Raab: China and Russia ‘took advantage’ of Covid to break international law October 6, 2020 China and Russia have used the Covid pandemic to carry out cyber attacks and clamp down on human rights, according to foreign secretary Dominic Raab. Raab said today that the “usual suspects” of Iran, Russia and China have tried to “take advantage of the crisis”, with Beijing’s Hong Kong clamp down used as an example. [...]
5G rollout across Britain set to create 5,000 jobs October 5, 2020 Telecoms firms have pledged to create 5,000 new UK jobs through the rollout of 5G technology across Britain, marking a rare bright spot on the bleak jobs horizon during the pandemic. Liberty Global, which owns Virgin Media, and O2’s Spanish owner Telefonica, have announced plans to create 4,000 jobs and 1,000 apprenticeship roles in the [...]
Are you motivated by morals or money? October 2, 2020 Investing is a personal choice and a number of influences will hold sway over where you put your money. Your personal value system is one such influence and, for most people, this appears to be non-negotiable. More than three-quarters (77 per cent) of investors refuse to compromise on their personal beliefs when investing, even if [...]
Delays to 5G rollout to cost country tens of billions, report finds October 1, 2020 Delays to the rollout of 5G could cost the country tens of billions of pounds in lost economic output, a new report has found. According to the Centre for Policy Studies (CPS), steps to speed up the rollout could provide the UK GDP with an extra £41bn over the next seven years. However, if delays [...]
BT taps Nokia to replace Huawei in 5G networks September 29, 2020 BT has chosen Nokia to supply its 5G radio equipment in a deal that will make the Finnish firm the telecoms giant’s largest infrastructure partner. The deal, which marks a major win for new Nokia boss Pekka Lundmark, comes just months after the UK said it would ban Chinese firm Huawei from its 5G networks. [...]
The clock is ticking for Oracle to make sense of the TikTok deal September 29, 2020 What does the world’s largest enterprise software firm see in a Chinese video-sharing social networking app? Putting the intense political pressure by the US government to make this deal work to one side, the two businesses seem like chalk and cheese to hard-nosed City investors. One company is a behemoth known for serving the corporate [...]
Could decarbonisation be the mega-trend of the next decade? September 28, 2020 US equities have led global stock markets higher over the past decade. In the last ten years, US equities have returned a stellar 292%, compared to just 73% for global equities (as measured by the MSCI USA Index and MSCI AC World ex US Index respectively, in US dollar terms, as at 31 August 2020). [...]
FTSE 100 climbs as ‘relief rally’ pushes global equities higher September 28, 2020 The FTSE 100 has started the week off strong, climbing as much as 1.69 per cent amid a global “relief rally” as investors rushed to buy up shares in beaten-down sectors after last week’s sharp stock market sell-off. Blue chips HSBC and spirits-maker Diageo helped boost the British blue-chip index on Monday, which was also [...]
US judge temporarily blocks Trump’s Tiktok app store ban September 28, 2020 A US judge has temporarily blocked President Donald Trump’s ban on Tiktok downloads that was due to come into effect at midnight last night. A Washington district judge granted Tiktok’s last-minute request for a preliminary injunction on the ban late last night following a 90-minute hearing earlier in the day. App Store ban The Chinese-owned [...]
Tiktok files for injunction to overturn US app store ban September 24, 2020 Tiktok has submitted a request to block President Donald Trump’s plans to ban downloads of the video platform from US app stores on Sunday. The request, filed in a Washington district court yesterday, marks the latest attempt by the Chinese social media company to protect its service in the US in the face of a [...]