United Airlines warns 14,000 staff could be stood down without pay January 29, 2021 United Airlines has warned some 14,000 employees could be stood down without pay when a second round of payroll support for airlines in the US expires on 1 April. The Chicago-based airline recalled 13,000 employees from furlough – a term in the US that means a mandatory suspension without pay – when the fresh payroll [...]
GameStop rises on Wall St open as FCA issues trading warning January 29, 2021 GameStop stock was up more than 100 per cent as US markets opened today, as popular trading platform Robinhood eased restrictions on buying into the stock. The army of small investors behind this week’s dramatic squeeze on Wall Street hedge funds returned to drive shares in GameStop and other hot companies higher on Friday as online broker [...]
Liz Truss makes de-escalating trade disputes with US a top priority January 29, 2021 Trade minister Liz Truss has said she will make it her top priority to de-escalate trade disputes over steel and aircraft subsidies with the United States. Speaking at this year’s virtual Davos summit, Truss said countries must “resist protectionism”, and that there should not be tariffs between the UK, the EU and the US. “On [...]
Softbank-backed blank cheque firm eyes $200m stock market float January 29, 2021 A blank cheque firm backed by a top Softbank executive is looking to raise as much as $200m (£146m) in an initial public offering. LDH Growth Corp I, led by Softbank chief operating officer Marcelo Claure and controlled by an affiliate of the Japanese conglomerate, today said it planned to sell 20m shares units of [...]
What next for Biden’s climate and social agenda? January 29, 2021 Joe Biden ran on one of the most progressive platforms the US has ever seen, with climate ambition at its heart. His victory will result in a sea-change in US climate ambition. That said, the narrow margin of victory will pose challenges for the more ambitious elements of his agenda. Below we assess the policy [...]
China will no longer recognise Hong Kong citizens’ British overseas passports January 29, 2021 China said today it will “no longer recognise” British National Overseas (BNO) passports for Hong Kong citizens as the UK prepares to welcome those fleeing the National Security Law. A foreign ministry spokesperson for the Chinese government said: “From January 31, China will no longer recognise the so-called BNO passport as a travel document and [...]
WandaVision Episode 4 review – Marvel fills in the gaps. January 29, 2021 Up to this point, WandaVision has revelled in the enigmatic nature of its plot. We’ve been given only threads of what is happening, and who’s behind it. Last week ‘Geraldine’ (Teyonah Parris) cracked Wanda’s reality by mentioning that Wanda’s (Elizabeth Olsen) brother was killed by Ultron. Infuriated, Wanda threw Geraldine out of their sitcom world [...]
No-and-low alcohol spirits are here to stay, so do it in style January 29, 2021 Dry January has always been a challenge, but 2021 has made going sans alcohol even harder. If you have stuck with it this far – through Zoom meetings, home-schooling, and an inescapable sense of existential dread – then you deserve a treat in this final weekend of the month. We’re already well-versed in low- or [...]
Shortlist announced for London’s top environmental awards January 29, 2021 The City of London Corporation has revealed the 10 Square Mile businesses shortlisted in the capital’s top environmental gongs – the Clean City Awards. The scheme, now in its 26th year, rewards businesses leading the way in improving their environmental performance – be it by reducing plastic use, taking action to cut carbon emissions or by boosting recycling. [...]
EU securities watchdog calls for stricter regulation on greenwashing January 29, 2021 The European Securities and Markets Authority (ESMA) said today EU rules are needed to regulate ratings on the environmental, social and governance (ESG) aspects of companies to avoid investors being deceived by “greenwashing”. Asset managers use ESG ratings to make “green” environmentally conscious investment decisions. Greenwashing refers to inaccurate claims that investments are sustainable and [...]
