German defence chief QUITS after heavy criticism of Russia-Ukraine war handling January 16, 2023 German defence minister Christine Lambrecht has resigned following persistent criticism of her handling of military modernisation programmes and the country’s arms deliveries to Ukraine. Lambrecht said she had submitted her resignation request to Chancellor Olaf Scholz, saying that “months of media focus on my person” had stood in the way of a factual debate about [...]
Usain Bolt: Sprinter facing the loss of millions of dollars after alleged fraud January 15, 2023 Usain Bolt has lost millions of dollars as a result of an alleged fraud at a Jamaican investment company. The world’s fastest man is the most high-profile victim of the apparent scam at Stocks and Securities Limited (SSL). Bolt’s agent Nugent Walker said his client noticed that money was missing from his account last week. [...]
Exclusive: The WhatsApp scandal in banking and its place in the City January 15, 2023 The unprecedented fine from the SEC, exacted on 16 Wall Street banking giants in 2022, caused ripples on both sides of the pond last year. The collective $1.8bn in punishments doled out to a group consisting of names such as Barclays, Citigroup, Goldman Sachs, and Morgan Stanley, was executed as staff were found to have discussed deals [...]
Hedera to host five days of events at Davos with POLITICO, will.i.am, Starling Labs and IBM January 14, 2023 Decentralised network Hedera has announced its agenda for Hedera Haus at Davos 2023, coinciding with this year’s World Economic Forum (WEF).
Benjamin Mendy: Premier League footballer for Manchester City cleared of sex attacks and rape January 13, 2023 Premier League footballer Benjamin Mendy has been cleared of sex attacks on four women, as jurors failed to reach verdicts on two others following a six-month trial. The Manchester City star, 28, sitting in the dock at Chester Crown Court, covered his face with both hands, gently rocking back and forth, as the jury foreman, [...]
Lisa Marie Presley, singer and only child of Elvis, dies aged 54 January 13, 2023 Lisa Marie Presley, US singer and only child of Elvis Presley, has died at the age of 54, her family has confirmed. In a statement, the Presley family said they were “shocked and devastated” by the news, which was announced on Thursday. The US singer-songwriter was “rushed” for medical treatment earlier the same day, though [...]
Exclusive: Virgin Media O2’s business chief on the £31bn mega merger that dazzled the City January 13, 2023 As the UK is in the midst of a merciless recession, with the cost-of-living crisis raging, businesses are scrambling to cut costs, maintain market share and find a way to get through the economic misery. The telecoms sector is no exception. Time for City A.M. to catch up with Jo Bertram, managing director of Virgin Media [...]
Is a new crypto bull run about to kick off? January 12, 2023 Nigel Green believes confidence is creeping back into crypto, but is there enough evidence to show we're near a bull market?
DAZN: Sports broadcaster’s operating LOSSES pass £1bn despite revenue RISING January 12, 2023 Sports broadcaster DAZN suffered an operating loss of $1.3bn (£1.1bn) and record overall losses of $2.3bn (£1.9bn) in 2021 despite growing revenue by almost 80 per cent. The UK-headquartered streaming and subscription service, which is a major player in the US, Japan and Germany, saw income swell to $1.6bn (£1.3bn). But costs also increased by [...]
Kyrgios, Jabeur and Nadal: How Netflix’s Break Point looks to grow tennis January 12, 2023 Tomorrow morning the latest sports docu-series goes live on streaming giant Netflix as Break Point – the tennis version of Formula 1’s Drive to Survive – offers a peek behind the scenes of the sport. Here’s what we learned from the series. Tennis’ special Ks Break Point grips you instantly, using Nick Kyrgios and his [...]