Viva Mexico! Day of the Dead comes to London October 28, 2020 Día de Muertos – Day of the Dead – is upon us, and though Mexico City is off the cards this year that doesn’t mean you can’t get your carnival on in the capital. From Mexican feasts to homemade cocktails, here’s how to bring a little Mexico to you this weekend. Santo Remedio goes big [...]
Covid-19 ‘doughnut effect’ creates retail opportunities in outer London, experts say October 28, 2020 Outer London boroughs have recovered faster from the coronavirus restrictions than the city centre, creating a “doughnut effect”, which could provide new opportunities for retailers and landlords, experts have said. Research by estate agent Savills showed that in the six weeks to 23 October footfall in the City and Westminster was down 72 per cent [...]
Wines to swap for your Euro faves when No Deal Brexit bites October 28, 2020 With Brexit talks coming to a head, the Great British wine drinking prowess may prove to be a key negotiating tool. Winemakers are lobbying leaders across the Block to soften their stance in face of serious hurdles getting their plonk into our glasses. Currently over £2.2bn of wine is imported into the UK from the [...]
Boeing to slash 7,000 more jobs after fourth straight quarter of losses October 28, 2020 Planemaking giant Boeing will reportedly slash 7,000 more jobs as the firm reported its fourth straight quarter of losses. As a result, by the end of the year the US company will have shed 30,000 jobs – 20 per cent of its 160,000-strong workforce. Boeing fell to a $466m loss for the third quarter, meaning [...]
Apple steps up search engine efforts amid Google antitrust probe October 28, 2020 Apple is reportedly ramping up efforts to develop its own search engine technology as US antitrust authorities put Google’s market dominance under the spotlight. In iOS 14, the company’s latest iPhone software, Apple now shows its own results when users type queries into the search bar on the home page. The changes, which are likely [...]
How close are we to having an approved coronavirus vaccine? October 28, 2020 There are a number of vaccine programmes which have advanced to stage three trials, the final hurdle before approval, including two based in the UK. How are they progressing?
Tech resale site Music Magpie plots London stock market float October 28, 2020 Resale site Music Magpie is plotting an initial public offering in London after enjoying a bump in revenue during the coronavirus lockdown. The company has tapped investment banks Peel Hunt and Shore Capital to lead the float, which is expected to take place next year. Music Magpie allows customers to exchange their old electronic devices, [...]
Rolls-Royce shares halve after £2bn rights issue approved October 28, 2020 Rolls-Royce’s stock halved today after the the engine-maker’s shareholders voted in favour of a £2bn rights issue. After the morning’s trading, the blue chip’s stock was trading at 94.85p, down 56.7 per cent for the day. It’s the lowest the shares have traded at in over 15 years, and means that the stock has shed [...]
GSK profit falls a fifth in the third quarter October 28, 2020 Glaxosmithkline (GSK) saw profit attributable to shareholders slip nearly a fifth in the third quarter, but said it was on track to deliver on its guidance for the year. The update came after the pharma giant announced that it would provide a global coronavirus vaccine programme with 200m doses of its candidate. Over the three [...]
Blackstone earnings rise as it cashes out on investments October 28, 2020 US investment giant Blackstone reported a nine per cent rise in distributable earnings in the third quarter as it took advantage of market uncertainty and cashed out on some of its investments. Distributable earnings for the year-to-date came to $772m, up from $710m a year earlier, which translated into earnings per share of 63 cents. [...]
