Tesla to spend north of $1bn for Australian electric car battery materials annually June 2, 2021 Raw battery materials from Australia alone are expected to cost Tesla north of $1bn every year, the chair of the US carmaker has said today. Australia, which is rich in natural resource, is a business go-to for its bustling mining industry and responsible production practices. Tesla is keen for minerals like lithium and nickel, which [...]
Trevor Steven: Gareth Southgate may regret naming four right-backs in England squad for Euro 2020 instead of Jesse Lingard or Danny Ings June 2, 2021 On the face of it, it’s difficult to work out why Gareth Southgate has named four right-backs in his England squad for Euro 2020. While Kyle Walker, Kieran Trippier, Reece James and Trent Alexander-Arnold are all talented players, each is also taking up a space that could have gone to someone else. If only two [...]
West End gets bank holiday boost as shoppers flock to central London June 1, 2021 Shoppers flocked to London’s West End over the bank holiday weekend, keen to make the most of shops, restaurants and bars in the sunshine. Footfall in the area was up 67 per cent over the bank holiday weekend when compared with last weekend’s figures, data from New West End Company found, which represents 600 retail, [...]
Lifting restrictions should be spaced out to avoid third wave, senior doctors say June 1, 2021 The easing of restrictions should be spaced out to keep the levels of transmissions down and avoid a third wave in the UK, according to senior doctors today. “If we are intending to keep the levels of transmission down because that is the fundamental risk we have, then it would make sense to space the [...]
Russia to set up 20 new military units in west to counter Nato’s ‘growing threat’ May 31, 2021 The Russian military will form 20 new units in the country’s west this year to counter what it claims is a growing threat from Nato. Defence minister Sergei Shoigu made the announcement at a meeting with top military officials. He pointed to a growing number of flights by US strategic bombers near Russia’s borders, deployments [...]
Sweet Dreams are made of this: UK bed retailer sold to Tempur Sealy for £340m May 27, 2021 Sweet Dreams are made of these: UK bed retailer sold to Tempur Sealy for £340m
City Moves: Who’s switching jobs in the Square Mile this week? May 26, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Johnson & Johnson hires EU consumer health director US pharmaceutical giant Johnson & Johnson has hired a new London-based area managing director for consumer health in northern Europe. Charmaine England, who [...]
Less than half of small businesses will ask staff to return to the office full-time May 25, 2021 Fewer than one in two of small business owners plan to advise their staff to return to the office after 21 June, when government restrictions on home working will be lifted, according to new survey results. Financial services company Hitachi Capital Business Finance polled over a thousand UK-based small business owners to find out how [...]
Put-in the diary: Biden to meet Russian President in June May 25, 2021 Joe Biden and Vladimir Putin will meet in Geneva for face-to-face talks next month. The meeting will be the first since Biden took the Presidency in January 2021. The White House said the conversation would touch on “the full range of pressing issues,” with relations between the two sour. Biden’s predecessor Donald Trump had a [...]
Stage and stream: Amazon inks broadcast deal for National Theatre productions May 25, 2021 Amazon Prime has inked a deal to stream four productions filmed by the National Theatre this summer, including the original stage version of Phoebe Waller-Bridge’s Fleabag. The tie-up will also include Frankenstein, directed by Danny Boyle and starring Benedict Cumberbatch, and Hamlet, which also features the Sherlock star, filmed at the Barbican in 2015. Amazon [...]