Saturday, April 10, 2021

archivehits

Business

‘Record companies have me on a dartboard’: the man making millions buying classic hits | Music

Merck Mercuriadis had a good Christmas. On Christmas Day, the No 1 song in the UK was LadBaby’s Don’t Stop Me Eatin’, a novelty cover version of Journey’s 1981 soft-rock anthem Don’t Stop Believin’. It replaced Mariah Carey’s All I Want For Christmas Is You, which had topped the chart 26 years after its original release. Both songs are unkillable, evergreen hits, which are closing in on 1 billion Spotify streams apiece. Both songs are among the 61,000 owned, in whole or in part, by Mercuriadis’s investment company, Hipgnosis Songs...
Science

Heavy snow blankets parts of Greece as cold front hits country | Greece

There was widespread snowfall in Greece last week as a cold front plunged southwards across the country. The snow in Athens on Monday was the heaviest since February 2008, blanketing landmarks such as the Acropolis. Florina in northern Greece recorded a minimum temperature of -19.0C. Strong winds accompanied the cold weather, with gusts of over 60mph (97kmph) across the Aegean Sea, resulting in disruption to shipping.Meanwhile, heavy monsoon rains in Indonesia have caused severe flooding around the capital, Jakarta. Flood waters were about 1.8 metres (6ft) deep in parts of...
Business

Pound hits three-year high, as reopening hopes lift travel shares – business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The pound has hit a new three-year high against the US dollar, amid optimism about the UK’s economic prospects as the country prepares to start reopening from the pandemic lockdown. Sterling hit $1.42 this morning, for the first time since April 2018, as traders continue to drive the pound up on the foreign exchanges. The pound vs the US dollar over the last five years Photograph: Refinitiv The pound also rallied...
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