Flexible office rents tumble as London boom fuels more spaces February 24, 2019 Fresh evidence of a boom in the capital’s flexible workspace market has come to light with a report out today that shows a sharp rise in new spaces coming to the market. Growing demand for shorter leases led to more than 150 new flexible office space business centres opening in Central London during 2018, marking [...]
What the Four Horsemen of the Apocalypse can teach you about crisis communications June 11, 2019 IF YOU know your biblical stories or are simply enjoying the joint BBC-Amazon TV adaptation of Terry Pratchett and Neil Gaiman’s Good Omens, then you will be familiar with the Four Horsemen of the Apocalypse: Pestilence, War, Famine, and Death. But rather than heralding the end of the world, how could this quartet of characters [...]
City Moves for 15 April 2019 – Who’s switching jobs at Herbert Smith Freehills, Trussle and Osborne Clarke? April 15, 2019 Today's City Moves includes Herbert Smith Freehills, Trussle and Osborne Clarke. Herbert Smith Freehills Herbert Smith Freehills partner Chris Bushell has been elected as the new vice-president of The London Solicitors Litigation Association (LSLA). Chris, who is also the organisation’s membership secretary, is a former member of the Junior LSLA Committee and has been actively [...]
Google parent Alphabet misses estimates as EU fine takes its toll April 29, 2019 Alphabet missed Wall Street estimates on revenue in its first quarter, while the EU's €1.5bn (£1.3bn) advertising fine weighed on profit. Revenue rose 16.7 per cent to $36.3bn for the first three months of 2019, its slowest pace in three years, missing analyst estimates of $37.3bn according to data from Refinitiv. The parent firm of [...]
Is oil’s relationship with energy stocks slipping? October 21, 2019 Our chart of the month shows that the link between energy stocks and oil appears to be on the slide. What’s happening? Typically, the US energy sector trades in tandem with oil prices. The sector is largely made up of household names like Exxon and Chevron, involved in exploration and production. They are known as [...]
Samsung to put its voice assistant Bixby in all devices by 2020 November 20, 2018 Samsung Electronics has put its faith in its smart voice assistant Bixby, today announcing a pledge to put the software in all of its electronic products by 2020. The technology, chosen as a rival to Amazon's Alexa, was launched last year via Samsung's top tier smartphone range. The Korean tech giant said at a developer conference [...]
Labour’s top Trotskyites want to crash the economy and spark a revolution April 25, 2019 In the wake of the political chaos, with the government fixated on Brexit, there is a credible threat of two Trotskyite Marxists becoming Prime Minister and chancellor. While the likelihood of a General Election this year remains low, it cannot be ruled out. This means that there is no greater task for the government at [...]
Apple, Amazon and Alphabet in race to $1 trillion market cap as tech titans post massive sales numbers February 1, 2018 The race to become the first $1 trillion (£701bn) tech giant encountered fresh twists and turns last night as Apple, Alphabet and Amazon revealed their latest results. Apple, the world’s largest firm by market capitalisation, led the way as the trio posted a combined $125bn of sales. It beat revenue and earnings expectations but unit [...]
Europe must lead the way with digital tax, says EU competition commissioner April 8, 2019 Europe must agree on plans for a new digital tax and should be the trailblazer if there is no global consensus, the EU’s competition commissioner Margrethe Vestager has said. The EU last month scrapped initial plans to roll out a digital tax on tech giants after opposition from several member states. Read more: EU drops [...]
Sears chairman wins auction for troubled department store chain with $5.2bn bid January 16, 2019 The chairman of bankrupt US department store chain Sears has won an auction for the retailer with a bid of $5.2bn (£4bn). Read more: Bidders table competing offers for struggling HMV Eddie Lampert prevailed in the auction today after weeks of back-and-forth negotiations. Lampert’s bid, made through his hedge fund, ESL Investments, will keep up to [...]