Snapchat releases new lens that lets you donate to the COVID-19 relief fund by scanning a banknote on your smartphone The lens uses augmented reality to show how donations help WHO efforts This includes tracking COVID-19’s spread, patient care and supporting hospitals Last week, Snapchat launched two other lenses in partnership with the WHO One … Read more
Airline and holiday company easyJet has secured a £600 million loan from the Treasury and the Bank of England’s coronavirus fund. It comes after its founder warned that the budget airline will ‘run out of money by around August’, as he urged directors to scrap a multi-billion pound deal with Airbus to avoid taking tax-payer … Read more
Exchange-traded fund specialist Will Rhind and his team launched GraniteShares in the US in 2016, and set it with a mandate to shake up the commodity investment space. It has very quickly grown into something much more than this, with £632million of assets under management and products listed in New York and London. ‘The great … Read more
City tycoon known as ‘the Rottweiler’ for his aggressive style of investing splits a fund to avoid Neil Woodford-style cash crisis as markets tumble By Daily Mail City & Finance Reporter Published: 21:55 BST, 5 April 2020 | Updated: 22:14 BST, 5 April 2020 The City tycoon known as ‘the Rottweiler’ for his aggressive style … Read more
Clinical: Igor Tulchinsky, with ex-wife Valentina Some of the world’s most powerful hedge funds have placed bets against British businesses for the first time in years, The Mail on Sunday can reveal. Billionaire speculators who have launched bids to cash in on the stock market turmoil and looming recession in the UK include an investment … Read more
Hedge fund tycoon Crispin Odey bets on Sirius bidding war as shareholders approve £405m Anglo American takeover By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 4 March 2020 | Updated: 11:54 GMT, 17 March 2020 The hedge fund managed by millionaire Crispin Odey is talking up the prospect of a bidding war breaking … Read more
Government confirms it will plough £500million into an emergency hardship fund to cover council tax bills for vulnerable people worst affected by coronavirus The money for councils to give tax relief to vulnerable people and households Budget move confirmed by Communities Secretary Robert Jenrick this morning It will be used to reduce the 2020/21 council … Read more
It wasn’t the first time Crispin Odey has been accused of crying wolf. Over the past five years, Britain’s best-known hedge fund boss has repeatedly predicted a major stock market crash. At one stage, the 61-year-old multi-millionaire seemed so convinced of impending doom that he even faced suggestions (which he dismissed as ‘absolute rubbish’) that … Read more
It’s been hailed as a wonder drug with the potential to extend the lives of thousands of people with cystic fibrosis. But patients across the UK still can’t get their hands on Orkambi – despite it being a year since Theresa May promised to take action. The drug, which slows lung deterioration, received its European … Read more
NORTH AMERICAN INCOME: The trust that invests in big US names but avoids the FAANG tech stars By Jeff Prestridge for The Mail on Sunday Published: 23:47 GMT, 14 March 2020 | Updated: 10:23 GMT, 16 March 2020 Not even the somewhat conservative portfolio underpinning investment trust North American Income has protected shareholders from the … Read more