News platform Novara booted off Youtube October 26, 2021 Novara Media's Youtube channel has been deleted without warning or explanation, the media channel tweeted this morning.
Facebook to spend at least $10bn on metaverse division October 26, 2021 Facebook has announced plans to spend big on its metaverse division which it will separate out from the wider company. In its third quarter earnings announcement the tech giant revealed it is bullish about the metaverse, an online space where people can interact, explore and make purchases as digital avatars, calling it “the next generation [...]
Rishi Sunak spikes fuel hike plans October 26, 2021 Chancellor Rishi Sunak will scrap plans to hike fuel duty in the upcoming Budget, according to the Sun. The levy was due to go up next year from 57.95p per litre to 60.79p. The duty will be frozen for the second time this year. The decision follows petrol prices rocketing to record levels across the [...]
Darktrace stock continues to fall after analyst comments October 26, 2021 Darktrace may be the darling of the UK tech scene, but their shares are continuing to plummet, 2.33% lower today at 732.5p.
UK Space Agency renews efforts to tackle ‘neglected’ space debris October 26, 2021 The UK Space Agency has renewed its efforts to tackle the “neglected” issue of space debris, amid concerns it could damage satellites and impact SatNav use. Space debris and orbital congestion is one of the largest issues in the global space sector, as it could cost launching companies millions in damaged satellites. With seven space [...]
UBS smashes expectations with best profits for six years October 26, 2021 Swiss investment banking giant UBS registered its best quarterly profit for six years driven by a sharp uptick in trading activity by the world’s ultra wealthy. Net profits came in at $2.3bn in the three months to the end of September, well ahead of analysts’ expectations of $1.5bn. More to follow.
Passive funds and ‘Do no harm’ are not synonymous October 26, 2021 Some very black-and-white and reductive opinions about the prudence of active management have been making the rounds in the investment world of late. For example, in Defined Contribution Plans: Challenges and Opportunities for Plan Sponsors, from the CFA Institute Research Foundation, Jeffery Bailey, CFA, and Kurt Winkelmann state that an investment committee’s first responsibility is to “do [...]
Indonesia a ‘crypto hotspot’ as engagement grows 1772 per cent October 26, 2021 Indonesia has seen surging interest in digital assets this year and ranks as the world’s top “crypto hotspot” according to research by Coinformant. In Indonesia online engagement has grown by 1,772 per cent this year as more people than ever before read articles and searched for information about digital assets. Annual search volume jumped by [...]
France threatens to block ports and slow-down customs checks as fishing row reaches boiling point October 26, 2021 British officials fear France will escalate the post-Brexit dispute over fishing rights, according to the Telegraph. Jean Castex, France’s prime minister, will unveil a series of retaliatory measures if French fishermen are not provided greater access to the UK’s coastal waters. This could include cutting energy supplies to the UK and Jersey and blocking Britain’s [...]
Tory MP Owen Paterson faces suspension over ‘egregious’ breach of lobbying rules October 26, 2021 Tory MP Owen Paterson is facing a 30-day suspension from the House of Commons, after an “egregious” breach of parliament’s lobbying rules. Parliamentary commissioner for standards Kathryn Stone ruled today that the North Shropshire MP broke lobbying rules during his work for clinical diagnostics firm Randox, where he had been hired since 2015. He had [...]
