Gaucho chief calls Legal & General behaviour ‘unethical’ February 20, 2022 Gaucho chief has criticised Legal & General for being an “unethical” landlord following a recent clash over a rented commercial site in Liverpool.
Government opens consultation into Huawei switch-off following six month Covid delay February 20, 2022 The government have launched a consultation with telecoms firms on controlling the use of Huawei in the UK following the announcement this week that it had delayed the removal by six months due to Covid. Ministers had originally planned to cut the share of Huawei equipment to 35 per cent of the full fibre and [...]
Oil markets mixed ahead of US-Iran talks and escalating Russia-Ukraine crisis February 20, 2022 Oil prices could be difficult to predict this week, with investors set to weigh up talks between the US and Iran with growing tensions in Ukraine.
JP Morgan under fire for dubious $1.3bn Nigeria oil deal February 20, 2022 A bitter legal dispute between the Nigerian state and banking giant JP Morgan is due to be heard in the UK's High Court this week.
Avanti’s deadline closes in on £110m debt February 20, 2022 Satellite operator Avanti Communications is gearing up to repay its $150m (£110m) debt after the struggling broadband provider negotiated an extension. According to the Telegraph, the deadline for repayment is now February 28 after the British satellite communications firm raised millions of pounds in bonds to fund its satellite launches to reach the most remote [...]
Ethiopia starts producing electricity from Africa’s biggest hydropower plant February 20, 2022 Ethiopia has started producing electricity at its Grand Ethiopian Renaissance Dam, a massive hydropower plant on the River Nile.
Wind farms paid to halve electricity output to prevent energy grid being overwhelmed February 20, 2022 Wind farms have been paid to stop producing electricity, according to research published in The Sunday Telegraph.
Week ahead: City braces for more bumper banker bonuses February 20, 2022 Investors are preparing to comb through the details of British high lenders’ results this week for any clues that higher interest rates are goosing their bottom lines. UK banks’ earning season has been underlined by a jump in bonuses for top deal makers which are expected to continue this week. Barclays, the last remaining British [...]
Scandal-hit miner Rio Tinto to unveil historic dividend February 20, 2022 Rio Tinto will reportedly hand $16.5bn to shareholders, in one of the largest ever annual dividends in UK corporate history.
Schools sound alarm over ‘Tinder for teens’ app February 20, 2022 Schools and campaigners have warned against a new social media platform, Yubo, which an investigation has shown is exposing children to abuse. The “Tinder for teens” app allows children aged 13 to 17 to match with dates and join video calls of hundreds of people. A Sunday Times investigation found that there was no age [...]
