Ed Warner: Value of hosting sport found in hearts and minds as well as spreadsheets August 18, 2022 Just what does constitute a sport? Breaking – otherwise known as breakdancing – will debut at the Paris 2024 Olympics. So how about singing with a dose of choreographed body-poppery? The unlikely combination of Vladimir Putin and Sam Ryder is bringing Eurovision to the United Kingdom in 2023. Seven cities – cut from 20 – are [...]
Norway sovereign fund loses more than $150bn thanks to tech rout August 17, 2022 Reuters Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022 as stocks and bonds were hit by global recession fears and rampant price inflation. The $1.3 trillion fund’s return on investment was a negative 14.4% for the January-June period, which [...]
Ryan Howsam: Why Staysure boss bought Legends Tour and how it can be profitable August 17, 2022 Sports sponsorship usually follows a playbook – Brand X pays to be associated with Team Y or Competition Z – but Ryan Howsam, founder of insurer Staysure, has ripped it up with golf’s Legends Tour. Howsam, a keen golfer in his youth who played off a scratch handicap, got involved with the circuit formerly known [...]
Young watching seven times less broadcast TV than over 65s August 17, 2022 Young adults are watching seven times less broadcast TV than those aged 65+, according to new figures published today, as they continue to bypass traditional broadcasters and enjoy streaming services. While those aged 65 and over spend almost six hours a day enjoying broadcast TV, the average for people aged 16-24 is less than an [...]
Crypto AM Summit & Awards 2022 August 16, 2022 The third Crypto AM annual summit and awards returns to the spectacular 5-star Hotel Leonardo Royal St Pauls, London this November, featuring some of the cryptocurrency and blockchain world’s most prominent figures. Two days of discussion and debate, coupled with workshops and world-class networking, will culminate in one of the industry’s most glamorous and prestigious [...]
Political chaos in Kenya deepens fast: Raila Odinga refuses to accept William Ruto’s presidential win August 16, 2022 Prolonged political chaos looms in Kenya as opposition leader Raila Odinga, the establishment’s favourite, declared this afternoon that he will not accept the official outcome of the 2022 presidential election. Yesterday, Kenya’s electoral committee said William Ruto won the election, which took place a week ago. However, Ruto’s opponent, Odinga, stated today that “a violation [...]
Kenya descends into political chaos as ‘Hustler’ William Ruto is named new president but electoral committee falls apart August 15, 2022 Kenya’s electoral committee has just said William Ruto has won the country’s 2022 presidential election, which took place last Tuesday. The announcement comes minutes after fighting broke out at Bomas of Kenya, where the election results were announced. Despite four electoral committee members walking out and ‘disowning’ the result, the IEBC went ahead and said [...]
M&C Saga: The hostile takeover bid continues for advertising giant continues to heat up August 15, 2022 Media firm Next Fifteen has received the latest round of necessary regulatory approvals as its the marketing firm edges one step closer to its M&C Saatchi takeover.
BlackRock launches Bitcoin Private Trust, Ethereum’s Merge upgrade tentatively scheduled August 15, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week at around $24,000 and moved sideways throughout it, at one point reaching a $25,000 high and a $22,500 low.
BREAKING – Kenya in shock as election descends into chaos: Electoral committee falls apart and fighting erupts August 15, 2022 Kenya’s electoral committee has fallen apart in a surprise development that is sending shockwaves through Kenya. Four committee members have “distanced” themselves from the IEBC in an unprecedented historic move. The four officials walked out minutes before the electoral body was supposed to announce formal election results this afternoon. In dramatic scenes in Nairobi, fighting [...]