GSK to begin phase 3 trial of Covid-19 vaccine August 31, 2021 GlaxoSmithKline (GSK) has announced it will begin the third phase of trials for a Covid-19 vaccine developed in collaboration with SK bio. The move to phase three follows positive interim results from preliminary trials which showed that 100 percent of candidates who received the vaccine developed antibodies. Levels of neutralising antibodies were between five and [...]
Nike gives burnt out staff in its head office a week off August 31, 2021 Nike has announced that staff working in its Oregon headquarters will be given a week off to destress after the “traumatic” events of the Covid-19 pandemic. In a message posted to LinkedIn last week, Matt Marrazzo, the firm’s head of insights, said Nike would be “powering down” for a week starting Monday. He said: “Our [...]
McDonald’s considers closing indoor seating at US sites amid Delta surge August 31, 2021 McDonalds will consider closing indoor seating areas in the US counties worst affected by the Delta variant of Covid-19. In 2020 the majority of McDonald’s sites across the US closed their doors to eat-in diners, but last month the company had reopened 70 per cent of sites. The spread of Delta, which pushed average daily [...]
Microsoft awarded patent for crypto token creation software August 27, 2021 Microsoft has been awarded a US patent for software which will help users to develop blockchain applications and create crypto tokens. The tech behemoth has secured a patent for “ledger-independent token service” which executes user requests to create new tokens on a ledger network. The request was filed in 2019. The system will offer “token templates” [...]
Extinction Rebellion target the City, with Guildhall and StanChart doused in paint August 27, 2021 In the group’s fifth consecutive day of action Extinction Rebellion (XR) activists have vandalised Guildhall and the headquarteres of Standard Chartered. In a video shared on Twitter police could be seen clashing with protestors as the green rabble rousers painted red streaks and pressed handprints onto the bank’s main entrance. Activists also targeted the Guildhall. [...]
Share of London buyers from outside capital at five year high August 27, 2021 The share of buyers moving to London from outside the capital has reached its highest level in five years. Data from Hamptons, the luxury estate agents based in London, showed that the proportion of buyers who moved in from outside the capital jumped to 13.5 per cent for the 12 months ending June 2021. Migrated [...]
Digital Rupee: Trial confirmed as worldwide interest in digital currency grows August 27, 2021 The Reserve Bank of India has announced the start of trials for an electronic rupee amid growing international interest in digital currency. Yesterday, central bank governor Shaktikanta Das confirmed that trials could begin as early as December. “I think by the end of the year, we should be able to – we would be in [...]
Contactless limit to rise to £100 from October August 27, 2021 The limit for spending on contactless cards will reportedly rise from £45 to £100 on October 15. In March, Rishi Sunak confirmed that the payment limit would be raised in order to boost businesses as the UK recovers from the Covid-19 pandemic. UK Finance, an industry body which represents banks, today confirmed that the changes [...]
Soho House waitlist at ‘record high’ says owner August 27, 2021 The Membership Collective Group (MCG) who own Soho House, has delivered strong growth in Q2 2021 amid surging interest in membership. The company, which raised $402 last month during its New York listing, increased revenues for the second quarter by 118 per cent, taking $124m in the three months to July 04. Revenue from MCG [...]
US’s John Kerry pressures China to stop financing coal August 27, 2021 The US’s climate envoy John Kerry will press Chinese leaders to declare a moratorium on funding coal-fired projects. Kerry plans to visit China next week to request that Beijing formally halts funding for coal based projects as part of plans to reduce global emissions. So far this year, Beijing has not offered any financing to [...]
