Ban Russian gas and buy American September 7, 2024 Russian liquefied natural gas continues to be shipped to Europe even though we have a readily available source from our ally across the Atlantic. For Europe’s energy security and to ensure the survival of Ukraine, it’s time to divest from Russian LNG, says Daniel Dalton Keir Starmer has promised “an improved and ambitious relationship” with [...]
Ashmore: Mixed results as emerging market withdrawals remain sky-high September 5, 2024 Emerging markets investment manager Ashmore reported a 12 per cent drop in adjusted profit before tax for the year to 30 June 2024. The group reported an adjusted profit before tax of £105.4m, below expectations of £113m and 2023’s figure of £119.4m. Ashmore has experienced years of withdrawals from investors, and the trend has shown [...]
Telegram boss Pavel Durov charged: What next for social media moguls like Musk and Zuckerberg? August 29, 2024 Like his recent collection of topless Instagram photos, Pavel Durov, the founder of Telegram, is probably feeling slightly exposed right now under the scrutiny of global powers. He has just been charged by French authorities for allegedly allowing criminal activity to flourish on his platform. Durov has avoided jail time for now, out on a [...]
Outdoor pub smoking ban would cause ‘serious economic harm’ to UK hospitality August 29, 2024 A possible smoking ban in outdoor spaces of pubs, bars and restaurants in the UK is likely to do more harm than good, leading trade figures have warned. The ban would make it illegal to smoke in pubs, outdoor restaurants and open-air spaces in nightclubs, according to leaked documents seen by The Sun, in a [...]
Pernod Ricard’s Russia exit leads to sales fall for Scotch whisky maker Chivas Brothers August 29, 2024 Pernod Ricard stopping all exports of its international brands to Russia led to a fall in sales for Scotch whisky maker Chivas Brothers during its latest financial year. The Scotland-headquartered company has revealed its net sales fell by 1.6 per cent in the 12 months to the end of June 2024 off the back of [...]
Zuckerberg regrets bowing to White House pressure during Covid-19 August 27, 2024 Meta boss Mark Zuckerberg has said he regrets bowing to the White House over content which it censored during the Covid-19 pandemic.
Telegram chief Pavel Durov arrested at Paris airport August 25, 2024 The founder and chief executive of the popular encrypted messaging service Telegram has been detained at an airport in Paris, French media reported on Sunday. Pavel Durov was held at Paris-Le Bourget airport on Saturday evening after arriving in France from Azerbaijan, according to broadcasters LCI and TF1. Investigators from the National Anti-Fraud Office, attached [...]
Fred Perry issues bumper pay day as sales pass milestone August 22, 2024 British sporting and fashion brand Fred Perry has paid out a bumper dividend after its sales jumped past the £150m mark during its latest financial year. Founded by Wimbledon champion Fred Perry in 1952, the company has issued £90m in dividends for 2023 after its turnover totalled £154.1m for the year. The figure comes after [...]
Playrix bosses and Candy Crush creators top first Sunday Times Gaming Rich List August 17, 2024 The founders of mobile game producer Playrix and the creators of Candy Crush are among the highest-placing figures on the inaugural Sunday Times Gaming Rich List 2024. Topping the list are Russian-born brothers Igor and Dmitry Bukhman, of Playrix, which is behind titles such as Township, Fishdom and Homescapes. The pair have a fortune of [...]
Croydon is a brutalist playground and a photographer’s dream August 15, 2024 I stand killing time on the platform of one of Croydon’s many decrepit railway stations. Like me, it’s seen better days, and again like me, its makeover has been on the cards for years. I do a lot of waiting and thinking here, mostly enforced. Norwood Junction: even the name sounds like a line from [...]