Pilots slam Norwegian Air over owed salaries following UK collapse February 2, 2021 Pilots have hit back at Norwegian Air after it emerged the airline will not pay outstanding salaries to laid-off staff following the collapse of its UK operations. The British Airline Pilots Association (Balpa) today said staff were demanding answers as to why they had been left with “absolutely nothing”. Norwegian Air last month announced it [...]
Gamestops? Shares plunge more than 50 per cent as Reddit rally retreats February 2, 2021 Reddit day traders’ hold on the market seemed to be running out of steam on Tuesday as the price of silver stalled and Gamestop shares plunged more than 50 per cent on the open. Gamestop has dominated the headlines in the past week after r/wallstreetbets took the fight to Wall Street’s hedge funds. The bricks-and-mortar [...]
Why baijiu is set to take the UK spirits business by storm February 2, 2021 The famous Chinese poet Li Bai of the Tang Dynasty had some very precise ideas about drinking. He once wrote, “One’s drinking companions should be elegant, unrestrained, forthright, understanding, old friends or beautiful”. He further counselled that “The best places for drinking should be in front of flowers, in the bamboo forest, in a high [...]
Putin critic Alexei Navalny sentenced to three-and-half years in penal colony February 2, 2021 Alexei Navalny has been sentenced to three-and-a-half years in a prison colony despite widespread protests in support of the Kremlin critic. Navalny, who is one of President Putin’s fiercest opponents, was arrested last month on his return to Russia from Berlin, where he was recovering from being poisoned with a military-grade nerve agent. The opposition [...]
Paykey launches trading functionality to compete with ‘wild west’ app market February 2, 2021 The Gamestop frenzy last week not only showed the power of retail investors but the popularity and risks associated with free trading apps. Robinhood, which promises no user fees, faced backlash from investors after sharp swings in the value of stocks meant it was forced to restrict trading. It has sparked debate over whether these [...]
British Gas boss received poo in the post amid fire and rehire row February 2, 2021 The chief executive of British Gas owner Centrica was “sent excrement” in the post yesterday amid an ongoing row over pay at the firm. Chris O’Shea told MPs at a business committee meeting today that the package was received by his wife and teenage son “with a note about fire and rehire”. British Gas engineers [...]
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 [...]