Rolls-Royce Holdings, the FTSE-100 engineering group, will this week name a former Deloitte partner as its next finance chief as it tries to navigate through the headwinds of the COVID-19 crisis. Sky News has learnt that Panos Kakoullis, who spent 30 years at the accountancy giant, has been picked as the Derby-based industrial titan’s next
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Los Angeles County is slowly easing out of the holiday coronavirus surge as Public Health officials continue reporting fewer than 5,000 new daily cases of Covid-19. On Saturday Public Health counted 3,254 new confirmed coronavirus cases in Los Angeles, continuing the county’s sub-5000 new daily cases streak. While more than 3,000 new cases and nearly
The shake-up of Britain’s big four audit firms is to continue in earnest when Deloitte unveils the sale of its restructuring arm to Teneo, a strategic consulting firm which advises many of the UK’s biggest companies. Sky News has learnt that Teneo, which is backed by the private equity firm CVC Capital Partners, is in
Having won its historic campaign to reshape the talent agency business, the WGA now is rescinding the authority of personal managers and attorneys to procure employment for its members, effective in 90 days. The guild deputized managers and lawyers to perform the duties of agents back in March 2019, just weeks before it ordered its members
The £4bn flotation of Darktrace, one of Britain’s most prominent technology companies, has been dealt a severe blow by the resignation of one of the investment banks hired to lead it. Sky News has learnt that UBS, the Swiss bank, has informed Darktrace that it is no longer able to work on the cybersecurity provider’s
Los Angeles County will again reserve the majority of its available Covid-19 vaccinations again next week to provide second doses for those ready to receive them, with county-operated large-scale sites exclusively administering second doses, health officials said Friday. “Next week the majority of appointments at our vaccination sites will continue to be for second doses,”
The worst GDP since the invention of GDP. By now we’re mostly all familiar with the scale of the economic contraction this country has faced over the past year. We have lived the lockdowns, the furloughs, the closures. Even so, the scale of the fall in economic output still takes the breath away. Image: Bank
UPDATED with WarnerMedia plans. ViacomCBS, Disney and WarnerMedia have staked out familiar ground during mid-May for their upfront pitches to advertisers, but early signs indicate that 2021 will see continued rethinking of the annual ad-buying ritual. The ViacomCBS event will be held May 19, in virtual form due to ongoing Covid-19 restrictions on travel and
The coronavirus crisis meant the UK economy endured its deepest annual slump last year since the Great Frost in 1709, according to official figures. The Office for National Statistics (ONS) said early estimates, subject to revision, showed that gross domestic product (GDP) tumbled by 9.9% in 2020. It was a consequence of large parts of
Food exports to the European Union fell by as much as 60% at the start of the year as traders and officials struggled to adapt to post-Brexit arrangements, MPs have been told. Ian Wright, chief executive of the Food and Drink Federation (FDF), said changes since Britain’s trade deal with Europe came into force on
Yet another veteran of Buffy the Vampire Slayer has publicly offered support for Charisma Carpenter after her allegations yesterday of abuse and “misconduct” by Joss Whedon on the supernatural series. Like Carpenter herself, Sarah Michelle Gellar, Michelle Trachtenberg and Amber Benson, Eliza Dushku took to social media today to tell her co-star “I admire, respect,
Royal Dutch Shell has revealed a new set of targets to achieve net zero emissions by 2050, with carbon intensity reductions to include third party oil and gas the company sells as products. The energy company, which has received criticism from institutional investors over the power behind its earlier climate ambitions, said a “comprehensive carbon
WarnerMedia plans to light up streaming service HBO Max in 39 territories across Latin America and the Caribbean in late June, marking the first international presence for the streaming service. When European territories like Spain, Portugal, Central Europe and the Nordics join the footprint later this year, WarnerMedia expects HBO Max to be operating in
Bank of England Governor Andrew Bailey has urged the EU not to pick a fight over post-Brexit access for financial services and accused it of demanding tougher standards of the UK than other countries. Brussels has been slow to grant “equivalence” status allowing UK firms access to the bloc in the way that has already
EXCLUSIVE: Asher Angel, who starred opposite Zachary Levi’s title superhero in Shazam!, has signed with Atlas Artists. In the 2019 New Line/DC hit, Angel played Billy Baston, the foster teenager who can transform into superhero Shazam. He is set to return for the sequel Shazam! Fury of the Gods, which begins production in May. The original grossed
Britons might not be able to enjoy a holiday either in the UK or abroad this summer, Transport Secretary Grant Shapps has admitted. The government will next week introduce fresh border measures – including new testing requirements and hotel quarantine stays for some – in a bid to reduce the risk of new COVID variants
Hollywood has officially arrived in the small market town of Wales – population 65,000 – with Deadpool star Ryan Reynolds and It’s Always Sunny In Philadelphia actor Rob McElhenney completing their takeover of local soccer club Wrexham. The deal was officially approved by the UK Financial Conduct Authority last week, concluding one of the more
Twitter has revealed that changes to the platform designed to combat misinformation ahead of the US election had resulted in a “small but measurable” hit to user numbers. The social media company made the disclosure as it published results showing better than expected quarterly sales and profits for the three months to the end of
In celebration of Black History Month, the Animation Guild (IATSE Local 839) and the Black Artists Group will host a webinar on February 16 that will explore the contributions of Black animation pioneers. The discussion, titled Drawing Ourselves: Being Black in Animation, will feature the personal journeys of panelists Everett Downing Jr., co-director of the
UK and Irish residents returning from 33 “red list” countries will have to pay £1,750 to quarantine in hotels for 10 days, Health Secretary Matt Hancock has told MPs. As part of a new quarantine system due to come into force from Monday next week, the government has booked 4,600 rooms across 16 hotels for