Astra Zeneca revises US vaccine trial results after claims of outdated data March 25, 2021 AstraZeneca has confirmed its Covid-19 vaccine as 76 per cent effective after a new US trial, which showed it to be only three per cent lower than previously reported. US health officials criticised interim data published on Monday, which showed the vaccine efficacy rate to be at 79 per cent, but was not the most [...]
Big Tech hearing: Facebook, Google and Twitter face Congress grilling March 25, 2021 The chief executives of Facebook, Google and Twitter will be hauled in front of Congress again this afternoon to face questions about misinformation and extremism on their platforms. Mark Zuckerberg, Sundar Pichai and Jack Dorsey will appear before a virtual joint hearing of two subcommittees of the House Energy and Commerce Committee. It follows a [...]
Over half of households now commuting to work again March 25, 2021 More than half of all households could now be travelling to work again, analysis of their daily energy usage shows. According to challenger energy brand Bulb, about 54 per cent of households are now commuting into work, up 13 per cent from the beginning of January. Using data from its smart meters, the company is [...]
Seedrs and Crowdcube abandon merger after CMA provisionally blocks deal March 25, 2021 Seedrs has announced the termination of its merger with Crowdcube after the competition regulator provisionally blocked the deal on Wednesday. Crowdcube agreed to buy Seedrs last October in a deal before the Competition and Markets Authority (CMA) said that the tie-up would result in a substantial lessening of competition. Yesterday the regulator said its provisional [...]
DEBATE: Should we have a right to work from home? March 25, 2021 Alison Newton, co-head of real estate at Addleshaw Goddard says No Up until March 16 last year, there was a common view among city firms that those who work from home were in some way slacking off. Coronavirus has given us a great opportunity to bury the presenteeism principle, demonstrating that working from home can [...]
City A.M. TV: Daily Market Snapshot (video) March 25, 2021 Risk aversion continued to work its way through global financial markets yesterday.
Johnny Depp loses bid to appeal ‘wife beater’ libel ruling March 25, 2021 Johnny Depp has been refused permission to appeal a High Court ruling that he violently assaulted his ex-wife Amber Heard during their tumultuous relationship. In November a High Court judge ruled against Depp after he sued the Sun newspaper for libel over an article that labelled him a “wife beater”. Lawyers for the Hollywood actor [...]
Fizzle sticks, the Elon BTC pump has lost its LOX! Elsewhere a mixed bag March 25, 2021 A sluggish weekend made way for a rousing Elon Musk tweet, but even Tesla's announcement couldn't put the spark back into the market.
ECB eases digital euro doubts and backs proposed currency to thrive March 25, 2021 The European Central Bank today eased doubts in Germany about the launch of a digital euro, insisting that the electronic cash would not be used to penalise savers or upend banks. The ECB is looking to launch a digital version of the euro within the next five years to see off competition from cryptocurrencies such [...]
UK must install 700 electric vehicle charge points a day to hit 2030 target March 25, 2021 The UK must install 700 electric vehicle (EV) charging points every day for the rest of the decade to support the transition away from the internal combustion engine. From 2030, the government will ban the sale of all new petrol and diesel cars in order to help the country hit its ambitious 2050 climate goals. [...]
