Peer-backed technology firm Sensyne Health plots FTSE departure as financial issues escalate January 23, 2022 Bosses at Sensyne Health (Sensyne) are now plotting the company’s departure from the London Stock Exchange, according to The Telegraph.
Law firms investigate Activision deal over claims board sold for cheap to avoid sexual harassment lawsuits January 23, 2022 Seven different law firms have launched investigations into Activision Blizzard’s decision to sell itself to Microsoft, over claims Activision’s board decided to sell up in a bid to get away from the sexual discrimination lawsuits facing company. In a statement announcing its investigation, San Diego law firm Johnson Fistel said: “It appears that the Activision [...]
Gray report to look at alleged lockdown parties in Johnson’s own Downing Street flat January 23, 2022 Sue Gray’s report into allegations of lockdown-busting parties in Downing Street will also look into claims that illegal events happened in Boris Johnson’s own flat in Number 11. The Gray report is expected to be released in the coming week, with The Sunday Times reporting that the senior civil servant is now investigating allegations that [...]
Activist investor Trian takes stake in Unilever as pressure builds on Alan Jope January 23, 2022 Activist hedge fund Trian Partners has reportedly taken a stake in Unilever as investors continue to pile pressure on beleaguered boss Alan Jope.
Timber titans: City of London bosses mull wooden skyscrapers in sustainability push January 23, 2022 City of London planning bosses are reportedly mulling wooden skyscrapers, as developers look to shrink their carbon footprint by moving away from steel and concrete. The so-called ‘plyscrapers’ are popular in Norway, Sweden, Singapore and Japan, and can reach several hundred feet high. The move could invite a host of new architecture to the Square [...]
US boosts supplies after OPEC+ producers struggle to raise outputs in line with targets January 23, 2022 Oil producers are failing to raise their outputs in line with agreed targets established by OPEC+ this year.
Turkish court jails journalist for citing proverb criticising President Erdogan January 23, 2022 Journalist Sedef Kabas has been jailed by a Turkish court, pending trial, on the charge of insulting President Tayyip Erdogan.
Greenberg Traurig opens Hamptons office in push for “work-near-home” January 23, 2022 Greenberg Traurig has become the first major law firm to open offices in the Hamptons, as it seeks to adapt to the “new normal” in a vote of confidence that the changes brought about by the pandemic “are here to stay”. The law firm’s decision to open offices in the wealthy seaside resort comes as [...]
Imminent US Fed rate hike cycle to jolt London markets this week January 23, 2022 Strong signals from the US Federal Reserve that a rate hike cycle is imminent at its latest meeting this week could jolt London’s financial markets. The Fed’s Federal Open Market Committee (FOMC), its group of rate setters, are expected on Wednesday to hint that a series rate rises will start in March. The world’s most [...]
Intel announces new chipmaking ‘mega-site’ in Ohio January 23, 2022 Intel has announced it will pump $20bn into building a new chip manufacturing site.
