Acclaimed chef Virgilio Martinez and Explora Peru come together to showcase the unique culinary identity of the Sacred Valley March 25, 2020 When most people think of Peru, it’s the ancient citadel Machu Picchu that comes to mind. And when you mention the Sacred Valley, it’ll likely conjure up similar images of hiking through misty mountains to equally mystical Incan ruins. This is, in fact, exactly what I’m doing. But I’m not only here for the archaeology; [...]
Freshfields and Slaughter and May advise government on covid corporate finance facility March 25, 2020 The Treasury and the Bank of England have called up Magic Circle law firms Slaughter and May and Freshfields Bruckhaus Deringer to advise on the government’s emergency corporate covid financing facility (CCFF). The CCFF will purchase commercial paper, a debt instrument, from companies in order to boost their liquidity. It is available to UK companies [...]
How coronavirus is turning the spotlight on sustainable investing March 25, 2020 It is difficult to start any article without referring to the threat presented by the coronavirus sweeping across countries. The human impacts are clearly devastating for anyone affected, even if the overall impact is at present relatively small in the context of major pandemics through history. The economic and financial impacts are also proving significant. [...]
Coronavirus: City of London Corporation defers rent payments for tenants March 25, 2020 The City of London Corporation is deferring this quarter’s rental payments for commercial tenants worst affected by the coronavirus pandemic. The Corporation, a major landlord in the Square Mile and beyond, is deferring rent payments for the March quarter for all retail, hospitality, small office, and serviced office tenants. Supermarkets, banks, pharmacies and building societies [...]
Softbank hits back at Moody’s following double downgrade March 25, 2020 Softbank has demanded that Moody’s remove all of its bond ratings after the ratings agency downgraded the conglomerate’s debt by two notches and said it was reviewing the tech investment giant for a further downgrade. Softbank immediately hit back, accusing Moody’s of having based its decision on “its biased and mistaken views” and “excessively pessimistic [...]
Batteries included: The Bentley Bentayga Hybrid offers zero-emissions city driving March 25, 2020 A few months ago, this page featured the Bentley Bentayga Speed, a 635 horsepower SUV with the thrust of a supercar and thirst of a supertanker. The Bentayga Hybrid is the yin to that yang, trading a 6.0-litre W12 for a 3.0 V6: the smallest engine ever fitted to a Bentley. It forgoes the title [...]
Government to push through insolvency reforms as coronavirus crisis bites March 25, 2020 The government is pushing to overhaul insolvency laws to help companies and individuals weather the economic crisis caused by the coronavirus pandemic. The Insolvency Service has begun asking for the views of the restructuring industry about potential urgent changes to company legislation, Sky News reported. The reforms could include a moratorium on winding-up petitions against [...]
21-year-old woman reportedly dies from coronavirus in UK March 25, 2020 A 21-year-old woman is reportedly the youngest person with no pre-existing medical conditions to have died after contracting coronavirus in the UK. Chloe Middleton, from High Wycombe, Buckinghamshire, is believed to have died on 21 March. In a Facebook post her mother, Diane Middleton, said: “To all the people out there that thinks it’s just [...]
BT offloads £80m legal software arm Tikit as sell-off continues March 25, 2020 BT today said it has sold its legal software division Tikit as the telecom giant’s transformation plan picks up pace. Tikit, which provides lawyers with software for time recording and case management, has been acquired by UK software firm Advanced. Financial details were not disclosed, but the business is reportedly valued at £80m. The sale [...]
Electric cars can transport Britain to a greener future March 25, 2020 As the UK lockdown begins, now is a chance to pause, to take a step back, and consider how our world moves forward when the Covid-19 crisis is over. Right now, we are all staying at home, but when we can travel once again, what does the future of transportation look like? Britain is still [...]