Sam Bankman-Fried: Founder of Crypto platform FTX on trial accused of ‘massive fraud’ October 5, 2023 A US prosecutor has told jurors that FTX founder Sam Bankman-Fried was on top of the world a year ago before his historic fraud was exposed, leaving customers and investors without at least 10 billion dollars (£8.23bn) they thought was secure. Assistant US attorney Nathan Rehn repeatedly pointed at Bankman-Fried, sitting with his lawyers in [...]
Listings reforms alone won’t be enough – we need to talk about our risk appetite October 5, 2023 Reform of the London Stock Exchange is under way - but we'll need to see support from public and private sector to give our equity markets a boost, writes Clare Cole, Director of Market Oversight at the FCA
Golfers can play for brand value at Olympics and Ryder Cup, not a pay cheque October 5, 2023 This week’s Ed Warner column looks at the Patrick Cantlay “pay or no pay” discussion and how Olympians can only dream of being in a situation where they don’t need payment to compete at the highest level. Can those Ryder Cup golfers simply increase their brand value by rubbing shoulders with Olympians in Paris next [...]
We can’t let delusional section of Tory party derail election campaign October 5, 2023 The Conservatives face a battle between the realists and the denialists in the run-up to the next election but success in campaigning depends on being honest about your chances, writes John Oxley
Airbnb targets long-term rentals and aims for eventual expansion ‘beyond travel’ October 4, 2023 Change is on the horizon for Airbnb and its customer base, with the multipurpose travel app looking to incorporate longer-term rentals and add “beyond travel” experiences. Airbnb is most known for its convenient travel accommodation planning and bookings, but this could soon change. Next month could bring the “biggest update to Airbnb ever,” chief executive [...]
Sunak strips HS2 bosses of London Euston responsibility: ‘There must be accountability for mistakes made’ October 4, 2023 HS2 Ltd has been stripped of responsibility for Euston station as there “must be some accountability for the mistakes made”, Prime Minister Rishi Sunak said. Rishi Sunak used his speech at the Conservative Party conference to confirm that the high-speed railway will reach the central London station after developing a plan that will generate cost [...]
SSE: Energy giant bullish over earnings but warns renewables output ‘below expectations’ October 4, 2023 SSE expects to report earnings of at least 30 pence per share in its half-year results next month, but warns of flagging renewable generation.
How Petra Diamonds plan to use tech to battle rise of lab-grown alternatives October 4, 2023 Blockchain technology could help diamond sellers confirm the emissions footprint and the quality of working conditions at their mines.
Old Friends review: Sondheim honoured in show bursting with love October 4, 2023 Old Friends review and star rating: ★★★★★ What drew Bernadette Peters, living legend of Broadway, aged 75, after a half-century-long career in New York, to finally make her West End debut? Especially given she’ll make a considerably worse salary here compared to financially flush Broadway? A knees-up to celebrate musical impresario, Stephen Sondheim. Sondheim passed [...]
Why Aruba lives up to its nickname of ‘One Happy Island’ October 3, 2023 There are many places across the world where Brits aren’t truly welcome. Sure, our incessant politeness and love of queuing endears us to strangers, but we also like to drink, and we speak loudly and exclusively in our mother tongue. Amsterdam recently launched a “stay away” campaign specifically targeted at young British tourists in an [...]