FTX, LUNA, Celsius, et al – a post-mortem November 30, 2022 Dr Chris Kacher checks the health report of some deeply troubled crypto platforms as he lauds the inevitability of the metaverse.
This Kentish winemaker has just released the UK’s sweetest wine September 7, 2021 When you think of the great sweet wine producing regions you probably think of Sauternes in Bordeaux, the rolling hills of Austria, or the warm and humid vineyards of Hungary. But climate change is slowly but surely rewriting the rulebook for winemakers, and a Kentish producer has just released a late harvest wine with 122g [...]
Social media site Parler sues Amazon over account suspension January 11, 2021 Controversial social media site Parler is suing Amazon over its decision to pull support for the app. The so-called free speech app, which is popular among right-wing extremists, accused Amazon of violating antitrust laws by suspending its account. In a complaint filed in Seattle, Parler said Amazon’s decision to stop hosting the app was “apparently [...]
Retailers are using experiences, not goods, to keep high street fashion on trend November 22, 2021 A short stroll along Oxford Street these days doesn’t necessarilly fill retail fans with confidence. A phalanx of American candy stores, souvenir shops of questionable quality and ‘to let’ signs have blossomed after the pandemic, and House of Fraser last week became the latest bricks and mortar flagship to announce it would be closing its [...]
Facebook’s value tops $1 trillion after judge throws out US lawsuits June 29, 2021 Facebook last night joined an exclusive club of companies worth more than $1 trillion after a US judge dismissed two antitrust lawsuits brought against the social media company. A federal judge ruled that the legal challenges, which were brought by the Federal Trade Commission (FTC) and a coalition of states, were “legally insufficient” and did [...]
Top 10 most shorted UK stocks: Ailing Cineworld tops the list once more October 27, 2021 Cineworld, Metro Bank and Sainsbury’s are among the UK’s most shorted stocks, new analysis has revealed, as rising interest rates couple with a slower Covid recovery in some footfall-reliant sectors. The most-shorted company is Cineworld, which has had a rough ride during the pandemic after it was forced to close it 9,518 cinema screens during [...]
Drinks events back after the pandemic, Here are two for your diary April 12, 2022 The first big booze shows are on the horizon – we’ll drink to that! The Cognac Show All Cognac is brandy, but not all brandy is Cognac. Though it suffers from a perception that it is too fancy, expensive, and decadent, this varied category of French grape spirits was the workhorse of many traditional cocktails, [...]
Ready to check in: Hotel room demand jumps by 184 per cent as travel restrictions ease October 26, 2021 Global hotel prices are on the rise as demand surges after most travel restrictions are eased. The global travel industry was severely wounded by the Covid-19 pandemic with airlines, hotels, and travel agents seeing their customer base evaporate overnight due to strict travel restrictions coming into force across much of the world. But through increased [...]
Apple prepares to launch EU legal challenge over €13bn Irish tax bill September 16, 2019 Apple is set to launch a legal challenge tomorrow over an order by the European Commission to pay €13bn (£11.5bn) in Irish back taxes, as the EU seeks to crack down on tax avoidance by multinational companies. What’s the case about? The tech giant was accused of having dodged taxes and received €13bn illegal state [...]
British banks in Hong Kong have traded away their principles September 30, 2021 Hong Kong has been a crucial economic gateway between East and West for decades. As one of the biggest markets in the world, the city has punched well above its weight on the international business stage. With recent political and social upheaval and repression, however, that reputation is changing. Despite a shift in the global [...]