US jobless claims fall to lowest level since the start of the pandemic March 25, 2021 New claims for unemployment benefits in the US fell to their lowest level since the start of the pandemic as the economy rebounds. Initial claims for state unemployment benefits came in at 684,000, down from 781,000 a week earlier, according to the Labor Department. Claims are now at their lowest level since the middle of [...]
Binance announce two more major appointments March 25, 2021 Binance – the world’s largest cryptocurrency exchange – has announced two further big-name appointments, only weeks after handing a role to former US Senator Max Baucus.
Green investment surges as UK bosses sound alarm on climate change March 25, 2021 The majority of UK bosses intend to increase their long-term investments in sustainability initiatives as they grow concerned about the impact of climate change. A PwC survey of UK chief executives reveals 70 per cent are concerned about the impact of climate change, with almost a third “extremely concerned” about the issue. But climate change [...]
Lockdown pet boom boosts CVS revenue to £245.6m March 25, 2021 The UK’s lockdown pet boom brought a boost to veterinary services provider CVS, which enjoyed a 9.4 per cent revenue growth in the last six months of 2020. The company saw its revenue rise to £245.6m, up around £20m from the year before, as customers were found to be spending around six per cent more [...]
UK greenhouse gas emissions fell nearly a tenth in 2020 March 25, 2021 The UK’s greenhouse gas emissions fell nearly 10 per cent in 2020 as the pandemic saw energy usage from transport use tumble. Overall emissions fell 8.9 per cent over the course of the year, one of the largest falls on record. It is the eighth straight year in which total emissions have fallen. As a [...]
Facebook’s Giphy takeover could harm Gif supply, watchdog warns March 25, 2021 The competition watchdog has given Facebook and Giphy five working days to address concerns their merger could harm the digital advertising market and the supply of Gifs. The Competition and Markets Authority (CMA) today said Facebook’s planned takeover of the popular gif-maker, worth a reported $400m (£320m), could stifle competition. Following an initial investigation, the [...]
Astra Zeneca revises US vaccine trial results after claims of outdated data March 25, 2021 AstraZeneca has confirmed its Covid-19 vaccine as 76 per cent effective after a new US trial, which showed it to be only three per cent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 [...]
