Vaccine competition: Sanofi shelves mRNA-based Covid jab work September 28, 2021 French pharmaceutical giant Sanofi has shelved plans for its own mRNA-based Covid-19 jab due to the vaccine-success and dominance of rivals Pfizer and Moderna. Instead, Sanofi is set to focus on a different coronavirus vaccine making approach with its British partner GlaxoSmithKline (GSK). It signals the growing weight of the companies, namely BioNTech-Pfizer, Moderna and [...]
Joe Rogan labels NFTs a ‘cryptocurrency hustle’ September 28, 2021 US sports commentator and social media personality Joe Rogan called NFTs a “cryptocurrency hustle” in recent comments on his podcast. When asked whether he would buy an NFT by guest Patrick Bet-David, an entrepreneur, Rogan said he was “not interested.” He continued by saying, “It’s a weird hustle, I think it’s like a crypto currency [...]
Low-paid workers could be priced out of tourist hotspots September 28, 2021 Some workers could be priced out of their tourist communities as house prices and rents soar in seaside locations. There have been concerns an exodus of workers from costly coastal and rural areas could exacerbate shortages in tourism and hospitality sectors. House prices rose at three times the national rate in some rural and coastal [...]
Beijing orders state-owned companies to hoover up Evergrande assets to avoid social unrest September 28, 2021 Beijing has ordered state-owned companies to buy heavily indebted Chinese property developer Evergrande’s assets. The asset purchases are intended to dampen the impact of a messy Evergrande collapse sparking mass social unrest, according to reports in Reuters. Evergrande is estimated to have $305bn of liabilities on its books, caused by it borrowing heavily to fuel [...]
Bonus and pay cap drives Bank of Ireland executive to pastures new September 28, 2021 Restrictions on executives’ pay has driven a top dog at one of Europe’s largest retail banks to quit his job. Myles O’Grady has left his role as chief financial officer at the Bank of Ireland, citing limits on bankers’ pay and bonuses as the main reason for leaving. O’Grady quit to capitalise on a better-paid [...]
Joe Rogan labels NFTs a ‘crypto currency hustle’ – CityAM : CityAM September 28, 2021 US sports commentator and social media personality Joe Rogan called NFTs a “crypto currency hustle” in recent comments on his podcast. When asked whether he would buy an NFT by guest Patrick Bet-David, an entrepreneur, Rogan said he was “not interested.” He continued by saying, “It’s a weird hustle, I think it’s like a crypto [...]
Europe becomes the world’s largest crypto market as UK adoption surges September 28, 2021 EUROPE has been crowned the world’s largest crypto market with investment in decentralised finance (DeFi) driving a surge in transaction volumes. European countries received more than $1tn (£734.4bn) worth of cryptocurrency in the space of a year, which represents 25 per cent of global activity, according to a new study by Chainalysis. The UK was [...]
Liz Hurley to open Estée Lauder-funded cancer support centre in Kings Cross September 28, 2021 Celebrity Elizabeth Hurley will open a new cancer support centre funded by Estée Lauder Companies in central London tomorrow. The centre, called the Future Dreams House, will provide a “beautiful and relaxing” space London where people affected by breast cancer can get physical and emotional support and advice, according to a statement by Future Dreams, [...]
Two US Fed chiefs quit as controversy over stock trades ramps up September 28, 2021 Two of the US central bank’s regional chiefs have stepped down as the fallout from controversial stock trades they made accelerates. Dallas Federal Reserve President Robert Kaplan became the second regional central bank leader to resign on Monday, after Boston Fed President Eric Rosengren took an early retirement. Controversy has swirled over both men due [...]
Bitcoin and Ethereum head into decline as investors look to play safe after China ban September 28, 2021 Bitcoin is currently changing hands for around $42k, down from just below $44k yesterday. Ethereum has also fallen to below $2,900 again.
