Week ahead: US inflation data could bolster case for Fed rate cut in September June 23, 2024 The US Federal Reserve's preferred measure of inflation is expected to show its coolest monthly reading since late 2023, offering hope that policymakers could start lowering interest rates in September.
Divestment Campaigning: From Risk to Opportunity February 28, 2024 In the eyes of activists, investor power comes with investor responsibility. Recent prominent policy announcements such as Barclays’ commitment on fossil fuel finance demonstrate the power of divestment campaigning to influence financial institutions’ policies. The NGO view of financial institutions as active enablers is now well established, and if your institution is not being hit yet, it [...]
EPCR Investec Champions Cup and Challenge Cup pool draw in full July 2, 2024 This morning in Cardiff the draws were completed for the Investec Champions Cup and EPCR Challenge Cup. The European competitions will see 42 teams battle it out for two trophies, with this year’s finals taking place in Cardiff’s Principality Stadium. Teams will play two teams in their pool at home and two teams away. Teams [...]
Investors to focus on AI and antitrust issues as Amazon, Apple and Meta line up to report January 29, 2024 Big tech companies Microsoft, Meta, Apple, Amazon and Google owner Alphabet are set to report quarterly earnings this week.
German economy shrinks in 2023 – and little sign of a turnaround January 15, 2024 Ruth Brand, president of Destatis, said that economic development in Germany "faltered...in an environment that continues to be marked by multiple crisis".
CMA pushes Adobe’s Figma deal probe deadline back eight weeks October 25, 2023 Britain's competition regulator has announced an extension of eight weeks for its ongoing investigation into Adobe's $20bn (£16.5bn) acquisition of cloud-based design platform Figma.
Royal London plots bulk annuities push as profits rise March 8, 2024 Life insurer Royal London said it was looking to push further into the booming bulk purchase annuities market today as it posted a 19 per cent rise in profits for the year.
Prudential: Hong Kong drives new business profits up 37 per cent as Asia strategy credited November 6, 2023 Insurance giant Prudential’s new business profit rose to ($2,14bn) £1.7bn in third quarter, which was a 37 per cent increase on the same period for 2022 as the firm credits its new strategy. Prudential said its Hong Kong arm led the surge, but it also increased sales to both Chinese mainland visitors and domestic customers [...]
Premier Inn owner Whitbread to cut 1,500 jobs amid shake-up of restaurant business April 30, 2024 Hospitality giant Whitbread has reported record revenue but said some jobs at its F&B arm will be impacted as it looks to exit a number of locations.
One third of tech giants under digital services tax faced investigations by HMRC December 4, 2023 One third of tech giants that pay the UK’s new digital services tax have already been subjected to checks by HMRC, says national law firm Pinsent Masons. The digital services tax was introduced at the 2020 Budget in a move to ensure tech giants pay their fair share of tax, as they would be charged [...]