After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Brian Cox dives into Canary Wharf’s pool of talent August 28, 2014 Professor Brian Cox was in Canary Wharf last night talking about inflation. Not the kind that Mark Carney worries himself with though, Professor Cox was wowing a room of City types and entrepreneurs about the inflationary universe. Minds were boggled. The audience was gathered in ClubLounge39 in the FinTech hub of the same name. Prof [...]
AA boss Chris Jansen resigns along with finance chief Andy Boland August 28, 2014 AA’s chief executive Chris Jansen has resigned from the roadside recovery firm with immediate effect just months after it was taken public. The company’s chief financial officer Andy Boland will also be leaving, though no details of the timing of his departure were given. Executive chairman Bob Mackenzie will now lead the company. Jansen said [...]
Qantas reports biggest loss ever but share rises August 28, 2014 Qantas announced a post-tax loss of AU$2.8bn (£1.57bn) for the year ending June – its biggest ever loss. The Australian airline said the result was in part because of the A$2.6bn write-down on its international fleet, but also cited domestic demand, poor consumer spending and rising fuel costs as contributing factors. Last year [...]
Ebola risk: Outbreak set to get worse, official warns August 28, 2014 The Ebola outbreak currently gripping West Africa will get worse before it gets better, a public health official in the US has said. Tom Frieden, director of the Centers for Disease Control, said that in order to bring the epidemic under control, an “unprecedented” response would be needed. According to the BBC, he [...]
Cameron warns of significant losses for independent Scotland at CBI conference August 28, 2014 Today, Prime Minister David Cameron is will implore Scottish voters not to abandon one of the "oldest and most successful single markets in the world" during a speech to the CBI Scotland conference in Glasgow. He will warn that separation could lead to a 90 per cent loss of business for Scotland's financial services [...]
Scottish Independence: Business leaders sign letter backing “yes” vote August 28, 2014 Scottish firms have hit back at a letter signed by 130 business leaders slamming the case for Scottish independence with their own version: this morning, a letter signed by 200 pro-independence firms argued the exact opposite; that a "yes" vote would benefit the economy. Published in The Herald newspaper, it states: "An independent Scotland will recognise [...]
David Cameron: Independent Scotland cannot pilfer pound August 27, 2014 David Cameron will deliver a clear message to the leader of the Scottish independence campaign Alex Salmond today, warning there will not be a currency union under any circumstances if Scots vote Yes in the 18 September referendum. It comes despite Salmond’s claim that the Yes campaign has the edge and that Scotland would keep [...]
Calling all trendies and urbanites: Lidl’s £20m ads are aimed at YOU August 27, 2014 German discounter Lidl is gambling £20m on a new national TV advertising campaign to grab more middle-class shoppers from Tesco and Sainsbury’s. The ad, unveiled last night at the Victoria & Albert Museum, shows shoppers trying products at an East End market, only to find out that they were from Lidl. Products include Lidl’s £11.99 [...]
Ryanair’s revamp as it aims for business suits August 27, 2014 Budget airline Ryanair is looking to entice companies focused on their bottom line to choose its newly launched business class service, as it aims to become the default option for short-haul corporate travel. Ryanair, Europe’s largest no-frills airline, has attracted controversy in the past with mooted ideas of standing- only flights and charging to use [...]
European Central Bank hires Blackrock to help with loan purchase programme August 27, 2014 The European Central Bank (ECB) has appointed money managers Blackrock to advise the institution on a plan to buy up loans and help revive the bloc’s financial markets. Blackrock will advise the ECB on an asset-backed securities (ABS) purchase programme, which would be designed to give the stagnant euro economies a boost. However, former ECB [...]