Most of the world’s 58,000 biggest dams are crumbling, report warns

From the Hoover Dam in Arizona to the Inguri Dam in Georgia, many of the world’s most famous dams are risk of collapsing, a worrying new report has warned. Most of the 58,700 largest dams worldwide were constructed between the 1930s and 1970s, making them between 50 and 90 years old.  However, most were only designed … Read more

Japanese government categorically DENY report that the Tokyo Olympics ‘are to be cancelled’

The International Olympic Committee (IOC) and Japanese government put on a united front as they categorically denied a report that the Tokyo Olympics is to be cancelled this summer.  It was claimed on Thursday that senior cabinet members privately agreed the Games are doomed because of the coronavirus pandemic and are now looking to recoup … Read more

Japanese government categorically DENY report that the Tokyo Olympics ‘are to be cancelled’

The International Olympic Committee (IOC) and Japanese government put on a united front as they categorically denied a report that the Tokyo Olympics is to be cancelled this summer.  It was claimed on Thursday that senior cabinet members privately agreed the Games are doomed because of the coronavirus pandemic and are now looking to recoup … Read more

MARKET REPORT: Pandemic ‘puppy boom’ leads Pets at Home to £80m profit

The pandemic ‘puppy boom’ has handed Pets at Home a double-digit sales boost, putting the retailer on track for a near-£80million profit. In a third quarter trading update, the UK’s biggest pet care business said revenues increased to £302million during the 12 weeks to December 31. That was 18 per cent higher than a year … Read more

MARKET REPORT: Second round of funding to prop up Wetherspoons

Pub group Wetherspoons has gone cap-in-hand to investors for the second time since the pandemic began as it attempts to keep its head above water. It is hoping to raise between £92.1million and £93.7million to see it through the rest of the year, by selling up to 8.4m shares. This would mean offloading them for … Read more

MARKET REPORT: Genus hits record high as it beefs up profit forecast

Shares in animal genetics business Genus hit an all-time high as it brought home the bacon for investors. The company, which selectively breeds livestock and sells bull and pig sperm to farmers, said it was hiking its profit forecasts following a ‘strong’ performance in the six months to December 31. It is now expecting a … Read more

Apple begins work on a foldable iPhone with hinged screen, report says

Apple has reportedly begun work on a foldable iPhone, a long-rumored advancement that would rival similar devices from Samsung and Motorola, though no major changes are expected to launch this year. Apple, based in Cupertino, California, has prototype folding screens for internal testing, but has yet to develop a full handset prototype, a person familiar … Read more

MARKET REPORT: Shares in Babcock plunge by one fifth

MARKET REPORT: Shares in Babcock plunge by almost one fifth as British defence giant warns it could be forced to write down value of its contracts By Matt Oliver For The Daily Mail Published: 21:50 GMT, 15 January 2021 | Updated: 21:51 GMT, 15 January 2021 Shares in Babcock plunged by almost one fifth yesterday … Read more

MARKET REPORT: Taylor Wimpey’s shares lift 2.5% as it forecasts ‘robust house sales’ for 2021 

MARKET REPORT: Taylor Wimpey’s shares lift 2.5% as it forecasts ‘robust house sales’ for 2021 By Matt Oliver City Correspondent For The Daily Mail Shares in housebuilder Taylor Wimpey rose after the firm said it expects UK sales to remain ‘robust’ this year.  In a bullish trading update, the company said it was on track … Read more

Sir Brian Leveson publishes first report on Boohoo’s supply chain overhaul

Sir Brian Leveson publishes first report on Boohoo’s supply chain overhaul after sweatshop-style conditions and low pay were exposed By City & Finance Reporter for the Daily Mail Published: 22:01 GMT, 14 January 2021 | Updated: 22:01 GMT, 14 January 2021 Sir Brian Leveson has published his first report on Boohoo’s supply chain overhaul Sir … Read more