Why Donald Trump’s bitcoin reserve wouldn’t work in the UK July 30, 2024 Debates over a government bitcoin reserve have swelled up this week after former president Donald's Trump's comments at a bitcoin convention over the weekend.
Is America’s ‘woke backlash’ a warning? July 22, 2024 With Microsoft scrapping a DEI team and Elon Musk moving to Texas, is the tide turning on the ‘woke’ agenda – and should businesses pay attention? Asks Eliot Wilson When America sneezes, Britain catches a cold. It is an idea that became popular after the Wall Street Crash of 1929, when the fall in New [...]
Bill Ackman: Billionaire investor backs Donald Trump after assassination attempt July 15, 2024 Billionaire investor Bill Ackman has formally thrown his support behind Donald Trump following the assassination attempt on the ex-president last week. The hedge fund manager endorsed Trump on X a few hours after the Republican party candidate was injured in a shooting during a rally, stating: “I assure you that I have made this decision [...]
Elon Musk: SpaceX tender offer could value startup at record $210bn June 27, 2024 The space and satellite company was last valued at $180bn in a December transaction and is the world's second most valuable startup.
Tesla shareholders approval Musk’s £44bn pay package but reject ESG proposals June 14, 2024 Elon Musk has won a battle to have his bumper pay packet approved.
FTSE 100 today: London markets set to rebound, but fifth consecutive weekly losses loom June 14, 2024 Asian stocks slipped amid rising Europe-China trade tensions. The BOJ maintained rates. Eyes on US consumer confidence and import prices.
FTSE 100 today: Blue-chip set to open lower amid stalled Fed cut bets and EU political uncertainty June 10, 2024 Asian stocks dipped and the euro weakened after far-right gains in the EU elections. All eyes are on the US Fed and BOJ policy decisions.
Why Scottish Mortgage trust is selling Nvidia June 5, 2024 Scottish Mortgage, the second largest investment trust in the UK, has warned that though the future for AI is bright, companies like Nvidia might not carry on bringing in the record gains that they have managed over recent months. While Scottish Mortgage is on board with the vision of an AI future, deputy manager Lawrence [...]
Social media giants in the spotlight as parties throw money at online ads June 5, 2024 Social media companies’ political advertising policies are likely to come under increasing scrutiny as UK political parties throw more money at online ads in the run up to the election, Jess Jones writes
Elon Musk: Battle over £44bn payday looking tougher for Tesla boss May 27, 2024 Tesla is facing a shareholder revolt over plans to award boss Elon Musk a record-breaking $56bn (£44bn) bonus, with the firm's second-largest investor behind Musk himself now advised to block the deal.