Dan Loeb adds to Shell stake despite doubling down on break-up calls May 8, 2022 Activist investor Daniel Loeb has revealed he has added to his stake in energy giant Shell despite doubling down on calls for a shake-up to the energy major’s corporate structure.
Beergate: Starmer under pressure after leaked memo indicates dinner was pre-planned May 8, 2022 Sir Keir Starmer is facing fresh questions over the so-called ‘beergate’ scandal today after a leaked memo indicated a takeaway and dinner with colleagues in Durham was pre-planned.
Amazon shareholders told to rebel on boss’s pay packet May 6, 2022 One of the world’s top shareholder groups has told Amazon investors to vote against a proposed pay hike for boss Andrew Jassy and the re-election of board director Judith McGrath at the firm’s annual general meeting this month.
Ministers set to unveil data reform bill in Queen’s Speech May 6, 2022 Ministers are preparing to unveil a new data reform bill to allow the UK to split from EU privacy laws, according to reports.
WisdomTree slams dissident investors for ‘false and misleading assertions’ May 6, 2022 Investment giant WisdomTree has hit back at what it said were “false and misleading assertions” levelled at the firm by shareholders ETFS Capital Limited and Lion Point Capital, after they accused the board of lack of concern for its investors.
Investment giants batten down the hatches as inflation soars May 6, 2022 Investment giants are braced for rampant inflation and an extended period of rate hikes after the Bank of England warned yesterday the economy is at risk of sliding into recession this year.
UK pensions regulator puts dampener on crypto as US funds dip their toes May 5, 2022 The UK pensions regulator has dampened hopes that British pension schemes may follow US counterparts into crypto investment today, claiming that fund managers should not “speculate” with savers’ cash.
Former Jupiter director slams boss and warns of a takeover swoop May 5, 2022 board director at asset management giant Jupiter has slammed the firm’s leadership and warned bosses the firm it is at risk of a takeover if they fail to arrest a slide in performance.
Fund flows show sign of rebound after March exodus May 5, 2022 Fund flows showed signs of recovery in April after outflows surged for a third consecutive month in March in the face of tightening monetary policy and war in Ukraine.
Hiscox sets aside £32m to weather impact of war in Ukraine May 5, 2022 Insurance giant Hiscox has ring fenced $40m to weather expected losses from the war in Ukraine, as it quantifies the hit of the conflict for the first time.
