Rio Tinto pays out $9.1bn in dividends following record earnings July 28, 2021 Rio Tinto logged a record first half performance today, underpinned by soaring iron ore prices on strong demand from China, which led the global miner to pay out a bonanza of $9.1bn in dividends. Watch the full report.
Nissan: Strong US demand and weak yean result in surprise profit July 28, 2021 Nissan posted a surprise profit in its latest quarter, helped by a weaker yen and stronger U.S. demand. Watch the full report.
Boeing posts first profit in two years as 737 MAX jets deliveries take off July 28, 2021 Boeing posted its first profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained traction amid a sharp rebound in travel bookings following an increase in global Covid-19 vaccinations. Watch the full report.
Watch: North Korea’s Covid lockdown is ‘harsh as war’ July 28, 2021 North Korea’s leader Kim Jong Un says that prolonged lockdowns to prevent coronavirus has forced the country to face hardships “no less harsh” than a wartime situation. Watch the full report.
Watch: CCTV images show Cuban embassy in Paris being attacked July 28, 2021 Cuba’s foreign ministry has released surveillance footage of a petrol bomb attack on their embassy in Paris. Watch the full report.
UK foreign secretary: Entire world should be vaccinated by middle of next year July 28, 2021 British Foreign Secretary Dominic Raab warned today that the world would not be vaccinated until 2024 under current rates and urged other countries to join Britain in donating shots to poorer nations to bring that date forward to the middle of next year. Watch the full report.
Abramovich bought Chelsea on Putin’s orders, former FT correspondent in Moscow claims July 28, 2021 Russian billionaire Roman Abramovich was accused of buying Chelsea FC as “part of a scheme to corrupt the West” on Vladimir Putin’s orders in a “seriously defamatory” book about the Russian president’s regime, his lawyers told the High Court today. The 54-year-old billionaire is suing journalist Catherine Belton over her best-selling book Putin’s People: How [...]
Corruption in the City: Pinning down companies’ criminal accountability July 28, 2021 This summer marked 10 years since the UK Bribery Act 2010 came into force. Amongst many new powers granted under the law, a particularly significant one was that of the ‘failure to prevent’ corruption or bribery, under which businesses could be held liable and responsible for the actions of their subordinate, unless they had sufficiently [...]
Amanda Pritchard to become first female chief executive of NHS in England July 28, 2021 It’s done: Amanda Pritchard is to become the new head of the NHS in England. Pritchard has worked as chief operating officer under outgoing boss Sir Simon Stevens, who finishes his tenure at the end of the week. She will take over in the midst of a third wave of Covid-19 and as the NHS [...]
Cryptocurrencies in my pension? Yes please, say 40 per cent of millennials July 28, 2021 Nearly half of millennials would like to invest part of their pension in cryptocurrencies, according to a new study shared with City A.M. today. 40 per cent of millennials would add cryptocurrencies to their pension, a CoreData Research study of 500 UK retail investors conducted in March and April found. The study also revealed that [...]