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5 Things You Need To Know, Today, on Wednesday 29th September 2021

 

5. Chinese property giant Evergrande has said it is selling a $1.5bn (£1.1bn) stake it owns in a commercial bank, as it scrambles to raise money owed to customers, investors and suppliers.

The almost 20% stake in state-owned Shengjing Bank is effectively being bought back by the bank.

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4. Oil prices climbed above $80 (£59) a barrel on Tuesday, hitting their highest level in three years as the pound slumped.

Analysts believe that oil prices will continue to rise amid surging demand and tight supplies.

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3. A new emergency hotline has been launched for people to report and check financial scams as they happen.

A potential victim who dials 159 will be automatically connected to their bank's fraud prevention service.

(Click here to read more)

 

2. Advance ticket sales for the latest James Bond movie at UK-based cinema chains Odeon and Cineworld were at levels last seen in 2019, setting it up to be the biggest opening since the pandemic gripped the industry.

Odeon said it has sold more than 175,000 tickets for "No Time to Die", & Cineworld said it marked its highest pre-selling film since Marvel's superhero movie "Avengers: Endgame" in 2019.

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1. The Army could begin delivering fuel by the end of the week - as Boris Johnson reassures drivers about supplies.

Mr Johnson said the fuel situation was "improving" and people should be "confident" to go about their business, after days of queues and pump closures.

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