It’s time to have a conversation about disability in business August 4, 2021 Ronnie Jamieson CA discusses what it means to be “diffabled” in the corporate world and how he hopes to show people with disabilities that there is more help than they might expect. Ronnie Jamieson, a financial accountant at Martin Currie Investment Management, was born and raised in Falkirk to a stay-at-home mum and a schoolteacher [...]
PMI: Eurozone business activity soars to 15-year high August 4, 2021 The rapid rollout of Covid vaccines across Europe is fuelling consumer spending, helping to propel business activity in the Eurozone to a 15-year high, according to a closely watched survey released today. IHS Markit’s latest Eurozone purchasing managers’ composite output index rose to 60.2 in July, driven by an acceleration in manufacturing growth and strong [...]
Lyft announce first profit figure three months ahead of target August 4, 2021 Californian Uber-challenger Lyft saw shares rise six per cent on Tuesday after announcing the first time quarterly profit in the firm’s nine-year history. Three months ahead of target, the company said EBITDA profit hit $23.8m (£17.2m) in the most recent quarter as rider numbers rebound after the pandemic. Lyft has branched out in tandem with [...]
L&G and NatWest to build green retirement homes in £500m joint venture August 4, 2021 Legal & General and NatWest Pension Trustee Limited (NWPTL) have announced a 15-year joint venture to deliver 5,100 zero carbon retirement homes. The £500 million deal will support Inspired Villages, L&G’s later living business, to create a portfolio of specialist, later-living properties across 34 sites with an estimated Gross Development Value of £4bn. Robert Waugh, [...]
Tokyo 2020 Olympics: 13-year-old Sky Brown becomes Britain’s youngest medallist with skateboard bronze as Hannah Mills makes sailing history August 4, 2021 Teenage skateboarder Sky Brown became Britain’s youngest ever Olympic medallist today as Team GB claimed more sailing gold at Tokyo 2020. Brown produced a calm final run to win the bronze medal after falling twice on her first two runs. The 13-year-old surpassed Sarah Hardcastle, who won silver and bronze in the swimming at the [...]
Chinese state media softens tone on online gaming August 4, 2021 Chinese state media has softened its rhetoric on online gaming after a highly critical article sent the value of leading tech companies into a tailspin. A piece published by the Economic Information Daily on Tuesday likened online games to “spiritual opium” sparking fears of a regulatory crackdown. In response the value of Tencent Holdings Ltd., [...]
Embracing uncertainty is the only path out of the pandemic August 4, 2021 A few days ago, Sajid Javid made one of the most thoughtful and encouraging statements by a government minister during the whole Covid crisis. Early In July, he seemed to be falling under the control of the modellers. The number of daily infections, he stated confidently, would soon reach 100,000, bowing to the so-called experts. [...]
British beauty: THG bags makeup retailer Cult Beauty for £275m August 4, 2021 Digital brands group THG has bought British makeup retailer Cult Beauty for £275m, which has bolstered the group’s brand offering by a further 200. THG, which already owns Eyeko and Illamasqua, will also bag the online beauty retailer’s 1.7m customers and 1.6m Instagram followers – which prove to be quite the acquisition when dealing with [...]
Hitachi to buy Thales’ rail signalling division in £1.4bn deal August 4, 2021 Thales and Hitachi are entering exclusive negotiations on the sale of Thales’ railway signalling business valued at €1.66bn (£1.4bn). Thales is carving out its Ground Transportation Systems Global Business Unit (GTS), which the company says employs 9,000 people across the world. GTS’s rail technology also offers train control systems and face collection services. It benefits [...]
West Coast wildfires rage across record areas in the United States, but Silicon Valley thinks it has the answer August 4, 2021 Wildfire season in the United States has devastated swathes of the West Coast in a way not seen since the disastrous summer of 2017. The problem is getting worse across numerous states. This year, 37,803 fires have raged, burning more than 3.4 million acres, both significantly up on last year. As of August 1, there [...]
