EU regulator concerned about ability to hire specialised staff to enforce crypto rules July 27, 2022 The European Union’s banking regulator is concerned about finding specialised staff to oversee the EU’s proposed crypto regulations, the Financial Times reported. The European Banking Authority expressed worries over talent retention in the crypto industry as it gears up to regulate the EU’s MiCa rules for crypto, most of which will come into force from [...]
Spotlight on the week’s top performer: Trust Wallet Token July 27, 2022 As the “crypto winter” continues to grip the industry, there is some positive news for Trust Wallet Token, this week’s top performer. The token has gained 12.33 per cent over the past seven days and was up about 2 per cent today to trade at $0.95 (£0.79). The token from crypto wallet Trust registered a [...]
Production delays and China lockdown constrain Jaguar’s profits July 27, 2022 Covid-induced production delays and the impact of China’s lockdown have constrained Jaguar Land Rover’s quarterly profits. In the three months ended 30 June, the luxury marquee posted a loss before tax of £524m, despite a record 200,000 client orders. This comes on the heels of its Indian owner, Tata Motors, suffered a loss of 50 [...]
Food delivery share prices could ‘meaningfully recover’ next year as firms approach profitability July 27, 2022 While food delivery stocks have experienced turbulence lately, the Royal Bank of Canada said there was potential for shares to “meaningfully recover” as start-ups approach profitability. Former City darlings Deliveroo and Just Eat Takeaway have seen their share prices plummet by some 72 per cent and 77 per cent in the past year, despite blockbuster [...]
News channels to be given new freedoms to broadcast sentencing hearings July 27, 2022 Broadcasters will be given new freedoms to film and broadcast Crown Court judges’ sentencing remarks, after a new law comes into force tomorrow morning. The UK’s biggest broadcasters will be given the right to broadcast statements made by Crown Court judges during sentencing hearings, both online and on TV. Under the new rules, TV news [...]
From music festivals to web 3, It’s all about community for Harry Horsfall July 27, 2022 From music festivals to DeFi conferences, Harry Horsfall is a force of nature. His energy levels are prestigious and much spoken of, his enthusiasm infectious and his clarion call of We are all going to make it or WAGMI – one of the genuine ones. Harry is Web3 personified. His digital Web3 marketing company ZebuDigital [...]
US investors get the jitters as global market confidence plummets July 27, 2022 Investor confidence has plunged this month as rampant inflation and global political uncertainty continues to batter public markets, according to a survey of investor sentiment today.
Met Office says this month was driest July since 1911 with just 25 per cent of average rainfall July 27, 2022 England has experienced its driest July since 1911 with under 25 per cent of average rainfall occurring. The Met Office made an announcement on Wednesday that there had only been 15.8mm of rain on average across the country over this month. This represents 24 per cent of the usual rainfall in England, while across [...]
Eurostar running special timetable and reduced hours due to national rail strike impact July 27, 2022 Eurostar is having to run a special timetable and reduced hours on UK rail lines as a result of national rail strikes. The route between London and the continent said its changes were announced last week, and there had been no unplanned disruption. This comes as more than 40,000 members of RMT working for Network [...]
Visa hails return of travel as revenues fly to £6bn July 27, 2022 Bosses at payments giant Visa hailed the return of travel yesterday as a rebound in summer holidays helped push revenues up 19 per cent in the third quarter of the year.
