Apple’s Tim Cook cautions Donald Trump over China tariffs August 19, 2019 US president Donald Trump said that he has spoken with Apple chief executive Tim Cook about the impact of US tariffs on Chinese imports and that Cook “made a good case” that tariffs could hurt Apple. According to Trump, the pair spoke about competition between Apple and South Korean rival Samsung, with Cook arguing that [...]
Disney boss Bob Iger resigns from Apple board as streaming rivalry heats up September 15, 2019 Disney chief executive Bob Iger has stepped down from the board of Apple as the two companies prepare to go head to head in the escalating streaming wars. Iger stepped down from his role on 10 September, the same day Apple unveiled the price and launch date of its streaming service, according to a one-line [...]
BoE’s Cunliffe sees strong case for UK digital currency May 13, 2021 Bank of England Deputy Governor Jon Cunliffe today said he could see good reasons for the central bank to launch its own digital currency. Cunliffe said the Covid crisis had accelerated the shift away from ‘public’ cash issued by the BoE and in favour of ‘private’ money used for online payments. “We may not be [...]
The City View: Steve Hawkes and Susannah Streeter January 24, 2021 City A.M. Acting Editor Andy Silvester speaks to two media heavyweights to look at the week to come on both sides of the Atlantic. Susannah Streeter looks at big updates from Apple and Tesla, whilst Steve Hawkes – formerly Sun City Editor and once upon a time 25/1 shot to become the next Bank of [...]
Bitcoin´s new all-time high of $67k underscores its mainstream value, says deVere CEO October 21, 2021 Bitcoin is undeniably a mainstream asset class and most investors should consider including crypto assets as part of a diversified portfolio, asserts an industry insider. The bullish observation from Nigel Green, CEO and founder of deVere Group, which has $12bn under advisement, comes as the world’s dominant cryptocurrency hits a new all-time high of more [...]
Technology companies dominate list of best places to work in the UK January 13, 2021 Here's the list of best places to work in the UK, and these tech firms dominate
US tech giants could face $28bn bill from global tax reforms July 5, 2021 US tech giants such as Google and Facebook could face a $28bn (£20bn) bill as part of radical plans to overhaul global corporation tax, new research has revealed. The Organisation for Economic Cooperation and Development (OECD) last week agreed on a new tax model to ensure companies pay tax in countries where they earn revenue, [...]
UK to gain new £700m film and TV studio amid streaming goldrush August 1, 2021 The UK is set to gain yet another major film and TV studio complex after private equity giant Blackstone unveiled plans to build a major new hub near London. Funds managed by Blackstone Real Estate Partners and LA-based Hudson Pacific Properties have acquired a 91-acre site in Hertfordshire, 17 miles north of central London, for [...]
Beijing has done irreparable damage to Hong Kong after freezing top media mogul’s assets May 19, 2021 On Friday, the owner of Hong Kong’s biggest pro-democracy newspaper had his assets, amounting to HKD$500 million, frozen. Mr Lai was already facing trumped up charges under the National Security Law, but this step is the biggest blow to date for press freedoms and puts the long-run viability of his newspaper, Apple Daily, into question. [...]
Wise launches cross-currency investment feature for UK customers September 21, 2021 British fintech giant Wise has entered the retail investing space with its new feature “Assets”, which allows UK account holders to invest in stocks across 54 currencies. As of today, individuals and businesses holding Wise accounts will be able to hold their money as stocks and use Assets to invest in BlackRock’s iShares World Equity [...]