Chancellor on the brink? It’s not what you think January 26, 2022 Jason Meyers explores what January 3 2009 means to a decentralised world, and if there's a solution to keeping the Chancellor off the brink.
Sunak says he is not ‘ignoring’ the billions of pounds of Covid fraud January 26, 2022 Rishi Sunak has moved to assure people he is not “ignoring” or “writing off” billions of pounds stolen from the government’s Covid support schemes. The chancellor today said that “criminals sought to exploit our support schemes”, but that “we’re doing everything we can to get that money back”. Treasury minister lord Theodore Agnew resigned spectacularly [...]
AT&T revenues jump after surge in streaming sign ups January 26, 2022 US telecoms and media giant AT&T surged past analysts’ revenue estimates in the final three months of the year.
Industry experts call for consumers to adapt energy habits to mitigate rising prices January 26, 2022 The habits of energy consumers need to be adapted to minimise the pain from rising household prices this year.
JP Morgan attempts to block fossil fuel proposal from London activist investor January 26, 2022 Activist investor Tulipshare has filed a proposal with JP Morgan to halt its fossil fuel investments – which the Wall Street giant is looking to keep out of its next annual meeting. The London-based startup submitted the proposal in December on behalf of a millennial investor, however, JP Morgan has written to the US Securities [...]
Vroom vroom! Cazoo buys Italian online retailer in €80m deal January 26, 2022 Online car retailer Cazoo announced today it will acquire Italian rival Brumbrum in a €80m (£66.8m) deal. Cazoo will acquire Brumbrum in a mix of cash and Cazoo shares, with the transaction expected to be carried out in the next few days. By acquiring Brumbrum, the UK company will have access to the five most [...]
12 years later: EU court annuls Intel’s £886m antitrust fine January 26, 2022 Intel has won an appeal against a €1.06bn (£886m) EU antitrust fine that was handed to the company 12 years ago in a momentous win for tech firms.
Magic Circle law firm Freshfields offers staff $60k worth of egg freezing, IVF, and surrogacy services January 26, 2022 Magic Circle law firm Freshfields Bruckhaus Deringer has said it will give each of its employees up to $60,000 (£44,430) worth of fertility clinic services, to cover the costs of egg and sperm freezing, in-vitro fertilization (IVF), and surrogacy. In a statement, Freshfields said it had partnered with fertility clinic Carrot Fertility, which offers a [...]
Telecom Italia on track to back new chief’s draft plan amid KKR’s lingering £9bn bid January 26, 2022 Italy's biggest phone group Telecom Italia (TIM) is set to give preliminary backing to a draft overhaul plan by its new chief executive, against which a takeover approach by U.S. fund KKR will be assessed.
Robinhood outlines safeguards to prevent a ‘memestock’ repeat January 26, 2022 Retail trading app Robinhood has outlined a series of safeguards it has put in place to prevent a repeat of the “memestock” trading craze which crippled hedge funds and sent share prices soaring last year.
