Space X and Boeing design risks threaten US access to the International Space Station February 21, 2019 Nasa has warned Space X and Boeing about safety concerns for their competing astronaut launch systems, threatening to delay US plans to revive its human spaceflight programme later this year. Nasa forged agreements with Space X for $2.6bn (£2bn) and Boeing for $4.2bn to build rocket and capsule launch systems to take astronauts to the International Space [...]
Fintech startup Revolut pushes ministers for fast-track tech visas February 21, 2019 London will fall behind as a world-leading fintech hub if the government does not prioritise incoming tech talent, the chief executive of Revolut warned today. Nikolay Storonsky, a Russian native who started digital bank Revolut in 2015, called on ministers to introduce a fast-tracked visa process for technology workers, particularly within software development and data [...]
Microsoft opens up cyber security services in Europe in wake of fresh Russia attacks February 20, 2019 Microsoft has expanded the reach of its cyber security service for political organisations in Europe, after detecting a fresh wave of attacks from Russian hackers. The firm's vice president for customer security and trust Tom Burt said Microsoft's Threat Intelligence Centre (MSTIC) had discovered attacks on employees of the German Council of Foreign Relations, and European [...]
Danske Bank ordered to shut Estonian branch amid money laundering scandal February 19, 2019 Estonia has ordered Danske Bank to shut its local branch by the end of the year as investigations into an alleged €200bn money laundering scandal widen. The Danish bank has also decided to close down banking activities in Russia, Latvia and Lithuania, which it said was following a strategic review. Read more: Troubled Danske Bank's [...]
Former Barclays chair will appear at SFO fraud trial February 18, 2019 Marcus Agius, the former chairman of Barclays, is set to appear as a witness for the prosecution at the high-profile trial of four of the bank’s former executives on fraud charges. Agius quit the bank nearly seven years ago over its role in the Libor-rigging scandal. He will be called on by the Serious Fraud [...]
Coca-Cola bottler core profits fizz February 14, 2019 A soft drinks bottler led the FTSE 100 market fallers this morning after analysts noted that finance costs had offset strong organic growth, which has been boosted by a rise in appetite for sparkling beverages and a return to growth in its key Russian market. The figures Coca-Cola HBC AG said this morning that profits before [...]
Chelsea face a season-defining fortnight starting with a Europa League trip to Malmo, but they are yet to win away in 2019 February 13, 2019 On the back of Chelsea’s worst defeat in Premier League history, Maurizio Sarri faces a battle to galvanise his side for a season-defining fortnight. The Blues meet Manchester United in the FA Cup fifth round on Monday night, Manchester City, who humiliated them 6-0 last weekend, in the EFL Cup final a week on Sunday, [...]
Saudi Arabia added to EU dirty money blacklist but Russia omission blasted February 13, 2019 Saudi Arabia has been added to the European Commission’s dirty money blacklist as part of a crackdown on money laundering and terrorism financing. Four US territories along with Nigeria and Panama were also added to the 23-country list, designed to protect the EU financial system in the wake of several money laundering scandals. Read more: [...]
Future in doubt for Formula One’s iconic races with Silverstone and Monza deals set to expire this year February 12, 2019 Just four weeks remain until the new Formula One season begins, yet doubts still linger over the future of some of the sport’s most iconic tracks beyond this year. Britain’s Silverstone has led the revolt against F1 owners Liberty Media as one of five races whose contracts are set to expire. Also among them is [...]
The Great Russian Firewall: Putin’s unplugging his country from the internet February 11, 2019 Russia is preparing to detach itself from the rest of the world by briefly disconnecting from the internet, as it readies for future cyber warfare. The test, due to be held before 1 April, will keep all data circulating between Russian citizens and organisations within the country's borders rather than passing through international routes. The move [...]