Warren Buffett’s Berkshire Hathaway dumps Visa and Mastercard stock and buys $1bn in Bitcoin fintech Nubank February 16, 2022 Berkshire Hathaway, Warren Buffett’s investment vehicle, has reportedly ditched more than $3bn in stock in payment processor giants Visa and Mastercard. According to a securities filing in the U.S., dated 14 February, the investment giant has sold $1.8bn in Visa shares and $1.3bn in Mastercard stock. At the same time, the company increased its participation [...]
‘Meta, Metamates, me’: Mark Zuckerberg sets out order of importance and values for staff at Facebook and Instagram owner February 16, 2022 Mark Zuckerberg has set out a number of corporate values that employees at Facebook-owner Meta should adhere by. During a virtual company meeting yesterday, the Facebook founder introduced the catchphrase ‘Meta, Metamates, me’, according to reports in the Washington Post and on the Gizmodo website. The catchphrase reportedly sets out the order of importance by [...]
Wales to roll out world’s most generous basic income scheme with guaranteed income of £1,600 per month February 16, 2022 Wales is to introduce what is believed to be the most generous basic income scheme ever trialled in the world. Ministers want to use the scheme to assess the impact receiving a basic income has on young people as they leave care, particularly those from disadvantaged backgrounds. All young people leaving care who turn 18 [...]
AIDS scientists cure human for the first time: Former HIV patient is off medication, asymptomatic and healthy February 16, 2022 Researchers in the U.S. have said they have cured HIV in a human being for the very first time. The scientists said the mixed-race New York woman, who was previously HIV positive, was now “off medication, asymptomatic and healthy”, according to various media reports. The scientists reportedly used a cutting-edge stem cell transplant method that [...]
Kremlin-linked Russian money laundered in London: UK should ‘get its house in order on dirty Russian cash’ February 16, 2022 Boris Johnson’s government needs to “get its house in order” if it is serious about tackling “dirty money” from Russia coming into the UK, Keir Starmer has said. The Labour leader also called for the Government to “go now and go hard” with sanctions against Russia, as he said the Prime Minister should return all [...]
Pressure grows on Prince Andrew to give up Duke of York title after expensive deal with Virginia Giuffre February 16, 2022 Prince Andrew, whose status as a member of the royal family was left in tatters last month after the Queen stripped him of his honorary military roles and he gave up his HRH style, has been urged to show “respect” by now losing his dukedom. The Duke of York is facing calls to give up [...]
Inflation nears 30-year high as consumer price index climbs to 5.5 per cent February 16, 2022 UK inflation has remained at a near 30-year high after rising further in January as Britain remains in the grip of a tightening cost-of-living squeeze, according to official figures. The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation reached 5.5 per cent in January, up from 5.4 per cent in December and [...]
Storegga chief on Kwasi Kwarteng’s recent trade mission to Saudi Arabia: ‘A fabulous opportunity for the UK’ February 16, 2022 London-based Nick Cooper, who is the chief executive officer of Storegga, developing decarbonisation projects around the world, recently returned from a UK Government trade mission to the Kingdom of Saudi Arabia. The delegation was led by by Rt Hon Kwasi Kwarteng MP, Secretary of State at the Department of Business, Energy and Industrial Strategy. The [...]
Prince Andrew strikes deal with Virginia Giuffre in US civil sex case: Duke of York to make ‘donation’ February 15, 2022 The Duke of York and Virginia Giuffre have reached a “settlement in principle” in the civil sex claim filed in the US, court documents show. A document submitted to a US court said: “Virginia Giuffre and Prince Andrew have reached an out of court settlement. “The parties will file a stipulated dismissal upon Ms Giuffre’s [...]
Extremely deadly Ebola virus can hide in survivor’s brain for five years after treatment and recovery February 15, 2022 The extremely lethal virus Ebola is able to ‘hide’ in the brain for years despite treatment and recovery, according to new research. US researchers found that monkeys that survived an Ebola infection still carried the virus years later in their brains. “We have found that about 20 per cent of monkeys that survived a lethal [...]
