All eyes in Brazil nervously shift to Bolsonaro as president keeps eerily quiet after Lula victory November 1, 2022 More than a day after Brazil’s President Jair Bolsonaro lost his bid for re-election of South America’s largest country, the right-wing leader has neither conceded defeat nor challenged the results of the country’s closest political contest in more than three decades. Bolsonaro had not spoken a word to reporters camped outside the official residence or [...]
Libor trader Tom Hayes: I’ll keep fighting to clear my name in UK after US throws out charges October 31, 2022 The former banker who spent five years inside for ‘rigging’ Libor rates has told City A.M. he feels he owes it to other convicted traders to keep fighting to clear his name. Tom Hayes, who worked at UBS, was one of a number of traders sentenced for a cumulative total of almost 50 years for [...]
Is Elon Musk a free speech champion or a bombastic fool? Perhaps, he’s both October 31, 2022 Finally, it has happened. In a story with more drama and grandstanding than Wagner’s Ring Cycle, Elon Musk has bought Twitter for $44bn. The man himself announced the success of his deal in a tweet – of course. He has also dubbed himself “Chief Twit”, with which some may agree for the wrong reasons. There [...]
Doge price up more than 50% and SHIBA INU 25% on back of Elon Musk’s Twitter acquisition October 29, 2022 The price of Dogecoin has jumped 30 per cent in the 24 hours since Elon Musk bought social media platform Twitter.
Sacked Twitter chiefs could pocket $122m in payouts October 29, 2022 The three top Twitter chiefs sacked by Elon Musk could be in line for payouts worth $122m, according to a research firm.
David Grutman, the “King of Miami” gives us his take on hospitality October 28, 2022 David Grutman is a hospitality impresario behind a string of restaurants, hotels and nightclubs in Miami. As he takes part in the AMEX Shaping Insights podcast, we caught up with him to quiz him on the state of hospitality Tell us about yourself I’m originally from Naples, which is about two hours from Miami, so [...]
Outrage grows as UK urges LGBT football fans to ‘compromise’ their sexuality during World Cup in Qatar October 28, 2022 James Cleverly, this week re-appointed as Foreign Secretary, is increasingly under fire for comments he made about how British LGBT football fans should behave while in Qatar for the World Cup. A range of celebrities and thousands of people have taken to social media to express their dismay about Cleverly’s stance. The Foreign Secretary urged [...]
CZ confirms Binance is an investor in Elon Musk’s Twitter acquisition October 28, 2022 Cryptocurrency exchange Binance has revealed it is a major investor in Elon Musk's $44 billion takeover of social media platform Twitter.
From ballet and opera to festivals and clubs, our definition of culture has changed October 28, 2022 Pre-Covid, the night time economy contributed £66bn per year to the UK, making it the UK’s fifth largest industry, accounting for 1.3 million jobs and 8 percent of the UK’s total workforce. Just three years later, we’ve nearly been wiped out and there is little chance that we will recover anytime soon. Part of this [...]
The cost of doing business amidst the culture wars is an entirely new question of risk October 28, 2022 Mankind has long pondered the question of what it means to be good. Now corporate bodies are facing the same dilemma. Brand activism – the expectation on companies to be proactive drivers of social change – is here to stay. But getting the messaging right in the era of culture wars is difficult: it’s hard [...]