Mayfair casino found guilty of discrimination by accommodating racist requests November 2, 2021 An employment tribunal has found that exclusive London casino, Crown Aspinalls, racially discriminated against one of its dealers by allowing a request by a patron not to have black dealers at their table.
Fridays owner Hostmore admitted to London Stock Exchange November 2, 2021 Hostmore – the new parent company of restaurant chain Fridays – has started trading on the London Stock Exchange. The group – which oversees 63rd+1st as well as Fridays – announced a demerger had been completed, separating it from Electra Private Equity. Shares were admitted to the London Stock Exchange on Tuesday morning with 126,127,279 [...]
Investors warn Big Four of AGM rebellions over climate accounting November 2, 2021 An investor group managing around $4.5tn worth of assets have issued a warning to the top four auditing giants to start including climate risk into their audits, or risk rebellions at AGMs, according to reports. In a letter seen by Reuters, which first reported the news, the investors told the Big Four auditors that unless [...]
Bitcoin price steady at $63k as Polkadot steals march November 2, 2021 The price of Bitcoin continues to hover around the $63k mark today, up almost $1,000 from 24 hours earlier.
Yahoo exits China due to challenging business environment November 2, 2021 Yahoo said it had stopped allowing its services to be accessible from mainland China as of 1st November "in recognition of the increasingly challenging business and legal environment."
Tesla recalls almost 12,000 vehicles due to software error November 2, 2021 Tesla has recalled 11,704 vehicles sold since 2017 in the US because of a software error that could lead to collision, Reuters reported. The company’s recall included models S, X, 3 and Y and was caused by a software update that took place on 23 October on vehicles in the limited early access Full-Serving Driving [...]
French Connection £29m takeover approved by shareholders November 2, 2021 Fashion firm French Connection’s shareholders have put their support behind a £29m takeover. Buyer Apinder Singh Ghura – who has experience in the clothing sector as well as property and care homes – joined forces with partner Amarjit Singh Grewal, and KJR Brothers, headed by textile businessman Rafiq Patel. The move means the retailer is [...]
THG shares hit record rock bottom after Blackrock sheds half its stake November 2, 2021 Shares in THG have plunged to an all-time low this morning on the news that its largest institutional shareholder Blackrock sold half of its stake in the ecommerce group after a tumultuous month. Blackrock has sold 58m shares in THG at a price of 195p each, valuing the deal at £113.1m, according to its bookrunner [...]
Met Police officers plead guilty to sharing victims’ bodies on WhatsApp group November 2, 2021 Two Metropolitan police officers have pleaded guilty after taking photographs at a crime scene, where two women lay murdered, before sharing the images on a WhatsApp group.
Chief of Ofcom predicts resistance from tech giants November 2, 2021 Facebook, Google and Twitter will build teams of lawyers to resist regulation when online harms legislation is introduced, the head of Ofcom has warned.
