Bitcoin wallet address milestone is something to smile about May 19, 2023 Not in Miami, Jason Deane rounds up the week as he highlights what's going well for Bitcoin and not so well for Vladimir Putin.
Russia blood diamonds are latest Kremlin sanction from UK as Sunak goes after 86 more Putin-linked individuals May 19, 2023 Britain is banning Russian diamonds in a new wave of sanctions to pressure Vladimir Putin over his invasion of Ukraine as Rishi Sunak warns allies against complacency at the G7 summit in Japan. The Prime Minister announced the new measures against Russia, also including a prohibition on imports of Russian-origin copper, aluminium and nickel on [...]
Fifa unveil funky branding ahead of Canada-US-Mexico World Cup in 2026 May 18, 2023 Fifa has unveiled its branding for the 2026 World Cup, due to be held in Canada, the United States and Mexico. The main logo features the famous World Cup trophy, most recently won by Argentina in Qatar last year, in front of the number 26. Major sporting events always stir debate when it comes to [...]
Problem with the UK’s automotive sector ‘isn’t to do with Brexit’, says Kemi Badenoch May 18, 2023 Business and trade secretary Kemi Badenoch has said the issue with the UK’s automotive sector “isn’t to do with Brexit”, as Labour pressed the government for an “explicit industrial strategy”. Her comments came as shadow business secretary Jonathan Reynolds warned that the “automotive sector has issued warning cry after warning cry that government policy risks [...]
Why the network state is the next logical evolution to current forms of governance: Part 2… May 18, 2023 Dr Chris Kacher with his second instalment of 'The Network Web3/Blockchain/Money State' as he hails decentralisation.
National Grid powers to 15 per cent increase in profits of £4.6bn – but net zero investment still needed May 18, 2023 The National Grid powered a year of profits up 15 per cent to £4.6bn, off the back of major clean energy investments of £7.7bn – but it still isn’t enough to meet net zero goals. The electricity and gas company reported its year results ending March 31, saying it had been 12 months of “significant [...]
Mark Kleinman’s must-read column: Apollo, Ofgem and Hargreaves Lansdown May 18, 2023 Mark Kleinman is Sky News’ Business Editor and writes a must-read column for City A.M. on the biggest business stories of the week Apollo’s failed missions will make take-private landings harder Apollo and ground-breaking missions of accomplishment have long been synonymous. Right now, for the US-based investment firm of the same name, simply getting the [...]
Let’s be honest, China won’t beat the West as it ignores the problems on its home turf May 18, 2023 The absence of free speech and political accountability has an economic impact in China. Beijing will stay important, but it won't surpass the West, getting older before it gets richer, writes Matthew Lesh
Bank of England governor Andrew Bailey warns of uncertainty over inflation drop May 17, 2023 The risk of inflation staying higher for longer than the Bank of England’s two per cent target than it expects is mounting due to the slow reduction of wage pressures and price rises, the Governor of the central bank warned today. Speaking at the British Chambers of Commerce’s (BCC) annual conference, Andrew Bailey warned the [...]
Russian oil exports reach highest levels since Ukraine invasion as China and India buy up supplies May 16, 2023 Russian oil exports shot up to their highest levels since its invasion of Ukraine, with the majority heading towards China and India, according to the International Energy Agency. In its latest monthly oil report, the Paris-based climate agency said total oil shipments reached “a post-invasion high” in April rising to 8.3m barrels per day (bpd), [...]