Tokyo 2020 Olympics: Daley wins bronze to cement himself in British history as gold rush continues August 7, 2021 Tom Daley won bronze in the men’s 10m platform at Tokyo 2020 to become the first British diver to claim four Olympic medals. Read more: Tokyo 2020 Olympics: Women’s 4x100m relay team break British record as Asher-Smith returns to track Daley secured his second medal of the games after winning gold last week in the [...]
Johnson will not self-isolate despite staffer’s positive Covid test August 7, 2021 Boris Johnson will not self-isolate despite a member of his staff testing positive for Covid during a trip to Scotland, Downing Street said. According to No 10, the visit complied with Covid guidelines and the prime minister did not come into close contact with the positive case. Read more: Dominic Cummings claims Boris Johnson offered [...]
The Analyst: Is Netflix going to be able to swim up-stream? August 7, 2021 In the middle of another summer results season, the outlook for many media and tech companies – like many other sectors – is generally positive. But bucking that trend is behemoth Netflix, where net subscriber additions – the bread and butter of the business, after all – missed analyst expectations by around a quarter of [...]
Weekend Read: We may be about to find out what shape the recovery takes August 7, 2021 Since the first cases of Covid-19 began to disrupt the global economy, economists have not been shy of predictions. V-shaped, L-shaped, even hockey-stick recoveries have all been on the table. We may be about to find out who was right. While output growth and economic activity are still historically strong, in developed economies, those indicators [...]
Will the FCA’s reform agenda set off a SpAc revolution? August 7, 2021 With investors looking for quicker and more efficient routes to going public, special purpose acquisition companies (SpAcs) have quickly taken off, while requiring far less paperwork of a traditional initial public offering (IPO). They have been especially attractive to private companies that might not necessarily meet the eligibility requirements for a traditional IPO or corporate [...]
Nasdaq companies to strengthen board diversity under fresh regime August 7, 2021 Companies listed on the tech-heavy Nasdaq stock exchange will have to comply with fresh gender and diversity rules implemented by the US’ financial markets watchdog. The Securities and Exchange Commission agreed on Friday to introduce new measures that will force Nasdaq businesses to have at least two diverse directors. Read more: C-suite diversity credentials to [...]
Cairn Energy in line for $1bn refund as India scraps tax law August 6, 2021 Cairn Energy could be in line for a $1bn refund after the Indian government decided to scrap a controversial retrospective tax law. The FTSE 250 company has been engage in a long-running tax dispute with India over the issue. In recent months, the independent oil and gas firm has taken steps to seize some of [...]
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 [...]
