I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Zara owner Inditex warns of challenges ahead after shutting Russian shops March 16, 2022 Zara owner Inditex has reported sales surpassing pre-Covid levels but warned of looming challenges after severing ties with Russia. The world’s largest fashion retailer said Russia was a major market, after it shut its 503 shops and suspended online sales in the country amid its war in Ukraine. Russia and Ukraine accounted for five per [...]
Eurostar prepares for busiest weekend as thousands flock to Paris for Six Nations’ final March 16, 2022 Eurostar is preparing for its busiest weekend this year, as thousands travel to Paris for the Six Nations’ final between France and England. Eurostar said it is expecting 20,000 people to take the train between London and Paris this weekend – a 12 per cent surge compared to normal times. The railway operator added an [...]
Bitcoin back above $40k as crypto correlation grows March 16, 2022 The crypto markets are looking a little perkier today, with the price of Bitcoin (BTC), the world's largest cryptocurrency by market capitalisation, briefly breaking above the $41,000 mark.
China to dial back crackdown on overseas listings as markets leap March 16, 2022 China is set to ease its crackdown on overseas listings following months of market volatility and work with the US to reach an agreement on audit requirements. The China Securities Regulatory Commission confirmed today that China will communicate with US regulators to usher in greater cooperation between the pair. The government will begin to “actively [...]
LME halts nickel trading again as system error disrupts reopening March 16, 2022 The London Metal Exchange suspended nickel trading again this morning due to a “system error”, less than two hours after reopening following a surge in prices last week that left short sellers facing record losses.
Ryanair in hot water over cost of Ukraine repatriation flights March 16, 2022 Ryanair found itself in hot water today after Larysa Gerasko, the Ukrainian ambassador to Ireland, lambasted the low-cost company for increasing flight prices out of Poland. A major refugee route, Poland in recent weeks has become a safe haven for Ukrainians fleeing the horrors of the war. “Ryanair raised the prices and it’s unfortunate, and [...]
The Gym Group revenue rockets a third as pandemic losses linger and shares fall March 16, 2022 The Gym Group’s revenue had rocketed a third in the past year, though it continues to swallow lingering pandemic-era losses. The low-cost gym chain enjoyed a revenue boost to £106m from £80.5m, after pandemic restrictions significantly dampened earnings. The company has since unveiled a plan to open 28 new gyms in 2022, with 20 leases [...]
UK competition watchdog raises concerns over £6bn Avast buyout by cybersecurity rival March 16, 2022 The UK’s competition watchdog has raised concerns over the £6bn buyout of Avast by fellow cybersecurity firm NortonLifeLock, after launching a probe into the deal in January. The Competition and Markets Authority (CMA) announced this morning that the deal, which was announced in August, between close competitors could harm competition in the market, as there [...]
Explainer-in-brief: A Net Zero torpedo in a fresh energy policy March 16, 2022 The government’s energy strategy has been postponed for another week. Boris Johnson has been forced to rethink his approach to net zero, as the urgency of moving away from Russian gas has changed cards on the table. Johnson will pay a visit to Saudi Arabia and the Gulf this week to try and convince regional [...]
Olivier Trombert named as CEO at Tyr Capital March 16, 2022 Cryptocurrency hedge fund Tyr Capital has appointed Olivier Trombert as its new Chief Executive Officer.
