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Evening Standard
Paddy Power owner Flutter lowers guidance after ‘run of bad luck’ in sports bets results
Paddy Power-owner Flutter saw shares fall by as much as 7% on Tuesday morning on lowering 2021 guidance after a “run of bad luck” in key sports betting results. The FTSE 100 giant warned it expects to miss its profits forecast by up to £130 million, with earnings outside the US of between £1.24 and …
Business
Evening Standard
‘This is the end of the beginning for finance’: Mark Carney speaks at COP26 along with global finance leaders
Former Bank of England governor Mark Carney has said he believes Cop26 could be the “end of the beginning” for the global finance sector’s attitude to the climate crisis. Carney, who is now the Prime Minister‘s finance adviser for Cop26, is running global project the Glasgow Financial Alliance for Net Zero. Speaking at the Green …
Business
Sky News
COP26: Away from summit, global demand for oil and gas means BP remains a ‘cash machine’
It may strike some as deeply ironic that, while heads of state, scientists, charities and environmental activists rub shoulders at the COP26 summit, some of the biggest players involved in the transition to net zero are not in Glasgow.While the likes of Turin Polytechnic, Bristol City Council, the Omega Institute for Holistic Studies and the …
Business
Euro News
Invest in tech to speed-up the green transition, says Portugal’s Economy Minister
Business
Sky News
No end in sight to ‘gigantic bottleneck’ for global freight, shipping titan warns
Maersk, the world’s biggest shipping company, has warned there is “little visibility” about when bottlenecks in global supply chains will end.The Danish group, which reported record quarterly revenues despite the disruption as its freight rates increased sharply, said current conditions were expected to continue at least until the first quarter of next year. A lack …
Business
Sky News
British trawler detained as part of French fishing feud still being held despite Macron climbdown
A British scallop trawler detained by French authorities as part of a fishing feud with the UK is still being held, despite a cabinet minister earlier telling Sky News it had been released.The impounded Cornelis Gert Jan, a Scottish-registered scallop dredger that was seized by officials near Le Havre last week, will continue to be …
Business
Sky News
Airbnb imposes rules to prevent ‘disruptive’ New Year’s Eve parties
Airbnb has banned one-night bookings of hosts’ homes on New Year’s Eve, except for those with an excellent behaviour record, as part of a crackdown on “unauthorised” and “disruptive” parties.The home rental platform, which imposed a party ban globally last year under efforts to maintain safety at the height of the COVID-19 pandemic, said it …
Business
Business Weekly
Dunad Therapeutics could earn $1.3bn add-ons from Novartis collaboration
Pioneering Cambridge life science startup Dunad Therapeutics has struck it rich through a new deal with Novartis to develop nextgen protein degradation therapies. The strategic collaboration and licence agreement is designed to generate orally bioavailable covalent and protein degrading small molecule drugs. Dunad will receive $24 million in an upfront payment and equity investment, as …
Business
Business Live
Former chef and restaurateur buys Gloucestershire estate agency franchise
A former chef and restaurateur has acquired a Gloucestershire franchise of estate agency chain EweMove. Jonathan Butler has three decades of experience within the hospitality sector, previously running the kitchens of South West venues such as at The Ilchester Arms Hotel in Yeovil, Somerset, and Fosters on the Docks brasserie in Gloucester. More recently, Mr …
Business
Evening Standard
COP 26: Banks need to go against type to fight climate change
Bank reporting season is over, near enough, and COP26 is in full swing.A fine time for the banks to say warm (cold?) words about climate change.And kerplunk, here comes a big report from a big bank on the urgent methods it already has in place to save the planet.These platitudes are across 300 (recycled) pages …
Business
Business Live
Cornwall-based Eden Project announces ‘new Eden’ for South America
Cornwall-based The Eden Project has used the Glasgow COP26 summit to announce plans to open its first South American site as one of several around the world. The revelation, made at the Eden Project’s Pavilion at the conference, gave details of an Eden in Colombia’s Meta region. The Eden Project, which opened its St Austell …
Business
Business Live
University of Plymouth spin-out devises recyclable COP26 travel card
A Plymouth-based company is supplying every COP26 delegate with a single card which will enable them to use public transport throughout the conference. Smart Applications Management (SAM), a spinout company from the University of Plymouth, was commissioned by Transport Scotland to support, procure, test and implement the COP26 Travel Pass. Working with Transport Scotland and …

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