London City boss joins calls for global approach to lifting travel restrictions February 26, 2021 The boss of London City airport has today joined calls for the government to lead the way in implementing a set of “globally recognised travel standards” to get the capital thriving again. His comments came as business body London First said the government should champion measures allowing visitors with either proof of vaccination or a [...]
Cyber gang hacks into Oxford University’s Covid-19 lab February 25, 2021 Oxford University Lab Strubi has been hacked by Cybergang selling secrets
Airbnb reports better than expected revenue drop amid biting pandemic restrictions February 25, 2021 Airbnb suffered a better than expected 22 per cent revenue drop in Q4 2020, having at one stage predicted 2020 revenue could be less than half of what it was in 2019. Airbnb’s total revenue of $3.4bn for 2020 decreased by only 30 per cent compared with $4.8bn in 2019. In Q4 2020, revenue of [...]
EU considers crackdown on short-selling following GameStop saga February 25, 2021 Ugo Bassi, director of Financial Markets in the European Commission’s DG FISMA (Financial services), said today the EU may consider tweaking disclosure rules for short selling to create more transparency. During a meeting of the European Parliament’s committee on economic and monetary affairs, he said he could envisage the possibility of lowering the 0.5 per cent [...]
More woe for Boeing as new $6.6m fine compounds jet repair bill February 25, 2021 Boeing faces a fresh fine from US regulators, a payment it will have to make as it shells out cash on repairing its 787 Dreamliner jets. The new $6.6m fine is part of an expected settlement with US regulators over quality and safety-oversight lapses going back years – a setback that comes as Boeing wrestles [...]
Twitter mulling subscription services and tipping features February 25, 2021 Twitter mulls over introducing new subscription features to provide monetary incentives to influencers
Alexei Navalny: Destination unknown as Putin makes opponent disappear February 25, 2021 Russian opposition politician Alexei Navalny has been moved to an undisclosed detention centre outside Moscow, his lawyer and a member of a rights organisation said this evening. One of his lawyers, Vadim Kobzev, said on Twitter that Navalny was transferred to a prison camp but it was not clear which one or where. Navalny, a [...]
Lady Gaga offers $500,000 reward for stolen dogs, ‘no questions asked’ February 25, 2021 Lady Gaga is offering a $500,000 reward for the return of her two French bulldogs after they were stolen on Wednesday in a night raid in which her dog walker was shot. Lady Gaga’s dog walker Ryan Fischer took the singer’s three pets out for a walk in West Hollywood around 10pm where he was [...]
United States may boycott 2022 Winter Olympics in Beijing February 25, 2021 The White House has not made a final decision on whether the US will participate in the Winter Olympics in Beijing, a decision that could see the United States boycott the games in 2022. “There hasn’t been a final decision made on that and of course we would look for guidance from the U.S. Olympic [...]
Cathie Wood: Low rates and quantitative easing drive interest in Bitcoin February 25, 2021 Cathie Wood, the well-known U.S. investor and founder of Ark Investment Management, said today that Bitcoin is in its “early days” given its diverse use cases. However, Wood emphasised Bitcoin’s potential as a hedge in a global economy of low rates and quantitative easing. “The dollar is down which is normally a positive cue for [...]
