Going head to head: Emirates says it simply refuses to accept Heathrow’s passenger cap July 14, 2022 Gulf carrier Emirates has refused to comply with Heathrow’s passenger cap, saying it will continue to operate flights as scheduled. The airline described Heathrow’s request as “unreasonable and unacceptable,” arguing that moving some of its flights from the west-London hub to alternative UK airports at the last minute was not realistic. The Dubai carrier added [...]
Mixed reviews: Government puts brakes on Online Safety Bill as parliamentary schedule squeezed July 14, 2022 The government have delayed the remaining stages of the Online Safety Bill after the turbulence at Number 10 has squeezed parliamentary calendars.
SMEs put the buzz into business July 14, 2022 Micro-firms are the worker bees of the economy. They provide the thousand-and-one services that keep business going, contribute to the community, and help us keep our daily lives on track. They are the one-man bands; the partnerships, and the family businesses. They’re the people in the kiosk at the station serving your coffee in the [...]
Exchanges responsible for stolen crypto and legal documents can be served via NFTs, High Court rules July 13, 2022 Crypto exchanges will be responsible for stolen crypto on their platforms and legal documents can be served through NFTs, the High Court of England and Wales decided yesterday. Exchanges like Binance hold cryptocurrency as trustees and are responsible for stolen crypto on their exchanges, the court held. The court’s decision also means that victims of crypto [...]
Court freezes bankrupt hedge fund Three Arrows Capital’s assets as founders still missing July 13, 2022 A bankruptcy court in New York has frozen the remaining assets of failed crypto hedge fund Three Arrows Capital as its founders still seem to be missing. Federal judge Martin Glenn granted the emergency motion on Tuesday, which comes as the founders of the fund, Zhu Su and Kyle Davies, appear to be evading creditors, CNBC [...]
Demand for alternative assets to rise 46 per cent over next 12 months July 13, 2022 Demand for alternative assets is set to soar by 46 per cent over the next 12 months as rising inflation sends investor interest surging. In a survey by alternative investment platform AssetTribe and market research firm Survation, 53 per cent of the 580 investors surveyed across the UK and Europe said their appetite for alternative [...]
Bitcoin holds just below $20k as sentiment remains low July 13, 2022 The price of Bitcoin (BTC) remains below $20k this morning, flat over the past 24 hours at around $19,750 this morning.
Google slows down hiring for rest of 2022 amidst economic uncertainty July 13, 2022 Google will slow hiring for the rest of the year as economic gloom sets in. Sundar Pichai, CEO of Google parent company Alphabet, informed employees in an email yesterday, according to CNBC. “The uncertain global economic outlook has been top of mind,” he said. “Like all companies, we’re not immune to economic headwinds.” The company [...]
The investment trust sector and the Four Horsemen – a review of Q2 22 July 13, 2022 Conquest and War – Russia’s invasion of Ukraine and the ongoing conflict between the two countries; Famine – at the very least the increased threat of global food shortages as supplies from Ukraine, the ‘bread basket of Europe’, increasingly become weaponised; Death – despite the roll-out of vaccines, Covid-19 continues to mutate and take lives [...]
BT execs urge unions to guarantee 999 services as nearly 40,000 gear up to strike July 13, 2022 BT executives have called on trade unions to guarantee that 999 services will not be impacted during impending strikes.