Secretive billionaire Kenneth Dart builds £5bn stakes in Big Tobacco April 29, 2021 A reclusive billionaire known for so-called vulture fund investments has built stakes worth nearly £5bn in two of the world’s largest tobacco companies. Cayman Islands-based Kenneth Dart, who is heir to a US foam cups empire, has built a seven per cent stake in British American Tobacco and snapped up three per cent of rival [...]
The Mitchells Vs The Machines is the feel-good film of 2021 April 29, 2021 It’s rare to find an original film that generate a lot of hype in this sequel and ‘shared universe’ obsessed industry. However, when there’s a new film from the producers of Cloudy With A Chance of Meatballs and the much-adored Into The Spider-Verse, people sit up and pay attention. Netflix certainly did, paying big money [...]
Exclusive: Scrapping paper documents could boost UK trade by £25bn April 29, 2021 Digitising business and removing tens of millions of paper documents would boost small British businesses’ overseas trade by £25bn over the next four years, according to new research. A report by the International Chamber of Commerce (ICC), seen by City A.M., argued that UK firms were trapped in the “bureaucracies of the 16th century” and [...]
Facebook posts massive $26 billion revenue – but not a Bitcoin in sight April 28, 2021 No sign of rumoured Bitcoin holdings as Facebook posts record $26 billion revenue figures.
American astronaut Michael Collins of Apollo 11 dies aged 90 April 28, 2021 American astronaut Michael Collins, who stayed behind in the command module of Apollo 11 on July 20, 1969, while Neil Armstrong and Buzz Aldrin traveled to the lunar surface to become the first humans to walk on the moon, died on Wednesday at age 90, his family said. A statement released by his family said Collins died [...]
Mayor of London election: Minor candidates create a race within a race April 27, 2021 This year’s mayor of London election has set a record for the most ever candidates – a 20-strong field of career politicians, chancers, grifters, oddballs, cranks, culture warriors and earnest small party hopefuls. The race itself has provided little interest for the public at large, with a Sadiq Khan victory a foregone conclusion at a [...]
Pressure builds on Boris Johnson over £58,000 flat refurbishment costs April 27, 2021 Boris Johnson is facing growing pressure about the source of a £58,000 loan given to him to pay for the refurbishment of his Downing Street flat, with Labour today accusing the Prime Minister of lying. Johnson has now paid the cost of the refurbishment out of his own pocket, however multiple media outlets have reported [...]
The work of art in the age of mathematical reproduction April 27, 2021 Charles Kerrigan puts forward the case that we're all post-modernists now in the world of NFTs - even lawyers.
Facebook advertising chief issued warning over inflated audience figures April 27, 2021 A top Facebook executive warned colleagues the company must “prepare for the worst” over claims it inflated figures on how many people its adverts could reach, court filings have revealed. Carolyn Everson, vice president of the social media giant’s global business group, wrote in an email in 2017 that the company would be “justifiably” criticised [...]
Formula 1 to use ‘sprint qualifiying’ to decide grid position at some races, starting with the British Grand Prix April 27, 2021 Formula 1 is to introduce “sprint qualifying” races on the Saturdays of some grand prix weekends. The 100km sprints – roughly a third of a full grand prix – will not only be used to set grid positions for Sunday’s main race but will also be worth points for the three fastest drivers. July’s British [...]