Extinction Rebellion activists smash JP Morgan windows September 1, 2021 Green activists have vandalised the JP Morgan headquarters in Embankment using chisels and hammers to smash two windows. This morning eight women representing Extinction Rebellion arrived at the building and used hammers adorned with the words ‘live,’ ‘laugh’ and ‘love’ to break the glass. Activists added stickers which read ‘in case of climate emergency, break [...]
Global crypto community sends $4.68bn to scam accounts in a year September 1, 2021 A new report has revealed that the global crypto community lost $4.68bn (£3.4bn) to scams last year with Western Europeans hit hardest. Crypto holders in West Europe sent $1.4bn worth of crypto to illicit addresses last year, more than any other region, with $1.1bn of assets being sent to scam accounts according to Chainalysis. Kim [...]
Chinese hedge fund offers £218k starting salary to rival big banks September 1, 2021 Ubiquant, a China-based fund managing $8bn (£5.8bn) of assets, has bumped up starting salaries in a bid to compete with big banks. JP Morgan, Barclays and Citigroup all upped starting salaries to $100k amid rising market wealth and complaints from new starters about working 100-hour weeks during the pandemic. Amid growing competition Goldman Sachs and [...]
Travel restrictions dampen WH Smith’s annual results September 1, 2021 WH Smith has reported that its annual results fall far short of pre-pandemic levels as Covid-19 travel restrictions continue to bite. In a preview of the group’s annual financials, it revealed that total revenue for the second half of 2021 was at 65 per cent of pre-covid levels, climbing to 71 per cent in the [...]
UK’s Blue Prism sees shares surge 39 per cent amid takeover discussions September 1, 2021 Blue Prism has been lured into takeover discussions with two US private equity firms sending its share price soaring. Yesterday shares jumped by as much as 38.6 per cent, from lows of GBX837.0 to highs of GBX1,160.0, after the company announced it is in talks with TPG Capital and Vista Equity Partners about possible offers. [...]
Traffic chaos: Extinction Rebellion occupy London Bridge and BoE sites August 31, 2021 Traffic in the heart of London has ground to a halt as Extinction Rebellion (XR) activists stage occupations of key roads during the ninth consecutive day of protests. Helicopters could be heard overhead as Police blocked off London Bridge, the site of an Extinction Rebellion occupation where activists have glued themselves to a bus blocking [...]
Apple snaps up classical music streaming service Primephonic August 31, 2021 Apple is challenging the likes of Classic FM and BBC Radio 3 with the launch of a new classical music streaming app. Apple will be incorporating Primephonic, a classical music streaming app from based in the Netherlands, into its Apple Music service. Oliver Schusser, vice president of Apple Music and Beats said: “we love and [...]
Google invests £859m in German clean energy and digital infrastructure August 31, 2021 Google has announced it will invest €1bn (£859m) in German clean energy and digital infrastructure between now and 2030. Today, the tech behemoth has agreed a 92 megawatt deal with ENGIE, a large European utility company, which will assemble a green energy portfolio on Google’s behalf. The company is aiming for its German operations to [...]
Animal Rebellion activists block UK’s largest dairy factory August 31, 2021 A group of 70 animal rights activists have blockaded the UK’s largest dairy factory to highlight the farming industry’s contribution to climate change. In the early hours of this morning, 30 Animal Rebellion activists locked themselves to a giant bamboo structure and concrete barricades in front of the Arla Foods distribution centre in Aylesbury. Police [...]
Robinhood shares fall 9 per cent amid Paypal news and SEC ban fears August 31, 2021 Robinhood shares have plummeted after Paypal announced it could launch a rival brokerage and the SEC said a ban on order flow is a possibility. Robinhood, a trading platform for non-professional investors, saw its share price fell as much as 8.68 per cent from highs of $46.87 yesterday to lows of $42.80 today, after Paypal announced [...]
