Tokyo 2020 Olympics: 13-year-old Sky Brown becomes Britain’s youngest medallist with skateboard bronze as Hannah Mills makes sailing history August 4, 2021 Teenage skateboarder Sky Brown became Britain’s youngest ever Olympic medallist today as Team GB claimed more sailing gold at Tokyo 2020. Brown produced a calm final run to win the bronze medal after falling twice on her first two runs. The 13-year-old surpassed Sarah Hardcastle, who won silver and bronze in the swimming at the [...]
Chinese state media softens tone on online gaming August 4, 2021 Chinese state media has softened its rhetoric on online gaming after a highly critical article sent the value of leading tech companies into a tailspin. A piece published by the Economic Information Daily on Tuesday likened online games to “spiritual opium” sparking fears of a regulatory crackdown. In response the value of Tencent Holdings Ltd., [...]
Embracing uncertainty is the only path out of the pandemic August 4, 2021 A few days ago, Sajid Javid made one of the most thoughtful and encouraging statements by a government minister during the whole Covid crisis. Early In July, he seemed to be falling under the control of the modellers. The number of daily infections, he stated confidently, would soon reach 100,000, bowing to the so-called experts. [...]
British beauty: THG bags makeup retailer Cult Beauty for £275m August 4, 2021 Digital brands group THG has bought British makeup retailer Cult Beauty for £275m, which has bolstered the group’s brand offering by a further 200. THG, which already owns Eyeko and Illamasqua, will also bag the online beauty retailer’s 1.7m customers and 1.6m Instagram followers – which prove to be quite the acquisition when dealing with [...]
Hitachi to buy Thales’ rail signalling division in £1.4bn deal August 4, 2021 Thales and Hitachi are entering exclusive negotiations on the sale of Thales’ railway signalling business valued at €1.66bn (£1.4bn). Thales is carving out its Ground Transportation Systems Global Business Unit (GTS), which the company says employs 9,000 people across the world. GTS’s rail technology also offers train control systems and face collection services. It benefits [...]
West Coast wildfires rage across record areas in the United States, but Silicon Valley thinks it has the answer August 4, 2021 Wildfire season in the United States has devastated swathes of the West Coast in a way not seen since the disastrous summer of 2017. The problem is getting worse across numerous states. This year, 37,803 fires have raged, burning more than 3.4 million acres, both significantly up on last year. As of August 1, there [...]
55 years of hurt: the connection between investing and football August 4, 2021 In July, the England men’s football team reached their first major final since 1966. 30 years of hurt has become 55 years of hurt. Just one of many unwelcome statistics that have dogged the national team over the years, and which they hope to soon put an end to. The earlier England-Germany match provided a [...]
Crypto rush: NFT market hits new record high August 4, 2021 The non-fungible token market broke records this week with 7-day sales volume hitting an all time high of $219.4 million (£157.9 million) on Tuesday. Sales volume peaked at $49 million in a single day on Sunday on OpenSea, the world’s biggest non-fungible token (NFT) marketplace, making it the biggest day of trading since the platform’s [...]
Number of holidaymakers on Ryanair flights doubles in July to 9.3m August 4, 2021 Budget carrier Ryanair reported flight traffic statistics on Wednesday that showed UK holidaymakers seized the opportunity to fly abroad in the last month as travel restrictions eased. The total number of passengers taking Ryanair flights in July double to 9.3m, up from 4.4m in June. In a sign that the air carrier deemed flights safer, [...]
Fertility benefits – for lawyers or for law firms? August 4, 2021 More law firms in the City are offering paid leave or paying towards the costs of fertility treatments for their employees in a bid to stay up to date, and keep their lawyers. Last week law firm Ashurst announced what it called “landmark” changes to its global parental leave policy. Alongside offering a reduction in [...]
