‘Candy Crush’ maker fighting allegations of a culture of gender discrimination and sexual harassment July 27, 2021 The makers of Candy Crush and Call of Duty, Activision Blizzard, is fighting a lawsuit that alleges it oversaw a culture of sexual harassment, gender discrimination and retaliation for reporting abuse. It follows years of allegations levelled at the lucrative gaming industry that it is rife with gender inequality and misogyny. Activision Blizzard, the most [...]
Mitie doubles first quarter revenue on back of Interserve acquisition July 27, 2021 Outsourcer Mitie today said that it had doubled its first quarter revenue as the firm’s acquisition of rival Interserve’s facilities management business paid instant dividends. The FTSE 250 firm said that revenue rose to £930m in the first quarter, up 104 per cent on the £455m that it booked in the same period last year. [...]
Meet Shein: The secretive Chinese fast-fashion firm taking over online retail July 27, 2021 Taking the Tube at the minute can still, at times, feel like time travel. Around you are slightly tattered posters for theatre productions that haven’t been on stage for more than a year; ads for movies touted for cinema release that ended up quietly released to Netflix with little fanfare. Amongst these relics of a [...]
City watchdog slashes fundraising threshold to attract SPACs July 27, 2021 Britain’s City watchdog has slashed the minimum amount a SPAC needs to raise to list on UK markets in half, it announced today. The Financial Conduct Authority said on Tuesday SPACs – or special purpose acquisition companies – would need to raise £100m from a float, instead of the £200m initially proposed. Read more:UK listings [...]
Labour’s Rachel Reeves vows to restore trading ties with EU if elected July 27, 2021 Shadow chancellor Rachel Reeves has vowed to renew and enhance the UK-EU trading partnership if Labour is elected at the next General Election. Reeves said Boris Johnson had a “blind spot” while dealing with Brussels post-Brexit and that “gaps have not been filled” in the UK-EU trade deal in the past seven months. British exports [...]
Tesla shifts gear with $11.9bn revenue despite Bitcoin investment losses July 27, 2021 Elon Musk’s electric carmaker Tesla has edged past analyst forecasts with an $11.9bn revenue in its second-quarter trading, up 98 per cent year on year. Tesla also pulled in $1.1bn in net profits in the 12 weeks to 26 July, the first time it has topped $1bn in a single quarter. While the revenues are [...]
`Your network is your net worth´: seven tips to propel your career July 27, 2021 My thought leadership speaking tours to the Middle East and Europe were postponed. To convince the organizers to host their events online, I went on a shopping spree and bought all kinds of audio and video equipment just before the first lockdown in Singapore. It wasn’t just me. Everyone, from students to senior professionals, needed [...]
Everyone’s an expert as long as they are anonymous July 27, 2021 Bitcoin topped out at just over $40,000 yesterday evening, before a sharp retrace brought it back down to around $37,300 this morning.
RMT confirms Tube strike for August July 27, 2021 The RMT union has confirmed for four days of strikes on the Tube in August in protest over plans to abolish the Night Tube train drivers’ grade. Having first called the strike earlier this month, it confirmed it would go ahead after failing to make any progress in talks with the London Underground company. The [...]
Warren Gatland makes three changes as Lions go on the hunt for series win July 27, 2021 Head coach Warren Gatland has made three changes for the second Lions Test against South Africa in Cape Town on Saturday. Prop Mako Vunipola replaces Rory Sutherland, with scrum-half Conor Murray in for Ali Price and centre Chris Harris starting in place of Elliot Daly. Number eight Taulupe Faletau is on the bench after missing [...]