Japanese PM Shinzo Abe resigns for health reasons August 28, 2020 Japanese Prime Minister Shinzo Abe has confirmed his resignation due to his deteriorating health, sparking a fall in Tokyo stock prices and a rise in the yen. “I cannot be prime minister if I cannot make the best decisions for the people. I have decided to step down from my post,” Abe told reporters. The 65-year-old [...]
New Zealand stock exchange targeted by hacker in fourth day of cyber attacks August 28, 2020 New Zealand’s stock exchange, the NZX, has resumed trading, after outages for four consecutive days in the wake of cyber attacks this week. It’s prompted the government to activate national security systems to support the bourse. The NZX halted trading for around three hours on Friday, after crashing due to network connectivity issues, marking the [...]
Frontier Developments shares jump as it unveils new video game launches August 28, 2020 Shares in Frontier Developments jumped this morning after the video game publisher said a string of new titles will help boost full-year revenue. The Aim-listed firm reported a “strong close” to the financial year, adding that sales across its portfolio of games had hit targets so far in the 2021 fiscal year. The Cambridge-based gaming [...]
Exclusive: Majority of companies will allow staff to work from home August 28, 2020 The vast majority of UK companies will continue to give employees the choice to work from home, as the pandemic triggers a structural shift in working patterns, according to an exclusive survey for City A.M. The outbreak of coronavirus forced an overnight move to remote working, with the majority of firms closing their doors [...]
Why digital infrastructure could emerge stronger from Covid-19 August 28, 2020 The Covid-19 pandemic has accelerated the need to modernise digital infrastructure networks. We expect that this will create new investment opportunities. Surging online activity Whether we like it or not, the Covid-19 pandemic has cemented our addiction to fast and reliable internet access. While speaking to colleagues remotely, food shopping online or monitoring our ‘smart [...]
Gatwick crashes to £321m loss on pandemic passenger plunge August 28, 2020 Gatwick Airport today said it swung to a £321m loss in the first half of the year after the Covid-19 pandemic caused a 66 per cent plunge in passenger numbers. In the six months ended 30 June, 7.5m passengers travelled through Gatwick, a decrease of 14.7m compared to the same period in the prior year. [...]
Defi – The industry is moving at the speed of light. Can you keep up? August 28, 2020 If you are from traditional finance and look at what is going on in the DeFi space, it would be similar to watching a Formula 1 race, where Uniswap would be the leading driver of the decentralized exchange (DEXs) team. Uniswap came out of the closet in May, and exploded onto the scene in July [...]
Coronavirus: Government to launch back-to-work campaign August 28, 2020 Brits will be encouraged to get back to the office as part of a new government campaign set to launch next week. The campaign will promote the advantages of returning to work and seek to reassure employees about the safety measures being taken to halt the spread of the virus. The productivity push, which will [...]
Who gets to shape what comes next? After Covid, power in the UK must be decentralised August 28, 2020 We are all coming to terms with the impact of Covid-19 on our prosperity and life chances. We are relearning how we live, how society functions, and what and who we value most. We are learning how Covid has impacted our communities, and with that has come a realisation of injustices that exist in our [...]
