DEBATE: Has any technological development in the last 50 years matched the magnitude of the moon landing? July 19, 2019 Has any technological development in the last 50 years matched the magnitude of the moon landing? Ivan Mazour, chief executive and founder of AI-powered customer retention platform Ometria, says YES. When asked about the greatest innovation of the past century, would many of us point to the moon landing? A feat remarkable, yes, but unrepeated [...]
Shortsellers increase bets against Just Eat amid competition from Uber and Deliveroo April 29, 2019 Hedge funds have ramped up their bets against FTSE 100 giant Just Eat in recent months as they look to cash in on shareholder disruption and a slowdown in growth at the online takeaway player. The food delivery firm, which has been facing investor unrest in recent months as it fights to protect its market share against the [...]
Can you trust custom-made funds? November 19, 2019 Segregated mandates — possibly the most unsexy phrase you will come across all year. And yet, these boringly named contracts are becoming increasingly popular. When wealth management firms hire a fund manager to run a bespoke investment portfolio for their clients, this is known as a segregated mandate. Take, for example, St James’s Place (SJP), [...]
Toy Story 4 review: A visually stunning nostalgia fest that lives up to the franchise legacy June 28, 2019 The question on my lips when Toy Story 4 was announced was: why? Toy Story 3 seemed like the perfect finish to a trilogy that never made a misstep. As the film ended, the sight of Woody, Buzz Lightyear et al with their new owner, Bonnie, as their original one, Andy, drove off to college, [...]
Just Eat shares fall on 2019 outlook despite jumps in profit and revenue March 6, 2019 Just Eat scored huge boosts to profit and revenue in 2018 to relieve shareholder pressure to merge with a rival, it revealed today, but warned losses will impact 2019 earnings. The figures Profit before tax rose to £101.7m after a loss of £76m in 2017. Revenue rose 43 per cent year on year to £779.5m, [...]
Awards 2023 January 4, 2023 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
What to do about staff skipping work for the beach August 20, 2019 We’ve heard it all before: “my cat is having kittens”, “I’ve hurt my back”, “I’ve got food poisoning”, “my bathtub fell through my ceiling”, or “my car broke down”. When the sun is out, employees might feel inclined to use one of these excuses in order to skip work and do something a little more [...]
Volkswagen to build Tesla-style gigafactories as it ramps up electric car production April 15, 2019 Volkswagen is pushing its electric battery suppliers to build factories with at least one Gigawatt manufacturing capacity, according to its chief executive. Read more: Panasonic reviews plans for expansion of Tesla Gigafactory Joint venture partners such as South Korean firm SK Innovation (SKI) would need to build a so-called gigafactory because “anything below that amount [...]
Another chapter ends in the surreal adventures of Julian Assange April 12, 2019 It is false and defamatory to suggest that Julian Assange lives, or has ever lived, in a basement, cupboard, or under the stairs. The same applies to suggesting that the Wikileaks co-founder filed a lawsuit against Ecuador over laundry, used a skateboard in the Ecuadorian embassy, or failed to look after his cat. And so, [...]
Just Eat boss quits in unexpected resignation January 21, 2019 Just Eat chief executive Peter Plumb is to step down from his role at the British takeaway ordering website with immediate effect, the firm revealed this morning. In an unexpected announcement Just Eat said that Plumb is to be replaced after 16 months at the helm on an interim basis by current chief customer officer Peter Duffy [...]