Corporate Slavery & India November 6, 2023 “Indians work longer hours per year (~2000) than USA, Brazil and Germany” said a report published by the ILO; but Narayan Murthy does not believe it. Last week, in a podcast, founder and Ex-CEO of Infosys, Narayan Murthy (hailed as the father of the 24-hour workday on Infosys website) suggested that Indian youth should work [...]
Pump priming: How the shale gas revolution has transformed the US energy industry November 26, 2019 At KD’s Bar-B-Q in Midland, Texas, one can see first hand that the energy boom is still alive and well. Oil service workers, property developers, and financiers stand in a line that snakes out onto the street to order its fabled tri-tip steaks and ribs. In less than a decade, a boom in the country’s [...]
Embedding EDI in your internal procedures – Mini Guide July 18, 2023 Embedding EDI in your internal procedures: points to consider Many organisations are considering a review of their policies and procedures to ensure they are fully compliant with their key equality and diversity objectives and corporate strategy. We understand that organisations need to put processes in place which are not just suitable for now, but are [...]
Aristocrat to buy Playtech in gaming industry cash acquisition – CityAM : CityAM October 18, 2021 Gaming technology company Aristocrat is acquiring the entire issued and issued ordinary share capital of gambling platform Playtech for 680p in cash per share. The acquisition, made through a subsidiary of Aristocrat – Bidco – has an approximate value of £2.1bn on a fully diluted basis, with £2.7bn value on an enterprise value basis. “This [...]
A look towards this year’s BFI Flare LGBTQ film festival March 10, 2022 During the height of The Gateway club’s popularity in the 1960s, Mick Jagger turned up and begged for entry. He knew this was a space for women only but he wasn’t taking no for an answer. “He said ‘Go on Gina, I’ll wear a dress,’” recalls Jacquie Lawrence, director of a new documentary on the [...]
Walmart maintains outlook for next year as profits tighten against inflationary pressures August 16, 2022 US retail giant Walmart’s profits were eaten into by inflation as it maintains its outlook for the next financial year despite revenue being up 8.4 per cent. The supermarket chain took in $152.9bn in Q2 but said this strong growth was “partially driven by inflation”, which tempered its outlook, and its profits. Its comparative sales [...]
An open letter to the PM: Britain must build Sizewell C — nuclear sits at the heart of a green recovery July 12, 2020 An open letter to Prime Minister Boris Johnson, business secretary Alok Sharma, and chancellor of the Exchequer Rishi Sunak We are writing as engineers, nuclear experts, scientists and concerned citizens to applaud your commitment to fighting climate change through energy policy, in particular the commitment to proceed with new nuclear construction at the same time [...]
Explainer-in-brief: firing up the coal plants to stave off the dark of night May 31, 2022 Six million British households could face power cuts this winter, as the consequences of Russia’s invasion of Ukraine send shockwaves across the energy supply chain. This is bad news not only for the people affected, who could see their electricity cut in the early mornings and evenings, but also for the green transition. Keeping the [...]
UK assets in focus this week November 16, 2022 This week’s focus in markets apart from the US’s weak inflation print last week is on Sterling and the FTSE in the wake of a raft of economic data points, as well as the new Chancellor Jeremy Hunt’s Autumn statement on Thursday the 17th. UK inflation this morning came in at a level not seen [...]
‘Fading recession fears’ boost optimism as services sector bounced back to growth in February March 3, 2023 The UK’s service sector bounced back to growth in February as business optimism improved and activity expanded at the fastest pace since June. The S&P Global/CIPS UK services PMI survey showed a reading of 53.5 in February, up from 48.7 in January and slightly ahead of market expectations. Any score above 50 is considered growth [...]