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By: Millie Turner

Breaking news reporter, covering politics and technology

All 727 Articles
  • Bezos-backed miner invests in Aim-listed Bluejay Mining, sending shares flying

    August 9, 2021

    Bill Gates and Jeff Bezos-backed battery minerals venture KoBold Metals is set to develop a new major nickel, copper and cobalt project with AIM-listed Bluejay Mining. The news sent Bluejay’s shares soaring 20.6 per cent at 11.2p per share in its afternoon trading. KoBold Metals will earn 51 per cent of Bluejay’s licence for the [...]

  • Businesses must ‘act on pledges as soon as possible’ after damning climate report

    August 9, 2021

    The world’s latest climate report spells ‘code red’ for humanity, UN secretary-general Antonio Guterres has said, while oil stocks go down the drain. The report, by the Intergovernmental Panel on Climate Change (IPCC), found that recent “human influence” on the world’s warming climate system has been “unprecedented over many centuries to many thousands of years”. [...]

  • Tech firm NetEase pulls $1bn Cloud Village IPO after Beijing’s attack on gaming

    August 9, 2021

    Chinese technology firm NetEase has put a pin in its $1bn Hong Kong listing for its music streaming service Cloud Village due to recent volatility in the tech market, according to reports. The initial public offering (IPO) had already been approved by the Hong Kong Stock Exchange’s listing committee, according to filings lodged with the exchange. [...]

  • TikTok owner mulls Hong Kong IPO, once it can fly by hawkish regulators

    August 9, 2021

    China’s ByteDance, the owner of popular short video platform TikTok, has yet again tabled plans to list in Hong Kong once it has addressed Chinese regulators’ concerns, according to reports. The news and entertainment group is eyeing the fourth quarter of this year or early 2022, the Financial Times reported, citing sources familiar with the [...]

  • China’s Wuhan tests 12m in six days after emergence of the Delta variant

    August 9, 2021

    China’s Wuhan has completed citywide testing of some 12m residents for Covid-19 after just six days, to stamp out the emergence of the Delta strain. The testing programme, which began on Tuesday and finished yesterday, provides “basically full coverage” of all residents excluding children under the age of six and students on their summer break, [...]

  • London Stock Exchange Group sees profits recover from 2020’s wave of pandemic uncertainty

    August 6, 2021

    The London Stock Exchange Group (LSEG) has seen its total profits recover in response to pandemic uncertainty which rocked its financial markets in the first half of 2020. Total profit hit £2.7bn in the six months to 30 June, up from just £914m in the first half of last year when the stock market faced [...]

  • ‘No parade, no protest’: London Pride cancelled due to Covid restrictions

    August 6, 2021

    This year’s Pride celebrations in London have been cancelled due to Covid-19 restrictions, the event’s organisers have confirmed. The flagship LGBTQ+ event, which was first postponed from 11 June to September, had been expected to attract some 35,000 people. Organisers, who performed risk assessments for the event, said the parade could not be held within [...]

  • Vaccine race: Chile leads, Spain overtakes UK and one-third of world gets first dose

    August 6, 2021

    Just under a third of the world’s population has received one dose of a Covid-19 vaccine so far in the global immunisation drive, forming part of some 4.3bn jabs distributed, the latest data reveals. Around 15.2 per cent of the world has been fully vaccinated, according to Our World in Data, but only 1.1 per [...]

  • Huawei revenues collapse nearly a third as it peddles against US sanctions

    August 6, 2021

    Chinese telecoms giant Huawei Technologies has watched its revenue collapse by almost a third so far this year, as it peddles against the waters of US sanctions. Revenue hit $49.5bn in the six months to June, down 29 per cent, the group reported today. With its handset business struck by US sanctions, the UK’s decision [...]

  • Hikma Pharmaceutical revenue hits $1.2bn, buoyed by investments in new medicines

    August 6, 2021

    Hikma Pharmaceuticals’ revenue has hit $1.2bn in the past six months, inching past last year’s figure. Revenue was up seven per cent in the six months to June from $1.1bn in the same period last year. The pharmaceutical firm also pulled in $326m in operating profit, some 10 per cent more than the first half [...]

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