Morgan goes off-road with rally-inspired Plus Four CX-T August 9, 2021 Just eight examples of Morgan’s wacky Plus Four CX-T sports car will be built, priced at £204,000. You'll need to be quick to buy one.
Britain 2030: High-tech manufacturing set to become a quiet British success story August 9, 2021 When it was first announced that this year’s G7 summit would be held in Cornwall, the decision was met with some raised eyebrows. But for a government which has made the combination of “levelling-up” the UK’s regional inequalities and tackling climate change its foremost priorities, it made perfect sense. In the last few years a [...]
Tech firm NetEase pulls $1bn Cloud Village IPO after Beijing’s attack on gaming August 9, 2021 Chinese technology firm NetEase has put a pin in its $1bn Hong Kong listing for its music streaming service Cloud Village due to recent volatility in the tech market, according to reports. The initial public offering (IPO) had already been approved by the Hong Kong Stock Exchange’s listing committee, according to filings lodged with the exchange. [...]
The Renault Group partners with Geely to expand Asian presence August 9, 2021 The Renault Group has announced a partnership with a China-based vehicle manufacturer as post-pandemic sales fail to gain momentum in Asia. The Renault Group will share resources and technology with Geely Holding, China’s largest privately owned automotive group, as they focus on bringing hybrid vehicles to the fast-growing Asian markets. The companies will jointly release a [...]
TikTok owner mulls Hong Kong IPO, once it can fly by hawkish regulators August 9, 2021 China’s ByteDance, the owner of popular short video platform TikTok, has yet again tabled plans to list in Hong Kong once it has addressed Chinese regulators’ concerns, according to reports. The news and entertainment group is eyeing the fourth quarter of this year or early 2022, the Financial Times reported, citing sources familiar with the [...]
New climate report is ‘code red for humanity’ August 9, 2021 A landmark new climate report from the UN is ‘code red’ for humanity, secretary-general Antonio Guterres said today. The study found that the scale of recent changes to the world’s climate system were “unprecedented over many centuries to many thousands of years”. It also said that it was “unequivocal” that “human influence” had contributed to [...]
China’s Wuhan tests 12m in six days after emergence of the Delta variant August 9, 2021 China’s Wuhan has completed citywide testing of some 12m residents for Covid-19 after just six days, to stamp out the emergence of the Delta strain. The testing programme, which began on Tuesday and finished yesterday, provides “basically full coverage” of all residents excluding children under the age of six and students on their summer break, [...]
London law firms launch first global crypto fraud network August 9, 2021 A network for crypto-related fraud has been launched by a group of law firms, including Grant Thornton, in a bid to make the UK a global centre for crypto dispute resolution, amid a rise in scams. The ‘Crypto Fraud and Asset Recovery’ (CFAAR) network has been created with the aim of becoming a “known body [...]
London needs to work with cities around the country for economic recovery August 9, 2021 As Lord Mayor, I would normally have visited more than 20 countries over the course of the year, to promote partnership with the UK’s world-leading enterprises – mainly financial and professional services – and showcase our unique cultural offer. Since the start of the pandemic I have replaced these with over 2,500 video calls. It [...]
Norwegian Cruise Line stays on course as judge protects vaccine requirement August 9, 2021 Cruise operator Norwegian has won a court battle allowing it to use ‘vaccine passports’ as a condition for boarding after the state of Florida attempted to ban them from doing so. The global cruise company, which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Sea Cruises brands, sued the state of Florida in July. [...]
