Wickes lifts profit forecast to £83m beating analyst expectations December 3, 2021 Wickes has announced it expects fully year profits to reach £83m beating the upper range of analyst forecasts at just £75m.
Omicron invades US as new Covid variant rears its head in New York, Colorado, Minnesota, California and Hawaii December 3, 2021 US authorities are on high alert as the new Coronavirus variant, the Omicron mutation, has been discovered in at least five states. The Covid-19 variant had been undetected in the US before the middle of this week. A Colorado woman who had recently travelled to southern Africa, a Hawaii resident with no recent travel history [...]
Disability in the corporate world: Challenging and championing perspectives December 3, 2021 | City Talk ICAS highlights the need to champion the rights and wellbeing of disabled people on International Day of Persons with Disabilities (IDPD). There are 14.1 million disabled people living in the UK. Despite protections under law, disabled people still face widespread prejudice, intentional or otherwise, across all facets of society. Statistics compiled by disability equality charity [...]
Jack Dorsey’s Square prepares to change its name to Block December 2, 2021 Twitter founder Jack Dorsey has announced that tech company Square will be renamed as Block, hinting at a push into blockchain technology.
Lord Rothermere raises final offer in Daily Mail privatisation push December 2, 2021 Lord Rothermere has upped his offer to shareholders as he seeks to privatise the Daily Mail Group Trust (DMGT).
Most Arcadia stores lie empty a year after empire’s collapse December 1, 2021 Press Association THE vast majority of stores from Sir Philip Green’s former Arcadia empire remain empty a year after the retailer’s dramatic collapse. Around 86 per cent of shop sites run by the group – which included Topshop, Topman, Burton and Dorothy Perkins stores – are still vacant, according to data from the Local Data [...]
Nasa warns asteroid bigger than Eiffel Tower will break into Earth’s orbit December 1, 2021 Nasa has warned that a huge 1,082 foot asteroid will break into Earth’s orbit next week. According to reports the 492 foot long space rock will skim past us on 11 December. The giant hunk of space debris has been labelled Asteroid 4660 Nereus and will come within 4.6m miles of Earth, putting the asteroid in [...]
Carbon capture could break even by end of decade if markets continues to mature: Equinor December 1, 2021 Carbon capture and storage (CCS) services for large industrial emitters could break even in the next 10 years if emitting a tonne of carbon costs around 100 euros per tonne, Equinor’s CCS chief said at the Reuters Next conference . CCS transports CO2 from where it is emitted, typically a smokestack, and stores it, usually in [...]
Volkswagen exec warns battery technology and materials will cost north of $30bn December 1, 2021 Volkswagen’s planned European battery cell plants and securing vital raw materials will cost as much as 30 billion euros ($34 billion), board member Thomas Schmall said, putting a price tag on the expansion for the first time. Schmall, who is in charge of technology at Europe’s largest carmaker, said in an interview at the Reuters [...]
Fiat and Vauxhall owner Stellantis warns EV costs will lead to job cuts December 1, 2021 Stellantis NV Chief Executive Carlos Tavares said external pressure on automakers to accelerate the shift to electric vehicles potentially threatens jobs and vehicle quality as producers struggle to manage the higher costs of building EVs. Governments and investors want car manufacturers to speed up the transition to electric vehicles, but the costs are “beyond the [...]