Touchstone Exploration’s shares soar after new light oil discovery November 8, 2021 Touchstone Exploration has discovered light oil through the first of three planned production tests at its Royston-1 exploration well in Trinidad. It is the fourth successful well in the company’s Ortoire Block, following discoveries of hydrocarbons at COHO, Cascadura and Cascadura-Deep. The company’s shares rose by 25.5 per cent today, trading at a peak of [...]
Investors shake off latest outburst from embattled THG boss November 8, 2021 THG shares enjoyed a brief moment in the sun on Monday morning before slumping once again, at the market’s first trading opportunity since CEO Matthew Moulding spilled the beans on Friday about his regrets for the group’s IPO. Topping off what has been a tumultuous few weeks for the ecommerce group, Moulding revealed that he [...]
Amy Winehouse’s possessions raise millions at auction November 8, 2021 A dress worn by Amy Winehouse during her final stage performance has raised over £243k (£179k) at auction smashing estimates it would sell for £20k. A red heart shaped Moschino bag worn by the iconic singer at the 2007 Brit awards also broke the $200k barrier and several dresses sold for more than $50k. The [...]
SoftBank caves in to investor pressure and launches $9bn share buyback November 8, 2021 SoftBank founder Masayoshi Son has pledged as much as ¥1tn ($8.8bn) through a new share buyback programme over the next 12 months, in a bid to get investors back on side after the group’s Vision Fund unit plummeted to a record quarterly loss. Pressure had been mounting among SoftBank’s largest shareholders – including activist hedge [...]
Rolls-Royce to unveil funding for smaller UK nuclear reactors November 8, 2021 Rolls-Royce will announce it has successfully raised the required funds to start building its smaller scale nuclear reaction project in the UK. The aerospace company is leading a consortium of investors for a new smaller nuclear reactor project, based on technology used in nuclear submarines. The plan is to initially build four small modular reactors [...]
Rising costs of lithium batteries to cause a hike in EV prices November 8, 2021 The rising cost of lithium batteries could lead to a surge in the price of electric cars, the Telegraph reported. According to price reporting agency Benchmark Mineral Intelligence, lithium ion battery makers have contacted customers to renegotiate contracts, placing the responsibility on the rise in cathode and anode raw material prices as well as rising [...]
Lansdowne House is an £8m Holland Park gem November 8, 2021 Fifteen million doesn’t go far in parts of Kensington, where average house prices on Britain’s most expensive street hit £30m. But you only need to head slightly west to Holland Park to get more for your millions. Lansdowne House is a vast, light-filled four-bedroom apartment is over the ground and lower ground floors but has [...]
International trade should be a friend -not a foe- to the UK’s green ambitions November 8, 2021 Considered by many as the enemy of environmental action, international trade is often vilified as the polar opposite of buying local and reducing one’s carbon footprint. Yet, although the movement of goods and services around the globe can be a significant contributor to environmental degradation, it also holds the key to its protection. As the [...]
VCs invest record $6.5 billion in crypto as demand keeps growing November 8, 2021 Data from CryptoCompare shows that the price of Bitcoin started last week at around $62,000 and slowly dropped to retest the $60,000 mark, from which it bounced off to now trade at $66,000
Why prime property buyers need an agent November 8, 2021 A search for a prime property can involve speaking to 20 or 30 different selling agents. The market is being disrupted all the time, with new agents and brokers splintering off from other firms and setting up on their own. Brokerage numbers are increasing all the time and it is harder than ever to stay [...]
