Japan intends to keep stake in Russian oil and gas project despite Western exodus August 8, 2022 Japan will keep hold of its stake in an oil and gas project in Russia, despite Western energy giants abandoning projects in the country.
Meta and BlackRock dive deeper into crypto as Voyager receives approval to return cash August 8, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week around the $23,000 mark and moved sideways throughout most of it.
UK drafting plans to ‘significantly’ boost overseas recruits in NHS August 8, 2022 The UK government is drafting plans to “significantly” boost the number of overseas staff in the NHS to avert a winter crisis, according to the health secretary today. In a bid to combat worsening delays in the NHS, health secretary Steve Barclay told the Telegraph: “I have been working at pace over recent weeks to [...]
Maersk warns about logistics disruption if Felixstowe strike goes ahead August 8, 2022 The strike at the Port of Felixstowe could lead to significant disruption, Maersk said. In a notice published today, the shipping giant warned customers to expect “significant operational delays,” urging them to have contingency plans ready. “Our teams continue working hard on planning appropriate contingencies and expect to share concrete details and actions we are [...]
SoftBank boss ‘ashamed’ as Vision Fund suffers $23.1bn loss August 8, 2022 Japanese investment giant SoftBank crashed to a $23.1bn loss in the second quarter of the year as its flagship Vision Funds were battered by the rout on global markets.
Researchers label Nigeria as the world’s most ‘crypto obsessed’ nation August 8, 2022 Nigeria is, according to a new research study, head-and-shoulders the most cryptocurrency curious country in the world.
Lion sells beer brands Fourpure and Magic Rock to Odyssey Inns August 8, 2022 Australian beverage giant Lion has sold its UK operations, including craft beer brands Fourpure and Magic Rock to Odyssey Inns. Alongside the beer brands, Odyssey has also snapped up breweries and taprooms in London, Huddersfield and Holmfirth and the Little Creatures craft beer hospitality venue in Kings Cross. Lion, a subsidiary of Japanese drinks conglomerate [...]
WH Smith de-risks pensions scheme via Standard Life insurance policy August 8, 2022 WH Smith on Monday said it had taken out a bulk annuity insurance policy with Standard Life, through which the Phoenix Group subsidiary will cover the costs of the retailer’s £1bn pension scheme. The high-street bookseller’s insurance policy will see Standard Life pay the pensions of the almost 13,000 members of WH Smith’s defined [...]
Air taxi firm Vertical Aerospace posts loss as company builds latest prototype August 8, 2022 UK electric aviation firm Vertical Aerospace has posted a half-year loss of £39m, up from last year’s £22m, due to its pre-revenue status. Costs increased as the company completed building its aerial taxi prototype which, after a series of ground testing, is expected to begin flying this summer. “I am grateful for the efforts of [...]
BioNTech’s Covid-19 vaccine boosts revenue to £8bn so far this year August 8, 2022 BioNtech, the company which worked with Pfizer to develop its famed Covid-19 vaccine, has reported €9.6bn (£8bn) worth of revenue so far this year. The Germany pharmaceutical giant snagged €3.2bn (£2.6bn) in revenue in the second quarter of this year, the company reported today. In a call today, CEO Uğur Şahin said the results [...]