Coming or going? Aviva the latest to cut office space as rival bosses say ‘remote working can’t last’ March 4, 2021 Aviva the latest to cut office space as rival bosses say 'remote working can't last'
Coming 2 America: Eddie Murphy sequel is past its best March 4, 2021 COVID may have scuppered many studios’ plans, but Paramount Pictures made the best of unforeseen circumstances, selling many titles to streaming services including comedy sequel Coming 2 America. The follow up to the 1988 Eddie Murphy hit was purchased by Amazon for a reported $125m, believed to be a record for streaming rights. A sequel [...]
Hotel giant Marriott will pay staff a bonus to get Covid-19 vaccine March 4, 2021 Hotel giant Marriott will pay staff a bonus to get Covid-19 vaccine
Exclusive: UK to begin backdoor push to get Joe Biden to dump Trump’s steel tariffs March 4, 2021 The UK will begin a push to get Joe Biden to ditch Donald Trump’s steel and aluminium tariffs on British manufacturers, after the US today moved to de-escalate a long-running transatlantic trade dispute. The government is hoping the US’ decision to suspend a raft of tariffs on British goods, like Scotch whisky and Stilton cheese, [...]
EU set to charge Apple over Spotify music streaming complaint March 4, 2021 The European Commission is said to be on the brink of filing formal antitrust charges against Apple over accusations it distorted competition in the music streaming market. Spotify filed a complaint against Apple in 2019, accusing the tech giant of unfairly restricting rivals to its own Apple Music service and complaining about the company’s 30 [...]
US Capitol ‘at risk of attack’ today after FBI warns of QAnon militia riot plans March 4, 2021 FBI aware of possible second attack on US Capitol after militia groups threaten to remove Democrat lawmakers.
City Corporation creates new Covid Business Recovery Fund March 4, 2021 The Court of Common Council, the City of London Corporation’s main decision-making body, has today (4 March) agreed to create a new Covid Business Recovery Fund of up to £50 million. At a virtual meeting, elected Members decided unanimously that grants from the Fund will be made available to small and independent retailers and hospitality [...]
Freelance creatives could fall through cracks of Rishi budget March 4, 2021 This week Rishi Sunak announced his investment-led recovery budget, pledging an additional £408m stimulus package for the culture sector. This is fantastic news for a creative sector particularly vulnerable to the impact of the COVID pandemic. The government has divided this relief package into three parts: £300m for the Cultural Recovery Fund (supporting cultural organisations [...]
British tech consultancy Capco snapped up in $1.5bn deal March 4, 2021 British tech consultancy Capco has been snapped up by Indian software giant Wipro in a deal worth $1.45bn (£1bn). London-based Capco, whose clients include major names in the financial services industry, employs more than 5,000 consultants and operates in more than 30 locations around the world. Wipro said two firms had “complementary” business models, adding [...]
Oil prices jump five per cent as Opec mulls supply cuts March 4, 2021 The price of Brent crude increased by $2.91 today, up 4.5 per cent and West Texas Intermediate (WTI) crude rose $2.75 to around $64 a barrel, up 4.49 per cent. The price rises came as ministers from the Organisation of the Petroleum Exporting Countries and its allies convened a meeting to discuss a potential [...]