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 [...]
Credit Suisse appoints new chief risk officer after Greensill and Archegos scandals July 27, 2021 Credit Suisse Group has appointed Goldman Sachs banker David Wildermuth as the new chief risk officer, following recent multibillion-dollar scandals. Wildermuth will replace Lara Warner, who was pushed out in April down as chief risk and compliance officer in the wake of the implosion of the Archegos family investment firm that cost the Swiss bank [...]
Indian social media ShareChat teeters on $3bn valuation after funding rally July 27, 2021 Indian social media platform ShareChat is teetering on a valuation of $3bn after its latest funding round pulled in $145m. It comes not even three months after the Bangalore-based startup bagged $502m in backing, which hoisted its valuation to $2.1bn. With a climbing value, ShareChat has managed to secure a cool $911m in funding over [...]
UK retail industry kicks reliance on alcohol and tobacco sales July 27, 2021 Britain’s retail industry has kicked the habit of relying on alcohol and tobacco sales to generate income, according to a new study published today. The Office for National Statistics estimates that the volume of alcohol and tobacco sales has plummeted 76 per cent over the last three decades. Read more: Euro 2020 pushes retail sales [...]
UK workforce burned out as pandemic impact bites July 27, 2021 A recent survey by Tide has found that almost 40 per cent of the workforce in the UK say they have experienced burnout at work in the past 12 months. The impact of the pandemic, working from home and the stresses and strains of an unstable economy are thought to be large contributing factors. It [...]
