Brexit: 23 answers to investors’ questions October 16, 2018 The UK’s scheduled departure from the EU is fast approaching. Many observers are hopeful for an orderly withdrawal. But plenty of potential pitfalls between now and Brexit-day which could result in a chaotic divorce. The only near-certainty at present is that the UK will cease to be a full member of the EU on 29 [...]
Disney moves to pacify EU regulators with concessions on $71bn Fox deal October 15, 2018 Walt Disney has made commitments it hopes will please European regulators, allowing its acquisition of Twenty-First Century Fox to go ahead. The concessions, filed Friday with the European Commission, will be considered by EU antitrust authorities, before a decision is reached by 6 November. Read more: Fox and Disney to sell minority Sky stake to Comcast [...]
Tech giants stumble as Wall Street fails to recover from nightmare week October 15, 2018 The big five US tech companies dropped over $30bn (£23bn) from their market value yesterday as Wall Street struggled to bounce back from a nightmare week. Netflix recovered slightly after an initial three per cent drop when the share’s target price was slashed by Raymond James and Goldman Sachs. Read more: Snap to challenge Netflix [...]
The unspoilt ski slopes of Gudauri in Georgia are Europe’s best kept secret October 12, 2018 The Georgian Military Highway winds its way from Tbilisi towards the Russian border, passing UNESCO churches, scenic reservoirs, and the somewhat over optimistically named Friendship Monument, a late 1980s celebration of Georgian-Soviet relations. As the road climbs higher, the forests cloaking the slopes grow thinner until you emerge above the treeline and they’re replaced completely [...]
First Man review: A thrilling and awe-inspiring Armstrong biopic October 11, 2018 When it was first screened, Damien Chazelle’s movie about that time we went to the moon drew criticism from a particularly moronic corner of society. Ryan Gosling stated his educated belief that Neil Armstrong never considered himself to be an American hero. Coupled with the director’s decision not to include a scene in which the [...]
HSBC hiring senior former JP Morgan banker to co-head its global investment bank October 11, 2018 HSBC is set to announce the hire of a senior former JP Morgan banker to co-head its global investment bank. It is understood that the hire of Greg Guyett, who held senior roles at JP Morgan in the UK, US and Asia, will be announced in the next few days. Guyett’s hire, first reported by [...]
Chris Grayling berated as work begins to turn motorway into ‘no deal’ Brexit lorry park without telling residents October 11, 2018 A Tory MP is furious work has begun to turn a motorway in his consistency into a "parking lot" in case of no deal Brexit without him knowing. Tom Tugendhat, Conservative MP for Tonbridge and Malling in Kent, berated Transport secretary Chris Grayling for work beginning overnight on the M26. Part of the M26 will [...]
Patisserie Valerie facing closure without immediate cash injection October 11, 2018 Patisserie Valerie is facing closure without an immediate cash injection, the firm said today. The high street cake shop halted trading in its shares yesterday as it announced that it had been notified of "significant and potentially fraudulent" accounting irregularities, and suspended chief financial officer Chris Marsh. Sky News reported that the black hole in the company's [...]
Trump’s state visit to the UK cost police £18m, four times as much as the royal wedding’s security October 11, 2018 US president Donald Trump's visit to the UK in July cost police almost £18m, four times the cost of the security of the royal wedding, it was revealed today. Nearly 10,000 officers across the country worked more than 26,000 shifts during the four-day trip that ignited protests in London, Edinburgh and Glasgow. Read more: Trump has a [...]
Astro Bot Rescue Mission review: a slice of Nintendo-grade genius that celebrates the PSVR’s abilities October 10, 2018 There’s a moment shortly after you begin playing Astro Bot when the character you’re controlling runs behind a wall and out of view. You expect the camera to follow after him, but it doesn’t, until you remember that you are the camera, and you must physically lean forward in your seat to peer around the corner and [...]