BT takes £600m landline charges case to the Court of Appeal October 19, 2021 BT will continue to defend itself against the claim of overcharging customers by taking the tribunal ruling to the Court of Appeal.
Early Covid hotspot the Diamond Princess won’t return to sailing until 2022 August 25, 2021 The Diamond Princess cruise ship, which became one of the earliest hotbeds for coronavirus infections when the pandemic broke out last year, will delay its return to sailing to spring of 2022, vessel operator Princess Cruises said today. Carnival-owned Princess Cruises said it had canceled the ship’s planned fall cruise in South America that was [...]
Prince Andrew is sued by Jeffrey Epstein accuser over alleged sexual abuse August 10, 2021 Britain’s Prince Andrew was last night sued for having allegedly on three occasions sexually abused a woman who says she was trafficked for sex by the late financier Jeffrey Epstein. In a civil complaint filed in the US District Court in Manhattan, Virginia Giuffre said the Duke of York, Queen Elizabeth’s second son, sexually assaulted and battered her about two decades ago, when she was [...]
Hello Sunshine, Reese Witherspoon’s company behind hit Big Little Lies, valued at $900m in Blackstone deal August 2, 2021 Academy award-winning actress Reese Witherspoon’s media company, Hello Sunshine, is selling itself to a newly formed media firm backed by Blackstone Group Inc for an undisclosed sum. The sale will value the company at about $900 million, people familiar with the matter told Reuters. Founded in 2016, Hello Sunshine is the women-led production house behind [...]
G20 ministers fail to agree on climate goals in communique July 23, 2021 Energy and environment ministers from the Group of 20 rich nations have failed to agree on the wording of a key climate change commitment in their final communique, Italy’s ecological transition minister Roberto Cingolani said today. The G20 meeting was seen as a decisive step ahead of United Nations climate talks, known as COP 26, [...]
Food supply chains ‘on edge of failing’, meat industry warns July 21, 2021 The country’s food supply chains are “on the edge of failing” as the so-called “pingdemic” aggravates a critical shortage of labour, a sector body said tonight. The British Meat Processors’ Association (BMPA) said the shortage of skills was so critical, some plants had reported vacancies of 10 per cent to 16 per cent of permanent [...]
Barclays names new investment bank heads July 20, 2021 Barclays has promoted JF Astier and John Miller to lead its investment banking business, as part of a new management team to oversee the business that mainly advises on big corporate deals such as mergers and stock market listings. The bank said the team, which will also include the heads of divisions such as human resources, [...]
French rush for Covid-19 vaccines as Macron says those without will face more restrictions July 13, 2021 French rush for Covid-19 vaccines as Macron says those without will face more restrictions
Britain carves out exemption for gold clearing banks July 10, 2021 Banks clearing gold trades in London can apply for an exemption from tighter capital rules due in January 2022, the Bank of England’s Prudential Regulatory Authority said, removing what some said was a threat to the functioning of the market. London is the world’s biggest physical precious metals trading hub. Its clearing system, operated by [...]
Tesla hits record deliveries despite chip shortage July 2, 2021 Electric carmaker Tesla posted record vehicle deliveries for the second quarter as the firm handled the worldwide semiconductor shortage through sales of its cheaper models. The results were in line with analyst expectations, as the firm cooed the supply crisis better than many of its more established rivals. However chief executive Elon Musk has warned of [...]