Twitter board ‘unanimously’ recommends Elon Musk takeover June 21, 2022 Twitter’s board has unanimously recommended shareholders approve Elon Musk’s $44bn takeover, despite a rocky few months of discussions. The news comes after Musk met with Twitter employees last week at the company all-hands, and reasserted his desire to snap up the firm. According to a regulatory filing to the US Securities and Exchange Commission on Tuesday, Twitter’s board [...]
Renewed concern over Monkeypox as UK cases surge by 220 since Friday to 793 June 21, 2022 The number of Monkeypox cases in the UK is approaching 800, with a huge spike in recent days forcing health authorities to change their reporting methods. Between 6 May to 20 June of this year, there were 793 cases detected across the UK, with 766 in England. The new figure represents a major increase, up [...]
UK locks down amid largest rail strike in 30 years – Millions face disruption – Retail footfall slumps June 21, 2022 Train and London tube passengers continue to face travel chaos due to the biggest strike by rail workers for a generation. Brits are urged to work and stay at home today, as road congestion is widely expected. Bolt crashed earlier this morning following a surge in both demand and prices, while the National Rail Enquiries [...]
UK firms risk hamstringing FCA with information overload, former top official warns June 21, 2022 UK firms risk hampering decision making at the City’s top regulator by overloading it with unnecessary information, a former top Financial Conduct Authority official has warned.
Musk, Tesla, SpaceX sued for alleged Dogecoin pyramid scheme… it’s all so depressingly predictable: June 21, 2022 Crypto AM columnist Nigel Green is disappointed at the predictability of Elon Musk being sued over his 'Dogecoin mischief'.
1 Minute Market Rundown – 21st June 2022 June 21, 2022 US Bank Holiday Quietens the MarketCrypto and Risk Markets Hold InCommodity Prices Begin to Rollover It took it being a US bank holiday but we finally had a quiet day, hallelujah! Equity futures, which were open, pointed higher and as such we saw a pause in the risk sell off. The USD continued to give [...]
Hundreds of websites down over Cloudflare issues June 21, 2022 It's not just the trains that were out of action today, but also the internet.
Three companies that could avoid inflationary pressures June 21, 2022 Fears of inflation and rising interest rates have hit the global stocks market this week. We look at three companies that could weather the storm. 1. Compass Group’s Compass Group revealed an impressive comeback from the Covid pandemic at its recent results and a share buyback programme. The catering firm plans to return £500 million to shareholders through [...]
EY partners could get $8m in shares each following Big Four firm’s split June 21, 2022 Partners at EY could be in line to receive windfalls worth $8m (£6.5m) each, if the accountancy firm pushes forwards with plans to split out its audit and advisory operations into two separate firms. Thousands of the Big Four firm’s partners could receive millions in windfall payments each, as part of EY’s plans to break [...]
‘You’re my hero’: Watch the moment Hollywood star Ben Stiller meets Ukraine’s president Zelensky June 21, 2022 Hollywood actor Ben Stiller praised Ukraine’s president Vlodymyr Zelensky as his “hero” during a meeting in Kyiv as part of his United Nations duties. The entertainer was in Ukraine n his role as United Nations High Commissioner for Refugees Goodwill Ambassador (UNHCR). During the encounter, for World Refugee Day, the two embraced and Stiller said [...]