Glencore acquires stake in UK battery maker Britishvolt

Mining giant Glencore has acquired a stake in Britishvolt, allowing the British battery maker to secure long-term supplies of cobalt, a key material. Britishvolt builds the UK’s first giant battery…

UK payroll nears pre-pandemic level, wages rise By Reuters

© Reuters. FILE PHOTO: Workers walk through Waterloo Station during the morning rush hour as coronavirus disease (COVID-19) restrictions continue to ease in Britain, London, Britain, 19 May 2021. REUTERS…

BlackRock calls on investors to raise allocations to Chinese markets

Updates on US-China relations Sign up for myFT Daily Digest to be the first to know about the latest news on US-China relations. BlackRock’s research unit said China should no…

Pfizer Submits Preliminary Booster Protection Data to FDA

Pfizer and BioNTech SE submitted early-stage data to U.S. regulators showing that a third dose of their Covid-19 vaccine resulted in higher levels of protective antibodies when given eight to…

Shopping in the United States by Reuters

A look at the day ahead from Dhara Ranasinghe. July US retail sales data later Tuesday could take on added significance after last week’s University of Michigan survey showed consumer…

Private equity groups soar on unlisted asset boom

The biggest American side private capital companies have more than tripled in value since the bottom of the market liquidation last year, as investors look to profit from the high…

UK payroll is approaching pre-pandemic level: ONS

A waiter wearing a face mask serves customers at a restaurant in Leadenhall Market in the City of London on July 27, 2021. TOLGA AKMEN | AFP | Getty Images…

Electric vehicle startups seek low-cost routes to mass production By Reuters

© Reuters. By Nick Carey and Ben Klayman BICESTER, England (Reuters) – Electric car and van startups racing to be the next Tesla (NASDAQ 🙂 Inc all want to avoid…

Lex in depth — remittance fintechs herald a payments revolution

For the past few years, Pedro Coelho has been periodically sending £400-£500 at a time home to Portugal. “My grandparents needed surgery so I got together with family to fund…

Telkom is wrong – there is no market failure in mobile

There is a real irony in the way Telkom uses every opportunity available to it to complain about a “duopoly” in the mobile phone industry in South Africa. It is,…