Queue must be joking: Floridians rush out to panic buy fuel despite being unaffected by pipeline problem May 11, 2021 Long queues for petrol formed in Florida today as locals rushed out to panic buy fuel, despite being largely unaffected by the Colonial Pipeline outage. For the last few days residents in Tallahassee, a city in Floria, have rushed to fill up their vehicles with petrol, causing a local shortage of fuel, news website the [...]
Lex Greensill apologises for Greensill Capital collapse as he faces ‘fraudster’ allegations May 11, 2021 Lex Greensill has apologised for the collapse of Greensill Capital and has blamed it on the firm’s insurance provider Tokio Marine pulling its coverage in March this year. Speaking to a Westminster committee today, Greensill said that “I bear complete responsibility for the collapse of Greensill Capital”, while also apologising to its clients and the [...]
Thyssenkrupp considering IPO or SPAC for hydrogen business, says CEO May 11, 2021 German multinational Thyssenkrupp is considering an initial public offering (IPO) or a deal with a special purpose acquisition company (SPAC) for its hydrogen business, Martina Merz, its chief executive, has said. A 66-34 joint venture of Thyssenkrupp and Italy’s De Nora, Thyssenkrupp Uhde Chlorine Engineers (TKUCE), is the world’s largest supplier of chlor-alkali membrane technologies used to produce hydrogen. In a call [...]
Bitter clash at Astrazeneca as 40 per cent of shareholders reject CEO pay package May 11, 2021 A share bonus hike for Astrazeneca’s chief executive was only narrowly approved in a vote where nearly 40 per cent of the pharma’s shareholders rejected the proposed pay package. The pharmaceutical giant did pass the proposal, however, which could take Pascal Soriot’s total pay, including a £1.3m salary, above the £15.4m he received last year. [...]
City Corporation agrees let for the world’s very first ‘MONOPOLY LIFESIZED’ attraction May 11, 2021 The City of London Corporation has today (11 May) announced it will be hosting the world’s first ‘MONOPOLY LIFESIZED’ attraction within its building at 213-215 Tottenham Court Road. Hasbro, Inc and Gamepath (a new division of international theatre producer Selladoor Worldwide) have released the initial details of the ‘MONOPOLY LIFESIZED’ experience – which is due to open in London on 14 August 2021. The [...]
FCA launches formal probe into Greensill’s UK operations May 11, 2021 The City regulator has launched a formal investigation into the UK operations of collapsed supply chain firm Greensill Capital as part of wider global probes. The Financial Conduct Authority’s chief executive Nikhil Rathi gave the first confirmation the regulator is investigating Greensill seen it collapsed into administration in March. Greensill Capital was the brainchild of [...]
The promise of CRISPR for curing congenital eye disorders May 11, 2021 Genome editing is emerging as a powerful tool with the potential to eliminate a range of genetic disorders. Now the CRISPR-cas9 gene-editing tool, which is adapted from the bacterial anti-viral defense system, has broken new scientific ground by being directly administered into the body of live patients for the first time, in an attempt to [...]
JP Morgan’s UK staff set to return to office from next month May 11, 2021 JP Morgan has told its UK staff that more of them will return to the office from next month as restrictions start to ease. The American bank told staff to prepare for a “consistent schedule” which combines both remote and office working but offices will operate at maximum 50 per cent of capacity, according to [...]
Brits favour beach holidays over city breaks as the return of travel nears May 11, 2021 Brits are itching for some sun after a seemingly endless winter lockdown, with most travellers looking for beach holidays now the return of foreign holidays is in sight, according to bookings site Lastminute. After the government confirmed a 17 May return to abroad travel, 59 per cent of Brits have been eyeing sun and beach [...]
Hong Kong Racing Tips: Spend can defy top weight at Sha Tin May 11, 2021 SHA TIN’s feature race of the day sees the reappearance of the unbeaten Winner Method, seeking a four-timer in the Grass Island Handicap (1:15pm) over five furlongs. The son of Deep Field ran, in his jockey’s post-race comments, “a little bit flat” but still proved too strong for rivals when last seen in March and [...]
