Johnson announces £300m military top-up for Ukraine, including radars, heavy-lifting drones and night vision equipment May 3, 2022 Boris Johnson has announced a new £300m military package for Ukraine, including radars to pinpoint artillery and heavy-lift drones to supply Kyiv’s army on the front line. The prime minister made the announcement during a speech to Ukraine’s parliament, the Verkhovna Rada, which is the first time a world leader has addressed it since the [...]
Decade-high BP profit take boosts London’s FTSE 100 May 3, 2022 The best underlying profit take from one of the UK’s biggest oil giants in a decade sent London’s top index higher today. The capital’s FTSE 100 index climbed 0.22 per cent to close at 7,561.33 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped [...]
Putin ramps up pressure on West with plans to terminate exports May 3, 2022 Russian President Vladimir Putin has signalled he could terminate exports of products and raw materials, in response to Western sanctions.
Ocean Outdoor bags £463m buyout deal as advertising booms May 3, 2022 Ad giant Ocean Outdoor said that its largest shareholder Atairos would buy the remaining shares in a deal valuing the company at $580m.
BrewDog co-founder James Watt gives £100m shares to staff May 3, 2022 BrewDog boss James Watt has revealed plans to give away some £100m of shares, as the drinks firm attempts to move on from accusations of being a toxic workplace. More than 3.7m shares will be moved to an employee benefit trust while hundreds of workers will be given a stake in the Scottish brewer. Salaried [...]
The City View: Michael Hewson on why calls for a windfall tax are misplaced May 3, 2022 Today Andy Silvester talks to Michael Hewson, Chief Market Analyst at CMC Markets. They pick apart the arguments for a windfall tax on BP, discuss potential rate rises from the Fed and Bank of England, and go through the impact that China’s zero-Covid policy has had on manufacturing in the country. And in other news [...]
Caspar Fownes has a Rock-solid chance on Sha Tin’s dirt May 3, 2022 TRAINER Caspar Fownes is a past master of finding long-term targets for some of his gallopers – Senor Toba winning the Group Three Queen Mother Memorial Cup at Sha Tin on Sunday, springs to mind – and he looks to have found a suitable opportunity for THE ROCK in today’s feature race, the Yuen Long Handicap (3.50pm) [...]
Lor’s Legend set to make punters Happy May 3, 2022 FRANKIE Lor can extend his lead in the Trainers’ Championship race when Sha Tin hosts a nine-race programme – eight on the all-weather and one on turf – in Hong Kong today. A treble at Sha Tin on Sunday saw Lor put daylight between himself and 11-time Champion Trainer John Size, and he has bright [...]
Gold prices hit by resurgent dollar and upcoming interest rate hike May 3, 2022 Gold prices showed some signs of recovery this afternoon after tumbling to a two-and-a-half month low earlier in the day.
Solving the metaverse’s key challenges by working together with influencers May 3, 2022 Fuad Fatullaev, founder and CEO of WeWay explains the entertainment ecosystem and NFT marketplace for creators, celebrities and their fans.
