US-based Turntide to bolster UK’s renewable tech for freight industry June 8, 2021 US-based renewable tech firm Turntide has confirmed it is rolling into the transport sphere this morning after buying two UK-based engineering businesses. The firm, which has patented a Smart Motor System, is launching its Turntide Transport division today, in its bid for a net zero freight and shipping industry. After buying Sunderland-based battery pack manufacturer [...]
Exclusive: The pandemic sped up the pace of change in retail, says Manhattan’s CEO October 11, 2022 Ever since Covid became a household name and the pandemic creeped into businesses’ operations, global supply chains have been under more pressure than ever. It is one of the reasons urgent supply chain commerce transformation has been at the top of the agenda of retail giants, industry leaders, product experts and agents of change. One [...]
OECD: Ireland snubs global tax deal July 2, 2021 Ireland refused to sign a major agreement to overhaul the global corporation tax regime on Thursday. 130 countries and jurisdictions agreed to the deal brokered by the Organisation for Economic Cooperation and Development, which paves the way for sweeping international changes. The new regime will see a global tax for 100 of the world’s largest [...]
When is Amazon Prime Day 2019? Everything you need to know June 25, 2019 Amazon is preparing to launch its longest Prime Day ever, forming a 48-hour sales event starting at midnight on 15 July. The two day event on 15 and 16 July, similar to a Black Friday sale, offers Prime subscribers the chance to buy products from the retailer at cut prices for a limited period. Amazon [...]
EU regulators draw up ‘hit list’ of tech giants to share data with smaller rivals October 12, 2020 European Union regulators have reportedly drawn up a “hit list” of around 20 tech giants, potentially including Facebook, Apple, Amazon and Google, to reduce their market power. The internet platforms will be hit with tougher regulations than their smaller rivals under the new rules. They will be forced to share data with competitors and be [...]
City A.M. TV: Daily Market Snapshot (video) April 26, 2021 Since early April, US equity markets have been in a persistent uptrend. That’s been is aided and abetted by (i) notable US dollar weakness; (ii) lower bond yields (resulting in tech outperformance); and (iii) a strong Q1 earnings season, with most US companies surprising markets to the upside. In that respect, and while US equity indices [...]
NFTs: Learning lessons from the first steps in the digital collectables world June 17, 2021 Alex Lightman discusses how NFTs exploded on the scene and how they can have a successful future.
Replace existing property taxes with new proportional system, says think tank May 20, 2021 Bright Blue, a liberal conservative think tank, has proposed replacing the UK’s current property taxation system with a new Annual Proportional Property Tax (APPT) to help “level up” the country. Bright Blue said that some sort of APPT would be the best solution in terms of both economic and political grounds to replace the current [...]
Bitcoin gets seal of approval as Baillie Gifford ploughs $100m into London crypto firm April 21, 2021 One of the UK’s most well-know asset management firms has invested a hundred million dollars into UK-based cryptocurrency company Blockchain.com.
Rise & grind: Employers splurge on keeping teams caffeinated while working remotely April 6, 2021 Employers kept staff fed and caffeinated while working from home during the pandemic, making up for the loss of coffee and sweets available at the office by expensing Starbucks and Deliveroo orders. Keeping teams fed and caffeinated while working remotely made up nearly 36 per cent of all expenses claimed during January to November 2020, [...]