Warner Bros delays Batman as pandemic continues to weigh on film industry October 6, 2020 Warner Bros has delayed four DC films including superhero blockbuster The Batman, as the pandemic continues to wreck filming schedules and studio release dates. The dark knight’s latest installment, featuring Hollywood star Robert Pattinson, was set to be released on 1 October next year, but has now been postponed until 4 March 2022 after social [...]
Allianz boss warns over ‘zombie companies’ reliant on government support October 6, 2020 The chief executive of Allianz has warned there are a lot of “zombie companies” surviving only because of government support, but said that households were proving more resilient than many thought during the pandemic. “We are camouflaging for now the underlying effects, we have a lot of zombie companies now that are just surviving because [...]
5 terrible ways for to apply Blockchain Technology in IoT and Cybersecurity October 6, 2020 Last week, my friend and colleague Monty Munford wrote as to how crypto would never take off until cybersecurity improves. And whilst I agree with the premise – It is going to take a whole lot more than ‘enhanced cybersecurity’ for crypto to become mainstream. When people write about cybersecurity and blockchain, they are usually [...]
Mulberry swings to full year loss as coronavirus shuts down high street October 5, 2020 Fashion house Mulberry fell to a £14.2m loss in the last financial year, the firm announced today, as the coronavirus pandemic derailed the firm in its final month of trading. The firm said that it had been on course to report a profit for the second half of the year before the virus shut down [...]
Weir Group sheds oil and gas division in $405m Caterpillar deal October 5, 2020 Weir Group this morning announced that it would sell its oil and gas division to construction firm Caterpillar for $405m (£314m). Shares in the company jumped 15.6 per cent as markets opened as traders cheered the deal. The FTSE 250 company has been mulling the sale of the division for about six months as it [...]
FCA gets green light to take insurance giants to Supreme Court over Corona policies October 5, 2020 A High Court in London approved the FCA’s request to let the Supreme Court decide on the matter in which the market regulator is seeking clarification on the wording of numerous insurance policies in relation to claims filed as a result of the pandemic.
Coronavirus: Is the UK set to shake-up quarantine-free travel rules and finally begin airport testing for arrivals? October 4, 2020 The UK Government is set to make an announcement on airport testing “in the coming days,” as the list of quarantine-free travel options diminishes Airport testing is a “key priority,” Barclay told Heathrow boss John Holland-Kaye this week at the Conservative Party Conference, which is currently being held virtually. While many other countries and airlines have [...]
Coronavirus: The seven quarantine free countries you can still visit, after Turkey travel ban October 3, 2020 Coronavirus: Here are the seven quarantine free countries you can still visit, after Turkey travel ban
Climate activists target Blackrock London office over ‘greenwashing’ October 2, 2020 Climate protestors have targeted Blackrock’s London headquarters over its failure to put climate change at the heart of its investment strategy. In January Blackrock’s chief executive Larry Fink announced it would put environmental sustainability at the core of its strategy. The world’s largest asset manager announced a sweeping overhaul in a bid to position itself [...]
LV= in exclusive sale talks with Bain Capital October 2, 2020 Financial services provider LV= has announced it is in exclusive discussions over a potential tie-up with private equity firm Bain Capital. In a statement today LV= said discussions with Bain Capital are ongoing. It added: “There can be no certainty that any transaction will be agreed, nor any certainty as to the terms on which [...]