American Dream: FanDuel’s US dominance saves Flutter from revenue dips in UK and beyond May 4, 2022 Betfair owner Flutter posted revenue growth of six per cent across the group driven by continued strong recreational player momentum with average monthly players up 15 per cent to 8.9m.
MicroStrategy widens losses after $170m Bitcoin impairment charge May 4, 2022 Microstrategy deepened losses in the first quarter after facing a $170.1m impairment charge linked to its Bitcoin holdings.
Diego Maradona’s ‘Hand of God’ shirt auctioned for record £7.14m May 4, 2022 Maradona’s iconic 1986 World Cup ‘Hand of God’ shirt fetched £7.14m at auction this afternoon- marking a new auction record for any item of sports memorabilia. The shirt itself football history during the Argentina v England quarter finals of the FIFA World Cup after the footballer scored two of the most notorious goals in footie history. [...]
London has world’s highest number of crypto businesses, and is in top 10 for job opportunities May 4, 2022 LONDON has been hailed as one of the world’s top cities for cryptocurrency jobs - and the world's leader for crypto and blockchain businesses.
Retail investors back passive funds to ride out market turbulence May 4, 2022 Retail investors piled into passive funds last month as they sought safety in blue chip stalwarts amid market turbulence, fresh data has revealed.
OPEC+ forecasts oil surplus as high prices and lockdowns bite into demand expectations May 4, 2022 OPEC+ anticipates oil supply to exceed demand later this year by nearly two million barrels per day amid reduced growth expectations.
Government bans services exports to Russia – but UK lawyers excluded May 4, 2022 Ministers have announced a ban on services exports to Russia, including management consulting, accounting and public relations but excluding legal professions. In the latest tranche of sanctions from foreign secretary Liz Truss, Russian businesses will no longer be able to do businesses with UK professional services firms. Many businesses have already cut connections with the [...]
Campaign groups call for ‘golden visa’ transparency as data reveals potential abuse of scheme May 4, 2022 Campaign groups have ramped up calls for greater transparency into the use of the UK’s now shuttered ‘golden visa’ scheme after fresh data revealed that almost 50 were offered to foreign nationals under 21.
Furious row erupts between Sadiq Khan and Grant Shapps over Crossrail announcement May 4, 2022 A furious row has broken out between the Mayor of London and the transport secretary over today’s announcement that Crossrail will open on 24 May. Grant Shapps MP referred Sadiq Khan to the Electoral Commission accusing him of “breathtaking political cynicism”, according to the Telegraph. This comes after it was announced this morning the Elizabeth [...]
Covid-19 sales dominate Moderna’s $6bn revenue amid profiteering concerns May 4, 2022 Covid-19 vaccine sales have dominated Moderna’s more than $6bn (£5.7bn) revenue, as calls against pandemic profiteering escalate. Revenue hit $6.1bn (£7.6bn) for the first quarter of 2022, compared with $1.9bn (£1.5bn) for the same period in 2021 – carried heavily by the pharmaceutical firm’s coronavirus vaccine, which was responsible for an eyewatering $5.9bn (£4.7bn) in [...]
