Astrazeneca boss backs embattled GSK chief Walmsley August 6, 2021 The boss of drugs giant Astrazeneca has given his backing to Emma Walmsley, the chief executive of rival Glaxosmithkline (GSK), as she comes under pressure from investment firms. Walmsley is in the process of transforming the FTSE 100 firm by spinning off its consumer healthcare division into a separate firm. Her leadership has come under [...]
Hotels face ‘nightmare’ cancellation rates as holidaymakers rush abroad August 6, 2021 Hotels are being hit hard by cancellations across the country with London especially hard-hit after a lack of overseas tourists this summer. Some hotels are experiencing cancellation rates of 50 per cent or more as international travel rules relax, according to booking engine provider Avvio. “Guests are cancelling their bookings at the last minute and [...]
The Last Letter From Your Lover review is a waste of talent August 6, 2021 Two blockbuster heroes share top billing as Shailene Woodley (Divergent) and Felicity Jones (Star Wars: Rogue One) play two women in different times in literary adaptation The Last Letter From Your Lover. Jones plays Ellie, a journalist recovering from a break-up who views love with a degree of scepticism. This is shaken when she discovers [...]
US stocks reach record highs as jobs market recovery gathers pace August 6, 2021 Wall Street opened higher on Friday to reach record highs after fresh data showed the US labour market is recovering from Covid at a faster pace than first thought. The S&P 500 and Dow Jones both hit record highs in morning trading on Friday. The former rose 0.08 per cent and the latter was up [...]
Wizz Air chief Váradi signs on for five more years after £100m bonus plan approved August 6, 2021 Wizz Air chief executive Joszef Váradi has today signed a new five-year contract with the Hungarian airline, a week after his whopping new bonus plan was approved by shareholders. With the exception of the bonus plan, which could see him take home a maximum of £100m, the other terms of Váradi’s deal remain the same. [...]
Businesses seek cover amid wave of discrimination lawsuits August 6, 2021 UK and US insurers are being flooded with requests for cover from businesses amid rising numbers of covid related discrimination lawsuits, it has been reported. According to Reuters, there have been 2,950 Covid-19 related employment lawsuits in the United States since the start of the pandemic, with health and safety, remote working and workplace discrimination [...]
Aussie rugby sevens team to undergo alcohol counselling after Tokyo bender August 6, 2021 Australia’s Olympic rugby sevens team will have to undergo alcohol counselling after a string of booze-fuelled incidents in Tokyo. After several days of partying, things came to a head on the team’s flight back from Japan, for which the squad received an official complaint from Japan Airlines. According to reports, the team spent the 10 [...]
Festival insurance scheme ‘too little, too late’ for organisers of summer events August 6, 2021 Festival organisers have lamented after the government’s announcement of an insurance scheme comes “too little, too late” against a summer of cancelled events. The Treasury said costs associated with the cancellation of festivals, conferences and other live events due to Covid restrictions will be covered almost entirely by the government under a new £750m scheme. [...]
Tullett says GFI deal due within six weeks August 6, 2021 Tullet Prebon, the interdealer broker, yesterday said that it expects a planned merger with US rival GFI to be completed within six weeks, as it reported a 41 per cent growth in interim net profits, helped by volatile markets. Terry Smith, Tullett’s chief executive, said the company was focusing on the merger – which could [...]
Zola review – Twitter thread movie adaptation is full of suspense August 6, 2021 ‘Based on a true story’ is a common concept for movies, but how about ‘based on a Twitter thread’? In 2015, A’Ziah “Zola” King tweeted “Y’all wanna hear a story about why me & this bitch here fell out???????? It’s kind of long but full of suspense.” The subsequent thread become a viral sensation, described [...]
