Report: Festivals risk losing another summer unless government support kicks in May 29, 2021 Music festivals are looking at another ‘lost summer’, a report has said today, due to the lack of government plans to back insurance for events at risk of cancellation due to Covid-19. The report, by the Department for Digital, Culture, Media and Sport (DCMS) committee, calls on ministers to offer a safety net for live [...]
5 humanoid robots who are worth getting to know May 28, 2021 Many predictions were made decades ago about an era when robots and humans would co-exist. Today thanks to major advancements in Robotics and AI, robots come in many different shapes and sizes. But the most intriguing ones are those which resemble humans. These humanoid robots have been growing in popularity in recent years. Humanoid robots [...]
Digital health firm Babylon close to agreeing $3.5bn SPAC deal May 28, 2021 British health startup Babylon is close to confirming a deal to go public in a merger with blank-check company Alkuri Global Acquisition Corp. Babylon is in advanced talks with Alkuri and a deal could be announced next week, confidential sources familiar with the matter told Bloomberg. The deal, which could value the web doctor at [...]
Investors unshaken by inflation surge as Wall Street opens higher May 28, 2021 Wall Street’s main indexes opened higher today as investors shrugged off data showing a rise in inflation. Consumer prices rose 0.7 per cent in April after a 0.4 per cent increase in March, exceeding economists’ predictions of a 0.6 per cent gain. The Dow Jones Industrial Average rose 0.3 per cent, while the Nasdaq Composite [...]
England’s R rate climbs above 1 with London and the North West showing highest rates May 28, 2021 England’s R rate is now estimated to be between 1 and 1.1, meaning the virus is steadily growing, with some parts of the country worse affected than others. The epidemic could be growing as much as 3 per cent per day, according to the latest government figures. London and the North West have the highest [...]
Hungary PM seeks UK allyship post-Brexit ahead of Downing Street meeting May 28, 2021 Hungary has been missing the UK post-Brexit, as the country’s Prime Minister said this morning it ‘suffers’ from Britain’s absence and wants to build new bilateral ties. “We agreed on many things, which created a sort of balance in the EU,” prime minister Viktor Orban said ahead of his meeting with Boris Johnson later today.. [...]
Cory wins £12.1m funding to supply thousands of London homes with low-carbon heat May 28, 2021 London-based environmental group Cory has been awarded £12.1m through the government’s £320m Heat Networks Investment Project (HNIP). The fund, which is split into a £1.6m commercialisation grant and a £10.5m construction loan, will provide low-carbon warmth to 21,000 London homes. Cory’s existing Riverside energy from waste (EfW) facility will provide heat for up to 10,500 [...]
The crypto market suffers another correction as the weekend looms, so will Elon tweet again? May 28, 2021 Crypto at a Glance Greetings from Dubai and today, once again, Luno Advisor Mati Greenspan, has kindly provided the market commentary together with his Technical Analyst, Imran Yusof, from Quantum Economics BTCUSD will trade the range between $27,900 – $42,000 until the range breaks, whenever that is. Or rather, whenever Elon Musk tweets or China [...]
Sterling on track for fourth week of gains despite dip against US dollar May 28, 2021 Sterling on track for fourth week of gains despite dip against US dollar
