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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 …
Business
Business Live
Work begins on £7m plan to redevelop Plymouth city centre
Work is starting on a “refresh” of a key part of Plymouth city centre as part of a £7m investment. Construction teams will move into the area around Old Town Street and New George Street where the dated eighties landscaping is going to be removed and in its place will be features designed to make …
Business
Business Live
North tech firm Filtronic appoints McLaren Group heavyweight as new chairman
North tech firm Filtronic has announced it has enlisted senior McLaren Group businessman Jonathan Neale as its new chairman. The Sedgefield and Leeds business, which designs and makes telecoms kit for the aerospace, defence, telecoms infrastructure and critical communications markets, said that Mr Neale will join the firm as non-executive chairman from November 15. The …
Business
Evening Standard
TP ICAP sees energy trading jump amid wider power crisis
CITY trading house TP ICAP today reported a jump in revenues, especially at its energy and commodities arm which boomed on the back of the wider power crisis.For households soaring energy prices are likely to be a problem this Christmas. For energy traders they could be a source of bonuses, as clients seek to hedge …
Business
Sky News
‘Squid Game’ cryptocurrency appears a scam as creators vanish with investments
A cryptocurrency launched with the branding of hit Netflix series Squid Game has disappeared from the web, leaving investors out of pocket and fearing that they’ve been scammed.The token had surged more than 300,000% since launch, being valued at over $2,850 (£2089), before suddenly dropping to almost zero when the creators seemed to vanish with …
Business
Sky News
THG suffers fresh blow as largest institutional investor cuts stake by half
Troubled online retailer and logistics specialist THG, formerly known at The Hut Group, has suffered a fresh blow after its biggest institutional investor revealed it was selling almost half its stake – and at a discount.US asset manager BlackRock had a 10.13% stake of nearly 124 million shares as of mid-October but said on Tuesday …
Business
Evening Standard
Drinks giant Diageo to create its first Chinese-origin single malt at new $75m distillery
Diageo has revealed it is investing $75 million (£55 million) into building its first whisky distillery in China as it targets the country‘s high-end market.The FTSE 100 drinks giant, behind brands from Johnnie Walker to Talisker, said it plans to open a 710,000 sq ft facility producing its first Chinese-origin single malt in Yunnan province. …

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