Outbreak of rare deadly black fungus among Covid-19 patients spreading from India to Pakistan May 12, 2021 Media in Pakistan are reporting that hospitals in the South Asian country are treating Covid-19 patients suffering from a rare black fungus, following dozens of cases in India in recent days. “We have seen at least five cases of Mucormycosis also called, Black Fungus, among serious Covid -19 patients under treatment. At least four patients [...]
50 days after the Ever Given blocked the Suez canal, supply chains still have not recovered May 12, 2021 On the 29th of March, tug boats and dredgers freed the Ever Given from the banks of the Suez Canal. In just six days the blockage obstructed over $60 billion of global trade, sending disruptive ripples to every corner of the world. The beached container ship, weighing in at 220,000 tonnes and longer than the [...]
Sharing about Mental Health Awareness Week? Beware targeted advertising preying on your weaknesses May 12, 2021 This year the theme of Mental Health Awareness Week is on nature and the enormous benefits it has for our mental health and wellbeing. In a year cut off from loved ones, with our lives pushed online and limited availability of real-life hugs, the wild green spaces of South West London have been fundamental to [...]
Wall Street closes lower as inflation jitters spark broad sell-off May 11, 2021 US stocks closed lower today as rising commodity prices and labor shortages fed fears that despite reassurances from the US Federal Reserve, near-term price spikes could translate into longer-term inflation. While all three indexes pared their losses from session lows, the sell-off was fairly evenly dispersed across the sectors. The Dow Jones Industrial Average fell [...]
Queen’s speech: Anger over social media safety laws as online scams excluded May 11, 2021 Campaigners have hit out at the government’s decision not to include scams in new legislation aimed at stamping out online harms. Plans to hold tech firms liable for harmful material posted to their platforms moved forward today after the Online Safety Bill was confirmed in the Queen’s Speech. The draft laws will force companies such [...]
‘Can I give you lunch?’ David Cameron sent more than 40 messages to ministers and officials to lobby for Greensill May 11, 2021 David Cameron complained that a decision to exclude failed Greensill Capital from a government bailout programme was “bonkers” and “nuts” in a spray of more than 40 texts and emails to ministers and officials, new documents today revealed. Evidence compiled by the Treasury Select Committee for an inquiry show Cameron messaged ministers, Treasury civil servants [...]
Natwest boss Alison Rose: I’m optimistic about this nation of SMEs May 11, 2021 The economic consequences of the pandemic have been severe, not least on the UK’s smallest businesses, but for Natwest boss Alison Rose it has shown just how resilient the country’s SMEs are. Rose, who was appointed chief executive towards the end of 2019, has spent the majority of her tenure tackling the impact of the [...]
Rhyme or treason: Chinese tech giant Meituan’s boss in hot water over ancient poem May 11, 2021 Shares in Chinese tech giant Meituan have dropped sharply after its chief executive posted an ancient poem on social media that was interpreted as a veiled criticism of President Xi Jinping. Wang Xing, the billionaire boss of the food delivery app, posted The Book Burning Pit by Zhang Jie on a Chinese social media platform [...]
Steering clear of the cliff edge: Why it makes business sense for sport to put the human first May 11, 2021 We’ve seen a seismic shift in attitudes around athlete welfare but the sentiment ‘it’s only what happens on the pitch that counts’, albeit largely unspoken, is sadly still common in professional sport. With the global sports market expected to reach $600bn by 2025, there is no doubt about the pressure clubs are facing to deliver [...]
Analysis: Anneliese Dodds’ sacking was a long time coming May 10, 2021 Anneliese Dodds’ sacking last night makes her one of the shortest ever serving Labour shadow chancellors, after a little more than 13 months in the role. She impressed early on as she marked a clear tonal change from the far-left policies of Jeremy Corbyn and John McDonnell, before heavy criticism began to fall on her [...]