FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty July 19, 2024 Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.
The bubble has burst for tech firms built on hype but solid businesses will keep growing August 16, 2022 As tech companies struggle to keep up with puffed up valuations, the sturdy - albeit less glamorous - firms will see long term growth.
FTSE 100 today: London markets set for third consecutive day of gains July 12, 2024 Asian stocks slipped as US tech shares fell, and the two-year Treasury yield dropped to a four-month low. Focus on US producer prices.
G20 leaders back global minimum corporate tax deal from 2023 October 30, 2021 World leaders are set to endorse a deal on a global minimum corporate tax of 15 per cent, to be enforced in 2023. Leaders are readying to back the Organisation for Economic Co-operation and Development (OECD)’s deal, according to draft conclusions of the G20 summit. The documents, seen by Reuters, stated: “We call on the [...]
FTSE 100 today: London markets to trade cautiously ahead of US PCE inflation June 28, 2024 Asian stocks rose ahead of US inflation data; the yen fell to 161/$, London markets eye UK Q1 GDP for direction.
City Moves: Who’s switching jobs in the Square Mile this week? March 2, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Mazars Audit, tax and advisory firmMazars has bolstered its London office with an audit and assurance partner. Joining from Mazars in South Africa where he was head of audit, Sanjay Ranchhoojee brings some two decades experience to [...]
Airbnb’s adolescence will be defined by its ability to grow August 12, 2022 Airbnb has grown into its adolescence, but it has challenges ahead to keep communities on board.
‘Lavish’ spending culture of government ministers including £345,000 ‘restaurant and bar’ bill revealed February 13, 2023 Ministers are accused of overseeing a “lavish spending” culture in Whitehall with taxpayers’ money wasted on luxury items, after Labour analysis of government procurement cards. Concerns were raised over alcohol and dining purchases by the Labour Party including almost £345,000 by foreign office officials in 2021 under the heading “restaurants and bars”, as well as [...]
EU agree common position to curb US tech giants November 25, 2021 EU countries agreed on a common position on new rules to curb the power of U.S. tech giants this morning, which will force them to do more to police their platforms for illegal content.
Peloton ousts boss and slashes 2,800 jobs in sweeping cost-cutting plans February 8, 2022 Home fitness firm Peloton will oust its chief executive and slash thousands of jobs as part of sweeping cost-cutting plans amid falling demand for its fitness products. In a trading update today, boss and co-founder John Foley said he will step down as CEO and become the executive chair, while Barry McCarthy, the former chief [...]