Going once, going twice: LiveAuctioneers sold to London’s ATG for $500m October 1, 2021 London-based Auction Technology Group (ATG) has snapped up the holding company of online auction business LiveAuctioneers for a dear $500m. The acquisition, for Platinum Parent, involves both cash and the issue of new shares after the Competition and Markets Authority (CMA) gave the deal the green light on Wednesday, The deal also features an earnout [...]
Government calls in soldiers to deliver to forecourts as fuel crisis continues October 1, 2021 The government has reportedly called in soldiers to help deliver fuel to forecourts, which will begin tomorrow, as ministers continue to grapple with the crisis that has left pumps dry. The move comes as the shortage, which has been said to be easing, was improving too slowly, the i first reported, citing senior government sources. [...]
London markets tumble after US stocks register worst month since March 2020 October 1, 2021 London’s FTSE 100 tumbled on the closing day of the week as investors sweated over the global economic recovery from the Covid-19 crisis stalling after Wall Street registered its worst month since March 2020. The capital’s premier index slid 0.94 per cent to 7,019.90 points. The spectre of rising costs eating into margins, rate hikes [...]
Eurozone inflation ratchets up to 13-year high October 1, 2021 Inflation in the Eurozone soared to a 13-year high last month, posing more headaches for the European Central Bank. Prices in the 19 countries sharing the euro rose to 3.4 per cent annually in September from 3 per cent a month earlier, the highest reading since September 2008. The inflation clip came in ahead of [...]
El Salvador begins mining Bitcoin using volcanic energy October 1, 2021 El Salvador has begun mining Bitcoin using power harnessed from a volcano, its president has revealed. President Nayib Bukele took to Twitter on Tuesday to share a teaser video showing Bitcoin mining equipment arriving at an energy factory in government-branded containers. Earlier today, Bukele confirmed that volcano-powered Bitcoin mining had kicked off with 0.00599179 BTC [...]
Fusion energy: UK looks to leverage and commercialise the low carbon power October 1, 2021 The government has set out plan of action to bring more fusion power and technology to the country today, which could help decarbonise the UK’s energy sector. The UK is looking to muscling in on a leadership position in the development of fusion energy globally, as the power does not have to rely on wind [...]
Be there in spirits: The Whisky Show 2021 – CityAM : CityAM October 1, 2021 Today is the first day of the Whisky Show, the Whisky Exchange’s annual celebration of all things whisky. After lockdown restrictions meant that last year’s event had to be held virtually, the show is making a welcome return to its Thames-side home at Old Billingsgate Market. Those attending will have the opportunity to sample more [...]
No Time To Die: Daniel Craig signs off in style October 1, 2021 Fifteen years after first donning the tuxedo, it’s time for Daniel Craig to take his final bow as James Bond. He arrives just as cinema is crying out for a hero: No Time To Die’s several delays (starting in March 2020) were a constant reminder of an industry still reeling from the last 18 months, [...]
China appoints Uyghur governor to Xinjiang amid abuse accusations October 1, 2021 A new governor has been appointed for Xinjiang, the region where China has been accused of violating the human rights of Uyghur and other Muslim minority groups. Erkin Tuniyaz, an ethnic Uyghur himself, climbed to notoriety earlier this year when he defended the country’s stance on Xinjiang. In a video address to the United Nations [...]
A house in St John’s Wood with a garden to die for October 1, 2021 ‘Our England is a garden that is full of stately views, / Of borders, beds and shrubberies and lawns and avenues’ – so begins Rudyard Kipling’s 1911 poem, The Glory of the Garden. Over a century later, England’s towns and cities are not quite so green, and houses with decent-sized gardens are harder to come [...]
