Never go without fizz again thanks to The Finest Bubble’s Champagne Helpline April 13, 2021 There’s no feeling like it. That sinking sensation in your gut. You keep telling yourself it’s not happening; it’s something that happens to other people, not you. You check all the usual places but there’s nothing. No Blanc de Noirs. No Prestige Cuvee. No Extra Brut. So what do you do when you suddenly discover you [...]
London investor Tej Kohli on chasing the ‘second wave’ of CRISPR-Cas9 April 13, 2021 “The only thing worse than losing money on an investment is having to watch the value of something that you didn’t back grow beyond all expectations” says London-based technologist and investor Tej Kohli. Kohli is talking into a laptop with the team of experts that he has assembled to spearhead a new initiative for his [...]
US inflation data beats expectations as Americans spend their Covid stimulus cheques April 13, 2021 US inflation rose 2.6 per cent year-on-year in March, ahead of analyst expectations of a 2.5 per cent rise, as more of Washington’s fiscal stimulus filtered down into the real economy. It’s a jump from the 1.7 per cent inflation rate measured last month. The month-on-month rate in March was a 0.6 per cent jump [...]
How NFTs can revolutionise the fashion industry April 13, 2021 The new and exciting world of NFTs may be just what the fashion industry needs.
Brexit: Paperwork and bureaucracy have created barriers at the border as tough as tariffs April 13, 2021 In the months since the Brexit transition period ended, trade flows at British borders have plummeted and border checks have been deemed so unworkable that their implementation has been pushed back by a year. Dire figures and delays point to the fact there is far more to free trade than tariffs, and still much to [...]
Glass Lewis opposes re-election of Credit Suisse’s risk chairman April 13, 2021 Proxy adviser Glass Lewis has called on Credit Suisse shareholders to oppose the re-election of board member Andreas Gottschling amid the Greensill and Archegos fallout. The Swiss bank has been mired in controversy in recent weeks due to its exposure to Archegos Capital Management which failed to meet its margin commitments. It came shortly after [...]
Aviva brings executive committee to one-third women with new senior hire April 13, 2021 Aviva has added another c-suite female to its arsenal with the appointment of Cheryl Toner as chief customer and marketing officer. Toner will start at Aviva in May 2021, where she will join the group executive committee, a senior committee where women make up a third (33%) of its members. Aviva’s board, which Toner will [...]
China issues warning to tech firms after record Alibaba fine April 13, 2021 Chinese authorities have issued a stark ultimatum to more than three dozen tech companies, warning them to stop engaging in any practices that fall foul of new regulations. The country’s market regulator, which last week slapped Alibaba with a $2.8bn fine, said it summoned 34 companies including Tencent, JD.com and Tiktok owner Bytedance. The State [...]
Boris Johnson wants to ‘understand intention’ behind David Cameron lobbying April 13, 2021 Boris Johnson has today said a review into the David Cameron lobbying scandal will seek to “understand what the intention was” behind efforts to implement supply chain financing into government departments. Johnson yesterday launched an independent review into Cameron’s efforts to lobby ministers on behalf of failed finance supply chain finance firm Greensill Capital. The [...]
Ministers must wait to see whether Gupta can refinance Liberty Steel before stepping in, says Kwarteng April 13, 2021 Business secretary Kwasi Kwarteng has today told MPs that there is “always a danger” that some of Liberty Steel’s assets could go bust as a result of the collapse of Greensill Capital. He added that ministers would wait to see if GFG Alliance boss Sanjeev Gupta could deliver his plans to refinance the firm before [...]
