Israel’s property is going sky high: Tel Aviv’s Meier-on-Rothschild tower is a symbol of the city’s rapidly-growing residential market July 23, 2015 The ancient 3,000-year old city of Tel Aviv, which was built during the Ottoman Empire, with its stone houses and narrow streets, is transforming rapidly into one of the most progressive and international destinations on the planet. With an international, young, and stylish crowd, Israel’s largest metropolitan city has a record-breaking number of tech [...]
World Energy Council: Cyber threat to world energy April 17, 2016 The UK is at risk of a potentially devastating attack against its energy infrastructure, according to the head of the World Energy Council. Speaking to City A.M., Christopher Frei, director general at the World Energy Council, said the UK was one of several countries facing a growing threat. “In the last two years this issue has [...]
It’s Independence Day for Britain: Now the country needs to find a global role June 24, 2016 “You will think me transported with Enthusiasm but I am not – I am well aware of the Toil and Blood and Treasure, that it will cost Us to maintain this Declaration, and support and defend these States. Yet through all the gloom I can see Rays of ravishing Light and Glory. I can see [...]
The Brexit debate misses the point: The EU is completely irrelevant to the UK’s success in a multipolar world June 6, 2016 I have watched the current Brexit debate with growing frustration, as both sides entirely miss the point. While David Cameron – a chicken little if ever there was one – keeps ridiculously intoning that the sky will fall down if Britain dares to leave the smothering embrace of Brussels, the Out campaign talks obsessively of immigration. [...]
SodaStream International share price fizzes up as profit rises for fourth quarter but revenue falls, thanks to unfavourable foreign exchange movements February 18, 2016 Share price in SodaStream International rose today after the company revealed a fall in revenue but a rise in profits for its fourth-quarter results. The Israel-based company reported revenue for the quarter ended December 2015 of $112.9m (£78.6m), down 10.7 per cent compared with $126.5m for the same period in 2014, with the company blaming unfavourable foreign exchange movements as [...]
When you’re Making your Mind Up about your referendum vote, remember that Eurovision is nothing to do with the EU May 13, 2016 It’s that time of year again when parties are held, often with the campest of costumes, much drink is consumed, and we laugh, cheer and argue in equal measure. But wait! It’s only May. It’s not Halloween, Hogmanay, or even a bank holiday weekend. What is this new tradition in our annual calendar of escapist [...]
Benjamin Netanyahu has won Israel’s election, and he could easily become the country’s longest-serving Prime Minister March 18, 2015 Benjamin Netanyahu's right-wing Lukid party has won the Israeli election, now occupying 30 out of 120 seats in the Knesset. Its main rival, the centre-left Zionist Union, fell some way behind with 24 seats, according to Israeli media. If Netanyahu is able to put together an acceptable right-wing coalition with other parties, he will [...]
Beware fintech’s pivot to China April 12, 2016 Ever since former Barclays chief executive Antony Jenkins declared an ”Uber moment” for banks, the powers that be from the Square Mile to Canary Wharf have rushed to defend themselves against a herd of ambitious fintech unicorns. But if recent collaborations between financial titans and spritely startups are anything to go by, it appears the [...]
US Federal Reserve vice chairman Stanley Fischer airs concern over financial market volatility February 1, 2016 The vice chairman of the US central bank has said it is difficult to judge whether recent instability in financial markets will impact the Federal Reserve’s decision on interest rates. “At this point, it is difficult to judge the likely implications of this volatility. If these developments lead to a persistent tightening of financial conditions, [...]
Stronger In campaign: UK risks £250bn in trade if Brexit vote wins May 2, 2016 A war of words has erupted between those who want out of the European Union and those who want to stay – this time about the possible £250bn of lost trade if a Brexit occurred. Former chancellor Alistair Darling is fronting new research using Treasury data that found the UK benefits by being part of [...]