Meta: Why is Facebook, WhatsApp and Instagram owner facing a record fine from the EU? May 22, 2023 Meta will face a record fine over its transfer of European users’ Facebook data to its US server. The fine, according to reports in Sky News, is expected to be handed to the social media giant this morning by Ireland’s Data Protection Commission (DPC), as it orders Meta to stop using “complex legal instruments” to [...]
Enough with excuses, energy suppliers must up their game May 22, 2023 Ofgem will meet to establish the latest update to the price cap, meaning a potential 30 per cent reduction in energy bills this summer.
Sainsbury’s bets on style with plans for a new online fashion marketplace May 21, 2023 Sainsbury’s is reportedly planning to launch a new online marketplace for high street fashion brands in a move which will pile pressure on department stores like John Lewis. Looking to diversify its product range whilst capitalising on a strong web traffic presence – and vast distribution networks – Sainsbury’s is looking to stock a range [...]
Rolls-Royce mismanagement was ‘worst I’ve seen in my career’ says new boss May 21, 2023 The newly appointed chief executive of Rolls-Royce says the company has been “grossly mismanaged”, describing financials the engineering group faced in 2019 as the “worst I have seen in my career”. In an interview with the Financial Times, Tufan Erginbilgic also defended his recent hires at Rolls-Royce of oil executives – with no aerospace experience [...]
Harnessing asset tokenisation for ‘risk-free’ yields May 20, 2023 Introducing Matrixport - a trusted digital assets ecosystem providing one-stop crypto financial services.
Could living in Canada become popular? May 20, 2023 The race is heating up for the smartest Canada living – Adam Bloodworth looks at the competition Crypts, former gladiatorial jousting grounds, dozens of gorgeous old pubs and even more shiny glass buildings: Canada is an under-visited district rich with cultural things to do. We should frankly all spend more [...]
Get the BBQ out: Met Office reveals exactly when London weather will be better than Spain May 19, 2023 It’s been a never-endingly miserable spring, with some data suggesting that the London weather has been the worst since the mid-nineties in terms of actual sunlight. But there is finally good news. The weather is due to reach over 20 degrees Celsius over the next two weeks, and remain nice for the duration, the Met [...]
Johnny Depp’s comeback performance in Jeanne Du Barry ‘a disappointment’, say critics May 19, 2023 Johnny Depp has made his comeback in Jeanne Du Barry, premiering at the Cannes Film Festival, but the critics aren’t keen. It’s Depp’s first film in three years, and the first since his high profile legal case against ex-wife Amber Heard in their defamation trial. Depp’s reputation was tarnished by the trial, but his team [...]
Bitcoin wallet address milestone is something to smile about May 19, 2023 Not in Miami, Jason Deane rounds up the week as he highlights what's going well for Bitcoin and not so well for Vladimir Putin.
Russia blood diamonds are latest Kremlin sanction from UK as Sunak goes after 86 more Putin-linked individuals May 19, 2023 Britain is banning Russian diamonds in a new wave of sanctions to pressure Vladimir Putin over his invasion of Ukraine as Rishi Sunak warns allies against complacency at the G7 summit in Japan. The Prime Minister announced the new measures against Russia, also including a prohibition on imports of Russian-origin copper, aluminium and nickel on [...]