Evergrande: Chair of Chinese property giant placed under police watch – reports September 27, 2023 Evergrande's founder is under police surveillance, according to reports, as the firm struggles to meet debt obligations
Bennett on business: Mistakes on HS2 must be learnt from September 27, 2023 Neil Bennett, Global Co-Ceo of advisory firm H/Advisors, writes for City A.M. fortnightly - this week on HS2, water companies and a new Netflix must-see
Elon Musk ‘not off the hook’: EU official warns X is the biggest source of fake news September 26, 2023 A top European Union official has said that the social network X, formerly known as Twitter, is the biggest source of fake news and urged owner Elon Musk to comply with the bloc’s laws aimed at combating disinformation. Ahead of upcoming elections, Google, TikTok, Microsoft and Meta also have more to do to tackle disinformation, [...]
JP Morgan settles Epstein lawsuit with US Virgin Islands for $75m September 26, 2023 JPMorgan Chase reached settlements with the US Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the largest U.S. bank for months.
Three-quarters of firms globally are not ready for new ESG rules, KPMG finds September 26, 2023 Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG published on Tuesday.
‘It’s time to remind the world why the capital is still number one’ September 26, 2023 London has a powered-up investment agency making the case for the capital - with a new man in charge
London investment body appoints first CEO in bid to open doors to capital September 26, 2023 LONDON’S drive to attract foreign investment to the capital could be set for a lift after a public-private partnership with a mandate to drum up business appointed its first CEO.
Dumb Money: FCA uses Gamestop film to warn of speculative ‘hype’ investment September 26, 2023 The Financial Conduct Authority (FCA) is warning cinemagoers about the dangers of speculative investments driven by hype.
Brexit: Britain to sign sixth US state-level trade deal since leaving EU September 26, 2023 The UK is poised to sign its sixth trade agreement with a US state. Industry and economic security minister Nusrat Ghani will sign a Memorandum of Understanding (MoU) with Washington state in Seattle. The West Coast state is home to major US companies including Amazon, Starbucks, Microsoft and Boeing, with the aerospace sector a priority [...]
Now even Tom Brady’s Birmingham City pals are annoyed about HS2 September 25, 2023 HS2 may be cut back due to runaway costs - which will no doubt irritate Tom Brady and pal, Birmingham City owner Tom Wagner