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Revenues and profits were down but BT said it put in a "strong operational performance" during the COVID-19 pandemic
How the ICP token is trying to rebuild the internet Companies How the ICP token is trying to rebuild the internet The crypto token, created by the Swiss Dfinity Foundation, has emerged from relative obscurity to become the world's eighth most valuable digital currency with a market cap of just under £26bn A new cryptocurrency, the Internet Computer (ICP) token, has been making waves in the market this week after it appeared seemingly out of nowhere and landed on several notable crypto exchanges. Since its listing on its first exchange on Monday, ICP has surged in value, jumping around 54% to...
Bumpy day, but is Burberry PLC still a long-term winner? The shares closed the day down 4.2% and were off almost 9% earlier in a roller coaster session It’s been a bumpy old day for investors in Burberry PLC (LON:BRBY). A cursory glance at its prelims suggested the luxury clothing and accessories group was faring well in the aftermath of the pandemic. It reinstated the dividend payment buoyed by a strong second-half bounce-back, while profits surprised on the upside. The depressant appears to have been Burberry’s most recent sales performance versus rivals such as LVMH and Hermes, which...
British Airways to trial 25-second Covid-19 test “We think this new ultra-rapid test is a game-changer" British Airways (LON:IAG) is to trial a Covid-19 antigen test that can give a result within 25 seconds. Cabin and flight crew will take part in the trial initially, which the airline hopes can accelerate the opening up of the airways after the pandemic. Medical tech company Canary Global designed the test, the Pelican Ultra Rapid, specifically with the travel industry in mind, it said. Raj Reddy, chief executive added: “Combining the power of nanosensor and digital detection technolog...
Rolls-Royce all-electric aeroplane heading for record breaking flight in coming weeks Rolls is confident that the batteries developments driving the Spirit of Innovation into the air are “very similar” to the characteristics that air-taxis will require Rolls-Royce Holdings PLC (LON:RR.) said its all-electric aircraft will take to the air “within weeks”, ahead of a wider launch of the battery technology into the flying car and air taxi market. Named ‘Spirit of Innovation’, the twin-propeller vehicle is claimed to be the fastest electric plane in the world, going for a run in the ...