Universal Music launches Capitol Records China in a push to catch industry’s ‘fastest-growing market’ March 3, 2022 Universal Music has expanded its Chinese division, with the launch of Capitol Records China as a new frontline label focused on signing and developing Chinese music talent.
Ukraine war Day 6: Russia admits close to 500 of its troops are dead with thousands wounded March 2, 2022 Some 498 Russian troops have been killed in Ukraine, with 1,597 wounded, Russia’s Defence Ministry said in its first report of military casualties since the country invaded its eastern European neighbour last week. Moreover, the Russian bombardment of Kharkiv in Ukraine has killed 21 people and hurt 112, a Ukrainian official said. Some Russian planes [...]
Ukraine war day four: Russian Army enters country’s second-largest city as fighting continues February 27, 2022 Russian troops have entered Ukraine’s second-largest city of Kharkiv and fighting is under way in the streets, Ukrainian authorities have said. Oleh Sinehubov, head of the Kharkiv regional administration, said Ukrainian forces are fighting Russian troops in the city and asked civilians not to leave their homes. Russian troops approached Kharkiv, which is located about [...]
UK-based Chinese companies suffered from global instability last year, new research shows February 25, 2022 Revenues generated by Chinese companies working in Britain have dropped by almost a third, due to global instability and the impacts of Covid-19, according to new research. Chinese companies employed 61,000 UK residents contributed £63bn to the British economy in 2021, according to new figures from the Tou Ying Tracker. The £63bn in revenues generated [...]
HSBC profits double to £13.9bn as lender rebounds from pandemic slowdown February 22, 2022 HSBC has reported profits more than doubled last year as the lender recorded stellar growth across its divisions, driven by the release of expected credit losses stored up over the pandemic and a higher share of profits from the firm's associates.
Lotus eyes up New York as favoured destination for IPO February 22, 2022 Iconic British car brand Lotus is eyeing up New York as its favoured location to go public after it was revealed the car manufacturer was looking to supercharge growth with a move onto the public markets.
Shell reveals LNG trade grew six per cent amid rebounding post-lockdown demand February 21, 2022 Shell has revealed the LNG trade grew six per cent year on year, as economies recovered from the COVID-19 pandemic.
While looking for Brexit opportunities: Jacob Rees-Mogg profits directly from Chinese pharma and Russian gas investments February 21, 2022 The government’s new minister for Brexit opportunities, Jacob Rees-Mogg, is directly profiting from significant investments in a pharmaceutical company in China as well as a Russian gas company, according to reports. Somerset Capital, in which Rees-Mogg holds a 12 per cent stake, reportedly invested £5.7m on behalf of clients in a company that potentially faces [...]
A second term for President Macron would be welcome news for the Euro area February 18, 2022 While President Macron has yet to officially say he will run for a second term, the announcement is expected any day now. The majority of opinion polls put him way out in front. He is followed by three candidates with not much separating them, including Valérie Pécresse, the candidate of the conservative Les Républicains party, [...]
EU set to launch internet satellite system moving away from Chinese dependency February 15, 2022 The EU is gearing up to launch its own satellite internet system to keep up with the likes of Amazon and Elon Musk owned SpaceX, removing European reliance on Chinese-built infrastructure.