Post-pandemic flexible working a must for burnt-out workers July 12, 2021 Over two thirds of workers want more flexible working post-pandemic, as just under half can’t switch off from work. A new study from Aviva shows that 44 per cent of workers feel they can’t switch off from work. As a result of always-on working, 40 per cent are now concerned about burn out. While both [...]
Google boss Sundar Pichai warns that internet freedom is at risk around the world July 12, 2021 Sundar Pichai claims that the free and open internet is under attack in countries around the world. The Google boss said that a lot of countries are restricting information and that the model is often being taken for granted. Pichai argued in a BBC interview that artificial intelligence is more profound than fire, electricity or [...]
Tech giants Foxconn, TSMC to buy 10m covid vaccines for Taiwan July 12, 2021 Two of the world’s largest tech firms Foxconn and TSMC inked an agreement worth £252m for buying 10m doses of Pfizer/BioNTech Covid-19 vaccine for Taiwan. The deal announced on Monday in a statement by BioNTech’s Chinese sales agent Shanghai Fosun Pharmaceutical Group. Under the agreement, Taiwanese firms Foxconn and Taiwan Semiconductor Manufacturing Co (TSMC) will [...]
Charles Stanley revenues on the rise at £46m July 12, 2021 Investment management firm Charles Stanley (CAY) saw revenue, total funds under management and administration grow in the first quarter. The wealth-management services group said total funds under management and administration increased by almost 6 per cent to £27bn as of June 30, from £25.6bn at March 31. Total revenue for the quarter was up by 8 [...]
SoftBank-backed Flipkart rallies $37bn valuation, just south of its target July 12, 2021 Indian e-commerce giant Flipkart, which is controlled by Walmart, has been valued at $37.6bn today, just shy of its target. The valuation comes ahead of an initial public offering (IPO), which it hopes will take place early next year. Flipkart rallied $3.6bn in the pre-IPO fundraiser, which spurred its valuation and was co-led by SoftBank Vision [...]
Woman found infected with two Covid variants at the same time July 12, 2021 A 90-year-old woman from Belgium was found to have two variants of Covid-19 in her system simultaneously. After undergoing laboratory tests, the two variants detected were the Alpha and Beta types, first identified in the UK and South Africa. Dr. Anne Vankeerberghen, from the OLV hospital in Aalst, Belgium, said: “This is one of the [...]
FTSE 100 sees fall brought on by mining and energy stocks July 12, 2021 London’s FTSE 100 fell on Monday brought on by energy and mining stocks on lower commodity prices, however gains by British company Admiral helped cut some of the losses. The motor insurer jumped 3.49 per cent to the top of the FTSE 100 after it announced that it expected a first-half profit owing to fewer [...]
Apple’s two UK divisions pay just £9m in UK corporation tax as sales top £1.1bn July 12, 2021 Apple paid just £9m in tax in the UK last year even as the tech giant weathered the pandemic to pull in sales of more than £1.1bn. In recently filed accounts the iPhone maker’s two UK subsidiaries — Apple Retail UK and Apple UK — posted revenue of £1.1bn and £372m respectively in 2020. Pre-tax [...]
Lightning strike in Jaipur kills eleven while taking selfies July 12, 2021 A lightning strike took the lives of 11 people and injured many more in Jaipur, Northern India, on Sunday. The victims were taking selfies on top of a watchtower in the popular 12 Century Amer Fort. 27 people were initially on the tower when the lightning struck, with some jumping to the ground as a [...]
Trustpilot revenues up almost a third as business accelerates post-pandemic July 12, 2021 Trustpilot Group reports jump in revenue in the first half of the year, as the consumer review website continues to experience a “re-acceleration” following the pandemic-related impact in 2020. The consumer review website saw its bookings surge by 37 per cent in the first half of 2021. The business, with a market capitalisation of £1.3bn, [...]
