PwC partner accused of leaking in £63m lawsuit leaves firm August 18, 2021 Ian Green, the former PwC head of restructuring, left the firm on 30 June according to Companies House filings, following accusations by Watchstone that he leaked confidential information about the PwC client. Aquis Exchange-listed Watchstone, an insurance and technology group, have said that Green disclosed its information to a banker at Greenhill & Co in [...]
Millions of T-Mobile customers have data leaked in hack August 18, 2021 T-Mobile has confirmed that millions of customers have had their data stolen during a hack. Data from 7.8m postpaid, 850,000 prepaid and records from 40m former and prospective customers were breached. Two days ago reports emerged that a hacker was selling 30 million ‘fullz,’ a term which describes complete identity data, on the dark web [...]
London Marathon 2022 will move from traditional April date for third year running August 18, 2021 The London Marathon 2022 has for the third year running moved from its traditional April date. It will take place in October as organisers say they are looking to minimise the impact of the Covid-19 pandemic on the landmark race. Traditionally in April, both the 2020 and 2021 editions of the race had to be [...]
EP: 81 York Ebor Festival – Thursday August 18, 2021 The York Ebor Festival continues on Thursday with the Group 1 Yorkshire Oaks taking centre stage on the Knavesmire. City A.M. racing editor Bill Esdaile previews the best of the action alongside Jamie Hart from the Tote as we look to find some unique betting opportunities in the WorldPool markets on Ladies Day at York. [...]
Official: Rimac Nevera is the world’s fastest accelerating car August 18, 2021 As part of the Rimac Nevera’s first trip to the United States, the all-electric hypercar set a new world record quarter-mile time.
The CA Summit 2020: inspirational speakers discuss the effect of impact investing and the importance of self-purpose August 18, 2021 Ahead of CA Summit 2021, revisit the Inspire Chapter of last year’s event which saw a range of innovative and inspirational speakers discussing topics ranging from the effect of impact investing to the importance of self-purpose. Book your place now for CA Summit 2021 The CA Summit, held on 8 October 2020, brought together the [...]
Space SPAC: Seraphim-backed satellite firm Spire makes New York debut August 18, 2021 Space investor Seraphim has announced its portfolio company Spire, which provides satellites for space, has debuted on the New York Stock Exchange after becoming the latest space company to close a merger via SPAC. Spire has merged with special acquisition company NavSight Holdings, which valued the satellite firm at $1.6bn in equity. The new combined [...]
Fintech Lanistar risks financial collapse as it fails to pay managers and faces legal action August 18, 2021 Payments startup Lanistar is reportedly facing a series of employment tribunal cases over unpaid salaries from current and former staff, including members of its senior management team. The company has had problems with securing funding, has been accused of mistreating staff, and has not yet launched any of its payment cards. Despite this, it has [...]
AstraZeneca scientists begin trials for plague vaccine August 18, 2021 The scientists behind the AstraZeneca Covid vaccine have given the first trial volunteers a jab for the plague. The phase-one trial involves 40 healthy adults between the ages of 18 and 55 who will help to assess side effects of the jab and determine how well it produces a protective antibody response. The plague vaccine will [...]
Citi re-hires Obama aide Nathan Sheets as global chief economist August 18, 2021 Citi has re-hired Nathan Sheets as global chief economist, seven years after his departure from the bank to work under former President Obama. Sheets will return to Citi to oversee the global economics team in New York and lead research across all areas of economics. He is set to replace Catherine Mann, who left in [...]