#The Financial Times

Where to buy PS5: Restock updates and how to pre-order Sony’s elusive PlayStation 5 console

Follow live: PS5 stock UK – tracking live restock updates from all the major retailersThe PS5 has been out for over nine months now and gamers are still struggling to get their hands on Sony’s newest console. Stock issues have plagued the PS5 ever since it launched last year, and the restock kerfuffle is still going on today.The sad tale began in November, when excited gamers tore open PS5 parcels that they had pre-ordered, only to find them replaced with cat food, a George Foreman grill and a bag of grain. Whenever more PS5s were made available, they were snapped up almost immediately,...
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Cutting Off Unemployment Benefits Didn’t Fix the Economy, It Turns Out

It’s still a little bit early to draw final conclusions, but so far, it seems that cutting off unemployment benefits for millions of Americans in the middle of a public health emergency hasn’t led to a surge of job seekers, despite the expectations of the many business owners and conservative politicians who demanded it.
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COVID-19 live updates: Hospitalizations reach another all-time high in Iowa for 2021

(NEW YORK) — The United States has been facing a COVID-19 surge as the more contagious delta variant continues to spread. More than 681,000 Americans have died from COVID-19 while over 4.7 million people have died from the disease worldwide, according to real-time data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. The average number of daily deaths in the U.S. has risen about 20% in the last week, according to data from the Centers for Disease Control and Prevention and the U.S. Department of Health and Human Services.

Axios Vitals

Good morning. Welcome to the end of yet another action-packed week. ("Action-packed" is a euphemism for chaotic.) Situational awareness: Last night, CDC director Rochelle Walensky approved booster shots for Americans aged 65 and older, nursing home residents and people between 50 and 64 who have underlying health issues. Today's word...
Ars Technica

Bitcoin outlawed in China as country bans all cryptocurrency transactions

China’s crackdown on cryptocurrencies intensified today, with the country’s central bank announcing that all crypto-related transactions are illegal. “There are legal risks for individuals and organizations participating in virtual currency and trading activities,” the People’s Bank of China said in a statement jointly issued with nine other government bodies. Even Chinese nationals working overseas weren’t exempt, with the government saying that they, too, would be “investigated according to the law,” according to a report in the Financial Times.

4 Uranium Stocks to Buy on Retail Investors’ Hype

Uranium prices recently hit a nine-year high. It’s therefore not surprising that uranium stocks have surged. Let’s first discuss the factors that have driven the so-called yellowcake higher. Besides some improvement in fundamentals, there are two reasons for the uranium surge. In July , RBC opined that social media activity...

Petrol shortage: Some Shell petrol stations run out of fuel as panic buying triggers ‘larger queues’

Some Shell petrol stations are reporting that they have run out of fuel.It comes after BP, Tesco and Esso have warned of a lack of fuel at a number of their forecourts as a result of the HGV driver shortage.Shell said it was seeing increased demand for fuel at some of its petrol stations as worries over fuel running out of stock sent motorists to the pumps en masse to fill up their tanks since yesterday.A spokesperson for the Anglo-Dutch oil group said: “We are seeing an increased demand today for fuel at some of our stations, which may in...

Britain's Sunak accepts call for financial reforms after Greensill collapse

Sept 24 (Reuters) - British finance minister Rishi Sunak has ordered two immediate reviews of the country's financial regulation related to the collapse of supply chain finance firm Greensill Capital. In a letter to a parliamentary committee that issued a report in July related to Greensill's collapse, released on Friday...

Drax may keep coal-fired power plants open beyond planned closure

UK power provider Drax has announced that it could keep its coal-fired power stations in operation beyond their planned closure date of next year due to the energy crisis gripping Europe. Drax’s chief executive Will Gardiner stated that the UK is likely to face a “tough winter” if temperatures are colder than the average.

George Osborne brings in Russian oligarch to his new investment bank

George Osborne has won his new investment bank employer a role advising EN+, the Russian metals giant founded by Oleg Deripaska, according to reports. Mr Osborne joined Robey Warshaw, a corporate advisory firm in London, in April. The boutique investment bank is now said to be advising EN+’s subsidiary Rusal, an aluminium producer, in its negotiations with palladium and nickel miner Norilsk Nickel, according to a story first reported by the Financial Times.
ICIS Chemical Business

What global petchems demand would have been like without the China property bubble warns us about the future

PLAYING “What if?” games by changing the course of history is popular amongst students of the subject, including myself. Imagine, therefore, in our world of petrochemicals, if China hadn’t decided in late 2008 to launch the world’s biggest-ever economic stimulus package to compensate for the Global Financial Crisis. Beijing felt...

Biden acted like Trump & delivered ‘insult to a NATO partner’ with AUKUS pact, says Merkel’s ex top foreign policy adviser

The AUKUS submarine deal that deprived France of a hefty contract with Canberra has led to a “big loss of confidence” in the Biden administration, a former foreign policy advisor to German Chancellor Angela Merkel has said. The agreement between Washington, London and Canberra to provide Australia with nuclear-powered, yet...

‘Fed up with bad headlines’: Boris demands fix to lorry driver crisis

Boris Johnson has demanded a quick fix to the UK’s critical shortage of lorry drivers, which has sparked a string of supply chain problems and left petrol stations with long queues on Friday. Ministers and officials are expected to meet to examine a number of measures to deal with the...

OTT Newsletter 23/09: DAZN and BT Sport… some thoughts

Whenever the prospect of DAZN making a full entry into the UK has been mooted recently the noises from the London-based company have been more positive. DAZN chairman Kevin Mayer said recently at the Royal Television Society Convention in Cambridge that he would “love to see the Premier League” on the UK platform and that there are “many paths to get there”.