Uber shares fizz on $1.1bn takeover of alcohol delivery firm Drizly February 2, 2021 Shares in Uber moved up a gear this afternoon after it announced a $1.1bn (£806m) deal to acquire alcohol delivery service Drizly. The deal, which is Uber’s biggest acquisition since it bought rival Postmates last year, will be paid more than 90 per cent through stock, with the remainder paid in cash. Once the transaction [...]
Hong Kong Racing Tips: Take on the fav with Chater Pins February 2, 2021 YOU CAN guarantee that bettors will double-up on Maldives in his bid to follow-up last month’s track and trip victory, in the Stonecutters Island Handicap (12.45pm) over the extended mile. Backed late on as if defeat was out of the question three weeks ago, this New Zealand bred galloper looked likely to come home alone [...]
Hong Kong Racing Tips: Size looks to have another Ace up his sleeve February 2, 2021 IT COULD pay to jump on the John Size bandwagon when the 11-time Champion Trainer sends a handful of raiders to Happy Valley on Wednesday. Records show the ‘master trainer’ saddled an incredible 14 winners last month, including 11 from his last 32 runners. He is now breathing down the neck of championship leader Caspar [...]
Hong Kong Racing Tips: Yung and Purton looks a Union worth backing February 2, 2021 WHEN trainer Benno Yung books Zac Purton to ride one of his gallopers they are always worth close scrutiny. Yung’s stable is mostly full of middle of the road handicappers, but the trainer is a past-master of finding winning opportunities for the majority of his horses during the season. He looks to have found the [...]
Viagogo forced to break up Stubhub after $4bn takeover February 2, 2021 Viagogo must sell all of Stubhub’s operations outside the US to satisfy competition concerns over its $4bn (£2.9bn) takeover, regulators said today. A probe by the Competition and Markets Authority (CMA) found that the deal would lead to a substantial reduction in competition in the secondary ticketing market and potentially result in higher fees or [...]
Landmark report aims to make City more diverse and inclusive February 2, 2021 A landmark new report on tackling racism will put diversity and inclusivity ‘front and centre’ in the City of London, its authors have said. A series of ‘comprehensive and decisive’ actions recommended by the City of London Corporation’s Tackling Racism Taskforce have been agreed by the Square Mile governing body’s Policy and Resources Committee. They [...]
Oil prices hit highest levels in a year as producers cut output February 2, 2021 Oil prices rose more than 2.5 per cent today to reach its highest since last February after major producers showed they were reining in output roughly in line with their commitments. Brent crude was up 2.5 per cent at $57.77 a barrel for its third straight day of gains and the highest levels in 12 [...]
UK threatens to cut all Myanmar aid if Aung San Suu Kyi not released February 2, 2021 The UK government has threatened to withdraw all aid to Myanmar if the country’s military does not release detained leader Aung San Suu Kyi and cease the current coup attempt. Asia minister Nigel Adams told MPs today that it would “suspend” aid to Myanmar, which all goes to non-governmental organisations (NGOs), if democracy is not [...]
The rise of TikTok ‘finfluencers’ offers lessons for the investment industry February 2, 2021 No longer just a platform for teenage dance challenges, TikTok is becoming the number one spot for financial advice.
BT in talks with Oneweb over satellite broadband rollout February 2, 2021 BT is in discussions over the potential use of Oneweb satellites to help roll out broadband to the most remote parts of the UK. The telecoms giant is in early stage talks to explore how satellite constellations could be used to beam internet services to rural areas that are too difficult or expensive to reach [...]
