GlobalBlock Launches New Upgraded Trading App July 28, 2022 GlobalBlock Europe, UAB (“GBE“), a subsidiary of publicly listed GlobalBlock Digital Asset Trading Limited (TSXV: BLOK) (OTC Pink: BLVDF) (FSE: BD4) (the “Company” or “GlobalBlock“), is pleased to announce that GBE has successfully launched its new mobile trading app. The enhanced technology and feature rich app complements GBE’s service led provision of digital asset services, [...]
Porsche IPO on track as Volkswagen maintains year outlook July 28, 2022 Porsche’s IPO remains on track, said Arno Antlitz, chief financial officer of parent company Volkswagen. According to the executive, the luxury marquee’s listing continues “with more emphasis than before” even after chief executive Herbert Diess stepped down last week. Diess, reports say, was fired over software development delays that set back the launch of new [...]
Biden administration: 75,000 Russian troops have been killed or injured in Ukraine war so far July 28, 2022 Up to half the troops Russia has committed to the war in Ukraine have been killed or injured, according to classified information from the White House. Joe Biden’s administration officials told House lawmakers that 75,000 Russians have been killed or wounded during the ongoing war in Ukraine. Neither Russia or Ukraine have released official figures [...]
Martin Lewis begs Sunak and Truss to ‘sit down together and make a decision on soaring energy bills’ July 28, 2022 Martin Lewis has urged Tory leadership hopefuls to take action on eye-watering energy prices and “forestall the mental damage” debts will cause. The consumer champion who founded MoneySavingExpert.com said the situation with energy bills is reaching a “desperate” stage, and will impact on millions of households. He also warned the situation needed to be solved [...]
‘Political headache’: House prices soar to nearly nine times the average income July 28, 2022 Property prices have soared to nearly nine time the average household disposable income in Britain, according to official figures. Affordability ratios in England are at their worst since records began in 1999, the Office for National Statistics revealed today. In London, an average-priced home will cost prospective buyers from low-income households an eyewatering 40 years’ [...]
UK courts could grant damages in cryptocurrency, Law Commission argues July 28, 2022 British courts could award remedies like damages in cryptocurrencies, the Law Commission said in its Digital Assets Consultation paper today. “There is an arguable case for law reform to provide courts in England and Wales with the discretion to award a remedy (where traditionally denominated in money) denominated in certain crypto-tokens in appropriate cases,” the [...]
US plunges into technical recession as rest of world braces for similar fate July 28, 2022 The US economy has plunged into a technical recession in a sign of things to come for the rest of the world, figures published today revealed. The American economy unexpectedly shrank 0.9 per cent in the three months to June, marking the second successive quarter the economy has contracted, meeting the common definition of a [...]
Ofwat clamps down on water companies with proposals to regulate dividends July 28, 2022 Water companies could be prevented from making dividend payments if their financial resilience is at risk, in new reforms pushed by Ofwat.
Ocado appoints CEO to head up new technology division to focus on robotics handling July 28, 2022 Online grocer and tech firm has appointed its current chief operating officer to a new role as top boss of a new Ocado division. Mark Richardson will step into the newly-created role of CEO as a new business which will extend Ocado’s “product offering into new market sectors alongside grocery.” The upcoming launch of products [...]
Startups restraining breakneck growth plans in hunt for funding, says VC chief July 28, 2022 UK startups are paring back growth-at-all-costs business plans and mapping out firmer routes to profitability as recessionary fears cause investors to pull back from higher risk bets, a top venture capital chief said today.
