Trump sells flagship Washington hotel for $100m profit May 13, 2022 Former president Donald Trump has made a cool profit on the sale of his flagship Washington Hotel, totalling a cool $100m. The tycoon sold up the lease on Trump International Hotel for $375m it was reported this week, which is a record price for the US capital. According to the Times, the sale gave his [...]
EP: 130 Newbury, Newmarket & Hong Kong May 13, 2022 Newbury is the venue for the Group 1 Lockinge Stakes, run over the straight mile course where the unbeaten Baaeed will be a tough nut to crack wearing the famous blue and white Shadwell colours in the feature race. Trainer George Baker sends Surrey Mist to Newbury on Saturday in search of a hat-trick of [...]
Jacob Rees-Mogg adds fuel to the Brexit fire: ‘The EU is trying to punish the UK’ May 13, 2022 Jacob Rees-Mogg has claimed the EU is trying to punish the UK for Brexit. The Minister for Brexit Opportunities and Government Efficiency said about the ongoing talks with the EU: “I think it [the EU] wants to make the UK feel bad about having left the European Union and that underpins its whole policy and [...]
We have lift off: UK and US pen landmark partnership to drive space growth May 13, 2022 Future spaceflight is set to be made easier and cheaper, following a landmark partnership with the US to help cut red tape and boost opportunities in the UK, signed by the Transport Secretary this week in Washington.
Big data: what is it and who is using it? May 13, 2022 | City Talk As the capabilities of analytics technology become ever more sophisticated, how are organisations mining and using this information and what are they doing with it? The value of information has been described as on par with and, depending on the information and how it is used, exceeding that of precious metals and fossil fuels. Although [...]
Crypto crash: Gains wiped out as host of coins collapse May 12, 2022 The prices of Bitcoin, Ethereum and other cryptocurrencies plummeted to 16-month lows yesterday in a major crash that wiped out the gains made during the past year’s bull market. The past week has seen the price of Bitcoin drop by more than a fifth and the price of Ethereum drop by more than a quarter, [...]
Disney dodges subscriber slump but needs to keep fairytale alive May 12, 2022 Appearing to buck streaming giants' downward trend in the last few weeks, Disney+ announced that it had picked up 7.9 million new subscribers in the last quarter, taking its total user base to 44.4 million.
The City View: Subpar UK economic figures, and more rate hikes to come May 12, 2022 Today Andy Silvester talks to Morning Wire’s Economics and Markets reporter Jack Barnett. They go through the gloomy economic figures released by the ONS this morning measuring the economy’s performance, and explain what this will mean for rate hikes going forward. And in the news: BT has confirmed a joint sports venture with Warner Bros [...]
Reemerging: Vodafone and Three open up tie-up talks once again May 12, 2022 The third and fourth largest mobile network operators in the country Vodafone and Three have reignited merger talks as the British telecom wars continue to heat up.
Gas prices soar as the Kremlin brings in sanctions against European Gazprom divisions May 12, 2022 Gas prices on UK and European benchmarks have spiked again after the Kremlin has imposed sanctions on Gazprom units in Europe and the US.