 2021 Data loss. Hacking threats. Legal compliance. As the volume of digital data gathered by organisations grows, so do the risks and challenges. But the insights enabled by data analysis also create exciting new possibilities for the corporate world and society at large, as reflected in the UK’s ‘National Data Strategy’. The strategy, which was unveiled [...]
As electric cars follow the trajectory of the smartphone, software will be the turf war September 13, 2021 When Steve Jobs launched Apple’s iPhone in January 2007, the mobile phone industry was turned on its head. At the time, Jobs described the iPhone as a “revolutionary product” and said that Apple was “reinventing the phone”. This was a rare occasion where a businessman’s hubris was justified. With the iPhone, Apple changed the way [...]
Michael Saylor buys up another 5,050 Bitcoin for MicroStrategy September 13, 2021 MicroStrategy – the world’s first PLC to hold Bitcoin – has bought more of the flagship cryptocurrency, taking its total holdings to a staggering 114,042 BTC worth almost $5.1bn.
Government unveils biggest ever renewable power auction round September 13, 2021 The government today unveiled the biggest ever funding round for its flagship renewable energy scheme as it seeks to accelerate investment into green energy sources. Under the fourth round of the Contract-for-Difference programme, £200m will be made available to support the development of offshore wind farms. By the end of the decade, ministers have set [...]
